From Nasdaq: 2025-03-07 11:58:00

Adobe is set to report its first-quarter fiscal 2025 results on March 12. Revenue projections range between $5.63 billion and $5.68 billion, with earnings expected to be between $4.95 and $5 per share. The Zacks Consensus Estimate for revenues is $5.65 billion, while earnings are expected to be $4.97 per share.

For the first quarter of fiscal 2025, Adobe expects Digital Media segment revenues to be between $4.17 billion and $4.2 billion. The Zacks Consensus Estimate for this segment is $4.18 billion, with further growth expected in Creative Cloud and Document Cloud revenues.

Factors such as Adobe’s strong Generative AI (GenAI) portfolio and partnerships with industry giants like Amazon, Microsoft, and Alphabet are likely to drive growth in the first quarter. The company’s innovative products and integrations with popular apps are expected to enhance customer experiences and increase market reach.

Despite Adobe’s strong portfolio and partner base, its shares have lagged behind the sector in the past year, declining by 20%. The stock’s performance indicates a bearish trend, with technical indicators showing a downward trajectory. However, the company’s prospects remain positive due to the demand for its creative products and expanding AI offerings.

Adobe shares are currently trading below the 200-day moving average, suggesting a hold position for investors. The company’s Zacks Rank of #3 indicates a neutral stance, with potential opportunities for accumulation in the future. Investors can explore other top stock picks for 2025 to diversify their portfolio and maximize returns.



Read more at Nasdaq: Buy, Sell, or Hold Adobe Stock? Key Tips Ahead of Q1 Earnings