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.
Key Takeaways Adobe shares tumbled Thursday on the company's underwhelming outlook. However, analysts said they they're still ...
Digital Camera World on MSN19h
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?When you buy through links on our articles, Future and its syndication partners may earn a commission. Adobe Stock has been ...
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 beat analyst expectations in the first quarter, delivering 10% revenue growth and much improved operating cash-flow generation. With the creative software industry at risk of disruption from ...
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 ...
Q1 Earnings: Adobe reported first-quarter revenue of $5.71 billion, beating the consensus estimate of $5.66 billion. The ...
Key Takeaways U.S. equities dropped at midday, again driven lower by concerns about new tariffs. Adobe shares sank when the ...
Adobe (ADBE) shares slid about 10% during early market action on Thursday, following its latest financial results, but ...
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