Adobe

The company provided EPS guidance of $3.75-$3.80 for the period, compared to the consensus EPS estimate of $3.76. The company issued revenue guidance of $4.75 billion-$4.78 billion, compared to the consensus revenue estimate of $4.76 billion. Adobe also updated its FY 2023 guidance to $15.30-$15.60 EPS.

March 15, 2023 — Adobe(NASDAQ:ADBE) today reported financial results for its first quarter fiscal year 2023 ended March 3, 2023. Adobe(NASDAQ:ADBE) Guides For Q2 EPS of $3.75-$3.80 on Revenue of $4.75-$4.78 Billion, vs CIQ Analyst Consensus of $3.76/Share on Revenue of $4.76 Billion. Adobe (NASDAQ:ADBE) reported quarterly earnings of $3.80 per share which beat the analyst consensus estimate of $3.68 by 3.26 percent. The company reported quarterly sales of $4.66 billion which beat the analyst consensus estimate of $4.62 billion by 0.76 percent.  First Quarter Fiscal Year 2023 Financial Highlights Adobe achieved revenue of $4.66 billion in its first quarter of fiscal year 2023, which represents 9 percent year-over-year growth or 13 percent in constant currency. Diluted earnings per share was $2.71 on a GAAP basis and $3.80 on a non-GAAP basis. GAAP operating income in the first quarter was $1.59 billion and non-GAAP operating income was $2.13 billion. GAAP

Adobe(NASDAQ:ADBE): The U.S. Department of Justice is preparing a lawsuit to block Adobe from acquiring Figma for $20 billion.

Adobe Inc.(NASDAQ:ADBE) Stock price trend forecast and trading range: Updated to: 2023.1.6 (Note: The upper red line in the picture is the resistance, and the lower red line is the support) Analysis from stock chart —————————————————————- Short-term trend: the risk of stock price decline is high Sell high and buy low of range : none Support: $320 resistance: $350 Stop Loss Price: $320 price target: none Buy the position again: stop fall and rise to $320 Medium-term trend: the risk of stock price decline is high High sell low buy range: none Support: $320 resistance: $350 Stop Loss price: $320 price target: none Buy the position again: stop fall and rise to $320 Long-term trend: the risk of stock price decline is high High sell low buy of range: none Support : $310 resistance: $350 Stop Loss price: $310 price target : none Buy the position again: stop fall and

Adobe (Nasdaq:ADBE) stock price trend forecast and market analysis: 2022.12.30 From the stock chart analysis, the recent stock price has remained between $325-$350, short-term transactions is very good high sell low buying opportunity, buy price $325, stop loss price $320, target price of $340. The medium-term and long-term are temporarily lacking in trend and are not recommended for trading. From Analysis from financial statements,Revenue for the fourth quarter of fiscal 2022 was $4.53 billion,  market estimates of $4.53 billion, YoY+10%, net income attributable to common shareholders of $1.176 billion, $1.273 billion  a year earlier,  EPS at $2.53, $2.57 a year earlier. R&D expenses were $773 million. Revenue growth has slowed, but its valuation cannot be calculated conservatively, and its special industry position can be further expanded through M&A transactions, and the focus is on performance guidance. The historical high of the stock price may have been formed, and the stock