Why Analysts Can't Quit Adobe Even After Disappointing Revenue Guidance

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 ...