The last time I wrote about Adobe Inc. (NASDAQ: ADBE ), I talked about how the company has started to monetize its AI tools and argued why the company is only in the early inningsAssociate 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 more than 5 years of investing experience in the Indian and US equities with a medium to long-term horizon. I also actively research on Behav ...

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 ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Adobe. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Adobe's shares fell after it reported Q3 results.Adobe (ADBE 3.60%) has been a stalwart software company for a long time. It was one of the first to transition to a subscription model, a practice that nearly every software company has adopted. Now, the company finds itself at the crossroads of another monumental shift: generative artificial intelligence (AI).Recently, the stock tumbled about 10% after Adobe reported its latest financial results. So, is Adobe losing the generative AI race? Or is there someth ...

Wall Street is overly focused on the near term, while the long-term outlook for this leader remains strong.The expectations for many artificial intelligence (AI) stocks are extremely high. If an earnings report isn't absolutely perfect, maybe even better than perfect, investors could sell off shares, sending the stock price down.We saw that happen with Nvidia a few weeks ago. Despite strong earnings results, management's positive outlook for the next quarter didn't top the most optimistic expectations from ...

The Vanguard Information Technology ETF is a simple yet effective way to invest in tech stocks.It's been a volatile period for growth stocks, especially tech shares that have seen their valuations put to the test this earnings season.Oracle just hit an all-time high. Nvidia mostly recovered from its sell-off and is now down just 12% from its all-time high. Adobe sold off on earnings but is still up over the last few months. And Salesforce is down around 20% from its all-time high but has also recovered from ...

16 Sep 2024 CMB International Global Markets | Equity Research | Company Update Adobe (ADBE US) Solid 3QFY24 results but soft guidance may weigh on short-term sentiment Adobe announced solid 3QFY24 results, but 4QFY24 guidance was softer than expected: 3QFY24 total revenue was up by 11% YoY to US$5.41bn, in line with consensus estimate; 3QFY24 non-GAAP net income grew by 11% YoY to US$2.08bn, in line with consensus. Digital Media net new ARR was US$504mn in 3QFY24 and c.10% ahead of the company guidance, as ...

NEW YORK, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising--(PR NEWSWIRE)--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Adobe Inc. (“Adobe” or “the Company”) (NASDAQ: ADBE). Investors who purchased Adobe securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/ADBE. Investigation Details On September 12, 2024, Adobe issued a press release reporting financial results for the third ...

Adobe is innovating again, and that's great news for long-term investors.On Sept. 13, Adobe (ADBE -2.86%) stock tumbled 8.5% in response to its third-quarter fiscal 2024 results and weak guidance.Here's why Adobe is a top growth stock to buy now and what to look for from the enterprise software company. Unimpressive growthAdobe reported record third-quarter revenue but guided for just $5.5 billion to $5.55 billion in fourth-quarter fiscal 2024 revenue and non-GAAP (adjusted) earnings per share (EPS) of $4.6 ...

Adobe stands out as a great way to invest in generative AI as it relates to the creative space.Share prices of Adobe (ADBE -2.86%) sold off after the company reported its fiscal 2024 third-quarter results on Sept. 12 and management offered weak guidance for the rest of the year. The stock now trades down by more than 10% year to date compared to an over 14% gain in the tech sector and a 17.8% gain for the Nasdaq Composite.Yet despite some notable challenges that could weigh down the growth stock in the near ...