Adobe's stock fell after weak second-quarter guidance
Adobe reported its first quarter earnings for fiscal year 2025, and the results were mixed. While the company exceeded expectations for revenue and non-GAAP earnings per share, its guidance for the second quarter was lower than anticipated. This news led to a nearly 14% drop in Adobe's stock. Despite the downturn, Adobe's growth appears to remain strong overall. However, analysts are noting a slowdown in growth compared to previous periods. They believe the company may need to stabilize its growth to maintain investor confidence.