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Adobe tanks 12% on Q4 earnings
Why Adobe Stock Crashed 12% After Earnings
Adobe ( ADBE -12.68%) 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.
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 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.
5h
Adobe Analysts Split After Strong Q4, Weak 2025 Guidance
Adobe Inc's shares tanked despite upbeat Q4 results amid exciting earnings season. Piper Sandler, Oppenheimer, Goldman Sachs ...
23h
on MSN
2024 was a great year, strong close to Q4, says Adobe CEO Shantanu Narayen
Shantanu Narayen, Adobe chairman & CEO, joins 'Closing Bell Overtime' to talk Adobe's Q4 results ahead of the earnings call.
3h
on MSN
Why Analysts Can't Quit Adobe Even After Disappointing Revenue Guidance
Adobe shares dropped Thursday after the company’s fiscal fourth-quarter results came with an underwhelming revenue outlook, ...
11h
Adobe’s Strong Q4 Performance and AI Innovations Pave Way for Long-term Growth
William Blair analyst Jake Roberge has maintained their bullish stance on ADBE stock, giving a Buy rating yesterday.Pick the best stocks and ...
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