Your email has been successfully added to our mailing list.

×
0.000200293764187483 0.000134196822005699 0.00110161570303106 0.0012184537321405 -0.00196955534784342 -0.000634263586593663 0.00070436640405933 -0.000984777673921805
Stock impact report

Goldman, BMO, and Jefferies Downgrade Adobe (ADBE) [Yahoo! Finance]

Adobe Inc. (ADBE) 
Last adobe inc. earnings: 3/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: adobe.com/investor-relations.html
Company Research Source: Yahoo! Finance
Adobe Inc. (NASDAQ:ADBE) from Buy to Sell and set a price target of $290. This downgrade came as analyst Gabriela Borges assumed coverage of the software company. Goldman Sachs pointed out that the company's near-term revenue growth is expected to be about 10%, which is below the 11% average seen among its peers. The firm also pointed to lower EPS growth of 10% compared with 18% for peers. Goldman Sachs highlighted concerns that Adobe Inc.'s (NASDAQ:ADBE) earnings could face more pressure if the company spends more on AI initiatives or if revenue growth falls to less than 10%. Earlier, on January 9, BMO Capital downgraded its rating on Adobe Inc. (NASDAQ:ADBE) from Outperform to Market Perform and cut its price target from $400 to $375. The research firm sees rising competitive dynamics in the creative market. While BMO Capital sees Adobe Inc.'s (NASDAQ:ADBE) current valuation as “undemanding,” it does not see any positive catalysts and believes the stock will remain range-bound. Show less Read more
Impact Snapshot
Event Time:
ADBE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
ADBE alerts

from News Quantified
Opt-in for
ADBE alerts

from News Quantified