Adobe’s Upcoming Q4 Results Preview
<p>RBC Capital provided its outlook on <a href='https://financialmodelingprep.com/financial-summary/ADBE'>Adobe Inc. (NASDAQ:ADBE)</a> ahead of the upcoming Q4/22 results on Dec 15.</p>
<p>Solid Q3 results were largely overshadowed by the announcement of the pending acquisition of Figma which has driven the narrative ever since. The analysts view Q4 results as an opportunity to address concerns around both the durability of the experience cloud and competitive positioning within creative. The analysts expect minimal updates to fiscal 2023 expectations and maintain their Outperform rating and $395 price target.</p>
<p>The analysts expect a slight upside to Digital new media ARR vs. consensus of $551.2 million and guidance of $550 million, total revenue vs. consensus of $4.527 billion and guidance of $4.520 billion, and EPS vs. consensus of $3.50.</p>

NASDAQ:ADBE