Adobe (ADBE) to Announce Quarterly Earnings on Thursday

Adobe (NASDAQ:ADBE) will likely be issuing its Q3 2026 results after the market closes on Thursday, September 10th. Analysts expect Adobe to post earnings of $6.08 per share and revenue of $6.6939 billion for the quarter. Adobe has set its FY 2026 guidance at 24.350-24.450 EPS and its Q3 2026 guidance at 6.050-6.100 EPS. Interested persons can check the company’s upcoming Q3 2026 earning results page for the latest details on the call scheduled for Thursday, September 10, 2026 at 5:00 PM ET.

Adobe (NASDAQ:ADBE) last issued its earnings results on Thursday, June 11th. The software company reported $5.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.82 by $0.14. The firm had revenue of $6.62 billion for the quarter, compared to analysts’ expectations of $6.45 billion. Adobe had a return on equity of 65.11% and a net margin of 28.69%.The company’s revenue was up 12.7% compared to the same quarter last year. During the same quarter last year, the business earned $5.06 earnings per share. On average, analysts expect Adobe to post $20 EPS for the current fiscal year and $22 EPS for the next fiscal year.

Adobe Stock Performance

Shares of ADBE stock opened at $257.26 on Wednesday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.75 and a quick ratio of 0.75. The stock has a market cap of $102.26 billion, a PE ratio of 14.72, a price-to-earnings-growth ratio of 0.93 and a beta of 1.42. The stock has a 50-day moving average of $251.43 and a 200-day moving average of $245.69. Adobe has a one year low of $190.12 and a one year high of $370.86.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on ADBE shares. Citigroup boosted their price objective on shares of Adobe from $228.00 to $301.00 and gave the company a “neutral” rating in a report on Tuesday, September 1st. Robert W. Baird cut their target price on shares of Adobe from $270.00 to $230.00 and set a “neutral” rating on the stock in a report on Friday, June 12th. Sanford C. Bernstein reduced their price target on shares of Adobe from $447.00 to $379.00 and set an “outperform” rating on the stock in a research report on Friday, June 12th. Jefferies Financial Group boosted their price target on shares of Adobe from $230.00 to $285.00 and gave the company a “hold” rating in a report on Sunday, August 30th. Finally, Royal Bank Of Canada upped their price objective on shares of Adobe from $285.00 to $315.00 and gave the company an “outperform” rating in a research report on Wednesday, September 2nd. Seven research analysts have rated the stock with a Buy rating, twenty-one have issued a Hold rating and five have given a Sell rating to the company’s stock. Based on data from MarketBeat, Adobe currently has an average rating of “Hold” and a consensus price target of $279.32.

Insider Buying and Selling

In related news, Director David A. Ricks purchased 10,000 shares of Adobe stock in a transaction dated Thursday, June 25th. The stock was bought at an average price of $194.51 per share, for a total transaction of $1,945,100.00. Following the completion of the acquisition, the director directly owned 17,655 shares of the company’s stock, valued at $3,434,074.05. This represents a 130.63% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Jillian Forusz sold 416 shares of the company’s stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $264.33, for a total transaction of $109,961.28. Following the completion of the transaction, the chief accounting officer owned 3,824 shares of the company’s stock, valued at $1,010,797.92. This trade represents a 9.81% decrease in their position. The SEC filing for this sale provides additional information. 0.20% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Adobe

A number of hedge funds and other institutional investors have recently made changes to their positions in ADBE. Brighton Jones LLC boosted its position in shares of Adobe by 2.1% during the fourth quarter. Brighton Jones LLC now owns 8,068 shares of the software company’s stock worth $3,588,000 after buying an additional 167 shares during the period. Sivia Capital Partners LLC raised its position in Adobe by 25.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 2,394 shares of the software company’s stock valued at $926,000 after buying an additional 486 shares during the last quarter. United Bank lifted its stake in Adobe by 12.8% in the 2nd quarter. United Bank now owns 3,773 shares of the software company’s stock valued at $1,460,000 after acquiring an additional 428 shares in the last quarter. Schnieders Capital Management LLC. lifted its stake in Adobe by 7.8% in the 2nd quarter. Schnieders Capital Management LLC. now owns 2,630 shares of the software company’s stock valued at $1,017,000 after acquiring an additional 190 shares in the last quarter. Finally, Gamco Investors INC. ET AL boosted its position in Adobe by 190.6% during the 2nd quarter. Gamco Investors INC. ET AL now owns 2,764 shares of the software company’s stock worth $1,069,000 after acquiring an additional 1,813 shares during the last quarter. 81.79% of the stock is currently owned by institutional investors and hedge funds.

Adobe News Summary

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe is adding generative AI tools directly to the Premiere video-editing timeline, including features designed to make AI-assisted editing easier for a broader range of users. The update could strengthen Adobe’s competitive position, increase engagement and support new subscription demand. Adobe puts AI generation directly into Premiere’s timeline
• Positive Sentiment: Adobe says nearly nine in 10 creators use AI tools to accelerate business or audience growth, supporting the company’s strategy of embedding generative AI across its creative products. Oppenheimer also expects faster user growth in fiscal Q3, helped by broader adoption of Adobe’s AI offerings. Adobe creator AI adoption report
• Neutral Sentiment: Adobe and Oracle are scheduled to report earnings Thursday. Investors will focus on AI monetization, subscription trends, guidance and evidence that Adobe’s investments are translating into revenue growth. Options markets imply a potentially sizable post-earnings move of roughly 8%, indicating elevated uncertainty. Oracle and Adobe earnings preview
• Neutral Sentiment: Analyst opinions remain divided. RBC has set a $315 price target and some coverage highlights Adobe’s strong subscription momentum, while Mizuho favors Oracle over Adobe ahead of the reports. Investors are also split between the company’s AI opportunity and concerns about valuation and execution.
• Negative Sentiment: Adobe is navigating a leadership change, with Anil Chakravarthy becoming CEO and longtime chief executive Shantanu Narayen moving to executive chair. Commentary about the only prior CEO transition has raised concerns about near-term execution and whether management can maintain momentum during the AI transformation. Adobe CEO transition
• Negative Sentiment: Analysts and investors remain concerned about freemium pressure, rising AI investment, intense competition and the risk that optimistic expectations are already reflected in the stock. A disappointing outlook or slower AI monetization in Thursday’s report could trigger significant selling.

Adobe Company Profile

Adobe Inc (NASDAQ:ADBE) develops software and services used for digital content creation, document management and digital experiences. The company serves creative professionals, marketers, enterprises, educators and consumers worldwide through subscription-based and cloud-enabled products.

Adobe’s Creative Cloud portfolio includes applications such as Photoshop, Illustrator, InDesign, Premiere Pro and After Effects, along with related tools for photography, graphic design, video production and web development.