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0.00012064181445278 0 -0.000796235975389168 -0.000120641814452917 -0.000458438894920974 0.00265411991796348 0.00518759802147419 0.00934974062009893
Stock impact report

Adobe (ADBE) Stock Rises As Analysts Back Price Hike Move [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
Following the announcement of a price increase for its Creative Cloud All Apps plans, which will take effect on June 17 or upon subscription renewal, analyst Brent Thill expressed confidence in Adobe's financial outlook. Copyright: photogearch / 123RF Stock Photo Leading software development company Adobe Inc. (NASDAQ:ADBE) is renowned for its state-of-the-art digital media solutions. Its primary products, which include Creative Cloud, are essential tools for the creative industries and companies worldwide. Following sneak peeks of Creative Cloud updates at Adobe's MAX analyst day last fall, several market analysts say the new tiers should not come as a shock. More importantly, the change is expected to support Adobe's revenue forecast for fiscal year 2025, which predicts a growth rate of 8.9% at the halfway point, compared to 10.8% growth in fiscal year 2024. Thill stated that the company's revenue projections now seem conservative due to the price increase, which was already i Show less Read more
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