July 14, 2024
Adobe Gears Up For Q3 Print; These Most Correct Analysts Revise Forecasts Forward Of Earnings Name

Adobe Inc. ADBE is predicted to report its monetary outcomes for the third quarter, after the closing bell on Sept. 14, 2023.

Analysts anticipate the corporate to put up quarterly earnings at $3.98 per share, up from year-ago earnings of $3.4 per share. The corporate’s income would possibly are available in at $4.87 billion, in comparison with $4.43 billion within the year-ago interval.

Adobe shares gained 2.1% to shut at $553.56 on Wednesday.

Benzinga readers can entry the most recent analyst scores on the Analyst Inventory Scores web page. Readers can kind by inventory ticker, firm identify, analyst agency, score change or different variables.

Let’s take a look at how Benzinga’s most-accurate analysts have rated the corporate within the current interval.

  • BMO Capital analyst Keith Bachman maintained an Outperform score and boosted the value goal from $600 to $640 on Sept. 12, 2023. This analyst has an accuracy charge of 76%.
  • Jefferies analyst Brent Thill maintained a Purchase score and raised the value goal from $600 to $660 on Sept. 11, 2023. This analyst has an accuracy charge of 74%.
  • Barclays analyst Saket Kalia maintained an Equal-Weight score and elevated the value goal from $540 to $620 on Sept. 8, 2023. This analyst has an accuracy charge of 71%.
  • TD Cowen analyst Derrick Wooden maintained an Outperform score and elevated the value goal from $575 to $600 on Sept. 8, 2023. This analyst has an accuracy charge of 71%.
  • UBS analyst Karl Keirstead maintained a Impartial score and raised the value goal from $525 to $600 on Sept. 6, 2023. This analyst has an accuracy charge of 74%.

 

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