Adobe (ADBE) to Release Earnings on Thursday

Adobe (NASDAQ:ADBE) will likely be announcing its Q1 2026 results after the market closes on Thursday, March 12th. Analysts expect the company to announce earnings of $5.88 per share and revenue of $6.2768 billion for the quarter. Adobe has set its Q1 2026 guidance at 5.850-5.900 EPS and its FY 2026 guidance at 23.300-23.500 EPS. Interested persons may visit the the company’s upcoming Q1 2026 earning results page for the latest details on the call scheduled for Thursday, March 12, 2026 at 5:00 PM ET.

Adobe (NASDAQ:ADBE) last announced its quarterly earnings data on Wednesday, December 10th. The software company reported $5.50 earnings per share for the quarter, beating the consensus estimate of $5.40 by $0.10. The company had revenue of $6.19 billion during the quarter, compared to analysts’ expectations of $6.11 billion. Adobe had a return on equity of 61.28% and a net margin of 30.00%.Adobe’s revenue for the quarter was up 10.5% compared to the same quarter last year. During the same quarter last year, the company earned $4.81 EPS. On average, analysts expect Adobe to post $17 EPS for the current fiscal year and $19 EPS for the next fiscal year.

Adobe Price Performance

NASDAQ:ADBE opened at $273.12 on Thursday. Adobe has a 52-week low of $244.28 and a 52-week high of $453.26. The company has a market cap of $112.12 billion, a P/E ratio of 16.34, a P/E/G ratio of 1.07 and a beta of 1.53. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.00 and a current ratio of 1.00. The stock’s 50-day simple moving average is $294.48 and its 200 day simple moving average is $327.12.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on ADBE shares. Wall Street Zen cut Adobe from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. DA Davidson reaffirmed a “buy” rating and set a $500.00 price target on shares of Adobe in a research report on Thursday, December 11th. HSBC set a $302.00 price target on shares of Adobe in a research note on Friday, February 13th. Mizuho lowered their price objective on shares of Adobe from $410.00 to $390.00 and set an “outperform” rating on the stock in a research note on Thursday, November 20th. Finally, Jefferies Financial Group dropped their target price on shares of Adobe from $400.00 to $290.00 and set a “hold” rating on the stock in a report on Monday, February 23rd. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $389.56.

Insider Activity at Adobe

In related news, CFO Daniel Durn sold 1,646 shares of Adobe stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $294.85, for a total transaction of $485,323.10. Following the completion of the sale, the chief financial officer owned 41,995 shares of the company’s stock, valued at approximately $12,382,225.75. The trade was a 3.77% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.16% of the company’s stock.

Institutional Investors Weigh In On Adobe

A number of institutional investors have recently made changes to their positions in the company. Measured Wealth Private Client Group LLC acquired a new position in shares of Adobe in the third quarter valued at approximately $26,000. Swiss RE Ltd. bought a new stake in Adobe in the 4th quarter valued at $32,000. Vermillion & White Wealth Management Group LLC grew its holdings in Adobe by 77.8% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 96 shares of the software company’s stock valued at $34,000 after buying an additional 42 shares in the last quarter. SWAN Capital LLC grew its holdings in Adobe by 43.1% in the 3rd quarter. SWAN Capital LLC now owns 103 shares of the software company’s stock valued at $36,000 after buying an additional 31 shares in the last quarter. Finally, Sfam LLC bought a new position in Adobe during the 4th quarter worth $45,000. Institutional investors own 81.79% of the company’s stock.

Key Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Renewed AI optimism ahead of March 12 earnings — coverage says investors are shifting focus from AI disruption fears to Adobe’s Firefly-powered creative tools and look to the March 12 report for proof that AI features are translating into recurring revenue, supporting the recent rally. Why Adobe (ADBE) Is Up 5.1% After Renewed AI Optimism Ahead Of March 12 Earnings
• Positive Sentiment: High-profile buying reports — multiple media stories say Michael Burry has opened a new long position in ADBE, which appears to have drawn opportunistic buyers and boosted sentiment on beaten-down software names. The Billionaire Investor Who Bet Against Nvidia and Palantir Is Buying Adobe
• Positive Sentiment: Expanded Adobe–WPP AI partnership — Adobe and WPP widened their global alliance to embed Adobe’s AI tools into agency workflows and go-to-market efforts, reinforcing Adobe’s enterprise moat and monetization pathway for AI features. Adobe WPP AI Alliance Tests Moat In Enterprise Marketing Workflows
• Neutral Sentiment: Barclays trims price target but stays overweight — Barclays lowered its target (from $415 to $335) while retaining an Overweight call; that signals constructive longer-term view even as near-term estimates are reset. Barclays Lowers Adobe Price Target
• Negative Sentiment: Jefferies and HSBC cut price targets — Jefferies has reduced its target to $290 (from $400 previously) and HSBC also trimmed targets, applying downside pressure and reminding investors that analyst estimates are being re-priced amid the AI transition. Jefferies and HSBC Cut Adobe Inc. (ADBE) Price Targets

About Adobe

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.