Adobe ADBE reported fourth-quarter results that exceeded both the top end of guidance and our expectations, including revenue and non-GAAP earnings per share. On the surface, the outlook for fiscal ...

Adobe's shares have seen significant appreciation right before and after its latest earnings report. Since EPS and revenue results were in-line, it appears to be due to forward-looking bullishness.

Adobe's stock has fallen by more than 20% over the past year, even as fundamentals improved, and there is a good reason for that. Contrary to popular opinion, the stock is not significantly ...