Adobe Reports Record Q2 Revenue

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Go back to Adobe Reports Record Q2 Revenue

Adobe (ADBE) PT Raised to $315 at BMO Capital

June 19, 2019 7:37 AM EDT

BMO 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... More

Adobe (ADBE) PT Raised to $295 at RBC Capital

June 19, 2019 6:36 AM EDT

RBC 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.

... More

Adobe Systems (ADBE) Tops Q2 EPS by 5c, Q3 EPS Guidance Comes in Light

June 18, 2019 4:06 PM EDT

Adobe 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