Latest Articles
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Adobe Stock Down 23% YTD; Can Q2 Results Reverse The Trend?
Adobe (NASDAQ: ADBE) stock has lost 23% YTD as compared to the 12% rise in the S&P 500 index. In sharp contrast, Adobe’s peer Oracle (NYSE: ORCL) is up 20% over the same period. Further, ADBE is scheduled to report its fiscal Q2 202...
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Down 14% In The Last Trading Session, Where Is Adobe Stock Headed?
Adobe’s stock (NASDAQ: ADBE) has lost 17% in 2024 as compared to the 7% rise in the S&P500 index over the same period. Further, the stock price dropped 13.7% on Friday vs a 0.7% gain in the broader index. The decline came after the firm pos...
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Down 8% YTD, What To Expect From Adobe Stock In Q1?
Adobe (NASDAQ: ADBE) is scheduled to report its fiscal Q1 2024 results on Thursday, March 14 (after market close). We expect Adobe to edge past the consensus estimates of revenues, but earnings are likely to miss the mark. The technology giant...
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Up 77% Last Year, What To Expect From Adobe Stock?
Adobe’s stock (NASDAQ: ADBE) has lost 4% in 2024 as compared to the 1% drop in the S&P500 index over the same period. Further, ADBE stock is currently trading around $572, which is 10% below its fair value of $633 – Trefis’ estimate for A...
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Adobe Stock Is Trading Below Its Fair Value
Adobe’s stock (NASDAQ: ADBE) has gained 53% YTD as compared to the 13% rise in the S&P500 index over the same period. Further, ADBE stock is currently trading around $514, which is 13% below its fair value of $594 – Trefis’ estimate for A...
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Adobe Stock Outperformed The Street Expectations In Q2
Adobe’s stock (NASDAQ: ADBE) has gained 47% YTD as compared to the 15% rise in the S&P500 index over the same period. Further, ADBE stock is currently trading around $495, which is 16% above its fair value of $426 – Trefis’ estimate for A...
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Adobe Stock Topped The Consensus In Q1, What’s Next?
Adobe’s stock (NASDAQ: ADBE) has lost 1% YTD as compared to the 1% rise in the S&P500 index over the same period. Further, ADBE stock is currently trading around $334, which is 14% below its fair value of $388 – Trefis’ estimate for Adobe...
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Adobe Stock To Top The Street Expectations In Q1
Adobe (NASDAQ: ADBE) is scheduled to report its fiscal Q1 2023 results on Wednesday, March 15 (after market close). We expect Adobe to edge past the consensus estimates of revenues and earnings. The technology giant surpassed the street estimat...
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Adobe Stock Gained 2.4% Last Week, What’s Next?
Adobe’s stock (NASDAQ: ADBE) increased 2.4% in the last week, outperforming the S&P 500 (down 2.5%). Further, the same trend was observed over the last ten days (-0.9% vs -5.8%) and one month (0.04% vs -3.1%). The technology giant poste...
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Adobe Stock Revenues To Edge Past The Consensus In Q4?
Adobe (NASDAQ: ADBE) is scheduled to report its fiscal Q4 2022 results on Thursday, December 15. We expect Adobe to edge past the consensus estimates of revenues, while earnings will remain in line with expectations. The company posted mixed r...
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Adobe Stock Lost 23% In One Week, What’s Next?
Adobe’s stock (NASDAQ: ADBE) dropped 22.9% in the last week, significantly underperforming the S&P 500 (down 4%). Further, the same trend was observed over the last ten days (-24.6% vs -4.8%) and one month (-30.4% vs -8.4%). Although the...
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What To Expect From Adobe Stock?
Adobe’s stock (NASDAQ: ADBE) has lost roughly 35% YTD as compared to the 17% drop in the S&P500 index over the same period. Further, at its current price of $371 per share, it is trading 19% below its fair value of $456 – Trefis’ estimate ...
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Adobe Stock To Beat The Street Expectations In Q2?
Adobe (NASDAQ: ADBE) is scheduled to report its fiscal Q2 2022 results on Thursday, June 16 (after market close). We expect Adobe to edge past the consensus estimates of revenues and earnings. The technology giant posted better than expected r...
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Is Adobe Stock Attractive At Current Levels?
Adobe’s stock (NASDAQ: ADBE) is down roughly 26% YTD as compared to the 6% drop in the S&P500 index over the same period. Notably, several high-growth technology stocks have taken a beating in 2022 after an illustrious bull run last year. A...
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Forecast of The Day: Adobe’s Digital Media Revenue
What? Adobe’s (NASDAQ:ADBE) Digital Media Revenue rose from $7.7 billion in 2019 to $11.5 billion in 2021. Trefis expects the metric to rise to $15 billion by 2023. Why? We expect Adobe to continue to expand sales of its industry-leadin...
