Adobe Q1 Earnings: Stuck In No Man's Land, Not For Me
For context, this time last year, in fiscal Q1 2024, Adobe's balance sheet held $3.1 billion of net cash. Today, its net cash position stands at $1.2 billion. So, they've used more than 100% of their free cash flow to repurchase shares, and these shares are still falling in price.
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Why Adobe (ADBE) Shares Are Getting Obliterated TodayWhat Happened? Shares of creative software maker Adobe (NASDAQ:ADBE) fell 13.2% in the morning session after the company ...
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In the last three months, 21 analysts have published ratings on Adobe (NASDAQ:ADBE), offering a diverse range of perspectives from bullish to bearish. The following table encapsulates their recent ...
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