Core Insights - Adobe is facing significant challenges, with its stock down 21% this year and nearly 40% over the last 12 months, leading to heightened scrutiny ahead of its second quarter earnings report [1][2][3] Financial Performance - Analysts expect Adobe's adjusted EPS to be around $5.17 per share, with revenue projected at $5.9 billion [1] - The stock has experienced a long downward trend since the last earnings event on December 11, indicating a bearish sentiment in the market [3][5] Technical Analysis - The stock is currently testing a triple bottom support level around $332, which has been a significant area of support in recent sessions [4][6] - The expected price movement for Adobe's stock is estimated to be within a range of plus or minus 3.6% around the current price [7] Options Market Insights - The options market is pricing in a potential move of approximately 9%, equating to over $32, in either direction following the earnings report [9] - Implied volatility for Adobe is at its highest level in the past 52 weeks, presenting opportunities for strategies that capitalize on this elevated volatility [10] Trading Strategy - A suggested trading strategy involves a short put vertical, selling a 330 strike put and buying a 320 put, which could yield a credit of approximately $250 with a risk of $750 [12][13] - This strategy is based on the assumption that the stock will remain above the 330 support level, with a high probability of success if the stock either rises or stays stable [13][14]

上周，Adobe收购未果的设计软件公司Figma(FIG.US)因业绩指引逊于预期导致股价暴跌;而另一家同样 面临AI颠覆风险的传统软件企业赛富时(CRM.US)也发布了不及预期的财报。这些案例均表明，即便估 值低廉且拥有AI战略的企业同样举步维艰。 "说Adobe'行将衰落'或许有些言过其实，但证明自身价值的责任在于企业自身，"Aptus Capital Advisors 投资经理David Wagner表示，"Adobe需要证明自己具备竞争力和创新能力，而做到这一点的唯一途径， 是实现持续增长——不仅是本季度，更是未来数年。但目前很难看出该公司能如何实现这一目标。" 对于在人工智能(AI)热潮中目睹Adobe(ADBE.US)股价掉队的投资者而言，这家软件巨头的最新季度财 报或许依然难以为市场注入信心。 华尔街预计，Adobe全年营收增长率将接近10%——这一增速虽表现稳健，却将是该公司十余年来的最 低水平。分析师预测其增长疲势将延续至2028财年;而与此同时，预期未来几年将实现加速增长的甲骨 文(ORCL.US)等AI领域"明确赢家"，正成为投资者追捧的对象。 Adobe面临的核心挑战在于，全球AI应用 ...

Investors who have watched shares in Adobe get left behind in the AI craze have little reason for optimism ahead of the software maker’s latest quarterly results https://t.co/oKLsLf4wQQ ...

格隆汇9月11日｜花旗集团将ADOBE目标价从450美元下调至400美元。 ...

Core Viewpoint - Adobe has launched its first suite of AI agents aimed at streamlining workflows for customers across various applications, contributing to a positive market reaction with a pre-market stock increase of over 2.8% to $360 [1] Group 1: Product Launch - Adobe introduced a general version of its AI agent product suite, initially unveiled at the Adobe Summit in March [1] - The AI agents are designed to automate tasks related to customer experience, including website optimization, content creation, and audience targeting [1] Group 2: Financial Expectations - Adobe is set to announce its Q3 fiscal year 2025 earnings after the market closes on Thursday [1] - Market expectations for quarterly revenue are approximately $5.9 billion, reflecting a year-over-year growth of over 9% [1] - Expected earnings per share are $4.04, indicating a year-over-year increase of about 7.5% [1]

The CNN Money Fear and Greed index showed some decline in the overall market sentiment, while the index remained in the “Neutral” zone on Wednesday.U.S. stocks settled mixed on Wednesday, with the Dow Jones index falling more than 200 points during the session. The S&P 500, however, surged to new highs following data on wholesale prices.The Producer Price Index slipped 0.1% in August, defying expectations for a 0.3% increase. Wholesale inflation slowed sharply every year as well, falling from 3.3% to 2.6%.A ...

Earnings Reports - Kroger Co. is expected to report quarterly earnings of $0.99 per share on revenue of $34.10 billion [2] - Aviat Networks Inc. reported quarterly earnings of $0.83 per share, exceeding the analyst consensus estimate of $0.47 per share, with quarterly sales of $115.340 million, surpassing the estimate of $114.667 million [2] - RH is anticipated to post quarterly earnings of $3.20 per share on revenue of $904.64 million [2] - Oxford Industries Inc. reported quarterly earnings of $1.26 per share, beating the estimate of $1.18, but quarterly revenue of $403.14 million fell short of the consensus estimate of $410.850 million [2] - Adobe Inc. is expected to report quarterly earnings of $5.18 per share on revenue of $5.91 billion [2] Stock Performance - Kroger shares increased by 0.7% to $67.51 in after-hours trading [2] - Aviat Networks shares rose by 4.7% to $23.75 in after-hours trading [2] - RH shares gained 0.4% to $229.90 in after-hours trading [2] - Oxford Industries shares jumped 16.7% to $47.16 in after-hours trading [2] - Adobe shares increased by 0.4% to $351.45 in after-hours trading [2]

Core Insights - Adobe has launched a series of AI agents aimed at helping clients streamline workflows across various applications, officially available to the public starting today [1] - Concerns from investors regarding AI tools threatening Adobe's market share have been addressed as Adobe integrates AI-driven tools like Firefly into its products [1] - The new AI agents are designed to assist users in building audiences, orchestrating marketing campaigns, conducting creative experiments, gaining data insights, optimizing websites, and improving customer support [1] Partnerships - Adobe has announced new partnerships with Cognizant, Google Cloud, Havas, Medallia, and Omnicom to enhance its AI agent capabilities [2]

Core Insights - Adobe Inc. is recognized as a significant player in the AI sector, with a Buy rating and a price target of $480.00 from Stifel analyst Parker Lane, despite investor concerns regarding competition from generative AI models [1][3] - The Creative Cloud segment is reportedly ahead in adopting generative AI tools, with all surveyed customers utilizing Adobe's Firefly AI technology, indicating strong market positioning [2][3] Group 1: Competitive Landscape - Investor concerns have been raised about Adobe's competitive moat as disruptive generative AI models emerge [1] - Stifel acknowledges fears surrounding competition and the future state of Creative teams, which remain a top concern for investors [3] Group 2: Customer Insights - Feedback from five Creative Cloud customers indicates that leading brands are effectively navigating the evolving digital media environment, leveraging Adobe's AI tools [2][3] - The Creative space is perceived to be further along in the adoption of generative AI tools compared to other markets, highlighting Adobe's leadership in this area [2][3] Group 3: Market Outlook - Despite the current depressed performance of Adobe shares relative to the 2025 outlook, there is a favorable near-term risk/reward scenario for investors [3] - The report suggests that while Adobe has potential as an investment, other AI stocks may offer greater upside potential with less downside risk [4]

Core Insights - Adobe's stock price has significantly declined in recent months due to increasing competition in its business sector [1] - The stock reached a low of $331 in August, representing a drop of over 44% from its peak level in 2024 [1]