Adobe shares tumbled Thursday after the company’s full-year forecast came in lower than expected, but analysts said they're ...
This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For the current quarter, Adobe is expected to post ...
Adobe’s decline was mainly due to its disappointing forward guidance. Q2 revenue forecast came in at $5.77–$5.82 billion vs.
Adobe analysts come away with positives from the company's Q1 results, including more visibility in AI monetization efforts.
This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For the current quarter, Adobe is expected to post earnings ...