Adobe Systems Stock News

AI isn't driving growth, and that's bad news for Adobe's stock.

The GARP strategy helps investors gain exposure to stocks that have impressive prospects and are trading at a discount. CSL, MSFT, GWW and ADBE are some stocks that hold promise.

Some stars are brighter than others in the vast universe of the stock market, offering investors a trip through constellations of unheard-of growth and astronomical profits. Here is the trinity — a

Adobe's stock (NASDAQ NDAQ : ADBE DBE ) has lost 17% in 2024 as compared to the 7% rise in the S&P500 index over the same period. Further, the stock price dropped 13.7% on Friday vs a 0.7% gain in the

The heavy selling pressure might have exhausted for Adobe (ADBE) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in r

Amid an elevated backlog, SONY has reportedly stopped the production of its PlayStation VR2 headsets for the time being.

Adobe's latest earnings report exceeded Wall Street's expectations. But its guidance for the first quarter fell short of analysts' estimates.

Some great tech stocks have experienced significant drops, but this may be part of a sideways correction process. Adobe, MongoDB, Snowflake, and SentinelOne are tech stocks that have the potential for

Adobe's record quarterly earnings were overshadowed by a weak forecast. The company is rapidly developing AI tools and showing signs of success.

Adobe Inc (NASDAQ: ADBE), the creative software giant, saw a significant drop in its stock value by over 13% on Friday following the release of its financial results for the first quarter of 2024.

Previous assessment: Initially rated Adobe as a "hold" due to fair valuation at $595.7 and potential annual returns of 14-15%, based on Q3 2023 data. Recent stock performance: The stock fell post Q1 2

Q1 earnings are expected to be up +2.1% from the same period last year on +3.4% higher revenues, with the Technology sector again playing a big role in keeping the overall earnings picture positive.

Adobe (ADBE) plunges after earnings. Its adjusted EPS came in at $4.48 versus an estimated $4.38 and revenue came in at $5.18B versus an estimated $5.13B.

Adobe fell hard after earnings and the weakness might not be done. But we can still profit using options.

Adobe's stock continued to struggle and is having its worse day since September 2022 despite record first quarter revenue. #adobe #adbe #cloudcomputing #tech #investing #stocks