JHVEPhoto Adobe Inc. (NASDAQ:ADBE) investors received a much-needed respite last week as the creative software company reported its earnings. Adobe's second fiscal-quarter earnings release brushed aside the market's pessimism, as Adobe posted a beat-and-raise quarter. I provided a bullish ADBE update in March 2024, highlighting why pessimism in ADBE could have peaked. However, ADBE buyers were nowhere to be found as the downward volatility continued in earnest. Salesforce's (CRM) disappointing guidance ...

2024 年 06 月 16 日 公司研究 评级：买入 (维持 ) 研究所： 证券分析师： 陈梦竹 S0350521090003 业绩表现稳健[T ，able_T 商itle 业] 化持续推进 AI chenmz@ghzq.com.cn 证券分析师： 张娟娟 S0350523110004 zhangjj02@ghzq.com.cn ——奥多比（ ） 财报点评 ADBE.O FY2024Q2 证券分析师： 罗婉琦 S0350524050002 luowq@ghzq.com.cn 最近一年走势 事件 : Adobe于2024 年6月 13日发布FY2024Q2财报：FY2024Q2公司实 现营业收入53.1亿美元（YoY+10%，QoQ+2%），略超彭博一致预期 0.3%；公司实现净利润15.7亿美元（YoY+21%，QoQ+154%），超过 彭博一致预期2.5%；公司实现经调整净利润20.2亿美元（YoY+13%， QoQ-1%），超过彭博一致预期1.5%。 核心观点 : 相对表现  整体业绩略超预期，全年业绩指引上调：公司FY2024Q2营收及经 表现 1M 3M 12M 调整净利润均略超一致预期，整体业务 ...

Generative artificial intelligence is driving growth now, but is it enough to justify a high stock market valuation?Shares of Adobe (ADBE 14.51%) shot about 14% higher on June 14. Investors were responding to a positive fiscal fourth-quarter earnings report.Adobe's latest round of results suggests the software giant has what it needs to monetize generative artificial intelligence (AI) applications. Nearly all sell-side analysts on Wall Street raised their price target on the stock.Wells Fargo analyst Michae ...

The recent Adobe (ADBE) and Oracle (ORCL) quarterly releases kicked off the 2024 Q2 earnings season. These results from the two Tech players followed quarterly reports from Costco and AutoZone for their respective fiscal quarters ending in May.We and other research organizations engaged in tracking earnings results in real time count such May-quarter results as part of the overall June-quarter or Q2 tally.In fact, by the time the big banks release their quarterly results on July 12th, we will have such Q2 r ...

Key TakeawaysThe S&P 500 posted a minimal loss on Friday, June 14, 2024, settling just below its all-time high after a four-day string of record closes.Shares of cruise operators declined as Bank of America analysts reported a minor drop in pricing for ocean cruises.Adobe shares soared after the media software maker beat estimates and raised its guidance amid strong demand for AI products. Major U.S. equities indexes were mixed and little changed to close out an eventful week for the markets. The most recen ...

Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 20, 2024.Adobe shares surged 15% on Friday, the biggest gain since March 2020, after the software maker reported earnings and revenue that beat analysts' estimates.After the bell on Thursday, Adobe reported earnings per share of $4.48, topping the LSEG consensus estimate of $4.39 per share. Revenue increased 10% from a year earlier to $5.31 billion, exceeding an ...

Adobe Inc. (ADBE) released second-quarter fiscal 2024 non-GAAP earnings of $4.48 per share, beating the Zacks Consensus Estimate by 2.05%. The figure improved 14.6% on a year-over-year basis.Total revenues were $5.31 billion, which beat the Zacks Consensus Estimate of $5.28 billion. The figure rose 10% on a reported basis and 11% on a constant-currency basis from the year-ago quarter.Top-line growth was driven by the strong performances of Adobe Creative Cloud, Document Cloud and Experience Cloud. Accelerat ...

Most of the smoke has cleared for this week. Not only vital Consumer Price Index (CPI) and Producer Price Index (PPI) data and a new Federal Open Market Committee (FOMC) meeting have come and gone, but so have post-earnings season quarterly reports from companies like Broadcom (AVGO) and Adobe (ADBE) . Results have come in about as well as could be reasonably expected, yet we’ve continued the market bifurcation: up on the Nasdaq and (by extension) the S&P 500, down on the Dow and small-cap Russell 2000.The ...

Disillusioned growth investors are starting to get excited.Shares of software company Adobe (ADBE 14.40%) skyrocketed on Friday after the company reported financial results for its fiscal second quarter of 2024. As of 10:30 a.m. ET, Adobe stock was up 14% -- that's a big deal for a company that's valued at well over $200 billion.Beating expectations and calming nervesAdobe generated Q2 revenue of $5.31 billion, which was up 10% year over year. This beat the high end of management's guidance by a hair. And o ...

Loading...Loading...Shares of Adobe Inc ADBEwere climbing in early trading on Friday, with the company reported upbeat quarterly results.The results came amid an exciting earnings season. Here are six analyst takeaways.BMO Capital Markets analyst Keith Bachman maintained an Outperform rating, while raising the price target from $525 to $580.KeyBanc analyst Jackson Ader reiterated an Underweight rating, while lifting the price target from $445 to $450.Bank of America Securities analyst Brad Sills reaffirmed ...