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Investing.com8d agobullish
Adobe beats Q3 targets, but soft Q4 sales guidance triggers dip

Investing.com -- Adobe Inc. (NASDAQ:ADBE) topped Wall Street’s third-quarter estimates on robust subscription growth, though shares edged down 2.5% after the software maker delivered a fourth-quarter revenue forecast that fell just short of expectations.

Software and Chip Stocks Surge in AI-Fueled Earnings Blowout
The Wall Street Journal23d agobullish
Software and Chip Stocks Surge in AI-Fueled Earnings Blowout

Software and semiconductor stocks are high-flying in morning trading on the backs of stellar Salesforce, Crowdstrike and Nvidia earnings Wednesday. Salesforce is up more than 20%. The software giant said it was deepening its partnership with Anthropic, boosting investor confidence in its ability to integrate AI into its software.

Adobe Stock Set for 46% Gain After Earnings Beat
24/7 Wall St.96d agobullish
Adobe Stock Set for 46% Gain After Earnings Beat

Adobe (NASDAQ:ADBE) just delivered a record quarter, raised its full-year outlook, and watched its stock fall anyway. That gap between fundamentals and price action frames our thesis. The stock trades at $218.80 after a 15.33% one-week drop and a 37.48% year-to-date decline. Our 24/7 Wall St. price target for Adobe is $320.46, implying 46.46% upside ... Adobe Stock Set for 46% Gain After Earnings Beat

Adobe Beats Expectations and Raises Outlook, but Shares Fall on ARR Concerns (ADBE)
InvestorsHub99d agobullish
Adobe Beats Expectations and Raises Outlook, but Shares Fall on ARR Concerns (ADBE)

Adobe (NASDAQ:ADBE) delivered stronger-than-expected second-quarter results on Thursday, surpassing Wall Street forecasts for both revenue and earnings while increasing its full-year guidance. However, the stock moved lower in premarket trading after investors focused on unchanged annual recurring revenue projections and another senior leadership transition.