There's also nothing wrong with Adobe's valuation on a backward-looking basis. With almost $7.9 billion in FCF generated in 2024, Adobe trades on 24.6 times 2024 FCF. That's not expensive for a ...
2024 Photoshop maker Adobe forecast fiscal 2025 revenue below Wall Street estimates on Wednesday, suggesting the company's investments to weave AI into its software applications were taking longer ...
Adobe Inc. on late Wednesday forecast weaker sales for the next year, clouding otherwise better earnings and making investors worry anew about its prospects amid rising competition in the ...
The company plans to reveal in the coming months how it intends to incorporate the technology, he said. As Adobe is based in California, Durn and I also discussed the recent wildfires.
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