Adobe stock sinks
Adobe’s weak forecast stokes fears of AI disruption, sending its stock lower
In terms of fiscal 2025 revenue, Adobe is guiding for a range of $23.3 billion to $23.6 billion, trailing the analyst’s forecast of $23.8 billion. Adobe’s stock was down more than 9% after-hours, completely erasing a slight gain it had made earlier during the regular trading session.
By Siddarth S (Reuters) -Shares of Adobe fell nearly 12% on Thursday after the Photoshop maker's downbeat full-year revenue ...
Adobe ( ADBE -12.68%) stock tumbled 12.4% through 10:30 a.m. ET Thursday despite beating earnings in its fiscal Q4 2024 ...
Adobe’s management team is bullish on the AI opportunity in creative services, but Wall Street is growing impatient on the ...
Over the short-term, investors can expect to see a “dead cat bounce” from the $475 price that is likely to be reversed as ...
Adobe shares fell nearly 13 per cent on Thursday, on track for its biggest daily loss since March, after it forecast a weaker ...
Adobe shares tumbled after the software vendor issued revenue guidance that fell short of analysts’ estimates.
Adobe shares slide on weaker-than-expected guidance for the full year. Adobe stock is now trading at a discount compared to ...
Adobe Inc. is running out of time to show investors it can be a winner in the artificial intelligence era.
Despite strong AI tool adoption, Adobe faces slowing growth and stiff competition. Read more to see why I remain neutral on ...
Adobe has just released the December 2024 update to its popular Camera Raw raw file converter, adding a new tool for easily ...
Adobe has a new experimental Reflection Removal tool that can remove reflections from photographs shot through windows. It's ...
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