Adobe Inc ADBE will be reporting its fourth-quarter earnings on Wednesday. Wall Street expects $4.66 in EPS and $5.54 billion in revenues as the company reports after market hours.
The Investment Committee debate the earnings setup on Costco and Adobe.
Adobe Inc. ADBE will release earnings results for its fourth quarter, after the closing bell on Wednesday, Dec. 11.
Adobe (ADBE) had a rocky 2024 after being pinned by competitive pressures and squeezed margins. However, Adam Coons believes the stock "looks attractive" for 2025, as long as it accelerates A.I.
ADBE's fourth-quarter fiscal 2024 results are likely to reflect strong demand for Generative AI solutions amid growing competition and stretched valuation.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Adobe (ADBE) is set to report earnings for the fourth quarter of fiscal 2024 after the bell Wednesday, with analysts expecting higher revenue and profits as Adobe closes its fiscal year.
Adobe's growth deceleration and stagnating margins, coupled with AI uncertainty, make valuation the only path to beating the market. Despite exceeding revenue and EPS estimates, Adobe failed to impress the market lately, as growth has slowed to 10%-11%, justifying a lower multiple. Adobe's unclear AI monetization path, and competition from companies like Canva and Meta challenge its ability to accelerate growth.
Get a deeper insight into the potential performance of Adobe (ADBE) for the quarter ended November 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Adobe (ADBE) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Piper Sandler analyst Brent Bracelin reiterated Adobe Inc ADBE with an Overweight rating and a $635 price target.
Americans spent a record $13.3 billion on Cyber Monday online sales, outpacing Adobe Analytics' original forecast of $13.2 billion. Adobe Digital Insights senior director Taylor Schreiner joins Catalysts Hosts Seana Smith and Madison Mills to break down the data and what it signals about consumer shopping trends.