Fool.com contributor Parkev Tatevosian evaluates Adobe (NASDAQ: ADBE) stock for long-term investors. *Stock prices used were the afternoon prices of April 14, 2024. The video was published on April 16, 2024. Continue reading
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When it comes to graphic design, editing videos, or developing websites, Adobe (NASDAQ: ADBE) is the gold standard by a wide margin. The company's software suite spans a variety of creative applications, and has helped Adobe build a formidable economic moat. But as is the case with many large enterprises, ...
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Adobe (NASDAQ: ADBE) and Snowflake (NYSE: SNOW) are both cloud software companies that have been upgrading their ecosystems with new AI features. Adobe, which is best known for its cloud-based digital media software, has been expanding Firefly, a generative AI tool for creating pictures and digital models ...
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When it comes to creative software, Adobe (NASDAQ: ADBE) is the undisputed king. The company offers Photoshop for images, Premiere Pro for videos, Illustrator for graphics, and a slew of other applications.. Adobe's products are so widely used by professionals that competing with the software giant is ...
motleyfoolusx:adbe
I bought a lot of shares of Adobe (NASDAQ: ADBE) throughout the first half of 2022. At the time, I admired the strength of its digital media products, the stickiness of its subscriptions, its stable growth rates, and its reasonable valuations. However, I trimmed my position last August and sold the remaining ...
motleyfoolusx:adbe
Adobe (NASDAQ: ADBE) investors were quick to press the panic button after the company released fiscal 2024 first-quarter results (for the quarter ending March 1, 2024) on March 14, as the company's guidance failed to match Wall Street's expectations. Shares of the company were down 14% in a single session ...
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Nearly a month ago, I published The Latest Thoughts From American Technology Companies On AI (2023 Q4). In it, I shared commentary in earnings conference calls for the fourth quarter of 2023, from the leaders of technology companies that I follow or have a vested interest in, on the topic of AI and how ...
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Despite recently beating Wall Street's expectations in its fiscal 2024 first-quarter earnings report, Adobe (NASDAQ: ADBE) has fallen roughly 12% after guiding for "only" 9% revenue growth at the midpoint of management's guidance for the current quarter. This outlook disappointed investors, leading to ...
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There's no doubt about it: Some artificial intelligence (AI) stocks are just too expensive to buy right now. However, plenty are still fairly priced and look like prime candidates to load up on in March. On my list of best AI stocks to buy in March are Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), UiPath ...
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Adobe's (NASDAQ: ADBE) stock was crushed late last week after earnings -- and for good reason. The company isn't growing rapidly on the back of artificial intelligence, and it looks like shares have been bid up to an unsustainable level. In this video, Travis Hoium covers the multiples and what investors ...
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Adobe (NASDAQ: ADBE) stock sold off on Friday after the software giant reported record revenue but muted Q2 fiscal 2024 guidance. The stock is now down around 20% since Feb. 1 in what has otherwise been a great period for the broader market and for artificial intelligence (AI) fueled growth stocks. Let's ...
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Date: 14 Mar 2024
Price: USD 572.05
Shares: 44
Total: USD 25,168.88
Date: 13 Mar 2024
Price: USD 583.03
Shares: 44
Total: USD 25,652
Shares of Adobe (NASDAQ: ADBE) were falling Friday after the cloud software giant beat estimates for its fiscal first quarter, but issued disappointing guidance for the current quarter, sparking concerns that competition was catching up to it and it was failing to fully capitalize on i opportunities ...
motleyfoolusx:adbe
In this video, I will go over Adobe's (NASDAQ: ADBE) first-quarter earnings report and specific comments made during the earnings call, and I'll explain why the stock is down. *Stock prices used were from the trading day of March 14, 2024. The video was published on March 14, 2024. Continue reading
motleyfoolusx:adbe
Shares of Adobe (NASDAQ: ADBE) 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 ...
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Design software maker Adobe Inc. (NASDAQ: ADBE) on Thursday reported an increase in first-quarter 2024 revenue and earnings. The results also surpassed analysts’ forecasts. First-quarter revenues came in at $5.18 billion, which is up 11% from the year-ago quarter. The top line benefited from strong growth ...
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Design software company Adobe Inc. (NASDAQ: ADBE) will report first-quarter 2024 earnings today after the closing bell. The company is successfully monetizing its artificial intelligence initiatives after integrating the technology across the platform. Listen to Adobe’s Q1 2024 earnings call live and ...
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