Adobe Archives - VectorVest CA

12 12, 2024

Is Adobe (ADBE) a Buy After Weak Guidance and a 10% Drop? Here’s What You Need to Know
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Is Adobe (ADBE) a Buy After Weak Guidance and a 10% Drop? Here’s What You Need to Know

Feature: Stock Market Investing, Featured: News, Stock Market News

Is Adobe (ADBE) a Buy After Weak Guidance and a 10% Drop? Here’s What You Need to Know

By VectorVest|2024-12-12T15:43:52+00:00December 12th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: ADBE, Adobe, Featured, Hot Stocks, Stocks In the News, Tech Stocks|

Adobe Inc. (ADBE) released its fiscal year 2024 fourth-quarter earnings report, exceeding expectations for both revenue and earnings. But while the results impressed on paper, weak forward guidance has taken center stage, rattling investors. Here’s a breakdown of the company’s Q4 performance: Adjusted earnings per share: $4.81 compared to the $4.67 analyst consensus. Revenue: [...]

15 09, 2023

Adobe Drops Despite Earnings Beat as the Clock is Ticking for AI Return: Should Investors be Worried?
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Adobe Drops Despite Earnings Beat as the Clock is Ticking for AI Return: Should Investors be Worried?

Feature: Stock Market Investing, Featured: News, Stock Market News

Adobe Drops Despite Earnings Beat as the Clock is Ticking for AI Return: Should Investors be Worried?

By VectorVest|2023-09-15T18:11:02+00:00September 15th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: ADBE, Adobe, Hot Stock, Hot Stocks, Software—Infrastructure, Tech Stock, Technology|

Shares of Adobe (ADBE) are down nearly 5% in Friday’s trading session after the cloud software firm reported third-quarter earnings. Despite beating the analyst consensus, the substantial investments in AI have yet to pay off. And, the outlook for the final quarter left much to be desired. Revenue for the quarter came in at [...]