Adobe Reports Record Q4 and Fiscal 2021 Revenue; Company Outlines Strategy for Next Decade of Growth
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Adobe (ADBE) PT Lowered to $650 at BMO Capital
December 17, 2021 7:18 AM ESTBMO Capital analyst Keith Bachmann lowered the price target on Adobe (NASDAQ: ADBE) to $650.00 (from $720.00) while maintaining an Outperform rating.
The analyst commented, "We view this as the first disappointing Adobe quarter in a very long time. Net new ARR was... More
Adobe (ADBE) PT Lowered to $685 at Mizuho Securities
December 17, 2021 7:08 AM ESTMizuho Securities analyst Gregg Moskowitz lowered the price target on Adobe (NASDAQ: ADBE) to $685.00 (from $695.00) while maintaining a Buy rating following results.
The analyst commented, "F4Q earnings largely disappointed. Organic net new ARR (excluding Frame.io) was presumably slightly below guided levels,... More
Adobe Systems (ADBE) Reports In-Line Q4 EPS, Q1 and FY22 Guidance Misses
December 16, 2021 8:07 AM ESTAdobe Systems (NASDAQ: ADBE) reported Q4 EPS of $3.20, in-line with the analyst estimate of $3.20. Revenue for the quarter came in at $4.11 billion versus the consensus estimate of $4.09 billion.
GUIDANCE:
Adobe Systems sees FY2022 EPS of $13.70, versus the consensus of $14.26. Adobe... More
