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Adobe, The Secret AI Play? Why This Analyst Just Bumped Up Price Target
Thursday, June 8, 2023 - 8:39am | 285Adobe Systems, Inc. (NASDAQ:ADBE) is less talked of as an artificial intelligence play but an analyst at Piper Sandler thinks the multimedia and creativity software company will benefit big from the technology. The Adobe Systems Analyst: Brent Bracelin maintained an Overweight rating and increased...
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How Unity Software Could Surpass Autodesk In 5 Years
Monday, October 12, 2020 - 4:15pm | 641The team of Doug Clinton and Steve Van Sloun at Loup Ventures made a bullish case for Unity Software (NYSE: U), a company in which they have owned a stake since before the IPO in a blog post. “Unity is on the road to becoming the next great creative software company,”...
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Channel Checks Suggest A Solid Q1 For Adobe: Morgan Stanley Previews The Print
Wednesday, March 14, 2018 - 9:28am | 513Adobe Systems Incorporated (NASDAQ: ADBE) is scheduled to release its fiscal 2018 first-quarter results after the market closes Thursday. Analysts, on average, expect the company to report Q1 earnings per share of $1.44 Vs. 94 cents one year ago and year-over-year revenue growth of 21.70...
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Breaking Down Adobe's New Guidance
Thursday, October 19, 2017 - 10:12am | 349Adobe Systems Incorporated (NASDAQ: ADBE) announced Wednesday an update to its 2018 outlook which helped boost the stock higher by more than 7 percent during Thursday's pre-market trading session. Adobe's preliminary fiscal 2018 earnings per share guidance of $5.50 not only represents a 31 percent...
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Adobe Security Breach Affects 2.9 Million Users; Are Investors Aware?
Friday, October 4, 2013 - 1:25pm | 637Investors seem to be oblivious to the fact that Adobe (NASDAQ: ADBE) has encountered a massive security breach. On Thursday, the company admitted that its security team had discovered that an unspecified number of "sophisticated attacks" had occurred on Adobe's network. Through those attacks,...