FMP
Jun 8, 2023 12:11 PM - Davit Kirakosyan
RBC Capital analysts shared their outlook on Adobe Inc. (NASDAQ:ADBE) ahead of the Q2/23 earnings announcement, scheduled on June 15, expecting the company to deliver positive results, continuing the momentum seen at the start of the year.
Particularly, the analysts expect upside from digital media, while the experience cloud is worth monitoring given mixed enterprise results from peers which Adobe has to this point stayed resilient to.
According to the analysts, investor focus remains on two themes, generative AI and the pending close of Figma. The analysts raised their price target to $460 from $415 while reiterating their Outperform rating.
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...