Adobe stock (NASDAQ: ADBE) is seeing some gains after it recently reported strong quarterly results and provided an optimistic outlook, which was a bit of a surprise. Why do we say it's surprising?

Based on updated fiscal fourth-quarter guidance, Adobe management expects the company to book $21.43 billion in revenue and $18.27 in non-GAAP (generally accepted accounting principles) earnings per ...

Adobe’s fiscal first-quarter revenue grew by 12.0% year over year as reported to $6.40 billion, while non-GAAP operating margin was 47.4%, both of which topped guidance. Why it matters: Second-quarter ...

Adobe is rated Buy with a $422.32 price target, reflecting conviction in its enduring market position. Despite generative AI advancements, ADBE’s integrated workflows and format standards create high ...

Here's what's going well for Adobe, what needs to be improved, and if the growth stock is a buy now. Adobe delivered record revenue of $5.71 billion for the quarter, a 10% year-over-year increase.

ADBE has crashed 65% from peak but trades at 10x forward earnings with $9.3 billion in free cash flow and a $25 billion buyback. SPY returned 28% as ADBE dropped 41%, but Adobe Stock's $450 million ...