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.
Adobe (NASDAQ: ADBE) fell 13.9% on March 13 in response to its first-quarter fiscal 2025 results and full-year guidance.
Adobe (NASDAQ:ADBE – Free Report) had its target price reduced by Morgan Stanley from $660.00 to $600.00 in a research note ...
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 ...
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Adobe, UiPath, ZenaTech And More: 5 Technology Stocks That Attracted Brisk Activity On Stocktwits Over Past 24 HoursThe U.S. market has been on the back foot since the middle of February, as President Donald Trump’s tariff policy has sunk ...
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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.
Adobe (NASDAQ:ADBE – Free Report) had its price target trimmed by Mizuho from $620.00 to $575.00 in a research report report published on Thursday morning,Benzinga reports. The brokerage currently has ...
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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