Down 33% in the Past Year: Is Adobe (ADBE) Stock a Buy Now?
Adobe’s decline was mainly due to its disappointing forward guidance. Q2 revenue forecast came in at $5.77–$5.82 billion vs. the consensus of $5.8 billion. Investors were likely spooked as the lower end of the guidance still implies a chance of Adobe missing expectations.
For context, this time last year, in fiscal Q1 2024, Adobe's balance sheet held $3.1 billion of net cash. Today, its net cash ...
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Adobe (NASDAQ:ADBE) Surprises With Q1 SalesCreative software maker Adobe (NASDAQ:ADBE) reported Q1 CY2025 results , with sales up 10.3% year on year to $5.71 billion.
Citi lowered the firm’s price target on Adobe (ADBE) to $430 from $490 and keeps a Neutral rating on the shares. The firm says the company’s ...
Looking ahead, Adobe maintained its full-year revenue outlook of $23.3 billion to $23.55 billion, and adjusted earnings per ...
Q1 Earnings: Adobe reported first-quarter revenue of $5.71 billion, beating the consensus estimate of $5.66 billion. The ...
Good day, and welcome to the Q1 FY 2025 Adobe Earnings Conference Call. Today's conference is being recorded. At this time, I'd like to turn the conference over to Steve Day, SVP, DX CFO in ...
Adobe beat expectations for revenue and adjusted earnings per share in the first quarter, although its outlook was slightly disappointing. The company has generated more than $125 million in bookings ...
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Adobe analysts come away with positives from the company's Q1 results, including more visibility in AI monetization efforts.
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