Latest news with #AdobeInc
Yahoo
25-07-2025
- Business
- Yahoo
Adobe (ADBE) Faces a New Challenge as Figma Pursues $16.4 Billion IPO
Adobe Inc. (NASDAQ:ADBE) is one of the . On July 21, Reuters reported that Figma is planning to go public with an initial public offering targeting a valuation of up to $16.4 billion. The report highlighted that the company aims to raise about $1.30 billion by selling nearly 37 million shares, priced between $25 and $28 each. The IPO is expected to be on the New York Stock Exchange under the ticker 'FIG' and is backed by underwriters like Morgan Stanley and Goldman Sachs. A graphic designer intently typing in a modern spacious and stylish office, surrounded by digital cameras. Analysts are seeing this update as a significant one for Adobe Inc. (NASDAQ:ADBE), as it had planned to acquire Figma for $20 billion a year ago; however, the deal collapsed due to regulatory issues in Europe and the UK. Adobe Inc. (NASDAQ:ADBE) is an international tech company known for its digital solutions for content creation, management, and delivery. While we acknowledge the potential of ADBE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
19-07-2025
- Business
- Yahoo
Mizuho Securities Reduced the Firm's PT on Adobe Inc. (ADBE), Kept a Sell Rating
Adobe Inc. (NASDAQ:ADBE) is one of the . On July 2nd, Mizuho Securities analyst Gregg Moskowitz reduced the firm's price target from $530 to $280 while keeping a Sell Rating on the stock. The bearish sentiment around the stock comes after Adobe Inc.'s (NASDAQ:ADBE) rival Figma filed its S-1 filing on July 1st. The IPO of Figma is seen as a threat to Adobe's market share. According to Forbes, Figma delivered around $228.2 million in revenue for the first quarter of 2025, reflecting a 46% year-over-year growth. Notably, the net income tripled to 44.9 million, from $13.5 million in Q1 2024. Although this is significantly less compared to Adobe Inc.'s (NASDAQ:ADBE) $5.87 billion revenue and operating income of $2.11 billion as of Q2 2025, it still poses a threat to its market capitalization. A team of engineers and scientists collaborating at a workstation surrounded by their applications and solutions. Adobe Inc. (NASDAQ:ADBE) is a global technology company that creates products and services enabling users to imagine, create, manage, and deliver digital content. While we acknowledge the potential of ADBE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
14-07-2025
- Business
- Yahoo
Redburn Rothschild Downgrades Adobe Inc. (ADBE) to ‘Neutral' Rating; Lowers Price Target
Billionaire Kerr Neilson has bought over $1 million worth of shares in Adobe Inc. (NASDAQ:ADBE), representing 0.06% of his stock portfolio, securing the company a spot in . For Q2 FY25, Adobe Inc. (NASDAQ:ADBE) reported revenue of $5.87 billion, a YoY increase of 11%. Meanwhile, its GAAP EPS grew by 13% to $3.94 per share. Furthermore, the company's Digital Media segment achieved an ARR of 12.1% ($18.09 billion), contributing to record Q2 operating cash flow of $2.19 billion. Despite strong Q2 results, Redburn Rothschild reduced its price target for Adobe Inc. (NASDAQ:ADBE) from $420 to $280, downgrading it to a 'Neutral' rating. This downgrade, which occurred on July 2, 2025, is attributed to the much-anticipated IPO of Figma, which filed an update regarding its IPO offering on July 1, 2025. According to the official announcement, the rival firm has filed a registration on Form S-1 with the U.S. SEC for the proposed IPO of its Class A common stock. This potential IPO of Figma raises concerns around Adobe's competitive position in the market, particularly after its failed $20 billion acquisition of Figma in 2023. Nevertheless, Adobe Inc. (NASDAQ:ADBE) is progressing well and is already ahead of its $250 million AI revenue goal for FY25, thanks to its Firefly and Acrobat AI Assistant tools. Moreover, its full-year guidance remains the same, indicating FY25 EPS of $20.50-$20.70. Adobe Inc. (NASDAQ:ADBE) offers Digital Media and Digital Experience platforms, delivering creative, document, and experience-based solutions to creators, marketers, and enterprises globally. While we acknowledge the potential of ADBE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 7 Best Stocks to Invest in for a Quick Return and 10 Best Cheap Stocks to Buy According to Billionaire Ray Dalio.
Yahoo
03-07-2025
- Business
- Yahoo
BofA Reiterates Buy Rating on Adobe Stock, Keeps PT at $475
Adobe Inc. (NASDAQ:ADBE) is one of the . On June 26, BofA reiterated its Buy rating on Adobe Inc. stock, keeping the price target at $475. Bradley Sills remains optimistic about Adobe's prospects, citing the company's strategic positioning and strong financial results during Q2 2025. The company achieved record revenue of $5.87 billion, up 11% year-over-year and beating estimates by $73.73 million. The company's Digital Media segment recorded $4.35 billion in revenue, indicating a 12% year-over-year growth in ARR. Adobe's AI initiatives, such as Acrobat AI Assistant and Firefly, are massively contributing to revenue, with AI-driven ARR tracking ahead of the $250 million target of 2025. The analyst believes that Adobe Inc. (NASDAQ:ADBE) is in the early stages of the agentic AI cycle, which is expected to improve its competitive edge in the creative professional market. Adobe's growth in AI-influenced products will further strengthen its core offerings and expand its market reach. Sills sees Adobe's commitment to data governance and security to be key for its cloud capabilities and integration with third-party models. Adobe Inc. (NASDAQ:ADBE) is a technology company that offers creator tools and services to individuals, teams, and enterprises to create, publish, and promote content. Adobe is evolving into an AI-driven company through its generative AI tools. While we acknowledge the potential of ADBE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.
Yahoo
02-07-2025
- Business
- Yahoo
Adobe Faces Canva Competition, Expands Firefly AI Tools to Mobile Devices
Adobe Inc. (NASDAQ:ADBE) ranks among the best FAANG stocks to buy according to hedge funds. Citizens JMP analyst firm reaffirmed its Market Perform rating on Adobe Inc. (NASDAQ:ADBE) on June 23 as the software behemoth deals with renewed competition in the market. The rating followed the announcement by privately held rival Canva that it will acquire MagicBrief, an AI-powered ad platform that assists marketers in comprehending and reacting to high-performing content forms and strategies. Copyright: photogearch / 123RF Stock Photo MagicBrief attracted Canva's attention after completing a $1.3 million pre-seed fundraising round in July 2023, which was headed by Blackbird Ventures. Although the acquisition price has not been formally disclosed, Citizens JMP's report indicates that Canva spent about $10 million for MagicBrief. On the other hand, Adobe Inc. (NASDAQ:ADBE) has also advanced in terms of both its financial outlook and product offerings. Notably, the company extended its AI-assisted content creation platform to mobile devices with the release of Firefly for iOS and Android. Features like text-to-image and text-to-video are included in this new software, which also integrates many third-party AI models. The company further reported that Firefly has seen a 30% rise in traffic quarter-over-quarter. Adobe Inc. (NASDAQ:ADBE) is a world leader in software creation, known for its cutting-edge digital media solutions. Its major products, including Photoshop and Acrobat are essential tools for creative sectors and organizations across the globe. While we acknowledge the potential of ADBE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. Read More: and Disclosure: None. Se produjo un error al recuperar la información Inicia sesión para acceder a tu portafolio Se produjo un error al recuperar la información Se produjo un error al recuperar la información Se produjo un error al recuperar la información Se produjo un error al recuperar la información
