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0 0 0.0010141987829615 0.0010141987829615 0.000957854406130358 0 -0.000197205318909154 -0.00053527157989632
Stock impact report

KeyBanc Turns Bearish on Adobe (ADBE) Despite Strong Q4 Results [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
The firm sees limited upside for the stock following robust Q4 results given muted stock reaction and Adobe's weak positioning compared to peers. According to the firm, the valuation discount is justified by “decelerating revenues, limited margin upside and AI competitive threats.” While the company has reported solid upside across key metrics, concerns were raised about its guidance. “This downgrade is less about absolutes and more about the potential for share outperformance. The Company reported its 4Q25 last Wednesday and produced solid upside across the board, but the guidance on ARR called for flat net-new ARR in 2026, while EBIT margins were forecast to contract.” The firm noted how the results were “as good of an outlook as investors could ask for at this juncture,” but the stock hardly “budged.” “We are taking this as a signal that the competitive pressures we have been picking up from our survey work and channel work through the year will continue to weigh on shares Show less Read more
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