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S&P 500 and Nasdaq notch record-closing highs, Adobe earnings beat on top and bottom lines
Yahoo Finance· 2025-09-11 21:48
[Music] That's the closing bell on Wall Street and now it's market domination overtime. We're giving you full team coverage of all the moves, get you up to speed on the action from today's trade. Yahoo Finances Jared Blickery and Enz Fay joining us here to break down the moves.Jared, we will start with you on that close. Well, thank you Josh. We have record closes for the Dow, the Nasdaq, and the S&P 500.Let's review the intraday price action after the uh pop near the opening bell. Really didn't do much exc ...
S&P 500 and Nasdaq notch record-closing highs, Adobe earnings beat on top and bottom lines
Youtube· 2025-09-11 21:48
[Music] That's the closing bell on Wall Street and now it's market domination overtime. We're giving you full team coverage of all the moves, get you up to speed on the action from today's trade. Yahoo Finances Jared Blickery and Enz Fay joining us here to break down the moves.Jared, we will start with you on that close. Well, thank you Josh. We have record closes for the Dow, the Nasdaq, and the S&P 500.Let's review the intraday price action after the uh pop near the opening bell. Really didn't do much exc ...
Adobe Says AI Sales Are Coming in Strong. But Will It Lift the Stock?
Yahoo Finance· 2025-09-11 21:29
David Paul Morris / Bloomberg / Getty Images Adobe's stock has had a tough year so far, with shares down more than 20% for 2025 through Thursday's close Adobe (ADBE) just reported record quarterly revenue driven by artificial intelligence gains. Will it revive confidence in the stock? The creative software giant late Thursday posted adjusted earnings per share of $5.31 on revenue that jumped 11% year-over-year to a record $5.99 billion in the fiscal third quarter, above analysts' estimates compiled by Vis ...
Going to take Adobe awhile to get over technology transition to AI, says Oppenheimer's Schwartz
CNBC Television· 2025-09-11 21:13
On the other side of things, shares of Adobe moving higher by 4% on the back of earnings and a revenue beat. The company also guiding slightly above estimates. It's been a rough go for Adobe for a couple years now.Hasn't participated in the AIdriven tech rally. Stocks down 20% this year coming into today's print. Now trades at its lowest valuation in more than a decade.Joining me now is Oenheimer senior analyst Brian Schwarz. Has an outperformed rating on the stock. Brian, this is very different from the cl ...
Going to take Adobe awhile to get over technology transition to AI, says Oppenheimer's Schwartz
Youtube· 2025-09-11 21:13
On the other side of things, shares of Adobe moving higher by 4% on the back of earnings and a revenue beat. The company also guiding slightly above estimates. It's been a rough go for Adobe for a couple years now.Hasn't participated in the AIdriven tech rally. Stocks down 20% this year coming into today's print. Now trades at its lowest valuation in more than a decade.Joining me now is Oenheimer senior analyst Brian Schwarz. Has an outperformed rating on the stock. Brian, this is very different from the cl ...
Adobe shares spike on Q3 revenue beat
Youtube· 2025-09-11 21:07
Core Insights - Adobe's stock increased by approximately 6% following the release of its earnings report, indicating positive market reaction [1] - The company reported an adjusted EPS of $5.31, surpassing the expected EPS of $5.34 [1][3] - Revenue for the quarter was reported at $5.99 billion, exceeding the anticipated $5.91 billion [2] Financial Performance - The Q3 Annual Recurring Revenue (ARR) for Adobe's digital media business, which includes Creative Cloud subscriptions, reached $18.59 billion, slightly above the consensus estimate of $18.56 billion [2] - Guidance for Q4 EPS is projected to be between $5.35 and $5.40, compared to the expected $5.34 [3] - Q4 revenue guidance is also above estimates, ranging from $6.08 billion to $6.13 billion [3] Future Outlook - The full-year 2025 ARR guidance is set at $11.3 billion, which is slightly above the previous outlook of $11 billion [3] - A conference call is scheduled for 5 PM, where further insights from CEO Shantun Orion are anticipated [3]
Adobe shares spike on Q3 revenue beat
CNBC Television· 2025-09-11 21:07
Okay guys, hold tight. Adobe earnings are out and the stock is heading higher by about 6%. Haven't said that in a while.Mackenzie Sagalos with the numbers. Mac, hey John, that 6% bump up coming after a beat across the board. We've got adjusted EPS of $5.31%.518 is what the street had been looking for on revenue coming in at 5.99% billion versus 5.91% billion expected. Uh we've got a Q3 ARR for the digital uh media business. This includes its creative cloud subscriptions that came in at 18.59% billion during ...
Wall Street’s Record Run Continues as Inflation Data Fuels Rate Cut Hopes
Stock Market News· 2025-09-11 21:07
Market Performance - U.S. equities experienced a robust rally on September 11, 2025, with all three major indices closing at record highs, driven by optimism over a potential Federal Reserve interest rate cut [1][2] - The S&P 500 rose 0.9% to approximately 6586 points, marking a 17.69% increase year-over-year [2] - The Dow Jones Industrial Average surged 1.3%, closing above 46,000 for the first time, adding over 500 points [2] - The Nasdaq Composite climbed 0.7%, achieving a new record high, influenced by mixed performances among technology stocks [2] Economic Indicators - The Consumer Price Index (CPI) report for August indicated a headline annual inflation of 2.9% and core inflation steady at 3.1%, with a monthly rise of 0.4% in headline CPI [3] - Initial jobless claims reached a near four-year high, signaling a softening labor market, which reinforced expectations for a Federal Reserve rate cut [3] - Treasury yields eased in response to the economic reports, as traders anticipated the Fed's first rate cut of the year [3] Upcoming Events - The Federal Reserve's meeting on September 17, 2025, is highly anticipated, with expectations for the first interest rate cut of the year [4] - Key economic data releases are scheduled, including the Michigan Consumer Sentiment report and Retail Sales, Industrial Production, and Housing Starts [5] Corporate News - Oracle (ORCL) shares fell 3.6% after a previous surge of nearly 36% due to excitement over AI-related contracts [6] - Tesla (TSLA) gained 6%, while Apple (AAPL) rose over 1%, and Microsoft (MSFT) and Alphabet (GOOGL) saw slight increases [7] - Warner Bros. Discovery (WBD) shares soared 29% following news of a potential takeover bid from Paramount Skydance [8] - Synopsys Inc. (SNPS) plummeted 35.8% after missing earnings estimates, while GameStop Corp. (GME) rose 3.3% after beating expectations [10] Earnings Announcements - Adobe Inc. (ADBE) is expected to report earnings with a forecasted EPS of $4.21, a 10.50% increase year-over-year [11] - Other companies reporting include RH and RF Industries, with RF Industries expected to show a significant 200% increase in EPS year-over-year [11]
Adobe Stock Price Target Cut to $460 by Oppenheimer Ahead of Q3 Earnings
Yahoo Finance· 2025-09-11 21:05
Adobe Inc. (NASDAQ:ADBE) is one of the AI Stocks In The Spotlight For Investors. On September 9, Oppenheimer analyst Brian Schwartz lowered the price target on the stock to $460.00 (from $500.00) while maintaining an Outperform rating. The rating, issued as part of a fiscal Q3 earnings preview, reflects low expectations into the earnings print considering how its valuation has “a lot of bad news.” Nevertheless, Q3 report may not change investor sentiment and that Adobe is unlikely to offer any product or ...
Adobe(ADBE) - 2025 Q3 - Earnings Call Presentation
2025-09-11 21:00
Q3 FY2025 Financial Performance - Adobe achieved a record revenue of $5.99 billion, representing a 10% year-over-year growth[14] - GAAP earnings per share was $4.18, and non-GAAP earnings per share was $5.31, a 14% year-over-year increase[14] - Digital Media segment revenue reached $4.46 billion, up 11% year-over-year[30, 68] - Digital Experience segment revenue was $1.48 billion, a 9% year-over-year increase[49, 68] - Digital Experience subscription revenue totaled $1.37 billion, growing 11% year-over-year[49, 62] AI and Product Innovation - AI-influenced ARR surpassed $5 billion, exceeding initial targets[25, 65] - ARR from new AI-first products like Firefly and Acrobat AI Assistant exceeded the year-end target of $250 million[65] - Acrobat and Express monthly active users grew approximately 25% year-over-year[27, 72] - AEP and Apps ending ARR grew over 40% year-over-year[58, 76] Key Growth Drivers and Metrics - Acrobat AI Assistant units grew over 40% quarter-over-quarter, with engagement increasing nearly 50%[38] - Express adoption increased significantly, with a 4x increase in businesses adding Express compared to the previous year[38, 72] - Firefly App MAU grew 30% quarter-over-quarter, with 29 billion generations[48] - GenStudio components exceeded $1 billion in ARR, growing over 25% year-over-year[22, 85] FY2025 Targets - The company is targeting total revenue of $23.65 to $23.70 billion for FY25[95] - The company is targeting Digital Media segment revenue of $17.56 to $17.59 billion for FY25[95] - The company is targeting Digital Experience segment revenue of $5.84 to $5.86 billion for FY25[95]