Adobe (ADBE) Projected to Post Quarterly Earnings on Thursday

Adobe (NASDAQ:ADBE) will likely be posting its Q3 2026 results after the market closes on Thursday, September 10th. Analysts expect the company to announce 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. Investors can find conference call details on the company’s upcoming Q3 2026 earning report for the latest details on the call scheduled for Thursday, September 10, 2026 at 5:00 PM ET.

Adobe (NASDAQ:ADBE) last issued its quarterly earnings data on Thursday, June 11th. The software company reported $5.96 earnings per share for the quarter, beating analysts’ consensus estimates of $5.82 by $0.14. The company had revenue of $6.62 billion for the quarter, compared to the consensus estimate of $6.45 billion. Adobe had a return on equity of 65.11% and a net margin of 28.69%.The firm’s revenue for the quarter was up 12.7% compared to the same quarter last year. During the same quarter last year, the company 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 Adobe stock opened at $266.51 on Tuesday. The company has a 50 day moving average price of $250.39 and a 200 day moving average price of $245.73. The firm has a market capitalization of $105.94 billion, a P/E ratio of 15.25, a PEG ratio of 0.93 and a beta of 1.42. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.42. Adobe has a 52 week low of $190.12 and a 52 week high of $370.86.

Insider Activity

In other news, CAO Jillian Forusz sold 416 shares of Adobe stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $264.33, for a total value of $109,961.28. Following the sale, the chief accounting officer directly owned 3,824 shares of the company’s stock, valued at $1,010,797.92. The trade was a 9.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director David A. Ricks purchased 10,000 shares of the company’s stock in a transaction that occurred on Thursday, June 25th. The shares were purchased at an average price of $194.51 per share, with a total value of $1,945,100.00. Following the completion of the transaction, 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 position. The disclosure for this purchase is available in the SEC filing. 0.20% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Adobe

A number of large investors have recently modified their holdings of the business. SWAN Capital LLC lifted its stake in shares of Adobe by 43.1% in the third quarter. SWAN Capital LLC now owns 103 shares of the software company’s stock worth $36,000 after buying an additional 31 shares in the last quarter. Logan Capital Management Inc. raised its holdings in Adobe by 0.3% in the 3rd quarter. Logan Capital Management Inc. now owns 9,789 shares of the software company’s stock valued at $3,453,000 after acquiring an additional 32 shares during the last quarter. Vista Capital Partners Inc. raised its holdings in Adobe by 5.8% in the 2nd quarter. Vista Capital Partners Inc. now owns 624 shares of the software company’s stock valued at $241,000 after acquiring an additional 34 shares during the last quarter. Front Street Capital Management Inc. lifted its stake in Adobe by 8.2% in the 2nd quarter. Front Street Capital Management Inc. now owns 541 shares of the software company’s stock worth $209,000 after purchasing an additional 41 shares in the last quarter. Finally, Vermillion & White Wealth Management Group LLC boosted its holdings in shares of Adobe by 77.8% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 96 shares of the software company’s stock worth $34,000 after purchasing an additional 42 shares during the last quarter. Hedge funds and other institutional investors own 81.79% of the company’s stock.

Adobe News Summary

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: RBC Capital maintained an Outperform rating and raised its price target to $315, citing expectations for an in-line third quarter and the importance of renewed annual recurring-revenue growth. The target implies meaningful upside from recent trading levels. RBC sets $315 target article
• Positive Sentiment: Adobe’s recent rally is being supported by strong fundamentals: second-quarter revenue reached roughly $6.6 billion, up 12.7% year over year, while AI-first ARR more than tripled to above $500 million. Investors will look for further evidence of monetization in Thursday’s results. Adobe Q3 earnings preview
• Positive Sentiment: Bank of America reportedly views Adobe more favorably than Oracle ahead of earnings, adding a positive relative-investment case for the software company. BofA Adobe versus Oracle analysis
• Neutral Sentiment: Adobe named Anil Chakravarthy president and CEO effective December 1, while longtime CEO Shantanu Narayen becomes executive chair. The transition could sharpen the company’s AI strategy, but investors will closely evaluate execution under the new leadership. Adobe CEO succession article
• Negative Sentiment: Analyst sentiment remains divided ahead of earnings. Several recent calls are Holds or Sells, and concerns include Adobe’s roughly 20% year-to-date decline, an open CFO search and uncertainty over whether AI growth can offset competitive pressure. Adobe analyst earnings preview
• Negative Sentiment: Retail investors and hedge funds appear sharply split, while reported insider activity shows six open-market sales and no purchases over the past six months. That divergence may reinforce concerns about near-term confidence in the stock. Adobe investor sentiment article

Wall Street Analyst Weigh In

Several research firms have recently commented on ADBE. Phillip Securities downgraded shares of Adobe from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Piper Sandler decreased their target price on shares of Adobe from $280.00 to $240.00 and set a “neutral” rating for the company in a research report on Friday, June 12th. Royal Bank Of Canada increased their price target on Adobe from $285.00 to $315.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 2nd. UBS Group lowered Adobe from a “buy” rating to an “equal weight” rating in a research note on Tuesday, July 21st. Finally, Citizens Jmp reaffirmed a “market perform” rating on shares of Adobe in a report on Friday, June 12th. Seven investment analysts have rated the stock with a Buy rating, twenty-one have assigned a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $278.72.

Adobe Company Profile

Adobe Inc, founded in 1982 by John Warnock and Charles Geschke and headquartered in San Jose, California, is a global software company that develops tools and services for creative professionals, marketers and enterprises. Under the leadership of CEO Shantanu Narayen, who has led the company since 2007, Adobe has evolved from a provider of desktop publishing tools into a cloud-centric provider of digital media and digital experience solutions.

The company’s core offerings are organized around digital media and digital experience.