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.
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 lowered by KeyCorp from $450.00 to $390.00 in a research note published on Thursday,Benzinga reports. KeyCorp currently has an underweight rating ...
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 ...
Adobe Systems (ADBE) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance ...
Adobe CEO says the company has not been slow with AI monetisation. He explained how in an interview with CNBC on Thursday ...
Adobe (ADBE) shares slid about 10% during early market action on Thursday, following its latest financial results, but ...
In its fourth quarter 2024 investor letter, RiverPark Large Growth Fund emphasized stocks such as Adobe Inc. (NASDAQ:ADBE). Adobe Inc. (NASDAQ:ADBE) is a technology company that operates ...
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 (NASDAQ:ADBE) surpassed estimates in its first quarter fiscal 2025 financial results, as its outlook for the remainder ...
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