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.
Sitting at halftime” is not exactly the best place to be, for a sports team, or for a stock. Nothing is advancing. And potentially worse, the ...
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 ...
Adobe CEO says the company has not been slow with AI monetisation. He explained how in an interview with CNBC on Thursday ...
Below is Validea's guru fundamental report for ADOBE INC (ADBE). Of the 22 guru strategies we follow, ADBE rates highest using our P/B Growth Investor model based on the published strategy of ...
Adobe (ADBE) shares slid about 10% during early market action on Thursday, following its latest financial results, but ...
Adobe (NASDAQ:ADBE – Free Report) had its price objective reduced by Citigroup from $551.00 to $490.00 in a research report ...
In its fourth quarter 2024 investor letter, RiverPark Large Growth Fund emphasized stocks such as Adobe Inc. (NASDAQ:ADBE). Adobe Inc. (NASDAQ:ADBE) is a technology company that operates ...
Adobe (NASDAQ:ADBE) surpassed estimates in its first quarter fiscal 2025 financial results, as its outlook for the remainder ...
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