Adobe Delivers Record Q1 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Adobe (ADBE) PT Lowered to $600 at DA Davidson
March 13, 2025 9:48 AM EDTDA Davidson analyst Gil Luria lowered the price target on Adobe (NASDAQ: ADBE) to $600.00 (from $625.00) while maintaining a Buy rating.
The analyst comments "F1Q25 results were better than expected even and FY25 guide was reiterated may with positive trends and significant product... More
Adobe (ADBE) PT Lowered to $550 at Evercore ISI
March 13, 2025 5:46 AM EDTEvercore ISI analyst Kirk Materne lowered the price target on Adobe (NASDAQ: ADBE) to $550.00 (from $650.00) while maintaining a Outperform rating.
The analyst comments "Bottom line: Adobe delivered a solid start to FY25 though there wasnt much to shift the debate back into the bulls camp despite a fairly washed out valuation (~19x CY26 EPS). While Adobe is trying to shift investors away from DM NNARR as... More
Adobe (ADBE) PT Lowered to $575 at Mizuho
March 13, 2025 4:42 AM EDTMizuho analyst Gregg Moskowitz lowered the price target on Adobe (NASDAQ: ADBE) to $575.00 (from $620.00) while maintaining a Outperform rating.
The analyst comments "ADBE reported a solid F1Q as Digital Media ARR growth of 12.6% Y/Y CC was modestly above consensus.... More
Adobe Systems (ADBE) Tops Q1 EPS by 11c, Offers Guidance
March 12, 2025 4:07 PM EDTAdobe Systems (NASDAQ: ADBE) reported Q1 EPS of $5.08, $0.11 better than the analyst estimate of $4.97. Revenue for the quarter came in at $5.71 billion versus the consensus estimate of $5.66 billion.
GUIDANCE:
Adobe Systems sees Q2 2025 EPS of $4.95-$5.00, versus the consensus of... More
