Adobe Q1 Earnings: Stuck In No Man's Land, Not For Me
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 position stands at $1.2 billion. So, they've used more than 100% of their free cash flow to repurchase shares, and these shares are still falling in price.
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 ...
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 ...
Adobe’s decline was mainly due to its disappointing forward guidance. Q2 revenue forecast came in at $5.77–$5.82 billion vs.
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 target price reduced by Morgan Stanley from $660.00 to $600.00 in a research note ...
ADOBE ($ADBE) posted quarterly earnings results on Wednesday, March 12th. The company reported earnings of $5.08 per share, beating estimates of $5.07 by $0.01. The ...
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RiverPark Advisors, an investment advisory firm and sponsor of the RiverPark family of mutual funds, released its “RiverPark ...
Barclays analyst Saket Kalia maintained a Buy rating on Adobe (ADBE – Research Report) today and set a price target of $567.00. The company’s ...
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Why Adobe (ADBE) Shares Are Getting Obliterated TodayWhat Happened? Shares of creative software maker Adobe (NASDAQ:ADBE) fell 13.2% in the morning session after the company ...
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