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Date | Price Target | Rating | Analyst |
---|---|---|---|
12/12/2024 | $625.00 → $550.00 | Buy → Hold | TD Cowen |
12/6/2024 | $580.00 → $600.00 | Outperform | BMO Capital Markets |
9/4/2024 | $580.00 → $625.00 | Outperform | Oppenheimer |
6/14/2024 | $570.00 → $580.00 | Neutral → Overweight | JP Morgan |
6/10/2024 | $510.00 | Buy → Hold | Melius |
3/21/2024 | $445.00 | Underweight | KeyBanc Capital Markets |
1/18/2024 | $499.00 | Neutral → Underperform | Exane BNP Paribas |
12/18/2023 | Equal Weight → Overweight | Barclays |
TD Cowen downgraded Adobe from Buy to Hold and set a new price target of $550.00 from $625.00 previously
BMO Capital Markets reiterated coverage of Adobe with a rating of Outperform and set a new price target of $600.00 from $580.00 previously
Oppenheimer reiterated coverage of Adobe with a rating of Outperform and set a new price target of $625.00 from $580.00 previously
Today, Adobe announced the appointment of Lara Balazs as Chief Marketing Officer (CMO) and Executive Vice President, Global Marketing reporting directly to CEO Shantanu Narayen. Balazs previously served as CMO and General Manager, Strategic Partner Group at financial software and services leader Intuit, where she reimagined the company's brand and go-to-market activities to support its AI-driven financial technology platform and elevated its brand awareness and reputation to new heights. Balazs will lead the Global Marketing Organization responsible for Adobe's renowned brand, Adobe.com, the company's industry-leading events, campaigns, communications, social media and its best-in-class m
Stagwell and Adobe to build a modern marketing partnership with expanded Global wins, while launching a three-year innovative joint go-to-market business partnership leveraging each company's unique offerings Stagwell's agencies 72andSunny, Code and Theory, Locaria, Movers+Shakers, National Research Group and more to collaborate for Adobe at a global scale NEW YORK, Oct. 1, 2024 /PRNewswire/ -- Adobe (NASDAQ:ADBE) today appointed Stagwell (NASDAQ:STGW), the challenger network built to transform marketing, as its global lead for creative campaigns and social content for its Digital Media (DMe) business. Leveraging the integrated strengths of five agencies across the network from upstream rese
Atlassian Corporation (NASDAQ:TEAM), a leading provider of team collaboration and productivity software, today announced it is appointing Scott Belsky to its Board of Directors effective August 1, 2024. Scott is the Chief Strategy Officer and Executive Vice President, Design & Emerging Products, at Adobe (NASDAQ:ADBE), a leader in creative, digital document and digital experience technology. "I'm excited for Scott to bring his deep strategy and product experience to our Board. He's built loveable products used by millions of people around the world, and knows how to deliver customer value. Scott understands the tech industry and has a strong pulse for the trends shaping our world. Never h
FY2024 Net New Digital Media ARR exceeds $2.0 billion FY2024 Digital Experience revenue exceeds $5.3 billion Record Q4 operating cash flows of $2.92 billion Record RPO of $19.96 billion, 16 percent year-over-year growth Adobe (NASDAQ:ADBE) today reported financial results for its fourth quarter and fiscal year 2024 ended Nov. 29, 2024. "Adobe delivered record FY24 revenue, demonstrating strong demand and the mission-critical role Creative Cloud, Document Cloud and Experience Cloud play in fueling the AI economy," said Shantanu Narayen, chair and CEO, Adobe. "Our highly differentiated technology platforms, rapid pace of innovation, diversified go-to-market and the integration
Every Box user will be able to create and edit visual content directly in Box with Adobe Express as the default image editor, enhancing Box's Intelligent Content Management solution Adobe Express features powered by Firefly AI are designed to be commercially safe, so enterprises can use them with confidence Adobe and Box also announced they will deliver additional AI and video editing capabilities in the future Box, Inc. (NYSE:BOX), the leading Intelligent Content Management platform, and Adobe (NASDAQ:ADBE) today announced a partnership that will redefine how digital media is managed, created and shared in the enterprise. Adobe Express will be generally available as the default i
Today, Adobe (NASDAQ:ADBE) announced it will release its fourth quarter and fiscal year 2024 results after the market closes on Wednesday, Dec. 11, 2024, followed by a conference call with investors from 2-3 p.m. Pacific Time. The conference call will be streamed live on the Adobe Investor Relations Site. Following the call, a recording and related materials will be available on the site. Adobe uses its website as a channel of distribution of material company information. Financial, product and other material information regarding the company is routinely posted on and accessible at www.adobe.com/ADBE. About Adobe Adobe is changing the world through personalized digital experiences. F
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8-K - ADOBE INC. (0000796343) (Filer)
FY2024 Net New Digital Media ARR exceeds $2.0 billion FY2024 Digital Experience revenue exceeds $5.3 billion Record Q4 operating cash flows of $2.92 billion Record RPO of $19.96 billion, 16 percent year-over-year growth Adobe (NASDAQ:ADBE) today reported financial results for its fourth quarter and fiscal year 2024 ended Nov. 29, 2024. "Adobe delivered record FY24 revenue, demonstrating strong demand and the mission-critical role Creative Cloud, Document Cloud and Experience Cloud play in fueling the AI economy," said Shantanu Narayen, chair and CEO, Adobe. "Our highly differentiated technology platforms, rapid pace of innovation, diversified go-to-market and the integration
Today, Adobe (NASDAQ:ADBE) announced it will release its fourth quarter and fiscal year 2024 results after the market closes on Wednesday, Dec. 11, 2024, followed by a conference call with investors from 2-3 p.m. Pacific Time. The conference call will be streamed live on the Adobe Investor Relations Site. Following the call, a recording and related materials will be available on the site. Adobe uses its website as a channel of distribution of material company information. Financial, product and other material information regarding the company is routinely posted on and accessible at www.adobe.com/ADBE. About Adobe Adobe is changing the world through personalized digital experiences. F
New CEO has driven significant product capabilities, launched new SaaS platform, bolstered the leadership team, and refreshed the brand as company prepares for the AI era CloudBees, one of the world's leading software development platforms, announced today that thousands of developers and industry leaders will convene at DevOps World Virtual 2024 to celebrate 20 years of Jenkins and the future of DevSecOps, and the path forward as the world's businesses invest in cloud transformation and software for the AI era. "The Global 2000 has three key priorities - empower developers, modernize applications securely, and embrace the power of AI in their transformation journey. The reality, however,