Adobe Stock Rises As Analyst Says Risk-Reward Has Improved

The analysts said the stock valuation now prices in Adobe’s near-term risk of rising competition from creative apps. The firm said the risk/reward ratio has improved.

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Adobe Poised To Lead With Strong Subscriptions, Analyst Says

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Dec 5, 2024 · The cRPO backlog steadily improved to $12.5 billion last quarter, with growth rates rising to 12.2% in the third quarter of 2024 from 10.9% in the second quarter of 2024 and 7.7% …

benzinga.com

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Adobe (NASDAQ:ADBE): Double-Digit Growth To Power The Stock …

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At $380.17, the average Adobe stock forecast suggests a flat share price over the next 12 months. Takeaway: An Investment Case with an Improved Risk-Reward Ratio. Adobe …

tipranks.com

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Analysts Revisit Adobe Stock Price Targets After Q4 Earnings

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Dec 12, 2024 · Related: Analyst resets Broadcom stock price target before earnings Looking into the coming fiscal year, however, Adobe sees overall sales in the region of $23.3 billion to …

yahoo.com

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Adobe Stock (NASDAQ:ADBE): Riding High On AI; Analysts Optimistic

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Jun 22, 2023 · Adobe stock sports a Moderate Buy consensus rating on TipRanks based on 17 Buy and 11 Hold recommendations. Analysts’ average price target of $547.26 implies an …

nasdaq.com

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Adobe Stock (NASDAQ:ADBE): AI Stock In Recovery, But Risks …

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Jun 27, 2024 · Analyst price targets range from a low of $450.00 per share to a high of $703.00 per share.The TakeawayThe recent quarterly earnings beat has ADBE stock on the mend again.

nasdaq.com

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Adobe Stock Pops 15% As Customers Pay Up For Generative AI

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Jun 16, 2024 · Based on 26 Wall Street analysts offering 12-month price targets, Adobe’s stock could rise about 16.7% to the average $613 per share, according to TipRanks. Analysts …

forbes.com

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How Adobe Quieted The Doubters To Send Its Stock Cruising After ...

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Jun 14, 2024 · Shares of Adobe (ADBE) were up 13.9% in premarket trading Friday, which would translate to their best single-day percentage gain since a 17.7% rise seen on March 13, 2020, …

morningstar.com

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These Analysts Are Bullish On Adobe Stock Despite Its

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Sep 13, 2024 · Adobe shares plunged nearly 9% Friday amid concerns about its weaker-than-expected outlook, but analysts were bullish on the stock, suggesting the company's …

investopedia.com

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Here's What Analysts Have To Say Ahead Of Adobe's Q2 Results

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RBC Capital analyst Matthew Hedberg maintained Adobe with an Outperform and cut the price target from $600 to $500. An improved start to the year after a mixed Q4 led to the enhanced …

yahoo.com

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Adobe Stock Jumps 15% After AI-Fueled Earnings Beat

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Jun 14, 2024 · Adobe shares surged nearly 15% in extended trading Thursday after the media software maker released earnings that topped estimates and lifted its full-year guidance. …

investopedia.com

FAQs about Adobe Stock Rises As Analyst Says Risk-Reward Has Improved Coupon?

Could Adobe's Stock go up more?

Adobe’s stock price could go up more. Based on 26 Wall Street analysts offering 12-month price targets, Adobe’s stock could rise about 16.7% to the average $613 per share, according to TipRanks. Analysts expressed mixed views. ...

Will Adobe's Stock rise to $613 per share?

Based on 26 Wall Street analysts offering 12-month price targets, Adobe’s stock could rise about 16.7% to the average $613 per share, according to TipRanks. Analysts expressed mixed views. Analysts at JMP — which has a hold rating on the stock — are concerned about “a challenging economic environment and increased competition in design software.” ...

Should you invest in Adobe (ADBE)?

Number of Hedge Fund Investors: 107 Adobe (NASDAQ:ADBE) is considered among some of the most worthwhile risks among cloud software stocks, according to an extensive report by Piper Sandler. “We recommend large-cap growth investors lean into more risk and add to positions in Big ‘MAC’,” said Piper Sandler analysts, led by Brent Bracelin. ...

Why did Adobe stock drop a lot in December 2024?

Getty is also working on AI capabilities to enhance its offerings. Adobe stock has had a rough past couple of months, falling from levels of over $520 in early December 2024 to $420 now. Much of this can be attributed to a Q4 miss and rising investor concerns about the company’s AI advancements, which seem to not be paying off as anticipated. ...

Does Adobe Stock have a 3% upside potential?

Exane BNP Paribas analysts upgraded Adobe stock to ‘Neutral’ from ‘Underperform,’ with a $425 price target, TheFly reported. The price target suggests the stock has merely 3% upside potential from current levels. The analysts said the stock valuation now prices in Adobe’s near-term risk of rising competition from creative apps. ...

Should you buy Adobe (ADBE) stock?

Adobe stock sports a Moderate Buy consensus rating on TipRanks based on 17 Buy and 11 Hold recommendations. Analysts’ average price target of $547.26 implies an upside potential of 14.61%. Investors should note that Alex Zukin of Wolfe Research is the most accurate analyst for ADBE stock, according to TipRanks. ...