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Adobe Inc shares moved higher after the closing bell on Thursday as the software and multimedia company posted second quarter earnings that topped...

FWL Investment Management LLC acquired a new stake in shares of Adobe Inc. (NASDAQ:ADBE – Get Rating) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 240 shares of the software company’s stock, valued at approximately $81,000. Other large investors also recently modified […]

Adobe (NASDAQ:ADBE – Get Rating) updated its FY23 earnings guidance on Thursday. The company provided earnings per share guidance of $15.65-15.75 for the period, compared to the consensus earnings per share estimate of $15.49. The company issued revenue guidance of $19250-19350, compared to the consensus revenue estimate of $19.30 billion. Adobe also updated its Q3 […]

Adobe (NASDAQ:ADBE – Get Rating) had its target price raised by Jefferies Financial Group from $440.00 to $530.00 in a research note issued to investors on Monday morning, The Fly reports. Other research analysts also recently issued reports about the company. Wells Fargo & Company raised Adobe from an equal weight rating to an overweight […]

Adobe (NASDAQ:ADBE – Get Rating) had its price objective upped by JPMorgan Chase & Co. from $380.00 to $450.00 in a research note released on Tuesday, The Fly reports. Other equities analysts have also recently issued reports about the stock. Wells Fargo & Company raised shares of Adobe from an equal weight rating to an […]

Adobe (NASDAQ:ADBE – Get Rating) posted its earnings results on Thursday. The software company reported $3.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.79 by $0.12, MarketWatch Earnings reports. The firm had revenue of $4.82 billion during the quarter, compared to analyst estimates of $4.77 billion. Adobe had a net […]

Adobe (NASDAQ:ADBE – Get Rating) posted its earnings results on Thursday. The software company reported $3.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.79 by $0.12, MarketWatch Earnings reports. The firm had revenue of $4.82 billion during the quarter, compared to analyst estimates of $4.77 billion. Adobe had a net […]

Trust Investment Advisors bought a new position in Adobe Inc. (NASDAQ:ADBE – Get Rating) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 4,474 shares of the software company’s stock, valued at approximately $1,506,000. Several other large investors have also added to or reduced […]

Adobe Inc (NASDAQ: ADBE) stock traded higher Friday after it disclosed better-than-expected Q2 results and strong EPS guidance.

Digital media and marketing software titan, Adobe Inc (NASDAQ: ADBE), reported its fiscal second quarter earnings on Tuesday, easily exceeding Wall Street’s expectations, along with giving a mixed guidance for the undergoing quarter. Adobe is on the list of companies who are going all in when it comes to AI, but when compared to other tech titans such as Microsoft Corporation (NASDAQ: MSFT), Adobe even has an advantage... Fiscal Second Quarter Highlights During the quarter that ended on J...