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.
Adobe Reports Strong Earnings but Stock Falls on Disappointing Outlook
In the same period last year, Adobe reported earnings of $4.27 a share on revenue of $5.05 billion. Digital media — the company’s largest segment — generated revenue of $4.2
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 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 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.
Adobe Q4 Earnings: Revenue, EPS Beat On Strong Demand Related To AI, Shares Slide Following Soft Guidance
Adobe reports fourth-quarter revenue of $5.61 billion, beating the consensus estimate of $5.54 billion. The company reports fourth-quarter adjusted earnings of $4.81 per share, beating analyst estimates of $4.
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,
Why Adobe Stock Is Down After Its Earnings Beat
Adobe stock is lower Thursday despite the tech giant beating expectations for its fiscal 2024 fourth quarter. Here's what you need to know.
Adobe Inc. stock rises Wednesday, still underperforms market
Shares of Adobe Inc. ADBE inched 0.53% higher to $549.93 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX rising 0.82% to 6,084.19 and the Dow Jones Industrial Average DJIA falling 0.
Adobe shares plunge 13% on disappointing revenue guidance
Adobe shares tumbled after the software vendor issued revenue guidance that fell short of analysts’ estimates.
Why Analysts Can't Quit Adobe Even After Disappointing Revenue Guidance
Key Takeaways Adobe stock tumbled Thursday after the company issued a fiscal 2025 revenue outlook below analysts' expectations.Analysts lowered their Adobe price targets but maintained "buy" ratings on optimism for the company's generative AI monetization.
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AI Hype Fizzles: Adobe's Bearish Outlook Sparks 14% Sell-Off, Here's What's Next
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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 ...
Adobe’s stock drop highlights this fundamental disconnect over AI
Adobe’s management team is bullish on the AI opportunity in creative services, but Wall Street is growing impatient on the ...
Adobe Pre-Earnings: No Reason for Bearish Sentiment This Time
Adobe’s (ADBE) fiscal Q4 earnings are set to be released on December 11th, after the market close. I remain bullish on Adobe ...
Adobe stock sinks as weak outlook stokes fears over AI monetization, growing competition
Adobe stock fell after the creative software giant provided a weaker-than-expected outlook for the 2025 fiscal year.
The Setup: Adobe and Costco
Satellites have captured amazing views views of these craters on Earth. ESA explains. Nördlinger Ries Ouarkziz Crater ...