Adobe Reports Record Q2 Revenue
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
Adobe (ADBE) PT Raised to $315 at BMO Capital
June 19, 2019 7:37 AM EDTBMO Capital analyst Keith Bachman raised the price target on Adobe (NASDAQ: ADBE) to $315.00 (from $300.00) while maintaining an Outperform rating following 'steady' results.
"Against growing concern about the macro backdrop, and the potential resulting impact to marketing spend more specifically, we thought Adobe... MoreAdobe (ADBE) PT Raised to $295 at RBC Capital
June 19, 2019 6:36 AM EDTRBC Capital analyst Ross MacMillan raised the price target on Adobe (NASDAQ: ADBE) to $295.00 (from $290.00) while maintaining a Outperform rating following results.
... MoreAdobe Systems (ADBE) Tops Q2 EPS by 5c, Q3 EPS Guidance Comes in Light
June 18, 2019 4:06 PM EDTAdobe Systems (NASDAQ: ADBE) reported Q2 EPS of $1.83, $0.05 better than the analyst estimate of $1.78. Revenue for the quarter came in at $2.74 billion versus the consensus estimate of $2.7 billion.
GUIDANCE:
Adobe Systems sees Q3 2019 EPS of $1.95, versus the consensus of $2.05. Adobe... More
