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.
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Why Adobe (ADBE) Shares Are Getting Obliterated TodayShares of creative software maker Adobe (NASDAQ:ADBE) fell 13.2% in the morning session after the company reported ...
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Equity analysts from Jefferies said in a report published on Sunday that chief information officers they surveyed expect ...
Adobe (ADBE) shares slid about 10% during early market action on Thursday, following its latest financial results, but ...
Adobe forecast second-quarter revenue in line with Wall Street expectations on Wednesday, as it grapples with slower ...
The company’s introduction of new AI-enabled products is encouraging, although monetization is still “in the early stages,” a ...
Adobe's GenAI tools like Firefly streamline marketing workflows, enhance collaboration, and ensure safety, driving growth in ...
Adobe shares tumbled Thursday after the company’s full-year forecast came in lower than expected, but analysts said they're still bullish on AI-driven growth.
Adobe Inc. gave a disappointing outlook for revenue growth in the current quarter despite a recent focus on monetizing its ...
Adobe beat Wall Street expectations for first-quarter revenue on Wednesday, benefiting from strong spending on its portfolio ...
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