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Adobe Says Its AI Sales Are Coming in Strong. But Will It Lift the Stock?
Investopedia· 2025-09-11 22:30
Adobe's stock has had a tough year so far, with shares down more than 20% for 2025 through Thursday's close. David Paul Morris / Bloomberg / Getty Images Close Adobe (ADBE) just reported record quarterly revenue driven by artificial intelligence gains. Will it revive confidence in the stock? Wall Street is optimistic. The shares finished Thursday a bit below $351, and the mean price target as tracked by Visible Alpha, above $461, represents a more than 30% premium. Most of the analysts tracking the stock ha ...
Adobe Says AI Sales Are Coming in Strong. But Will It Lift the Stock?
Yahoo Finance· 2025-09-11 21:29
David Paul Morris / Bloomberg / Getty Images Adobe's stock has had a tough year so far, with shares down more than 20% for 2025 through Thursday's close Adobe (ADBE) just reported record quarterly revenue driven by artificial intelligence gains. Will it revive confidence in the stock? The creative software giant late Thursday posted adjusted earnings per share of $5.31 on revenue that jumped 11% year-over-year to a record $5.99 billion in the fiscal third quarter, above analysts' estimates compiled by Vis ...