TD Cowen downgrades Adobe shares as earnings repot flags growth risks
Following its disappointing fourth-quarter earnings, TD Cowen cut its rating on Adobe (NASDAQ:ADBE) shares from Buy to Hold, and reduced the price target on the stock from $625 to $550. The investment bank pointed out a series
Adobe Q4 Earnings Beat Market, Sees Growth Ahead; But Shares Hit
Software major Adobe Inc. issued positive outlook for first quarter and fiscal 2025 earnings and revenues, after reporting higher
Adobe: Fiscal Q4 Earnings Snapshot
(ADBE) on Wednesday reported fiscal fourth-quarter net income of $1.68 billion. The San Jose, California-based company said it had profit of $3.79 per share. Earnings, adjusted for one-time gains and costs,
Adobe Q4 Earnings: Why This Stock Leaves Me Unsold
Despite strong AI tool adoption, Adobe faces slowing growth and stiff competition. Read more to see why I remain neutral on ADBE stock.
Analysts revisit Adobe stock price targets after Q4 earnings
Adobe has been of the tech market's biggest underperformers so far this year, falling around 13.2% over the past twelve months as it struggles to monetize its ambitions to infuse
Adobe Reports Strong Earnings but Stock Falls on Disappointing Outlook
Adobe stock was falling after the maker of Photoshop provided disappointing revenue guidance.Adobe said it expects first-quarter revenue to be between $5.63 billion and $5.68 billion, which was below the FactSet consensus of $5.
Adobe (ADBE) Q4 2024 Earnings Call Transcript
Operator Good day, and welcome to the Q4 and FY '24 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;
Adobe Stock Has Underperformed Its Peers. Earnings Could Give a Boost.
Adobe  stock has underperformed its peers this year, but Wednesday’s earnings can provide shares a much-needed boost. Adobe is scheduled to report fourth-quarter financials after the stock market closes.
Adobe tumbles after outlook disappoints Wall Street, TD Cowen cuts rating
Adobe's (NASDAQ:ADBE) stock fell about 10% premarket on Thursday after the company's fiscal 2025 outlook came below estimates ...
5 Things to Know Before the Stock Market Opens
U.S. stock futures are lower after the Nasdaq hit 20,000 for the first time, Adobe stock plummets on a disappointing revenue ...
Adobe (ADBE) and Box (BOX): Powering Enterprise Content Creation with AI
We recently compiled a list of the 11 AI News You Should Not Miss. In this article, we are going to take a look at where ...
Adobe tanks 12% on Q4 earnings: 3 reasons to buy
Adobe shares slide on weaker-than-expected guidance for the full year. Adobe stock is now trading at a discount compared to ...
Adobe slides as weaker annual revenue guidance offsets Q4 results beat
Adobe reported Wednesday fiscal fourth-quarter results that beat estimates, but softer revenue guidance weighed on the stock ...
Adobe’s (NASDAQ:ADBE) Q4 Sales Beat Estimates But Full-Year Sales Guidance Misses Expectations Significantly
Creative software maker Adobe (NASDAQ:ADBE) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 11.1% year on year to $5.61 billion. On the other hand, next quarter’s ...
Why Is Adobe Inc. (ADBE) Among Halvorsen’s Top Stock Picks Right Now?
We recently compiled a list of Norwegian Billionaire Halvorsen’s Top 10 Stock Picks. In this article, we are going to take a ...
Biggest stock movers Thursday: ADBE, NDSN, and more
Stock futures edged lower Thursday morning, following a consumer inflation report that aligned with expectations and reinforced predictions of a quarter-point rate cut by the Federal Reserve next week ...
Adobe Inc (ADBE) Q4 2024 Earnings Call Highlights: Record Revenue and AI Innovations Propel Growth
Adobe Inc (ADBE) reports strong fiscal year performance with significant contributions from AI-driven solutions, despite facing market challenges.