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Why Adobe Stock Is Down After Its Earnings Beat - MSNAdobe stock is lower Thursday despite the tech giant beating expectations for its fiscal 2024 ... AI innovation and massive cross-cloud opportunity position us well for 2025 and beyond," said ...
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Adobe stock price recoiled in 2024: will it rebound in 2025? - MSNAdobe will cross the $25 billion revenue figure in 2026, when it is expected to make $25.9 billion. ... Adobe stock will then rebound in 2025 since all it needs is to report a strong quarter.
Adobe's integrated AI ecosystem and enterprise tools make it a strong buy. Read more on ADBE stock's undervaluation and ...
Fair Value Estimate for Adobe. With its 3-star rating, we believe Adobe’s stock is fairly valued compared with our long-term fair value estimate.
Adobe expects its fiscal 2025 adjusted earnings to be in the range of $20.20 and $20.50 per share, which is below the street estimates of $20.52 per share. What Does This Mean For ADBE Stock?
ADBE Price Action: Adobe stock closed 0.3% lower at $433.66 on Tuesday versus a 52-week trading range of $403.75 to $587.75. Adobe stock is nearly flat year-to-date with shares down 0.4%.
After the market closed on December 15, Adobe stock rose 5.7% after the Nasdaq lost 3.2% of its value following the Fed’s December 14 hawkish interest rate forecast.The pop in Adobe’s stock ...
Adobe's stock has seen a 22.7% CAGR over the last decade and 17.6% in a 30-year period. ... Still, Adobe seems likely to cross the trillion-dollar line by 2035. In fact, ...
Adobe stock is lower Thursday despite the tech giant beating expectations for its fiscal 2024 ... AI innovation and massive cross-cloud opportunity position us well for 2025 and beyond," said ...
Adobe ADBE released its third-quarter earnings report on Sept. 14, 2023, after the market close. Here’s Morningstar’s take on Adobe’s earnings and stock. Key Morningstar Metrics for Adobe ...
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