At Adobe's share price of $493.10, the company is on track to lose nearly $25 billion in market value if losses hold. The stock has fallen about 8% so far this year, compared with the S&P 500 ...
Adobe shares dropped Thursday after the company’s fiscal fourth-quarter results came with an underwhelming revenue outlook, but analysts still have largely bullish, if tempered, expectations for ...
The general consensus seems to be that AI technology will disrupt Adobe's business model. Especially in Adobe's largest segment, Creative Cloud (i.e. content creation tools). More specifically ...
Shares of Adobe dropped by more than 12% on Thursday, putting the Photoshop maker’s stock on pace for its worst loss in nearly nine months after lowering its revenue forecast for the current ...
Shares in digital media technology company Adobe (NASDAQ: ADBE) fell by 13.8% in December, according to data provided by S&P ...
Adobe shares fell sharply in premarket trading on Thursday after the multimedia software provider issued a weaker-than-expected revenue outlook. Monitor these key post-earnings price levels.
In a report released yesterday, Brent Thill from Jefferies reiterated a Buy rating on Adobe (ADBE – Research Report). The company’s shares ...
Deep discounts motivated holiday shoppers to spend, according to Adobe’s data. For every 1% drop in the typical price, demand ...
Adobe Inc.’s shares fell the most in more than two years after the firm gave a disappointing annual sales outlook, underscoring anxieties that the creative software company may lose business to ...
Adobe shares tumbled after the software vendor issued revenue guidance that fell short of analysts' estimates. Adobe said it expects revenue for the fiscal first quarter of $5.63 billion to $5.68 ...
Adobe uses these non-GAAP measures in order to assess the performance of Adobe's business and for planning and forecasting in subsequent periods. Whenever such a non-GAAP measure is used ...
Analysts also expect to see weakness in Adobe’s creative cloud segment, which houses the AI tools. Sentiment going into the report is mixed, according to analysts at Citigroup Inc. “The core business ...