Adobe Shares Sink Despite Record Revenue. Should Investors Buy the Stock on the Dip?

Despite posting record revenue to close out its fiscal year ended Nov. 29, shares of Adobe (NASDAQ: ADBE) were sinking as investors were disappointed with the company's guidance. Adobe has been at the forefront of generative artificial intelligence (AI) with both its Creative Cloud suite of products that includes Photoshop, and with its Document Cloud business featuring Acrobat. However, its monetization strategy related to AI has been a bit behind.With its latest dip, the stock is now down about 18% year to date as of this writing. Let's take a close look at its results to see if this is a buying opportunity for investors going into 2025.Adobe closed out its fiscal year showing solid growth, with revenue increasing 11% to $5.61 billion. That was solidly ahead of its prior guidance calling for revenue of between $5.5 billion to $5.55 billion. Its adjusted earnings per share (EPS), meanwhile, jumped nearly 13% to $4.81, ahead of its $4.63 to $4.68 forecast.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool