Adobe Shares Sink Despite Record Revenue. Should Investors Buy …

Dec 15, 2024 · Despite posting record revenue to close out its fiscal year ended Nov. 29, shares of Adobe (ADBE 0.03%) were sinking as investors were disappointed with the company's guidance.

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Adobe Shares Sink Despite Record Revenue. Should Investors Buy …

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Dec 15, 2024 · Despite posting record revenue to close out its fiscal year ended Nov. 29, shares of Adobe (ADBE 0.03%) were sinking as investors were disappointed with the company's guidance.

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Adobe Shares Drop Despite Record Revenue - Forbes

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Dec 12, 2024 · The company on Wednesday reported fourth-quarter revenue of $5.61 billion—a quarterly record for Adobe, CEO Shantanu Narayen said—and adjusted earnings of $4.81 a …

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Why Adobe Stock Crashed 12% After Earnings | The Motley Fool

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Dec 12, 2024 · In fact, Adobe earned $4.81 per share, and its sales exceeded $5.6 billion. ... Adobe Shares Sink Despite Record Revenue. Should Investors Buy the Stock on the Dip? 865%.

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Adobe Shares Sink Despite Record Revenue. Should Investors Buy …

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Dec 16, 2024 · Despite posting record revenue to close out its fiscal year ended Nov. 29, shares of Adobe (ADBE -1.88%) were sinking as investors were disappointed with the company's …

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Adobe Shares Plummet 12% After Lowering Outlook—Despite …

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Dec 12, 2024 · Shares of Adobe dropped by more than 12% on Thursday, putting the Photoshop maker's stock on pace for its worst loss in nearly nine months after lowering its revenue …

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Why Adobe Stock Is Down So Much Today | The Motley Fool

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Sep 13, 2024 · After the closing bell Thursday, Adobe (ADBE-3.26%) ... Adobe Shares Sink Despite Record Revenue. Should Investors Buy the Stock on the Dip? 865%. Premium …

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Adobe Shares Plunge As Lowered Revenue Forecast Spooks …

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Shares of Adobe dropped by more than 12% on Thursday, putting the Photoshop maker’s stock on pace for its worst loss in nearly nine months after lowering its revenue forecast for the …

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Down Over 13% In A Single Day, Is This Megacap Growth Stock …

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Dec 17, 2024 · For context, Adobe grew revenue by 11% and non-GAAP EPS by 15% in fiscal 2024 versus fiscal 2023. So the growth rate remains roughly the same. ... Adobe Shares Sink …

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Adobe Drops 10% On Disappointing Guidance Despite Q4 …

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Dec 17, 2021 · The company reported adjusted earnings of $2.81 per share in the same quarter last year. Record total revenue of $4.11 billion grew 20% year-over-year and topped analysts’ …

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Adobe Shares Sink Despite Record Revenue. Should Investors Buy …

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Despite posting record revenue to close out its fiscal year ended Nov. 29, shares of Adobe (ADBE -1.88%) were sinking as investors were disappointed with the company's guidance. Adobe has …

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Down 19% Year To Date, Should You Buy This AI Growth Stock?

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Oct 30, 2024 · Adobe has been one of the worst-performing, megacap tech stocks year to date. ... Adobe Shares Sink Despite Record Revenue. Should Investors Buy the Stock on the Dip? …

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FAQs about Adobe Shares Sink Despite Record Revenue. Should Investors Buy … Coupon?

Why are Adobe shares sinking?

Despite posting record revenue to close out its fiscal year ended Nov. 29, shares of Adobe(NASDAQ: ADBE) were sinking as investors were disappointed with the company's guidance. ...

Should investors buy Adobe shares despite record revenue?

Adobe Shares Sink Despite Record Revenue. Should Investors Buy the Stock on the Dip? Adobe shares sank as investors were disappointed in the company's guidance. The stock is growing revenue solidly, but investors want to see its AI innovation lead to faster growth. ...

Why did Adobe Stock sell off?

Share prices of Adobe (ADBE -0.72%) 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. ...

Did Adobe's guidance disappoint investors?

While the quarter itself was solid, what disappointed investors was Adobe's guidance. For the fiscal year 2025, the company projected revenue of between $23.30 billion to $23.55 billion, representing growth of between 8% to 9%. That was below the analyst consensus, as compiled by LSEG, looking for revenue of $23.78 billion. ...

Why did Adobe Stock fall 102%?

Shares of Adobe (NASDAQ: ADBE) plunged 10.2% to close at $566.09 on Thursday after the American multinational computer software company provided disappointing Fiscal Q1 and Fiscal 2022 guidance. Meanwhile, the company reported upbeat Fiscal fourth-quarter 2021 (ended December 3) revenue results. ...

Why did Adobe stock drop 11%?

Shares of Adobe (ADBE -0.45%) declined 11% in Thursday's after-hours trading following the software-as-a-service (SaaS) company's release of its report for the first quarter of fiscal 2024 (ended March 1). The stock's drop is largely attributable to revenue guidance for the second quarter coming in lighter than Wall Street had expected. ...