Adobe

Adobe, Inc. (NASDAQ:ADBE) engages in the provision of digital marketing and media solutions. It operates through the following segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers creative cloud services, which allow members to download and install the latest versions of products, such as Adobe Photoshop, Adobe Illustrator, Adobe Premiere Pro, Adobe Photoshop Lightroom and Adobe InDesign, as well as utilize other tools, such as Adobe Acrobat. The Digital Experience segment provides solutions, including analytics, social marketing, targeting, media optimization, digital experience management, and cross-channel campaign management, as well as premium video delivery and monetization. The Publishing and Advertising segment includes legacy products and services for eLearning solutions, technical document publishing, web application development, and high-end printing. The company was founded by Charles M. Geschke and John E. Warnock in December 1982 and is headquartered in San Jose, CA.

DA Davidson maintains Adobe’s (NASDAQ:ADBE) neutral rating and $350 price target

/ / Technology / ,

DA Davidson analyst Gil Luria maintains a neutral rating on Adobe (NASDAQ:ADBE) and a $350 price target. The analyst told investors in a research note that the company is ready for slower growth in the software market in 2023 and that the acquisition of Figma represents a good strategic fit; Despite the limited upside in the guidance, there is some ongoing uncertainty surrounding the Figma trade.

DA Davidson maintains Adobe’s (NASDAQ:ADBE) neutral rating and $350 price target Read Post »

Adobe(NASDAQ:ADBE) Q1 2023 sales of $4.66 billion , up 9% year-over-year

/ / Technology /

March 15, 2023 — Adobe(NASDAQ:ADBE) today reported financial results for its first quarter fiscal year 2023 ended March 3, 2023. Adobe(NASDAQ:ADBE) Guides For Q2 EPS of $3.75-$3.80 on Revenue of $4.75-$4.78 Billion, vs CIQ Analyst Consensus of $3.76/Share on Revenue of $4.76 Billion. Adobe (NASDAQ:ADBE) reported quarterly earnings of $3.80 per share which beat the analyst consensus estimate of $3.68 by 3.26 percent. The company reported quarterly sales of $4.66 billion which beat the analyst consensus estimate of $4.62 billion by 0.76 percent.  First Quarter Fiscal Year 2023 Financial Highlights Adobe achieved revenue of $4.66 billion in its first quarter of fiscal year 2023, which represents 9 percent year-over-year growth or 13 percent in constant currency. Diluted earnings per share was $2.71 on a GAAP basis and $3.80 on a non-GAAP basis. GAAP operating income in the first quarter was $1.59 billion and non-GAAP operating income was $2.13 billion. GAAP

Adobe(NASDAQ:ADBE) Q1 2023 sales of $4.66 billion , up 9% year-over-year Read Post »

Adobe Inc.(NASDAQ:ADBE)Stock price trend forecast and trading range -2023.1.6

/ / Technology /

Adobe Inc.(NASDAQ:ADBE) Stock price trend forecast and trading range: Updated to: 2023.1.6 (Note: The upper red line in the picture is the resistance, and the lower red line is the support) Analysis from stock chart —————————————————————- Short-term trend: the risk of stock price decline is high Sell high and buy low of range : none Support: $320 resistance: $350 Stop Loss Price: $320 price target: none Buy the position again: stop fall and rise to $320 Medium-term trend: the risk of stock price decline is high High sell low buy range: none Support: $320 resistance: $350 Stop Loss price: $320 price target: none Buy the position again: stop fall and rise to $320 Long-term trend: the risk of stock price decline is high High sell low buy of range: none Support : $310 resistance: $350 Stop Loss price: $310 price target : none Buy the position again: stop fall and

Adobe Inc.(NASDAQ:ADBE)Stock price trend forecast and trading range -2023.1.6 Read Post »

Scroll to Top