Adobe Shares Are Falling Today: What's Going On?
Adobe Shares Are Falling Today: What's Going On?
Adobe Inc. (NASDAQ:ADBE) shares are trading lower Friday. The company reported its fourth-quarter results on Wednesday. Here's what you need to know.
Adobe公司（纳斯达克：ADBE）的股票在周五交易中下跌。该公司在周三公布了第四季度业绩。以下是您需要了解的信息。
What To Know: On Wednesday, Adobe reported fourth-quarter revenue of $5.61 billion, beating the $5.54 billion consensus. Adjusted earnings were $4.81 per share, above the $4.66 estimate. This marks Adobe's eighth consecutive quarter of beating expectations. Total revenue grew 11% year-over-year, with Digital Media and Digital Experience revenues up 12% and 10%, respectively. Remaining performance obligations (RPO) rose 16% to $19.96 billion. Operating cash flow was $2.92 billion and 4.6 million shares were repurchased during the quarter according to Benzinga Pro.
了解详情：在周三，Adobe报告了第四季度营业收入为56.1亿人民币，超过了55.4亿人民币的预期。调整后的每股收益为4.81美元，超出预期的4.66美元。这是Adobe连续第八个季度超出预期。总营业收入同比增长11%，数字媒体和数字体验的收入分别增长12%和10%。剩余业绩义务（RPO）增长了16%，达到了199.6亿人民币。根据Benzinga Pro的数据，运营现金流为29.2亿人民币，季度内回购了460万股。
CEO Shantanu Narayen highlighted record fiscal 2024 revenue and the importance of Adobe's cloud platforms in the AI economy.
首席执行官Shantanu Narayen强调了2024财年的创纪录收入以及Adobe的云平台在人工智能经济中的重要性。
Guidance: Revenue is projected between $23.3 billion and $23.55 billion, below the $23.79 billion consensus. Adjusted earnings per share are expected to range from $20.20 to $20.50, slightly below the $20.55 estimate. First-quarter revenue guidance of $5.63 billion to $5.68 billion also missed the $5.73 billion consensus. Management pointed to lower pricing benefits, delayed monetization of generative AI solutions and foreign exchange headwinds as factors weighing on growth.
指导：预计营业收入在233亿人民币到235.5亿人民币之间，低于237.9亿人民币的预期。调整后的每股收益预计在20.20美元到20.50美元之间，略低于20.55美元的预期。第一季度预计营业收入在56.3亿人民币到56.8亿人民币之间，也低于57.3亿人民币的预期。管理层指出，价格优惠降低、生成性人工智能解决方案的货币化延迟以及汇率期货的不利因素是影响增长的因素。
Analysts Ratings:
分析师评级：
- Piper Sandler: Brent Bracelin maintained an Overweight rating but lowered the price target from $635 to $600.
- Oppenheimer: Brian Schwartz reiterated an Outperform rating with a reduced price target of $600.
- Goldman Sachs: Kash Rangan reaffirmed a Buy rating and $640 price target.
- KeyBanc Capital Markets: Jackson Ader maintained an Underweight rating and $450 price target.
- RBC Capital Markets: Matthew Swanson lowered the price target from $610 to $590 while maintaining an Outperform rating.
- UBS: Reduced its price target to $525 with a Neutral rating.
- Barclays: Adjusted its price target to $645, maintaining an Overweight rating.
- Bernstein: Cut its price target to $587, reiterating an Outperform rating.
- DA Davidson: Revised its target to $625 while retaining a Buy rating.
- 派杰投资：Brent Bracelin维持了增持评级，但将目标价格从635美元下调至600美元。
- 奥本海默：Brian Schwartz重申了跑赢大盘评级，并将目标价格下调至600美元。
- 高盛：Kash Rangan重申了买入评级，目标价格为640美元。
- KeyBanc 资本市场：Jackson Ader 维持了减持评级和450美元的目标价。
- RBC 资本市场：Matthew Swanson 将目标价从610美元下调至590美元，同时维持跑赢大盘评级。
- 瑞士银行：将其目标价降低到525美元，并维持中立评级。
- 巴克莱银行：将其目标价调整为645美元，维持超配评级。
- Bernstein：将其目标价削减至587美元，重申超配评级。
- DA Davidson：将目标价修订为625美元，同时保持买入评级。
ADBE Price Action: Adobe shares were down 3.47% at $458.18 at the time of writing, according to Benzinga Pro.
ADBE 股价动态：根据 Benzinga Pro，Adobe 股份在撰写时下跌了3.47%，报458.18美元。
Image via Shutterstock.
图片由shutterstock提供。
