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Analysts revisit Adobe stock price targets after Q4 earnings
Adobe has been of the tech market's biggest underperformers so far this year, falling around 13.2% over the past twelve months as it struggles to monetize its ambitions to infuse
Why Adobe Stock Crashed 12% After Earnings
Adobe ( ADBE -12.68%) stock tumbled 12.4% through 10:30 a.m. ET Thursday despite beating earnings in its fiscal Q4 2024 report last night. Heading into the report, analysts forecast Adobe would earn $4.67 per share on $5.5 billion in sales. In fact, Adobe earned $4.81 per share, and its sales exceeded $5.6 billion.
Why Adobe Stock Is Down After Its Earnings Beat
Adobe stock is lower Thursday despite the tech giant beating expectations for its fiscal 2024 fourth quarter. Here's what you need to know.
Adobe Stock Has Underperformed Its Peers. Earnings Could Give a Boost.
Adobe stock has underperformed its peers this year, but Wednesday’s earnings can provide shares a much-needed boost. Adobe is scheduled to report fourth-quarter financials after the stock market closes.
Adobe price target lowered to $625 from $685 at DA Davidson
DA Davidson analyst Gil Luria lowered the firm’s price target on Adobe (ADBE) to $625 from $685 but keeps a Buy rating on the shares. The
Adobe tanks 12% on Q4 earnings: 3 reasons to buy
Investors are punishing Adobe Inc (NASDAQ: ADBE) this morning after its management issued weaker-than-expected guidance for the full year – making them question how well the company is positioned amidst the rising competition in the AI space.
Adobe Q4 Earnings Beat Estimates, Shares Fall on Weak Outlook
Adobe ADBE reported fourth-quarter fiscal 2024 non-GAAP earnings of $4.81 per share, beating the Zacks Consensus Estimate by 3.22%. The figure improved 12.6% on a year-over-year basis. ADBE’s earnings beat the Zacks Consensus Estimate in all the trailing four quarters,
2d
on MSN
Adobe Reports Strong Earnings but Stock Falls on Disappointing Outlook
In the same period last year, Adobe reported earnings of $4.27 a share on revenue of $5.05 billion. Digital media—the company ...
2d
Adobe’s stock drop highlights this fundamental disconnect over AI
Adobe’s management team is bullish on the AI opportunity in creative services, but Wall Street is growing impatient on the ...
2d
on MSN
Adobe stock sinks as weak outlook stokes fears over AI monetization, growing competition
Adobe stock fell after the creative software giant provided a weaker-than-expected outlook for the 2025 fiscal year.
1d
Adobe: Strong Q4 Bookings Growth Signals Resilient Demand (Rating Upgrade)
Read here for an analysis of Adobe's post-earnings performance, highlighting revenue deceleration, margin outlook, FCF growth ...
2d
on MSN
Why Analysts Can't Quit Adobe Even After Disappointing Revenue Guidance
Adobe shares dropped Thursday after the company’s fiscal fourth-quarter results came with an underwhelming revenue outlook, ...
SchaeffersResearch.com
2d
Adobe Stock Plummets on Disappointing Guidance
Adobe (ADBE) is firmly lower today, despite upbeat fiscal fourth-quarter results, after disappointing guidance ...
9h
Adobe's Unloved Status Triggers Rich Capital Appreciation Prospects
ADBE remains the market leader in Application Development and Graphic SaaS markets, as observed in its ability to ...
Insider Monkey on MSN
1d
Lack of ROI On AI Investments Rattles Adobe’s (ADBE) Shareholders
Adobe’s stock is down 11% today as investors struggle to make sense of its earnings report. The company has been investing ...
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