Adobe (ADBE) Falls on Slight Q1 Beat, Weaker Outlook
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Adobe (ADBE) PT Raised to $570 at Jefferies
March 23, 2022 8:12 AM EDTJefferies analyst Brent Thill raised the price target on Adobe (NASDAQ: ADBE) to $570.00 (from $550.00) while maintaining a Buy rating.
The analyst commented, "FQ1 delivered a small beat vs. guide, but FQ2 guide was below Street. We believe this was due to Ukraine/Russia... More
Evercore ISI on Adobe (ADBE) Earnings, '2H Commentary is Encouraging'
March 22, 2022 5:36 PM EDTEvercore ISI analyst Kirk Materne reiterated an Outperform rating and $700.00 price target on Adobe (NASDAQ: ADBE).
The analyst comments "It was a solid F1Q print and while there is some noise in the F2Q guide, we believe the commentary around a... More
Adobe Systems (ADBE) Tops Q1 EPS by 3c, Offers Guidance
March 22, 2022 4:06 PM EDTAdobe Systems (NASDAQ: ADBE) reported Q1 EPS of $3.37, $0.03 better than the analyst estimate of $3.34. Revenue for the quarter came in at $4.26 billion versus the consensus estimate of $4.24 billion.
GUIDANCE:
Adobe Systems sees Q2 2022 EPS of $3.30, versus the consensus of $3.35. Adobe... More
JPMorgan Previews Adobe (ADBE) Earnings
March 22, 2022 10:23 AM EDTJPMorgan analyst Sterling Auty reiterated a Neutral rating on Adobe (NASDAQ: ADBE).
The analyst comments "Tonight, Adobe is set to report the first quarter of fiscal 2022, and once again digital media net new ARR remains in focus. We are looking for $394 million added for the... More
