Adobe Stock Falls. Why Earnings Were a Mixed Bag.
Shares in the creative software company were sliding Thursday. The economic slowdown could hit its bottom line.
Why Adobe Stock Crashed Today
Not only that, but Adobe reported $2.5 billion in positive free cash flow for the quarter, twice last year's $1.2 billion, and 36% more than reported net income. By these metrics, the quarter looked exceptionally strong, and earnings quality at Adobe was very good.
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.
What Analysts Think of Adobe Stock Ahead of Earnings
Adobe is expected to report fiscal 2025 first-quarter results after the closing bell Wednesday, with analysts mostly bullish leading into the report and next week's Adobe Summit.
New Buy Rating for Adobe (ADBE), the Technology Giant
RBC Capital analyst Matthew Swanson maintained a Buy rating on Adobe (ADBE – Research Report) today and set a price target of $530.00. The
Why Adobe (ADBE) Shares Are Getting Obliterated Today
What Happened? Shares of creative software maker Adobe (NASDAQ:ADBE) fell 13.2% in the morning session after the company reported underwhelming fourth-quarter (fiscal Q1 2025) results, as remaining performance obligations (RPO - leading growth indicator) fell short of analysts' estimates.
Adobe Stock Catches a Downgrade. Why Earnings Were a Mixed Bag.
Shares in the creative software company were sliding Thursday. The economic slowdown could hit its bottom line.
Adobe (ADBE) Q1 2025 Earnings Call Transcript
Operator Good day, and welcome to the Q1 FY '25 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 and corporate finance,
Adobe Stock Tumbled on Thursday Despite Record Revenue. Is the AI Growth Stock a Buy Now?
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Digital Camera World on MSN1d
Adobe Stock now enables you to mass-edit with AI – but is it a nail in the coffin for stock photography, or another way for creators to earn money?
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