Adobe (ADBE) Expected to Announce Quarterly Earnings on Thursday

Adobe (NASDAQ:ADBE) will likely be announcing its Q2 2026 results after the market closes on Thursday, June 11th. Analysts expect the company to announce earnings of $5.83 per share and revenue of $6.4570 billion for the quarter. Adobe has set its FY 2026 guidance at 23.300-23.500 EPS and its Q2 2026 guidance at 5.800-5.850 EPS. Individuals can check the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, June 11, 2026 at 5:00 PM ET.

Adobe (NASDAQ:ADBE) last released its quarterly earnings results on Thursday, March 12th. The software company reported $6.06 earnings per share for the quarter, topping the consensus estimate of $5.87 by $0.19. The company had revenue of $6.40 billion for the quarter, compared to analysts’ expectations of $6.28 billion. Adobe had a return on equity of 64.48% and a net margin of 29.48%.The business’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same period in the previous year, the business posted $5.08 earnings per share. On average, analysts expect Adobe to post $19 EPS for the current fiscal year and $22 EPS for the next fiscal year.

Adobe Stock Down 2.2%

Shares of NASDAQ ADBE opened at $256.24 on Thursday. The company has a 50 day simple moving average of $245.12 and a 200 day simple moving average of $282.59. The firm has a market cap of $103.57 billion, a PE ratio of 14.92, a price-to-earnings-growth ratio of 1.02 and a beta of 1.42. Adobe has a 1 year low of $224.13 and a 1 year high of $421.48. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.91 and a quick ratio of 0.91.

Adobe announced that its board has authorized a share buyback program on Tuesday, April 21st that allows the company to buyback $25.00 billion in outstanding shares. This buyback authorization allows the software company to purchase up to 24.9% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Analyst Ratings Changes

ADBE has been the topic of a number of recent research reports. Sanford C. Bernstein set a $447.00 price target on shares of Adobe and gave the stock an “outperform” rating in a report on Friday, March 13th. DA Davidson set a $300.00 price target on Adobe in a research report on Friday, March 13th. Citigroup reissued a “neutral” rating on shares of Adobe in a research note on Friday, April 10th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Adobe in a research report on Friday, March 13th. Finally, BMO Capital Markets reduced their target price on Adobe from $375.00 to $285.00 and set a “market perform” rating on the stock in a report on Friday, March 13th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, seventeen have issued a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $338.15.

Adobe News Summary

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Michael Burry reportedly views Adobe as an attractive AI and valuation opportunity, which could support investor confidence in the stock. Michael Burry Sees Adobe As AI Fat Pitch With Valuation Upside
• Positive Sentiment: Analysts highlighted Adobe’s strong earnings-surprise history and said it has the ingredients to beat estimates again in the upcoming report, which may help sentiment ahead of June 11 results. Will Adobe (ADBE) Beat Estimates Again in Its Next Earnings Report?
• Neutral Sentiment: Adobe remains in the market spotlight as investors compare it with other software names on valuation and watch broader tech trading that was mixed late in the session. Sector Update: Tech Stocks Mixed Late Afternoon
• Neutral Sentiment: Several articles discussed Adobe Lightroom and Lightroom Classic, but these were mostly product explainers and not a clear stock-moving catalyst. Adobe Lightroom vs. Lightroom Classic: Here’s How to Know Which One You Actually Need
• Negative Sentiment: The CEO transition introduces uncertainty around Adobe’s AI roadmap and execution, and comes as the stock has been under pressure over the longer term despite recent stabilization. Adobe CEO Exit Puts AI Strategy And Valuation In The Spotlight
• Negative Sentiment: Trading commentary said Adobe fell more than the broader market, reflecting ongoing investor caution ahead of earnings and the leadership announcement. Here’s Why Adobe Systems (ADBE) Fell More Than Broader Market

Insiders Place Their Bets

In other Adobe news, CFO Daniel Durn sold 1,336 shares of the stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of $248.02, for a total transaction of $331,354.72. Following the transaction, the chief financial officer directly owned 42,833 shares in the company, valued at approximately $10,623,440.66. This represents a 3.02% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Shantanu Narayen sold 75,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $243.54, for a total transaction of $18,265,500.00. Following the sale, the chief executive officer directly owned 359,538 shares of the company’s stock, valued at approximately $87,561,884.52. This trade represents a 17.26% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 77,091 shares of company stock worth $18,782,773. Company insiders own 0.20% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Measured Wealth Private Client Group LLC bought a new stake in Adobe in the third quarter valued at $26,000. Swiss RE Ltd. bought a new position in shares of Adobe during the 4th quarter worth about $32,000. Vermillion & White Wealth Management Group LLC grew its stake in shares of 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 during the period. SWAN Capital LLC grew its stake in shares of 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 during the period. Finally, Sfam LLC bought a new stake in Adobe in the 4th quarter valued at about $45,000. 81.79% of the stock is owned by institutional investors.

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.