Why Did Adobe Stock Crash After Earnings? | Buy The Dip?

In this video, I will go over Adobe stock first-quarter earnings report. Is ADBE stock a buy now?
👉A portion of this video is sponsored by The Motley Fool.

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DISCLAIMER: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment, or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read and/or view here.

[cosmicg]

I love the way you present your content. It's very simple and to the point. Great vid!

[weho_brian]

beat on earnings, light on guidance, down 10-15%. Basically every stock in my portfolio right now

[yurkomas]

Thanks, Neil, for the summary.
Added more on Sora announcement, will add more now.

[vonstev]

Their guidance was .01 below expectations. Too funny how much Wall Street overreacts.

[geolykos]

I did think Adobe was expensive the past year. Bought some today.

[johnt]

Yikes, I just lost a lot of money today on ADBE. But did make some on the call options I sold. Yes, I will be holding this for a while, or at least until it moves 10% up. :)

[MrGurgeh]

Thats my entry point. EPS of 20 on 20y, Adobe is never on its intrinsec value but this is his historical average and I believe i am ok to reinforce if she goes down.

[SimpleLegends]

Hey bud, you work for the motley fool? I noticed your video highlighted in their article

[eaviram]

As a creative and a long time Adobe product user my heart skipped a beat. So excited for the future (and yes, figuring out when to buy Adobe)!

[darrenprior]

This was a very informative video. Thank you. However, I still cannot tell if Adobe is a company that is going to thrive with Ai or die from it. Would love to hear others opinions. From the outside in there doesn't seem to be much that ADBE can do that cannot ultimately be done by ChapGPT in a few years - perhaps less. Am I wrong?

[JustStartingOut-ntve]

I bought a couple of shares of ADBE yesterday and given the small position, I think I will do ok. However, after doing some research on AI applications, I can see why ADBE has tanked. I think AI will bring as big changes to our lives as PC did if not bigger? When PC was becoming popular, typewriters were still common, but they were eventually replaced by word processors. Similarly, I think AI will significantly change the way we create documents and videos.

[eversunnyguy]

Lost big time on Adobe...hopefully it is a good buying opp. The earnings were good but don't know why it got hammered like this ...the guidance is not that bad either.

[basshiko]

Buyback would have made more sense a year ago. Now I don't like them buying a lot of shares at these multiples.

[wendy-mz]

Thank you for this video!! Adobe, although an amazing co seems like the co. that gets the least coverage of any co in their league something i never understood. That being said i am a little bit surprised that after a great earnings report it is getting sold off? I guess i shouldn't be surprised as I have seen this happen before (even Nvdia i believe sold off a bit after blowing earnings out of the ballpark) I will ad this.. My daughter has a BFA in graphic design.. She is young & wildly successful.. She told me she WOULD NOT & COULD NOT do what she does without Adobe & Apple. I choose to ignore all of this & just continue to own it... NOT listening to negativity from many who simply do not get it has served me well. Perhaps they will catch on & realize Adobe (& Apple) are on sale now... IF you like being invested in Amazing co's looking toward the future!!! I think Adobe is DEF a buy now but to each his/her own.

[RoTelnCheese]

Decent company, extremely rich valuation right now but a good long term hold if you’re going to live another 5 decades.

[alexp]

There is so much FUD in the general market place

[AnnoyinglyLongName]

Adobe is one of those tech stocks that’s so big and established only a dividend would probably sway me into entering.

[armstead]

man that portfolio you started recently didnt have the best timing...

[Scaythedhyponeros]

Oh god another one Interesting but we can't kiss all the girls, on my watching list! By the way how much of your portfolio do you keep in cash in those days?

[PonziZombieKiller]

It's all gunna crash like a mofo 😮