Key TakeawaysAdobe stock tumbled Thursday after the company issued a fiscal 2025 revenue outlook below analysts' expectations.Analysts lowered their Adobe price targets but maintained "buy" ratings on optimism for the company's generative AI monetization.Adobe said it plans to introduce a higher-priced version of its generative AI toolset, Firefly. Adobe (ADBE) shares dropped Thursday after the company’s results the day before came with an underwhelming revenue outlook, but analysts still have largely bulli ...

U.S. stocks traded lower midway through trading, with the Dow Jones index falling by 0.2% on Thursday.The Dow traded down 0.18% to 44,067.70 while the NASDAQ fell 0.33% to 19,969.33. The S&P 500 also fell, dropping, 0.24% to 6,069.33.Check This Out: Jim Cramer Says ‘Keep Owning’ This Energy Stock, Abbott Laboratories ‘Legal Stuff’ Is Behind ThemLeading and Lagging SectorsReal estate shares jumped by 0.7% on Thursday.In trading on Thursday, energy shares fell by 0.6%.Top HeadlineAdobe Inc. ADBE shares fell a ...

Core Insights - Adobe's stock fell 12.4% despite beating earnings expectations for fiscal Q4 2024, with actual earnings of $4.81 per share and sales exceeding $5.6 billion [1][2] - The company reported an 11% year-over-year sales growth, marking fiscal 2024 as a record year, but the reported profit was a non-GAAP figure, with GAAP earnings at $3.79 per share [2][3] - Adobe's quarterly profit increased by 17%, leading to a full-year net income of $12.36 per share, reflecting a 4.6% growth year-over-year [3] Financial Performance - Adobe generated quarterly free cash flow of $2.9 billion, an 85% increase year-over-year, and a total of $7.9 billion in positive free cash flow for fiscal 2024, representing a 14% growth [3] - The company's cash profit was 46% higher than the reported net income of $5.4 billion for fiscal 2024, resulting in a price-to-earnings ratio of 39.3x and a price-to-free cash flow ratio of 26.9 [4] Investment Considerations - The earnings growth was described as anemic, with a P/FCF/growth ratio of 1.9, which is considered high for calling the stock "cheap" [5] - Despite the high valuation metrics, Adobe appears to be a relatively better option compared to other tech stocks in an overpriced market [5]

In today's video, I will cover Adobe's (ADBE -12.84%) fourth-quarter results and explain why the stock is dropping. Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Dec. 11, 2024. The video was published on Dec. 11, 2024. ...

Shares of Adobe Inc ADBE tanked in early trading on Thursday, despite the company reporting upbeat fiscal fourth-quarter results.The company reported its results amid an exciting earnings season. Here are some key analyst takeaways.Piper Sandler On AdobeAnalyst Brent Bracelin reiterated an Overweight rating, while reducing the price target from $635 to $600.Adobe reported "solid" results for its fiscal fourth quarter, with revenues beating consensus by $81 million, Bracelin said in a note. Subscription reve ...

Core Insights - Adobe Inc's shares have dropped 12.8% to $479.45 following disappointing full-year and fiscal first-quarter forecasts, despite better-than-expected fiscal fourth-quarter earnings and revenue [1] - TD Cowen downgraded Adobe's stock from "buy" to "hold" and reduced its price target from $625 to $550, with other analysts also cutting their price objectives [1] Stock Performance - The current bear gap indicates that Adobe is facing its worst single-day percentage loss since its March earnings report, although the $475 level is providing some support against further losses [2] - Adobe's stock has a year-to-date deficit of 20%, and it has broken below all daily moving averages between the key 20- and 320-day trendlines [3] Options Activity - In the options market, 83,000 calls and 67,000 puts have been exchanged, which is 10 times Adobe's average daily options volume, with the weekly 12/13 480-strike put being the most popular contract [4] - Prior to the recent event, calls were also popular, as indicated by a 50-day call/put volume ratio of 1.68, which is higher than all other readings from the past year [4]

ToplineShares of Adobe dropped by more than 12% on Thursday, putting the Photoshop maker’s stock on pace for its worst loss in nearly nine months after lowering its revenue forecast for the current fiscal year, despite reporting record revenue and earnings that beat out Wall Street’s expectations.The Photoshop maker’s stock has underperformed this year as it forecasts slower revenue growth, even ... [+] as the company exceeds Wall Street’s estimates.SOPA Images/LightRocket via Getty Images Key FactsAdobe’s ...

Adobe (ADBE) reported fourth-quarter fiscal 2024 non-GAAP earnings of $4.81 per share, beating the Zacks Consensus Estimate by 3.22%. The figure improved 12.6% on a year-over-year basis.ADBE’s earnings beat the Zacks Consensus Estimate in all the trailing four quarters, the average earnings surprise being 2.59%.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Total revenues were $5.61 billion, which beat the consensus mark by 1.24% and increased 11.1% year over year, both on a reported ...

Key TakeawaysAdobe shares fell sharply in premarket trading on Thursday after the multimedia software provider issued a weaker-than-expected revenue outlook.The stock has traded higher within a rising wedge, mimicking a similar pattern that formed on the chart between July and September.Investors should watch crucial support levels on Adobe's chart around $500, $475, and $440, while also monitoring important overhead areas near $565 and $635. Adobe (ADBE) shares fell sharply in premarket trading on Thursday ...

Michael Wiggins De Oliveira is an inflection investor. This means buying into cheap companies at the moment when their narrative is changing and the business is on a path toward becoming significantly more profitable over the next year.With a focus on tech and “the Great Energy Transition (including uranium)”, Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outsta ...