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News
JPMorgan Cuts Adobe Target to $315 as AI Monetization Concerns Persist
1+ day, 7+ hour ago (35+ words) JPMorgan sees plenty of users. The harder part is turning them into paying customers. Oops, something went wrong JPMorgan Cuts Adobe Target to $315 as AI Monetization Concerns Persist This article first appeared on GuruFocus....
Adobe Beats Wall Street Forecasts as AI Demand Lifts Quarterly Revenue
2+ day, 6+ hour ago (207+ words) The software giant is gaining more than investor confidence as artificial intelligence reshapes its products and triggers a closely watched leadership transition. Adobe beat Wall Street’s third-quarter revenue estimates, driven by growing demand for products and tools integrated with artificial…...
Adobe says it hit 1B MAUs, with freemium MAUs surpassing 100M in Q3, up 70%+ YoY, as it increasingly focuses on expanding its freemium AI offerings
2+ day, 2+ hour ago (12+ words) Top news and commentary for technology's leaders, from all around the web....
Adobe beats third-quarter revenue estimates on AI product demand
2+ day, 5+ hour ago (110+ words) Sept 10 (Reuters) – Adobe beat Wall Street estimates for third-quarter revenue on Thursday, as demand for its AI-integrated products and tools continued to grow. The company reported revenue of $6.76 billion for the quarter, compared with analysts’ average estimate of $6.70 billion, according…...
Adobe Forecast Misses Estimates, Renewing Fears About AI Impact
2+ day, 8+ hour ago (195+ words) (Bloomberg) -- Adobe Inc. gave an outlook for sales that narrowly missed analysts' estimates, renewing concerns about pressure from artificial intelligence upstarts. Apple to Unveil $2,000 Foldable iPhone Duo at High-Stakes Event Trump's $5,000 Payout Promise Underscores GOP Midterm Peril Bessent Dares Traders…...
All Eyes Are on Adobe's AI Strategy in Q3 Earnings Tonight
2+ day, 8+ hour ago (640+ words) Adobe heads into tonight’s earnings at just 9.8x forward earnings as Wall Street continues to question whether generative AI will ultimately strengthen its business or disrupt it. The company’s AI-first annual recurring revenue has already tripled year over year to more…...
Adobe reports Q3 revenue up 13% YoY to $6.76B, vs. $6.7B est., AI-first annual recurring revenue up 150% YoY, and forecasts Q4 revenue slightly below estimates
2+ day, 7+ hour ago (12+ words) Top news and commentary for technology's leaders, from all around the web....
Adobe beats Wall Street estimates on AI product demand
2+ day, 7+ hour ago (187+ words) An Adobe office in Citywest Business Campus, Saggart, Ireland in October, 2021.TOM BERGIN/Reuters Adobe beat Wall Street estimates for third-quarter revenue on Thursday, as demand for its AI-integrated products and tools continued to grow. The company reported revenue of…...
Adobe set to report earnings today with AI tools performance in the spotlight
2+ day, 9+ hour ago (239+ words) The software giant's AI-first revenue has tripled year-over-year, and Wall Street wants to know if the momentum holds heading into a CEO transition. Adobe reports its fiscal Q3 2026 earnings after the bell today, and Wall Street is expecting revenue of roughly…...
Adobe Loses ChatGPT Ad Access Hours Before Reporting
2+ day, 11+ hour ago (131+ words) Yahoo Finance Oops, something went wrong U.S. markets close in 2h 5m Adobe Loses ChatGPT Ad Access Hours Before Reporting This article first appeared on GuruFocus. Adobe Inc. (NASDAQ:ADBE) fell 1.33% intraday ahead of fiscal third-quarter results due after the close. OpenAI has…...