Earnings calendar of the week 09Sep24 - Is Adobe a buy?-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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Earnings calendar of the week 09Sep24 - Is Adobe a buy?

KYHBKO
09-09

Earnings Calendar (09Sep24)

Q3/2024 starts and a few earnings are coming in the coming week.

There are some earnings of interest in the coming week namely, Oracle, Gamestrop and Adobe.

Let us look at Adobe in detail.

Observations:

Revenue grew from $4.147B (2014) to $19.409B (2023), almost 5x.
The average gross profit is 86.4% (10-Yr Median margin)
Operating profit grew from $433M (2014) to $6,650M (2023)
EPS grew from $0.53 (2014) to $11.82 (2023).

Investing dot com has a recommended “BUY” rating from their technical analysis and analysts’ sentiment.

The price has remained the same from a year ago. The P/E ratio is 50.34 and seems to be a tad expensive.

For the coming earnings, the forecast EPS and Revenue are 4.53 and $5.37B respectively. Personally, Adobe is a good company but I prefer to monitor for now. There are new threats in AI and there is a chance that Adobe can maintain a strong lead using AI. It will be interesting how things unfold.

$S&P 500(.SPX)$

# AI Boost: Will Adobe Return to $600?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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EmilyMark
·09-09
TOP
I agree, Adobe is a strong company with impressive growth and solid financials.
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- KYHBKO:
  thanks for sharing.
  09-10
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dimzy5
·09-09
Wait and see.
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- KYHBKO:
  good suggestion too.
  09-10
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Analysts believe this should ease concerns about competition from other generative AI tools.\n----------------\nWhat's your target price for Adobe?\nCan Adobe return to $600?\n\n\n\n\n","image":"https://community-static.tradeup.com/news/239c90a6b70883866b0c68d00da55453"}],"images":[{"img":"https://community-static.tradeup.com/news/54b3d79a049da68c811b6de36a0c9989","width":"1170","height":"658"},{"img":"https://community-static.tradeup.com/news/c398a1c9176f31827eb9d3c28f90fd78","width":"1456","height":"835"},{"img":"https://community-static.tradeup.com/news/5ada30cc8cbcddae1bf25315d86c53c6","width":"1456","height":"899"},{"img":"https://community-static.tradeup.com/news/6450d240144629375439822023d91651","width":"1456","height":"608"},{"img":"https://community-static.tradeup.com/news/976eefac709ca4997f4fae7b811c516f","width":"1222","height":"1298"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/54b3d79a049da68c811b6de36a0c9989","width":"1170","height":"658"},{"img":"https://community-static.tradeup.com/news/c398a1c9176f31827eb9d3c28f90fd78","width":"1456","height":"835"},{"img":"https://community-static.tradeup.com/news/5ada30cc8cbcddae1bf25315d86c53c6","width":"1456","height":"899"}],"title":"Earnings calendar of the week 09Sep24 - Is Adobe a buy?","html":"<html><head></head><body><h2>Earnings Calendar (09Sep24)</h2>\n<p style=\"text-align: left;\">Q3/2024 starts and a few earnings are coming in the coming week.</p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/54b3d79a049da68c811b6de36a0c9989\" tg-width=\"1170\" tg-height=\"658\"></p>\n<p style=\"text-align: left;\">There are some earnings of interest in the coming week namely, Oracle, Gamestrop and Adobe.</p>\n<p style=\"text-align: left;\"></p>\n<p style=\"text-align: left;\">Let us look at Adobe in detail.</p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c398a1c9176f31827eb9d3c28f90fd78\" tg-width=\"1456\" tg-height=\"835\"></p>\n<p style=\"text-align: left;\">Observations:</p>\n<ul>\n <li><p>Revenue grew from $4.147B (2014) to $19.409B (2023), almost 5x.</p></li>\n <li><p>The average gross profit is 86.4% (10-Yr Median margin)</p></li>\n <li><p>Operating profit grew from $433M (2014) to $6,650M (2023)</p></li>\n <li><p>EPS grew from $0.53 (2014) to $11.82 (2023).</p></li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5ada30cc8cbcddae1bf25315d86c53c6\" tg-width=\"1456\" tg-height=\"899\"></p>\n<p style=\"text-align: left;\">Investing dot com has a recommended “BUY” rating from their technical analysis and analysts’ sentiment.</p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6450d240144629375439822023d91651\" tg-width=\"1456\" tg-height=\"608\"></p>\n<p style=\"text-align: left;\">The price has remained the same from a year ago. The P/E ratio is 50.34 and seems to be a tad expensive.</p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/976eefac709ca4997f4fae7b811c516f\" tg-width=\"1222\" tg-height=\"1298\"></p>\n<p style=\"text-align: left;\">For the coming earnings, the forecast EPS and Revenue are 4.53 and $5.37B respectively. Personally, Adobe is a good company but I prefer to monitor for now. There are new threats in AI and there is a chance that Adobe can maintain a strong lead using AI. It will be interesting how things unfold.</p>\n<p></p>\n<p> <a href=\"https://ttm.financial/U/9000000000000149\">@TigerStars</a> </p>\n<p> <a href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a> </p>\n<p> <a href=\"https://ttm.financial/S/ADBE\">$Adobe(ADBE)$</a> </p></body></html>","htmlText":"<html><head></head><body><h2>Earnings Calendar (09Sep24)</h2>\n<p style=\"text-align: left;\">Q3/2024 starts and a few earnings are coming in the coming week.</p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/54b3d79a049da68c811b6de36a0c9989\" tg-width=\"1170\" tg-height=\"658\"></p>\n<p style=\"text-align: left;\">There are some earnings of interest in the coming week namely, Oracle, Gamestrop and Adobe.</p>\n<p style=\"text-align: left;\"></p>\n<p style=\"text-align: left;\">Let us look at Adobe in detail.</p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c398a1c9176f31827eb9d3c28f90fd78\" tg-width=\"1456\" tg-height=\"835\"></p>\n<p style=\"text-align: left;\">Observations:</p>\n<ul>\n <li><p>Revenue grew from $4.147B (2014) to $19.409B (2023), almost 5x.</p></li>\n <li><p>The average gross profit is 86.4% (10-Yr Median margin)</p></li>\n <li><p>Operating profit grew from $433M (2014) to $6,650M (2023)</p></li>\n <li><p>EPS grew from $0.53 (2014) to $11.82 (2023).</p></li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5ada30cc8cbcddae1bf25315d86c53c6\" tg-width=\"1456\" tg-height=\"899\"></p>\n<p style=\"text-align: left;\">Investing dot com has a recommended “BUY” rating from their technical analysis and analysts’ sentiment.</p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6450d240144629375439822023d91651\" tg-width=\"1456\" tg-height=\"608\"></p>\n<p style=\"text-align: left;\">The price has remained the same from a year ago. The P/E ratio is 50.34 and seems to be a tad expensive.</p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/976eefac709ca4997f4fae7b811c516f\" tg-width=\"1222\" tg-height=\"1298\"></p>\n<p style=\"text-align: left;\">For the coming earnings, the forecast EPS and Revenue are 4.53 and $5.37B respectively. Personally, Adobe is a good company but I prefer to monitor for now. There are new threats in AI and there is a chance that Adobe can maintain a strong lead using AI. It will be interesting how things unfold.</p>\n<p></p>\n<p> <a href=\"https://ttm.financial/U/9000000000000149\">@TigerStars</a> </p>\n<p> <a href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a> </p>\n<p> <a href=\"https://ttm.financial/S/ADBE\">$Adobe(ADBE)$</a> </p></body></html>","text":"Earnings Calendar (09Sep24) Q3/2024 starts and a few earnings are coming in the coming week. There are some earnings of interest in the coming week namely, Oracle, Gamestrop and Adobe. Let us look at Adobe in detail. Observations: Revenue grew from $4.147B (2014) to $19.409B (2023), almost 5x. The average gross profit is 86.4% (10-Yr Median margin) Operating profit grew from $433M (2014) to $6,650M (2023) EPS grew from $0.53 (2014) to $11.82 (2023). Investing dot com has a recommended “BUY” rating from their technical analysis and analysts’ sentiment. The price has remained the same from a year ago. The P/E ratio is 50.34 and seems to be a tad expensive. For the coming earnings, the forecast EPS and Revenue are 4.53 and $5.37B respectively. Personally, Adobe is a good company but I prefer to monitor for now. There are new threats in AI and there is a chance that Adobe can maintain a strong lead using AI. It will be interesting how things unfold. @TigerStars $S&P 500(.SPX)$ $Adobe(ADBE)$","highlighted":1,"essential":1,"paper":2,"likeSize":67,"commentSize":4,"repostSize":6,"favoriteSize":0,"link":"https://ttm.financial/post/347291723616488","repostId":0,"isVote":1,"tweetType":1,"viewCount":484,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[".SPX","ADBE"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":833,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":347405658288448,"commentId":"347405658288448","gmtCreate":1725845252047,"gmtModify":1725870212101,"authorId":9000000000000600,"author":{"id":9000000000000600,"idStr":"9000000000000600","authorId":9000000000000600,"name":"EmilyMark","avatar":"https://static.tigerbbs.com/3e323dbbc6c94364b37b3a4181851cf0","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":347291723616488,"objectIdStr":"347291723616488","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"I agree, Adobe is a strong company with impressive growth and solid financials.","text":"I agree, Adobe is a strong company with impressive growth and solid financials.","html":"I agree, Adobe is a strong company with impressive growth and solid financials.","likeSize":1,"commentSize":1,"subComments":[{"id":347576373596512,"commentId":"347576373596512","gmtCreate":1725898511816,"gmtModify":1725898516548,"authorId":3574381076586256,"author":{"id":3574381076586256,"idStr":"3574381076586256","authorId":3574381076586256,"name":"KYHBKO","avatar":"https://static.tigerbbs.com/c3bcbc7f9a10836dea92afc94bf39b5b","vip":2,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 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sharing."}],"verified":10,"allocateAmount":0,"commentType":"hot","coins":0,"score":0},{"id":347406015946960,"commentId":"347406015946960","gmtCreate":1725845250942,"gmtModify":1725870212224,"authorId":9000000000000187,"author":{"id":9000000000000187,"idStr":"9000000000000187","authorId":9000000000000187,"name":"dimzy5","avatar":"https://static.tigerbbs.com/c05637de10fca666e37d2c570e52012a","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":347291723616488,"objectIdStr":"347291723616488","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Wait and see.","text":"Wait and see.","html":"Wait and see.","likeSize":1,"commentSize":1,"subComments":[{"id":347576404447584,"commentId":"347576404447584","gmtCreate":1725898519344,"gmtModify":1725898524014,"authorId":3574381076586256,"author":{"id":3574381076586256,"idStr":"3574381076586256","authorId":3574381076586256,"name":"KYHBKO","avatar":"https://static.tigerbbs.com/c3bcbc7f9a10836dea92afc94bf39b5b","vip":2,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":0,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.11.22","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"},"individualDisplaySort":0,"categoryType":2007}]},"repliedAuthorId":0,"objectId":347291723616488,"objectIdStr":"347291723616488","type":1,"supId":347406015946960,"supIdStr":"347406015946960","prevId":0,"prevIdStr":"0","content":"good suggestion too.","text":"good suggestion too.","html":"good suggestion too."}],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}