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.
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Photoshop maker Adobe forecast fiscal 2025 revenue below Wall Street estimates on Wednesday, suggesting the company's ...
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Adobe Inc. is short on time to persuade investors that it can keep up with artificial intelligence, which is running away as ...
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