Adobe upgraded by JP Morgan with a new price target
$ADBE
Computer Software: Prepackaged Software
Technology
JP Morgan upgraded Adobe from Neutral to Overweight and set a new price target of $580.00 from $570.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/16/2025 | $495.00 → $450.00 | Outperform | BMO Capital Markets |
| 4/14/2025 | $530.00 → $480.00 | Outperform | RBC Capital Mkts |
| 3/21/2025 | Underweight → Sector Weight | KeyBanc Capital Markets | |
| 3/13/2025 | $515.00 → $495.00 | Outperform | BMO Capital Markets |
| 2/19/2025 | Neutral | Redburn Atlantic | |
| 1/15/2025 | $425.00 | Underperform → Neutral | Exane BNP Paribas |
| 1/8/2025 | $600.00 → $475.00 | Buy → Hold | Deutsche Bank |
| 12/12/2024 | $625.00 → $550.00 | Buy → Hold | TD Cowen |
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4 - ADOBE INC. (0000796343) (Issuer)
4 - ADOBE INC. (0000796343) (Issuer)
4 - ADOBE INC. (0000796343) (Issuer)
BMO Capital Markets reiterated coverage of Adobe with a rating of Outperform and set a new price target of $450.00 from $495.00 previously
RBC Capital Mkts reiterated coverage of Adobe with a rating of Outperform and set a new price target of $480.00 from $530.00 previously
KeyBanc Capital Markets upgraded Adobe from Underweight to Sector Weight
Record Q1 Operating Cash Flows of $2.48 billion Reaffirms FY2025 Targets Previews Customer-Focused Strategy Ahead of Its Investor Meeting at Adobe Summit Adobe (NASDAQ:ADBE) today reported financial results for its first quarter fiscal year 2025 ended Feb. 28, 2025, reaffirming its FY2025 targets, and previewed its customer-focused strategy ahead of Adobe's Investor Meeting next week at Adobe Summit. "Adobe's success over the next decade will be driven by customer-focused innovation and new offerings for creators, marketing professionals, business professionals and consumers," said Shantanu Narayen, chair and CEO, Adobe. "Adobe is well-positioned to capitalize on the acceleration of
Company to host Investor Meeting on March 18 Today, Adobe (NASDAQ:ADBE) announced it will release its first quarter fiscal year 2025 results after the market closes on Wednesday, March 12, 2025, 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. Additionally, Adobe announced it will host its Investor Meeting with financial analysts and investors on Tuesday, March 18, 2025 at 2 p.m. Pacific Time at Adobe Summit in Las Vegas, NV. Adobe's executive team will provide updates on the company's strategy, innov
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
100+ Creative Cloud innovations and productivity upgrades equip creative professionals to work faster, with more control and precision over the finest details Firefly-powered innovations in Photoshop, Illustrator, Express and Premiere Pro bring creative professionals powerful, streamlined workflows to generate and edit graphics, extend video footage and animate images Creative pros can explore and ideate with the new Firefly app – including the new Firefly Boards for AI-first moodboarding – with Adobe's commercially safe Firefly models and choice in partner models to explore concepts and create images, vectors, audio and video Today, at its MAX London creativity conference, Adobe (NA
Major advancements in video, including new Clip Maker and custom b-roll and background generation, make editing footage fast and simple while Dynamic Animation easily brings lifelike motion to static images Adobe Express empowers business professionals to easily create extraordinary on-brand assets with brand kits, locked templates and new Generate Similar to produce cohesive asset collections in seconds that are safe for commercial use Directly integrated with flagship Creative Cloud apps like Photoshop, Illustrator, Lightroom and Acrobat, Adobe Express makes it seamless for creative professionals to take their work further, add animation, repurpose assets and edit and publish content
Firefly combines Adobe's commercially safe Firefly models and now the choice of models from partners including Google Cloud and OpenAI so creators can ideate, create and produce images, videos, audio, vectors and designs from a single home Adobe releases new Firefly Image Model 4 and Firefly Image Model 4 Ultra for impeccable realism and detail and makes Firefly Video Model generally available Firefly now includes the all-new Firefly Boards in public beta, equipping creators with a collaborative, AI-first surface for moodboarding and exploring creative concepts Today, at its MAX London creativity conference, Adobe (NASDAQ:ADBE) showcased the new Firefly, the all-in-one app for AI-ass
4 - ADOBE INC. (0000796343) (Issuer)
4 - ADOBE INC. (0000796343) (Issuer)
4 - ADOBE INC. (0000796343) (Issuer)
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