Adobe tanks 12% on Q4 earnings: 3 reasons to buy
Investors are punishing Adobe Inc (NASDAQ: ADBE) this morning after its management issued weaker-than-expected guidance for the full year – making them question how well the company is positioned amidst the rising competition in the AI space.
Why Adobe Stock Crashed 12% After Earnings
Adobe (NASDAQ: ADBE) stock tumbled 12.4% through 10:30 a.m. ET Thursday despite beating earnings in its fiscal Q4 2024 report last night. Heading into the report, analysts forecast Adobe would earn $4.67 per share on $5.5 billion in sales. In fact, Adobe earned $4.81 per share, and its sales exceeded $5.6 billion.
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;
Why Adobe Inc. (ADBE) Is the Best Augmented Reality Stock to Buy Now?
We recently published a list of 10 Best Augmented Reality Stocks To Buy Now. In this article, we are going to take a look at ...
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Adobe Stock Plummets on Disappointing Guidance
Adobe (ADBE) is firmly lower today, despite upbeat fiscal fourth-quarter results, after disappointing guidance ...
Dow Jones Today: Stocks Down Slightly as Market Pulls Back From Record Highs; Adobe Plunges on Weak Outlook
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Adobe tumbles after outlook disappoints Wall Street, TD Cowen cuts rating
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Adobe (ADBE) and Box (BOX): Powering Enterprise Content Creation with AI
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Adobe’s (NASDAQ:ADBE) Q4 Sales Beat Estimates But Full-Year Sales Guidance Misses Expectations Significantly
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Top Stock Movers Now: Adobe, MetLife, Oxford Industries, and More
Key Takeaways Major U.S. indexes were slightly lower at midday Thursday after the November Producer Price Index came in ...
Nasdaq eases off 20K record high, S&P slips after producer inflation comes in hot
U.S. stocks largely edged lower Thursday, as investors assessed key wholesale inflation data that came in hotter than economists had anticipated.  Stocks took a breather after the Nasdaq Composite ...
Why Is Adobe Inc. (ADBE) Among Halvorsen’s Top Stock Picks Right Now?
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5 Things to Know Before the Stock Market Opens
U.S. stock futures are lower after tech stocks helped push the Nasdaq over the 20,000 level for the first time; Adobe stock ...
Stock market today: Dow, S&P 500, Nasdaq edge lower with rate cuts front of mind
Investors get the next piece of the inflation puzzle after the latest reading on consumer prices boosted bets on a December ...