Adobe: After Boosting Guidance, Is Its Beaten-Down Stock Ready to Break Out?

Despite yet another solid quarter and raised guidance, Adobe's (NASDAQ: ADBE) stock once again failed to gain much traction after earnings. The stock is down about 20% on the year, and has fallen 25% over the past five years.Let's take a close look at Adobe's results and prospects to see whether its stock can finally break out.Adobe continues to embed artificial intelligence (AI) across its products to help fuel growth. While it developed its own generative AI model, Firefly, it's also adding third-party models and products to its platform, including Alphabet's Gemini model and Veo 2 video generator.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool