Adobe Tumbles 10%, But AI Growth Could Fuel a Comeback
Adobe (NASDAQ:ADBE) took a 10% hit in early trading Thursday after reporting its latest financial results, but analysts see potential for a rebound as the company ramps up its generative AI revenue. Mizuho's Gregg Moskowitz admitted that Adobe's stock has been frustrating in fiscal 2024.
However, he pointed out that the company is finally starting to see real gains from its AI efforts. While Mizuho trimmed its price target from $620 to $575, it stuck with an Outperform rating, expecting revenue and annual recurring revenue (ARR) to pick up next year. KeyBanc took a more cautious stance, keeping its Underweight rating and lowering its target to $390 from $450. Analyst Jackson Ader noted that Adobe's AI ARR from four standalone products hit $125 million, with plans to double that by year-end.
Meanwhile, Citizens analysts, led by Patrick Walravens, held a Market Perform rating, pointing to rising competition from Canva and Figma as a key challenge. They believe Adobe's real opportunity lies in using AI to streamline workflows across its Creative, Document, and Experience clouds.
On the earnings call, CEO Shantanu Narayen emphasized that AI-driven tools like Acrobat AI Assistant, Firefly App, and GenStudio are already adding more than $125 million in ARR, with expectations to double that figure by the end of fiscal 2025.
This article first appeared on GuruFocus.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
31 minutes ago
- Business Wire
EBC Financial Group Launches Over a 100 U.S. ETF CFDs, Strengthening Diversification for Global Clients
LONDON--(BUSINESS WIRE)--EBC Financial Group (EBC) has announced the launch of over 100 new U.S.-listed Exchange-Traded Fund (ETF) CFDs, expanding its multi-asset product suite and offering global client's deeper access to diversified, thematic trading opportunities. The rollout highlights EBC's ongoing commitment to delivering institutional-grade tools across asset classes, underpinned by flexibility, transparency, and efficiency. The new offering includes ETFs listed on the NYSE and NASDAQ, issued by leading asset managers such as Vanguard, iShares (BlackRock), and State Street Global Advisors. Thematic coverage spans a wide range of global macro and sectoral narratives. 'This expansion reflects our vision to bridge intelligent product design with market relevance,' said David Barrett, CEO of EBC Financial Group (UK) Ltd. 'The new products are a natural evolution for traders seeking targeted exposure with greater strategic flexibility. At EBC, we're building an ecosystem that empowers both precision and performance.' Thematic Access Meets Tactical Flexibility The additional ETF-linked instruments cover a variety of market exposures, including geographic allocations like the iShares MSCI Brazil ETF; fixed income-focused strategies such as the iShares iBoxx $ High Yield Corporate Bond Fund; and sector- or commodity-based indices including the United States Oil Fund LP and the Vanguard Health Care ETF. Other themes include dividend-related baskets, mid-cap equities, and style-based index tracking. These developments reflect wider industry interest in instruments that mirror trends in asset allocation without direct ownership of the underlying securities. Across many markets, sector-tilted and style-based index products are gaining relevance as participants seek flexible ways to align with global narratives. Historically, ETFs tracking specific economic cycles—such as commodity recoveries or emerging market rebounds—have demonstrated performance differentiation. The iShares MSCI Brazil ETF, for example, notably outperformed the S&P 500 during the post-pandemic recovery period in 2021, highlighting how thematic instruments can diverge from broad indices depending on market cycles. These additions serve as both stand-alone trade ideas and complementary instruments alongside EBC's existing product lineup, enabling advanced portfolio structuring and thematic trading. Smarter Exposure: Leverage, Shorting, and Cost Efficiency in One Product Compared to direct ETF investments, it presents several key advantages as traders benefit from a simplified cost structure, with no traditional fund management fees or broker commissions. The flexibility to take both long and short positions allows for strategic trading regardless of market direction, while the use of leverage enhances capital efficiency and return potential. These trades are executed in real time via EBC's recognised platforms, providing seamless access to market opportunities. During key market cycles, for example the post-pandemic V-shaped recovery of 2021—certain thematic ETFs, like the iShares MSCI Brazil ETF, significantly outperformed broader indices such as the S&P 500. Our portfolio enables traders to participate in similar trends, adapting quickly to shifting market dynamics with precision and speed. Getting Started These products can be accessed by registering on to begin simulated or live trading. About EBC Financial Group Founded in London's esteemed financial district, EBC Financial Group (EBC) is a global brand known for its expertise in financial brokerage and asset management. Through its regulated entities operating across major financial jurisdictions—including the UK, Australia, the Cayman Islands, Mauritius, and others—EBC enables retail, professional, and institutional investors to access a wide range of global markets and trading opportunities, including currencies, commodities, shares, and indices. Recognised with multiple awards, EBC is committed to upholding ethical standards and is licensed and regulated within the respective jurisdictions. EBC Financial Group (UK) Limited is regulated by the UK's Financial Conduct Authority (FCA); EBC Financial Group (Cayman) Limited is regulated by the Cayman Islands Monetary Authority (CIMA); EBC Financial Group (Australia) Pty Ltd, and EBC Asset Management Pty Ltd are regulated by Australia's Securities and Investments Commission (ASIC); EBC Financial (MU) Ltd is authorised and regulated by the Financial Services Commission Mauritius (FSC). At the core of EBC are a team of industry veterans with over 40 years of experience in major financial institutions. Having navigated key economic cycles from the Plaza Accord and 2015 Swiss franc crisis to the market upheavals of the COVID-19 pandemic. We foster a culture where integrity, respect, and client asset security are paramount, ensuring that every investor relationship is handled with the utmost seriousness it deserves. As the Official Foreign Exchange Partner of FC Barcelona, EBC provides specialised services across Asia, LATAM, the Middle East, Africa, and Oceania. Through its partnership with United to Beat Malaria, the company contributes to global health initiatives. EBC also supports the 'What Economists Really Do' public engagement series by Oxford University's Department of Economics, helping to demystify economics and its application to major societal challenges, fostering greater public understanding and dialogue.
Yahoo
an hour ago
- Yahoo
Colliers releases 2024 Global Sustainability Report; announces refreshed sustainability strategy, 'Built to Last'
BANGALORE, India, June 12, 2025 /PRNewswire/ -- Colliers (NASDAQ: CIGI), (TSX: CIGI), a leading diversified real estate professional services firm, released its 2024 Global Sustainability Report, highlighting the firm's achievements and progress against targets established in 2021. The company's refreshed sustainability strategy, Built to Last, elaborately conveyed through the report, includes targets for addressing the firm's own GHG emissions and helping its clients do the same. The strategic framework rests on three interconnecting themes - Environmental Sustainability, Workplace Experience, and Ethical Governance & Practices. Environmental Sustainability addresses the growing need for decarbonization pathways that enhance asset resilience and align with climate change mitigation goals. Workplace Experience focuses on people – their safety, well-being, and acceptance. And Ethical Governance & Practices emphasizes the firm's commitment to ethical business conduct and transparent governance, particularly around data privacy and proactive cybersecurity measures to protect the interests of internal and external stakeholders. Inclusiveness and instilling a sense of belonging among its people remain a key area of focus for the firm. Several of the firm's Asia Pacific markets including India strengthened their Employee Assistance Programme (EAP) offering to make services, personalized support and wellness workshops more accessible to employees. Further, the enhanced employee referral program has broadened the hiring pool by leveraging employees' social networks. Asia Pacific highlights in the report include: 39.6% reduction in Scope 1 and 2 emissions per square foot from a 2021 baseline Secured WELL Health-Safety Ratings in all Colliers offices in Asia Pacific 108% participation in Colliers Gives global volunteering program Approx 90% engagement in our global employee survey, with engagement scores exceeding external benchmarks 30% of manager+ roles held by women "At Colliers, sustainability is not just a commitment but the foundation of our future. With our refreshed sustainability strategy, 'Built to Last', we are prioritizing people, governance, and environmental sustainability, ensuring that progress is both impactful and enduring. From sustainable asset investing to integrating new ESG-focused services, we are embedding sustainability into every facet of our business. Our unbiased hiring practices, increased women leadership, and sensitivity trainings reflect our dedication to inclusiveness, while our community initiatives reinforce our responsibility to giving back. Winning key accolades and acquiring certifications like Great Place to Work is a testament to our ethical stance and steadfast pursuit of excellence and sustainable growth. As we move forward, we will continue leading with integrity, innovation, and a deep-rooted commitment to doing right by our people, clients and communities," says Sankey Prasad, Chairman & MD, Middle-East & India, Colliers. "Our latest global sustainability report underscores our unwavering commitment to our ESG goals - prioritizing people, governance, and environmental sustainability. By integrating compliant strategies, sustainable asset investments, and inclusive leadership practices, we continue to drive meaningful change. As we embrace technological advancements, we are committed to harnessing AI and pioneering technologies responsibly, integrating policies that drive ethical innovation, improved efficiency, and ascending growth. Our refreshed approach is also deeply rooted in fostering an inclusive, transparent, and forward-thinking organization. We prioritize the physical and mental well-being of our employees, creating a supportive culture where they can thrive. We hope to empower professionals from diverse backgrounds, ensuring that all our people have equal access to opportunity and resources that unlock their full potential," says Badal Yagnik, Chief Executive Officer, Colliers India. The full 2024 Global Sustainability Report is available at About Colliers Colliers (NASDAQ: CIGI) (TSX: CIGI) is a global diversified professional services and investment management company. Operating through three industry-leading platforms – Real Estate Services, Engineering, and Investment Management – we have a proven business model, an enterprising culture, and a unique partnership philosophy that drives growth and value creation. For 30 years, Colliers has consistently delivered approximately 20% compound annual returns for shareholders, fueled by visionary leadership, significant inside ownership and substantial recurring earnings. With nearly $5.0 billion in annual revenues, a team of 23,000 professionals, and more than $100 billion in assets under management, Colliers remains committed to accelerating the success of our clients, investors, and people worldwide. Learn more at X @Colliers or LinkedIn. Media Contact: Sukanya DasguptaNational Director, Marketing & Communication+91 Logo: View original content: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Wall Street Journal
an hour ago
- Wall Street Journal
Inflation Data, Bond Auctions, Consumer Sentiment: Still to Come This Week
Thursday will bring producer-price index data from May, providing another reading on inflation and how prices have changed as a result of tariff policies. Meanwhile, Apple's Worldwide Developers Conference continues, and Adobe's quarterly earnings are due. Today
