Adobe Downgrades Revenue Growth Outlook Amid AI Focus

Adobe Inc. has lowered its revenue growth forecast for the current quarter, stating that sales will range from $5.77 billion to $5.82 billion, below analyst expectations of $5.8 billion. The company’s focus on monetizing its generative artificial intelligence features has been underway in recent times. Profit is expected to be between $4.95 and $5 per share, slightly lower than the average projection of $5.

Source: https://www.bloomberg.com/news/articles/2025-03-12/adobe-gives-tepid-revenue-outlook-with-focus-on-ai-tools