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.
AI-driven traffic to U.S. ecommerce sites has been doubling every two months since September, and is generating increased ...
Adobe forecast second-quarter revenue in line with Wall Street expectations on Wednesday, as it grapples with slower ...
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Adobe Systems Inc. shares fell in after-hours trading Wednesday after disappointing quarterly earnings guidance, amid ...
For context, this time last year, in fiscal Q1 2024, Adobe's balance sheet held $3.1 billion of net cash. Today, its net cash ...
Adobe Is One of the Few Tech Stocks That Haven't Sold Off in 2025. But It Has a Lot to Prove on March 12.
Adobe shares tumbled Thursday after the company’s full-year forecast came in lower than expected, but analysts said they're ...
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Adobe Acrobat AI vs ChatGPT: Which is best for contract analysis?According to an Adobe support document, the AI assistant in Acrobat is powered by the GPT-4o model. So, in theory, its ...
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Adobe: More Than Half of Consumers Will Use Gen AI for Shopping This YearAccording to Adobe, about four in 10 consumers have already begun using the technology for making online purchases.
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