Adobe Beats Expectations on All Fronts
The software company reported record revenue for its fiscal 2024 fourth quarter, and surpassed both analysts' estimates and ...
Adobe Shares Plummet 12% After Lowering Outlook—Despite Record Revenue
The Photoshop maker’s stock has underperformed this year as it forecasts slower revenue growth, even as the company exceeds ...
Diginomica6h
Not so much 'show us the money' as 'show us the AI' for Adobe?
Given the recent impatience (petulence?) seen on Wall Street around AI on what diginomica has dubbed ‘show us the money’ ...
Adobe’s Strategic Growth and Generative AI Opportunities Drive Positive Outlook Despite Short-term Revenue Dip
Goldman Sachs analyst Kash Rangan reiterated a Buy rating on Adobe (ADBE – Research Report) yesterday and set a price target of $640.00.Pick ...
Adobe Stock Falls After Photoshop Maker's Revenue Guidance Disappoints
Adobe shares fell, after the software maker gave a disappointingly weak outlook for its new fiscal year. Adobe (ADBE) stock stood about 10% lower in recent premarket trading, at slightly under $495 a ...