The last time I wrote about Adobe Inc . (NASDAQ: ADBE ) (NEOE: ADBE:CA ), in September 2024, I analyzed the company’s third quarter results and argued how the company’s Generative Credits can be aAssociate Professor in Finance and Corporate Governance at Brunel University London. I am also a CFA charterholder. In addition, I hold a PhD in Finance from University of Durham, U.K. I have six years of investing experience in the Indian and US equities with a medium to long-term horizon. I also actively research ...

I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the ...

Adobe (NASDAQ: ADBE )(NEOE: ADBE:CA ) was punished after reporting a mixed 4Q FY2024 earnings result, with the stock dropping nearly 13% the next trading day. While I understand the frustration around the weak revenue outlook, I think the market's reactionI'm specialized in fundamental equity research, global macro strategy, and top-down portfolio construction. I graduated from UCLA with a degree of Business Economics and UMich Ross School of Business with a Master of Accounting. I'm a senior analyst at a m ...

13 Dec 2024 CMB International Global Markets | Equity Research | Company Update Adobe (ADBE US) AI adoption on track, but slow pace of monetization impacts sentiment Adobe reported 4QFY24 results: total revenue grew by 11% YoY to US$5.61bn, in line with consensus estimate (US$5.54bn); non-GAAP net income was up by 9% YoY to US$2.13bn, vs. consensus estimate of US$2.08bn. Digital Media net new ARR was up 2% YoY to US$578mn in 4QFY24 (+9% YoY in 3QFY24), which raises investor concern on the deceleration trend ...

Key TakeawaysThe S&P 500 slid 0.5% on Thursday, Dec. 12, 2024, following a report showing hotter-than-expected wholesale inflation data in November.Adobe shares tumbled as lackluster sales guidance provoked uncertainty about the multimedia software maker's traction in the AI market.Shares of Warner Bros. Discovery surged after the media giant outlined plans to separate its linear TV business from its film studio and streaming operations. Major U.S. equities indexes moved lower Thursday after the Producer Pr ...

Analyst’s Disclosure: I/we have a beneficial long position in the shares of ADBE either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any i ...

Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor of the New York Stock Exchange on Feb. 20, 2024.Adobe shares fell 13% on Thursday and headed for their steepest drop since March after the software vendor issued disappointing revenue guidance.Sales in the fiscal first quarter will be between $5.63 billion and $5.68 billion, Adobe said in its fourth-quarter earnings report late Wednesday. Analysts on average were expecting revenue of $5.73 billion, according to LSEG.Analysts at TD ...

Adobe reported 3QFY24 earning results in September, causing a dramatic market reaction to softer-than-expected Q4 guidance, overshadowing a stellar Q3 performance. What do you know? We saw the same thing play out Wednesday afterI’m a retired Wall Street PM specializing in TMT; my educational background is a bachelor's in Finance and Economics, and an MBA from Columbia, after which I directly began my career on Wall Street. Since kickstarting my career, I’ve spent over two decades in the market navigating th ...

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 ...