Adobe Inc. ($ADBE) Stock Forecast: Down 12.7% Today

What is Adobe Inc.?

Adobe Inc. (ADBE) is a multinational computer software company known for its creativity and multimedia software products. Market: The overall market sentiment for Adobe Inc. (ADBE) today was bearish, with the stock experiencing a significant decline in its value.

Why is Adobe Inc. going down?

ADBE stock is down 12.7% on Dec 12, 2024 17:41

• Adobe Inc. (ADBE) reported strong fourth-quarter fiscal 2024 results, beating estimates, but the shares fell due to weak guidance for 2025.
• Analysts had mixed opinions on Adobe's performance, with some highlighting the positive earnings and others expressing concerns about the future outlook.
• The disappointing revenue forecast by Adobe led to a sharp 11% drop in the stock price, indicating investor concerns about the company's future growth prospects.
• Despite outperforming the market over the past 20 years, Adobe's current market capitalization of $216.14 billion couldn't shield it from the negative market reaction to its latest guidance.

ADBE Price Chart

ADBE Technical Analysis

ADBE News

Adobe Analysts Split After Strong Q4, Weak 2025 Guidance - Adobe ( NASDAQ:ADBE )

Shares of Adobe Inc ADBE tanked in early trading on Thursday, despite the company reporting upbeat fiscal fourth-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways.

https://www.benzinga.com/24/12/42465629/adobe-posts-solid-q4-shares-tank-on-guidance-revenues-to-grow-2x-3x-in-few-years-says-analyst

Adobe Q4 Earnings Beat Estimates, Shares Fall on Weak Outlook

ADBE's fourth-quarter fiscal 2024 results reflect strong adoption of Digital Media and Digital Experience.

https://www.zacks.com/stock/news/2382693/adobe-q4-earnings-beat-estimates-shares-fall-on-weak-outlook

Here's How Much $100 Invested In Adobe 20 Years Ago Would Be Worth Today - Adobe ( NASDAQ:ADBE )

Adobe ADBE has outperformed the market over the past 20 years by 7.13% on an annualized basis producing an average annual return of 15.56%. Currently, Adobe has a market capitalization of $216.14 billion.

https://www.benzinga.com/insights/news/24/12/42461687/heres-how-much-100-invested-in-adobe-20-years-ago-would-be-worth-today

Adobe, Keros Therapeutics, Lovesac And Other Big Stocks Moving Lower In Thursday's Pre-Market Session - Adobe ( NASDAQ:ADBE ) , ADS-TEC Energy ( NASDAQ:ADSE )

U.S. stock futures were lower this morning, with the Nasdaq futures falling around 50 points on Thursday. Shares of Adobe Inc. ADBE fell sharply in today's pre-market trading following the release of quarterly results. Adobe posted better-than-expected earnings and sales results for its fourth ...

https://www.benzinga.com/24/12/42460638/adobe-keros-therapeutics-lovesac-and-other-big-stocks-moving-lower-in-thursdays-pre-market-session

Adobe Shares Plunges Over 11% After Disappointing Revenue Forecast - Adobe ( NASDAQ:ADBE )

Shares of Adobe Inc ADBE experienced a significant decline in pre-market trading on Thursday, following the company's release of a revenue forecast that fell short of expectations. The Photoshop maker saw its shares drop by 11.75% during pre-market hours on Thursday, according to Benzinga Pro.

https://www.benzinga.com/markets/equities/24/12/42458235/adobe-shares-plunges-over-11-after-disappointing-revenue-forecast

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Adobe Inc. Price History

07.10.2024 - ADBE Stock was down 1.4%

• Adobe has been a top performer over the past decade, but today's bearish movement suggests a shift in investor sentiment.
• The adoption of a bearish approach by deep-pocketed investors, as indicated by options trends, likely contributed to the downward pressure on Adobe's stock.
• While the broader market was also down, Adobe fell more steeply, indicating specific factors impacting the company beyond general market conditions.
• Despite its strong position in the software industry, competitive pressures and investor outlook may have played a role in Adobe's bearish movement today.

12.11.2024 - ADBE Stock was down 10.6%

• Adobe's shares plunged over 11% after the company released a disappointing revenue forecast, falling short of expectations.
• Despite posting better-than-expected earnings and sales results for its fourth quarter, the stock experienced a sharp decline in today's pre-market trading.
• The market reacted negatively to Adobe's revenue forecast miss, leading to a significant drop in the stock price.
• Investors may have been disappointed by the revenue outlook, causing a bearish movement in Adobe's stock today.

13.08.2024 - ADBE Stock was down 8.5%

• Adobe stock faced a downturn due to disappointing Q4 guidance following its positive Q3 results.
• Some analysts suggest a balanced view on the stock amidst the market reaction.
• Jim Cramer expressed concerns over analysts' skepticism, emphasizing Adobe's underlying strengths that were overlooked.
• The disparity between robust Q3 earnings and lackluster Q4 guidance is seen as a probable cause for Adobe's stock decline today.

13.08.2024 - ADBE Stock was down 8.3%

• Strong Q3 earnings were reported by Adobe with a revenue increase of 10.6% and an EPS of $4.65, beating estimates.
• Despite the positive earnings, Adobe's stock experienced a bearish movement due to disappointing Q4 guidance, causing investors to react negatively.
• The acquisition of WalkMe by SAP for $1.5 billion might have added some pressure on Adobe as it strengthens AI assistance, potentially increasing competition in the market.
• Concerns in the market may be rising about Adobe's future growth prospects and how it will navigate the evolving landscape with competitors like WIX expanding their AI product line-up.

13.08.2024 - ADBE Stock was down 8.1%

• Despite strong Q3 earnings and beating revenue estimates, the stock experienced bearish movement.
• Criticism of analysts for their harsh stance on Adobe despite solid financial results may have caused uncertainty among investors.
• The anticipation of a Fed rate cut benefiting mega-cap tech stocks like Adobe could have led to profit-taking by investors after a period of growth.
• The market might be reacting to mixed forecasts and revisions by analysts ahead of Adobe's earnings call, leading to a temporary downturn in the stock price.

12.10.2024 - ADBE Stock was up 4.1%

• Adobe Systems (ADBE) demonstrated strength in its price movement, surpassing the broader market.
• There is interest in bearish options strategies from well-funded investors regarding Adobe, possibly linked to profit-taking or hedging, yet it did not notably influence the stock's positive trend.
• Over the last decade, Adobe has delivered an impressive average annual return of 21.51%, likely fostering investor confidence and contributing to today's bullish performance.
• Recognized for its robust AI applications, Adobe stands out among tech giants, attracting investors seeking exposure to cutting-edge industries and aiding in the stock's positive trajectory.

15.10.2024 - ADBE Stock was down 5.4%

• Adobe's stock had a bearish movement despite outperforming the broader market.
• The positive performance of SoundHound AI and the potential for beating earnings expectations might have shifted investor focus away from Adobe.
• Skyworks beating Q4 estimates could have led investors to reallocate their investments from Adobe to other companies showing stronger growth potential.
• The high inventory, uneven demand, and muted recovery in certain markets might have raised concerns about the overall sector, impacting Adobe's stock negatively.

15.10.2024 - ADBE Stock was down 5.1%

• Adobe Systems (ADBE) experienced a significant bearish movement, despite surpassing the broader market's performance in recent times.
• The current focus on AI giants like Google (GOOGL) and Meta (META) may have diverted investor attention from Adobe (ADBE).
• The anticipation of SoundHound AI's strong Q3 earnings and FY24 outlook might have attracted investor interest away from Adobe.
• Concerns about Skyworks' (SWKS) Q4 estimates and 1Q25 outlook impacting shares in the semiconductor industry could have had a negative effect on Adobe's stock.

12.11.2024 - ADBE Stock was down 12.7%

• Adobe Inc. (ADBE) reported strong fourth-quarter fiscal 2024 results, beating estimates, but the shares fell due to weak guidance for 2025.
• Analysts had mixed opinions on Adobe's performance, with some highlighting the positive earnings and others expressing concerns about the future outlook.
• The disappointing revenue forecast by Adobe led to a sharp 11% drop in the stock price, indicating investor concerns about the company's future growth prospects.
• Despite outperforming the market over the past 20 years, Adobe's current market capitalization of $216.14 billion couldn't shield it from the negative market reaction to its latest guidance.

14.05.2024 - ADBE Stock was up 13.9%

• Adobe's Q2 earnings and revenues beat estimates, showing a rise year over year, indicating strong financial performance.
• Analysts are optimistic about Adobe's future performance, with positive commentary on key metrics and AI initiatives, driving investor confidence.
• Despite a decline in consumer sentiment impacting the overall market, Adobe's solid momentum across its various cloud services contributed to its positive stock movement.
• The contrasting performance of Adobe compared to stocks like GameStop and RH, which fell during the same period, highlights Adobe's resilience and attractiveness to investors.

14.05.2024 - ADBE Stock was up 14.5%

• Adobe Inc. (ADBE) experienced a significant bullish movement today following better-than-expected quarterly results and an increased full-year guidance.
• The company's strong performance was driven by a 10% year-over-year revenue growth in the fiscal second quarter, surpassing analyst estimates.
• The positive market sentiment towards Adobe can be attributed to its continued dominance in the creative software industry, particularly with the strengthening role of AI in its products.
• Investors reacted favorably to the news, leading to a notable 16% surge in Adobe shares and positioning the company as a standout performer in today's market.

02.07.2024 - ADBE Stock was down 5.9%

• ADBE stock reached multi-year highs in early February but has seen a YTD decline of over 7.5%, underperforming the tech sector ETF.
• Concerns about Adobe's recent legal issues and high valuation levels have impacted investor sentiment.
• The cautionary suggestion to hold off on buying ADBE stock in the immediate term reflects uncertainties surrounding the company's performance.
• The broader market instability and warnings about overvalued AI stocks may have contributed to the bearish movement in ADBE today as investors reevaluate their positions in tech companies like Adobe.