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Adobe reaffirmed its total revenue guidance, which is expected between $23.30 billion and $23.55 billion ($21.51 billion in fiscal 2024). Fiscal 2025 non-GAAP earnings are still expected between ...

Adobe ADBE shares have declined 6.1% in a month, underperforming the broader Zacks Computer & Technology sector’s return of 2.5% and the Zacks Computer Software industry’s appreciation of 0.2%.

Adobe stock is not so cheap, as the Value Score of D suggests a stretched valuation at this moment. In terms of the forward 12-month price/sales, ADBE is trading at 7.12X, higher than the sector ...