ADBE Tshuag: Adobe Falls On Mixed Report, Acquisition

Digital media thiab lag luam software ruaj khov Tsev av (ADBE) nyob rau hnub Thursday topped Wall Street cov nyiaj tau los lub hom phiaj rau nws cov nyiaj txiag peb lub hlis twg tab sis kev muag khoom yog tad hauv qab views. Nws kuj tau tshaj tawm qhov kev pom zoo kom tau txais Figma, lub vev xaib ua ntej kev sib koom tes tsim, rau txog $ 20 nphom. ADBE Tshuag poob los ntawm ob tus lej ntawm cov xov xwm.

X

Lub tuam txhab San Jose, Calif.-raws li tau txais kev hloov kho $ 3.40 ib feem ntawm kev muag khoom ntawm $ 4.43 nphom hauv lub quarter kawg lub Cuaj Hlis 2. Cov kws tshuaj ntsuam xyuas los ntawm FactSet xav tias Adobe cov nyiaj tau los ntawm $ 3.35 ib feem ntawm kev muag $ 4.44 billion. Raws li ib xyoos dhau ib xyoos, Adobe cov nyiaj tau los tau nce 9% thaum muag khoom nce 13%.

Rau lub quarter tam sim no, Adobe kwv yees kho cov nyiaj tau los ntawm $ 3.50 ib feem ntawm kev muag khoom ntawm $ 4.52 billion. Cov kws tshuaj ntsuam xyuas tau nrhiav cov nyiaj tau los ntawm $ 3.47 ib feem ntawm kev muag khoom ntawm $ 4.6 nphom hauv lub quarter thib plaub. Hauv lub xyoo dhau los, Adobe khwv tau $ 3.20 ib feem ntawm kev muag khoom ntawm $ 4.11 nphom.

Tsis tas li ntawd, Adobe tau hais tias nws tab tom yuav Figma, uas ua rau lub platform tsim rau pab pawg uas tsim cov khoom ua ke. Adobe cia siab tias cov nyiaj ntsuab-thiab-cov khoom lag luam yuav raug kaw nyob rau xyoo 2023, tseem tos cov kev pom zoo thiab lwm yam kev kaw.

ADBE Tshuag poob

Nyob rau Tshuag lag luam hnub no, ADBE Tshuag poob 16.8% rau kaw ntawm 309.13. ADBE Tshuag tam sim no ua lag luam ntawm nws qib qis tshaj hauv ntau tshaj ob xyoos.

"Fueled los ntawm peb cov thev naus laus zis thev naus laus zis, taug qab cov ntaub ntawv ntawm kev tsim thiab ua cov pawg thiab kev ua tiav zoo ib yam, Adobe tau xa lwm lub quarter rau cov ntaub ntawv," Tus Thawj Coj Shantanu Narayen tau hais hauv ib tsab ntawv. xov xwm tso tawm. "Nrog rau kev tshaj tawm ntawm peb lub hom phiaj kom tau txais Figma, peb ntseeg tias peb muaj lub sijhawm tshwj xeeb los coj mus rau lub sijhawm tshiab ntawm kev sib koom tes muaj tswv yim."

Figma cia siab tias yuav muab ob npaug rau nws cov nyiaj tau los txhua xyoo rov qab rau xyoo no rau ntau dua $ 400 lab. Figma muaj cov txiaj ntsig zoo ntawm kev ua haujlwm thiab cov paj tau paj tag nrho txog 90%, raws li a xov xwm tso tawm.

Adobe tau xaus nws cov nyiaj txiag peb lub hlis twg nrog cov nyiaj tau los txhua xyoo ntawm $ 13.4 nphom hauv nws cov lag luam Digital Media. Digital Media suav txog 73% ntawm Adobe qhov muag hauv lub sijhawm.

Figma Deal overpriced?

Adobe's Figma tau txais "zoo li pricey," Jefferies kws tshuaj ntsuam Brent Thill tau hais hauv tsab ntawv rau cov neeg siv khoom. Nws tau hais tias qhov kev cog lus yuav tau txais txiaj ntsig zoo hauv thawj ob xyoos thiab nruab nrab hauv xyoo peb, nws hais. Thill tus nqi ADBE Tshuag raws li yuav nrog tus nqi phiaj ntawm 475.

"Txawm hais tias Figma tuaj yeem ua pov thawj kev hloov pauv xws li hauv kev ua lag luam yav dhau los (xws li, Macromedia), lub sijhawm them rov qab yog xyoo dhau los ntawm kev nqis peev sau tseg," Thill tau hais.

Lub Figma deal yog Adobe qhov kev yuav khoom loj tshaj plaws. Nws yog plaub zaug loj dua li $ 4.75 nphom nws tau them rau Marketo thaum Lub Kaum Hli 2018.

Adobe tuaj yeem ntsib cov teeb meem kev tswj hwm thiab kev tawm tsam los ntawm Figma cov neeg siv khoom, Scott Kessler, tus kws tshuaj ntsuam xyuas ntawm Third Bridge, tau hais hauv tsab ntawv rau cov neeg siv khoom. Nws tau hais tias "Peb yuav pom tias muaj kev cuam tshuam dab tsi," nws hais.

Kev sib xyaw ua ke ntawm Figma thiab Adobe cov cuab yeej cuab tam yuav ua rau "lub sijhawm tshiab ntawm kev tsim khoom tsim tau zoo," Tus Thawj Saib Xyuas Nyiaj Txiag Dan Durn hais rau IBD. "Qhov no yog kev hloov pauv kev ua si rau peb."

Adobe tau "deinvesting" hauv cov khoom sib tw, Adobe XD, rau 12 txog 18 lub hlis dhau los, Durn tau hais. XD yog cov khoom lag luam raws li desktop vs. Figma cov khoom siv hauv web.

Adobe Stock Downgraded

Nyuam qhuav pib lub lim tiam no, ob lub tuam txhab Wall Street tau txo qis ADBE cov khoom lag luam ua ntej lub tuam txhab cov nyiaj tau los. Mizuho Kev Ruaj Ntseg tau txo qis nws qhov ntsuas ntawm Adobe mus rau nruab nrab ntawm kev yuav khoom hnub Monday. Thiab BMO Capital Markets txo qis Adobe mus rau kev ua lag luam, lossis nruab nrab, los ntawm kev ua tau zoo, lossis yuav.

Mizuho tau sau tseg qhov kev muag khoom nyuaj rau Adobe. BMO hais txog cov txiaj ntsig kev tshawb fawb thiab kev muag khoom tawm tswv yim uas pom tias tsis muaj zog hauv Adobe's Creative Cloud lag luam.

Ua raws li Patrick Seitz ntawm Twitter ntawm @IBD_PSeitz rau cov dab neeg ntxiv ntawm cov neeg siv khoom thev naus laus zis, software thiab cov khoom lag luam semiconductor.

KOJ UA LI CAS:

Nrhiav Cov Khoom Noj Zoo Tshaj Niaj Hnub No Kom Tau Saib Nrog IBD 50

Nrhiav Rau Cov Tom Qab Loj Cov Khoom Lag Luam Loj Tshaj? Pib Nrog 3 Kauj Ruam No

Kawm Yuav Sij Hawm Li Cas Kev Ua Lag Luam Nrog IBD Txoj Kev Lag Luam Li ETF

Saib Cov Khoom Pov Tseg Hauv Cov Npe Ntawm Cov Thawj Coj Nyob Ze Ntawm Qhov Yuav Tsum Tau

MarketSmith: Tshawb Fawb, Cov Ntawv Cim, Cov Ntaub Ntawv Thiab Qhia Hauv Ib Qhov Chaw