Adobe Inc. (ADBE)
Adobe Q4 Earnings: Why This Stock Leaves Me Unsold
Adobe's stock, priced at 27x forward free cash flow, is fairly valued but lacks compelling growth, making it a less attractive investment. Despite strong AI tool adoption, Adobe faces slowing growth and stiff competition from Canva, Microsoft, Salesforce, and others. Heavy reliance on stock buybacks for shareholder returns raises concerns about capital allocation and future performance.
Adobe Inc. (ADBE) Q4 2024 Earnings Call Transcript
Adobe Inc. (NASDAQ:ADBE ) Q4 2024 Earnings Conference Call December 11, 2024 5:00 PM ET Company Participants Steve Day - SVP, DX CFO & Corporate Finance, Interim Head of IR Shantanu Narayen - Chair & CEO David Wadhwani - President, Digital Media Business Anil Chakravarthy - President, Digital Experience Business Dan Durn - EVP & CFO Conference Call Participants Michael Turrin - Wells Fargo Alex Zukin - Wolfe Research Kirk Materne - Evercore ISI Keith Weiss - Morgan Stanley Keith Bachman - BMO Brad Sills - Bank of America Jay Vleeschhouwer - Griffin Securities Operator Good day, and welcome to the Q4 and FY ‘24 Adobe Earnings Conference Call. Today's conference is being recorded.
Adobe Takes Another Step in AI Push With Video Generation Tools
Adobe is expanding its artificial intelligence (AI) strategy with new premium video generation capabilities as the company builds on the success of its Firefly AI platform, which the company said has generated more than 16 billion pieces of content since launch. During its fourth-quarter earnings call on Wednesday (Dec.
Here's What Key Metrics Tell Us About Adobe (ADBE) Q4 Earnings
Although the revenue and EPS for Adobe (ADBE) give a sense of how its business performed in the quarter ended November 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Adobe Systems (ADBE) Q4 Earnings and Revenues Beat Estimates
Adobe Systems (ADBE) came out with quarterly earnings of $4.81 per share, beating the Zacks Consensus Estimate of $4.66 per share. This compares to earnings of $4.27 per share a year ago.
Adobe Stock Drops as Revenue Forecast Disappoints
Adobe (ADBE) issued a revenue outlook that came in below analysts' expectations, sending shares lower in extended trading Wednesday.
2024 was a great year, strong close to Q4, says Adobe CEO Shantanu Narayen
Shantanu Narayen, Adobe chairman & CEO, joins 'Closing Bell Overtime' to talk Adobe's Q4 results ahead of the earnings call.
Adobe sees record Q4 revenue but shares slide on cautious outlook
Adobe Inc (NASDAQ:ADBE) reported record fourth-quarter results for fiscal 2024, delivering strong revenue growth and exceeding Wall Street expectations, but shares fell about 8% in after-hours trading as the company issued a fiscal 2025 revenue forecast below analyst estimates. Revenue for the quarter rose 11% year-over-year to $5.6 billion, beating consensus estimates by $70 million, while non-GAAP earnings per share were $4.81, surpassing expectations by $0.14.
Adobe disappoints investors in this crucial metric, and shares fall nearly 9%
A weaker outlook clouded an otherwise OK quarter for the software company amid rising competition in AI.
Adobe Earnings Results | Closing Bell
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Adobe forecasts annual revenue below estimates
Photoshop maker Adobe forecast annual revenue below Wall Street estimates on Wednesday, indicating the company's investments to weave AI into its software applications were taking longer to bear fruit.
Adobe Stock Drops On Disappointing 2025 Outlook
Adobe handily beat Wall Street's targets for its fiscal fourth quarter. But its sales and earnings guidance for 2025 was below views.
