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.
Analysts revisit Adobe stock price targets after Q4 earnings
D.A. Davidson analyst Gil Luria, who lowered his price target on the group by $60, taking it to $625 per share, said Adobe's outlook for revenue growth was conservative "given the various growth levers the company has to monetize the value provided to enterprises and proliferate freemium offerings."
Adobe Reports Record Q4 and Fiscal 2024 Revenue
Adobe (Nasdaq:ADBE) today reported financial results for its fourth quarter and fiscal year 2024 ended Nov. 29, 2024. “Adobe delivered record FY24 rev
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: 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,
Adobe Reports Strong Earnings but Stock Falls on Disappointing Outlook
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 below the FactSet consensus of $5.
Adobe (ADBE) Q4 2024 Earnings Call Transcript
Operator Good day, and welcome to the Q4 and FY '24 Adobe earnings conference call. Today's conference is being recorded. At this time, I'd like to turn the conference over to Steve Day, SVP, DX; CFO;
Adobe Stock Has Underperformed Its Peers. Earnings Could Give a Boost.
Adobe  stock has underperformed its peers this year, but Wednesday’s earnings can provide shares a much-needed boost. Adobe is scheduled to report fourth-quarter financials after the stock market closes.
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.
Coinbase approaches high end of Q4 guidance as 'crypto becomes mainstream,' CFO says
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T-Mobile says Q4 trending ‘at least in line with’ prior view, ‘maybe better’
CEO Mike Sievert appeared at the UBS Global Media and Communications Conference and attended a fireside chat with UBS’s John ...
Photronics, Inc. (NASDAQ:PLAB) Q4 2024 Earnings Call Transcript
Q4 2024 Earnings Call Transcript December 11, 2024 [Operator]: Good day, and welcome to the Photronics Q4 FY 2024 Earnings ...
American Banker1d
International banks stumble in Q4 earnings amid credit hurdles
Institutions like BMO Financial Group and Bank of Nova Scotia saw earnings bogged down by increased loan loss provisions and ...
Teradata expects Q4 to be ‘a big quarter’
Says not seeing a budget flush. Says Q4 a “huge quarter” every year for the company. Says linearity already seen means Q4 is a big quarter.
JPMorgan Chase expects investment banking fees to be up by 45% in Q4
JPMorgan Chase investment banking fees are expected to rise by 45% in the fourth quarter over a year ago, Marianne Lake, the ...
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 ...
Broadcom Q4 Earnings Preview: Will the company continue its streak of beating estimates?
Broadcom (NASDAQ:AVGO) is set to announce its fourth quarter earnings results on Thursday, December 12th, after the closing ...
Tesla sells 21,900 EVs in China in first week of Dec, the highest in Q4
U.S. automaker Tesla sold 21,900 electric vehicles in China in the first week of December, the highest weekly sales in the ...