Target price slashed to $315! Citi expects Adobe (ADBE.US) Q1 earnings to be "flat," market closely watches whether AI can provide a breakthrough
Show original
Analyst Tyler Radke noted in the report that Adobe's first quarter performance is expected to be "lackluster," and there is little room for an upward revision in the overall outlook for fiscal year 2026. Based on the general compression of valuation multiples in the software industry and concerns about Adobe's profitability, Citi has significantly lowered Adobe's target price from $387 to $315 and maintained a "neutral" rating.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
G7 statement: "Ready at any time" to release oil reserves if necessary
Odaily星球日报•2026/03/09 15:17
US February New York Fed 1-Year Inflation Expectation Drops to 3%
Chaincatcher•2026/03/09 15:13
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$69,040.53
+2.69%
Ethereum
ETH
$2,024.54
+4.19%
Tether USDt
USDT
$1
+0.01%
BNB
BNB
$636.45
+3.11%
XRP
XRP
$1.36
+1.19%
USDC
USDC
$1
+0.01%
Solana
SOL
$85.15
+3.59%
TRON
TRX
$0.2850
-1.20%
Dogecoin
DOGE
$0.09137
+2.86%
Cardano
ADA
$0.2564
+2.35%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now