Adobe Stock Falls. Why Earnings Were a Mixed Bag.
Shares in the creative software company were sliding Thursday. The economic slowdown could hit its bottom line.
Why Adobe Stock Crashed Today
Not only that, but Adobe reported $2.5 billion in positive free cash flow for the quarter, twice last year's $1.2 billion, and 36% more than reported net income. By these metrics, the quarter looked exceptionally strong, and earnings quality at Adobe was very good.
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.
New Buy Rating for Adobe (ADBE), the Technology Giant
RBC Capital analyst Matthew Swanson maintained a Buy rating on Adobe (ADBE – Research Report) today and set a price target of $530.00. The
Why Adobe (ADBE) Shares Are Getting Obliterated Today
What Happened? Shares of creative software maker Adobe (NASDAQ:ADBE) fell 13.2% in the morning session after the company reported underwhelming fourth-quarter (fiscal Q1 2025) results, as remaining performance obligations (RPO - leading growth indicator) fell short of analysts' estimates.
Adobe Stock Catches a Downgrade. Why Earnings Were a Mixed Bag.
Shares in the creative software company were sliding Thursday. The economic slowdown could hit its bottom line.
Adobe Stock Tumbled on Thursday Despite Record Revenue. Is the AI Growth Stock a Buy Now?
Adobe (NASDAQ: ADBE) fell 13.9% on March 13 in response to its first-quarter fiscal 2025 results and full-year guidance.
Adobe’s stock has been an AI laggard. A ho-hum earnings forecast is adding to its declines.
Adobe Systems Inc. shares fell in after-hours trading Wednesday after disappointing quarterly earnings guidance, amid ...
US Stock Market Today: Dow Jones crashes over 650 pts, Nasdaq below 17,350—Adobe slumps below $380; Amazon, Apple drop 2%
The Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite indices crashed amid a broad-based sell-off on ...
Adobe slides on mixed guidance, but Gen-AI monetization provides upside
Adobe (ADBE) shares slid about 10% during early market action on Thursday, following its latest financial results, but ...
Adobe Analysts Highlight AI Growth, Demand Trends: 'Could Mark An Inflection' In Investor Perception
Adobe analysts come away with positives from the company's Q1 results, including more visibility in AI monetization efforts.