Adobe (ADBE) to Release Earnings on Thursday

Adobe (NASDAQ:ADBE) is anticipated to issue its Q2 2025 quarterly earnings data after the market closes on Thursday, June 12th. Analysts expect the company to announce earnings of $4.96 per share and revenue of $5.80 billion for the quarter.

Adobe (NASDAQ:ADBE) last issued its quarterly earnings data on Wednesday, March 12th. The software company reported $5.08 EPS for the quarter, beating the consensus estimate of $4.97 by $0.11. Adobe had a net margin of 25.85% and a return on equity of 45.87%. The business had revenue of $5.71 billion during the quarter, compared to the consensus estimate of $5.66 billion. During the same quarter in the prior year, the firm earned $4.48 EPS. On average, analysts expect Adobe to post $17 EPS for the current fiscal year and $19 EPS for the next fiscal year.

Adobe Stock Performance

Shares of Adobe stock opened at $416.06 on Wednesday. The company has a market cap of $177.32 billion, a P/E ratio of 33.55, a PEG ratio of 2.15 and a beta of 1.55. Adobe has a 1-year low of $332.01 and a 1-year high of $587.75. The business has a 50-day moving average price of $382.99 and a two-hundred day moving average price of $423.44. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.29.

Analyst Ratings Changes

A number of brokerages recently commented on ADBE. UBS Group increased their price target on Adobe from $380.00 to $430.00 and gave the company a “neutral” rating in a research report on Monday. Redburn Atlantic assumed coverage on Adobe in a research report on Wednesday, February 19th. They set a “neutral” rating on the stock. DA Davidson reduced their target price on Adobe from $600.00 to $450.00 and set a “buy” rating for the company in a research report on Monday, April 14th. Piper Sandler lowered their price target on shares of Adobe from $600.00 to $500.00 and set an “overweight” rating for the company in a research note on Wednesday, April 23rd. Finally, Wells Fargo & Company dropped their target price on shares of Adobe from $600.00 to $430.00 and set an “overweight” rating for the company in a report on Tuesday, April 22nd. Nine equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $503.33.

Insider Buying and Selling at Adobe

In related news, CFO Daniel Durn bought 1,300 shares of the firm’s stock in a transaction on Thursday, March 20th. The stock was bought at an average price of $390.58 per share, with a total value of $507,754.00. Following the purchase, the chief financial officer now directly owns 29,876 shares of the company’s stock, valued at approximately $11,668,968.08. This represents a 4.55% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.16% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Adobe stock. Brighton Jones LLC increased its position in shares of Adobe Inc. (NASDAQ:ADBE) by 2.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,068 shares of the software company’s stock after purchasing an additional 167 shares during the quarter. Brighton Jones LLC’s holdings in Adobe were worth $3,588,000 at the end of the most recent quarter. Institutional investors and hedge funds own 81.79% of the company’s stock.

About Adobe

Adobe Inc, together with its subsidiaries, operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform.