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2024-06-14 10:36:14 ET Summary Upgraded Adobe Inc. to "Strong Buy" in March 2024, highlighting AI as an ally, not an enemy. Adobe's Q2 FY24 results showed 11% revenue growth, strong AI capabilities in Firefly, and robust capital allocation. Forecasting 11% revenue growth for F...
2024-06-14 09:36:45 ET More on Adobe Adobe: Very Compelling AI Monetization In Q2 (Rating Upgrade) Adobe Q2 Earnings: Picture-Perfect Priced In Adobe Inc. (ADBE) Q2 2024 Earnings Call Transcript Biggest stock movers today: ADBE, RH, and more Adobe soa...
2024-06-14 08:15:03 ET KeyBanc analyst issues UNDERWEIGHT recommendation for ADBE on June 14, 2024 06:27AM ET. The previous analyst recommendation was Underweight. ADBE was trading at $458.74 at issue of the analyst recommendation. The overall analyst consensus : BUY. ...
2024-06-14 08:00:05 ET Michael Turrin from Wells Fargo issued a price target of $700.00 for ADBE on 2024-06-14 06:37:00. The adjusted price target was set to $700.00. At the time of the announcement, ADBE was trading at $458.74. The overall price target consensus is at $...
2024-06-14 07:18:17 ET Summary Adobe reported strong Q2 earnings, beating estimates, and raising future guidance. ADBE's effective AI monetization strategy showcased strong Document Cloud growth, which will continue to accelerate. The Company's focus on integrating AI across i...
2024-06-14 07:15:03 ET Goldman Sachs analyst issues BUY recommendation for ADBE on June 14, 2024 05:13AM ET. The previous analyst recommendation was Buy. ADBE was trading at $458.74 at issue of the analyst recommendation. The overall analyst consensus : BUY. Current ...
2024-06-14 05:05:33 ET More on related stocks: RH (RH) Q1 2024 Earnings Call Transcript Adobe Inc. (ADBE) Q2 2024 Earnings Call Transcript Adobe in charts: Revenue growth continues for both digital media and digital experience segments Vaxart to raise $40M vi...
2024-06-14 05:00:00 ET In this video, I will go over Adobe 's (NASDAQ: ADBE) second-quarter earnings report and explain why the stock is up 15%. *Stock prices used were from the trading day of June 13, 2024. The video was published on June 13, 2024. Continue readin...
2024-06-14 03:43:59 ET Summary Adobe reported Q2 revenue of $5.31 billion, with a 15% year-over-year increase in non-GAAP earnings per share. Adobe stock jumps 15% premarket on a strong outlook. Concerns about AI disrupting Adobe's products. Adobe's growth rates are tepid,...
2024-06-13 20:54:08 ET Adobe Inc. (ADBE) Q2 2024 Earnings Conference Call June 13, 2024 05:00 PM ET Company Participants Jonathan Vaas - VP of IR Shantanu Narayen - Chair & CEO David Wadhwani - President of Digital Media Anil Chakravarthy - President of D...
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2024-07-20 16:14:00 ET Companies at the forefront of artificial intelligence innovations can see rapid swings in their share prices. Stocks can zoom higher on strong earnings, and that momentum can carry the stock for weeks or months. It's extremely tempting to wait for a pullback in the sh...
2024-07-12 06:00:00 ET Artificial intelligence (AI) has been driving a lot of sales growth for businesses. But not every business has been booming. Up until recently, Adobe (NASDAQ: ADBE) had been a laggard among AI stocks. The tech company doesn't make chips, and its ...