Adobe Systems is a leading software company known for its innovative creative and digital marketing solutions. The company specializes in products that empower individuals and businesses to produce high-quality digital content, including graphic design, video editing, web development, and document management. Its flagship offerings, such as Adobe Photoshop, Illustrator, and Adobe Acrobat, are widely used by professionals across various industries. Additionally, Adobe provides cloud-based services that enhance collaboration and streamline workflows, helping users create, manage, and optimize their digital assets effectively. Through continuous innovation, Adobe remains at the forefront of the digital experience economy, serving customers ranging from freelancers to large enterprises. Read More
Today, Adobe (NASDAQ:ADBE) announced that Newell Brands (NASDAQ:NWL), a leading global consumer goods company, is partnering with Adobe to activate generative AI via Adobe Firefly and Adobe Express—scaling its reach and impact with consumers around the world. Home to over 50 iconic brands including Sharpie®, Rubbermaid®, Coleman® and Yankee Candle®, Newell’s portfolio spans audiences and categories where brand and product awareness are paramount. The company is investing in an omnichannel marketing and content strategy (across social media, e-commerce and more) to deepen its engagement with consumers and retail partners, at a moment when the demand for content is skyrocketing. As part of Newell's investment, the company is expanding its use of Adobe’s content supply chain solutions to optimize its process of delivering impactful marketing campaigns—from planning and content creation to activation and measurement.
According to the Finchat-compiled consensus estimates, the company is widely expected to report adjusted earnings per share of $4.97 and revenue of $5.80 billion.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Adobe (NASDAQ:ADBE) and the best and worst performers in the design software industry.
Nvidia is the driving force behind the AI Revolution, with its chips creating a ripple effect for software giants like Adobe, Salesforce, and ServiceNow. Enterprise AI adoption is expected to accelerate in 2025, making these companies promising investments.
Adobe has gotten torched over the last six months - since December 2024, its stock price has dropped 23.2% to $413.50 per share. This may have investors wondering how to approach the situation.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how design software stocks fared in Q1, starting with Autodesk (NASDAQ:ADSK).
BofA Securities analyst's survey shows lower growth intentions for software spending in 2025 and 2026. Data Analytics, Security, and Public Cloud are top priorities.