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.
Adobe (NASDAQ: ADBE) fell 13.9% on March 13 in response to its first-quarter fiscal 2025 results and full-year guidance.
Adobe shares fell on Thursday as investors fretted over lingering growth concerns and the company’s artificial intelligence ...
In the most recent trading session, Adobe Systems (ADBE) closed at $440.72, indicating a +0.49% shift from the previous trading day.
The software company is able to increase revenue and profits more than expected. But there are concerns about Adobe's AI ...
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks ...
Adobe beat analyst expectations in the first quarter, delivering 10% revenue growth and much improved operating cash-flow generation. With the creative software industry at risk of disruption from ...
Investor's Business Daily on MSN3d
Adobe Stock Falls After Software Firm Gives Mixed Outlook For Current QuarterAdobe beat analyst estimates for its fiscal first quarter but offered mixed guidance for the current period. Adobe stock fell ...
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