Company Of The Day: Adobe

+30.35%
Upside
409
Market
533
Trefis
ADBE: Adobe logo
ADBE
Adobe

What?

Adobe (NASDAQ:ADBE) has guided for revenues of $4.23 billion for Q1 FY’22, slightly below consensus estimates. The company’s full-year guidance for FY’22 was also lighter than expected at about $17.90 billion.

Why?

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The light guidance was partly due to a strengthening U.S. dollar, which could be weighing on the company which derives close to half its revenue from overseas.

So What?

Adobe stock declined by almost 10% in Thursday’s trading.

See Our Complete Analysis For Adobe

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.

 Returns Dec 2021
MTD [1]
2021
YTD [1]
2017-21
Total [2]
 ADBE Return -16% 13% 450%
 S&P 500 Return 0% 25% 109%
 Trefis MS Portfolio Return -1% 42% 282%

[1] Month-to-date and year-to-date as of 12/17/2021
[2] Cumulative total returns since 2017

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