Adobe Inc. (ADBE)
Adobe Stock Is a Better AI Play Than Oracle, Salesforce. The Case to Buy.
Software companies with strong enterprise relationships and scale could get ahead and gain market share, D.A. Davidson analyst Gil Luria says.
Britons spent $4.6 bln online over Black Friday/Cyber Monday period, says Adobe
British shoppers spent 3.63 billion pounds ($4.6 billion) online over the Black Friday/Cyber Monday (Nov. 29-Dec. 2) period, a 5.2% increase year-on-year, according to data from Adobe Analytics published on Tuesday.
Adobe: Valuation Stretches As Growth Moderates
Adobe's Q3/24 results show solid performance, with 10.6% YoY revenue growth and 23.3% YoY increase in diluted net income per share. Despite high growth rates, Adobe's stock remains a "Hold" due to its current overvaluation and slowing growth projections. Adobe's economic moat, driven by brand strength and high switching costs, supports stable revenue growth and pricing power.
Adobe: Upgrading Into Earnings, Eyes On Firefly, Mixed Chart
Software stocks have sprung back to life in H2 2024, outperforming semiconductor stocks amid solid earnings and AI integration. Adobe's Q3 results beat expectations, but soft guidance led to a stock dip; Firefly AI platform shows promise. Despite mixed valuation metrics, Adobe's PEG ratio suggests undervaluation; key risks include competition and macroeconomic downturns.
Adobe Systems (ADBE) Rises Yet Lags Behind Market: Some Facts Worth Knowing
The latest trading day saw Adobe Systems (ADBE) settling at $516.20, representing a +0.05% change from its previous close.
Adobe: Not Worth Its Premium Anymore (Rating Downgrade)
Despite Adobe's vast software suite and successful SaaS model, its growth has stagnated, leading me to downgrade the stock to neutral. Adobe's AI launch, Firefly, has not accelerated growth as expected, raising concerns about its ability to compete in the AI-driven market. Macroeconomic pressures and potential AI competition threaten Adobe's market share, particularly among individual and small business customers.
Cyber Monday sales expected to reach record $13.2B: Adobe
Cyber Weekend sales have transitioned into Cyber Monday, with Adobe Analytics expecting consumers to spend as much as $13.2 billion on this day alone after spending $10.8 billion on Black Friday. This year's total Cyber Week sales are currently expected to cross over $40 billion.
Adobe stock price triangle pattern points to big moves ahead
Adobe stock price has been a top laggard this year as the company became a top laggard in the artificial intelligence (AI) industry. The ADBE share price was trading at $520 after falling by 13% this year.
Online Black Friday spending is on track to break a record this year, despite inflation
Adobe reports record $7.9 billion in online spending on Black Friday so far, up 8.2% from 2023. Adobe expects final online Black Friday numbers to be between $10.7 and $11 billion.
Adobe Systems (ADBE) Outperforms Broader Market: What You Need to Know
The latest trading day saw Adobe Systems (ADBE) settling at $518.73, representing a +1.28% change from its previous close.
Investors Heavily Search Adobe Inc. (ADBE): Here is What You Need to Know
Adobe (ADBE) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Wall Street Analysts Think Adobe (ADBE) Is a Good Investment: Is It?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
