Adobe Q3 Earnings Preview: AI Tools In Focus, Analyst Expects Upside With Strong Second Half Of Year Ahead
Portfolio Pulse from Chris Katje
Adobe is set to report its Q3 earnings, with analysts expecting revenue of $5.37 billion and EPS of $4.53. The company has consistently beaten estimates and is focusing on AI tools for growth. Analysts have positive outlooks, with price targets ranging from $580 to $675.
September 11, 2024 | 8:50 pm
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Adobe is expected to report strong Q3 earnings, driven by AI tools and consistent performance in beating estimates. Analysts have raised price targets, indicating a positive outlook.
Adobe has a strong track record of beating earnings estimates, and the focus on AI tools is expected to drive further growth. Analysts have raised price targets, reflecting confidence in Adobe's future performance. The introduction of new AI video capabilities could further enhance growth prospects.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100