That said, investors care more about where a company and its stock are heading than where they came from. Adobe's stock was met with several price target reductions from Wall Street analysts ...
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 ...
Analysts are largely bullish on Adobe stock, expecting it to recover from the lows it saw earlier this year and return to positive territory for 2024. Adobe stock has experienced large moves after ...
Overall, Adobe’s revenues are estimated to touch $19.42 billion in FY2023. Further, ADBE’s net income margin is likely to remain around the same level as the last year. It will likely result ...
The stock came under pressure due to management's fiscal 2025 revenue growth guidance of 8.9%, which implies a deceleration from 10.8% in fiscal 2024, he further noted. Oppenheimer On Adobe ...