Adobe Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Portfolio Pulse from Avi Kapoor
Adobe Inc. (NASDAQ:ADBE) is set to release its Q3 earnings, with analysts expecting an EPS of $4.53 and revenue of $5.37 billion. The company recently announced advancements in generative AI video capabilities. Analysts have revised their price targets, with ratings ranging from Neutral to Overweight.
September 12, 2024 | 4:37 pm
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Adobe is expected to report strong Q3 earnings with an EPS of $4.53 and revenue of $5.37 billion. The company has made advancements in AI video capabilities, which could positively impact future growth. Analysts have revised their price targets, indicating confidence in Adobe's performance.
Adobe's expected strong earnings and advancements in AI video capabilities suggest positive future growth. Analysts' revised price targets reflect confidence in the company's performance, likely leading to a short-term positive impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100