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Adobe shares drop 14% as concerns about AI growth overshadow better-than-expected results

Adobe shares fell on Thursday as investors fretted over lingering growth concerns and the company’s artificial intelligence monetization strategy.

heise online · 1d

Adobe beats financial expectations, but shares fall on AI concerns

The software company is able to increase revenue and profits more than expected. But there are concerns about Adobe's AI strategy.

NBC DFW · 2d

Adobe shares drop 13% as concerns about AI growth overshadow better-than-expected results

Get top local stories in DFW delivered to you every morning with NBC DFW's News Headlines ... recurring revenue from AI contributed $125 million during the period and Adobe expects that to double ...

Reuters on MSN · 2d

Adobe's dull forecast raises AI monetization doubts, shares fall

Adobe forecast second-quarter revenue in line with Wall Street expectations on Wednesday, as it grapples with slower monetization of its artificial intelligence offerings while facing tough competition from startups.

SiliconANGLE · 2d

Adobe stock drops as AI monetization concerns weigh on investors

Adobe reported adjusted earnings per share of $5.08, up from $4.48 in the same quarter of the previous fiscal year, on revenue of $5.714 billion, up 10% year-over-year. Both figures were beats, as analysts had been expecting $4.

Adobe CEO defends AI strategy, rejects claims of slow monetisation

Adobe CEO says the company has not been slow with AI monetisation. He explained how in an interview with CNBC on Thursday ...

CFO Dive1d

Adobe touts 10% revenue growth amid AI push

The company’s introduction of new AI-enabled products is encouraging, although monetization is still “in the early stages,” a ...

1don MSN

Adobe slides on mixed guidance, but Gen-AI monetization provides upside

Adobe (ADBE) shares slid about 10% during early market action on Thursday, following its latest financial results, but ...

Morningstar2d

Adobe's stock has been an AI laggard. A ho-hum earnings forecast is adding to its declines.

Adobe (ADBE), which has seen its shares tumble as investors have waited for the company to make money in AI, appeared to be trying to address that issue by giving analysts AI software-bookings ...

Adobe seeks to sell lawsuit-free AI models, expands Indian engineering hub

The California-headquartered visual illustration and editing software developer Adobe remains unperturbed as it only uses ...

1don MSN

Adobe's Stock Plunged After Its Outlook Disappointed. Analysts Are Bullish on AI Growth.

Adobe shares tumbled Thursday after the company’s full-year forecast came in lower than expected, but analysts said they're ...

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