Adobe (ADBE) Expected to Announce Quarterly Earnings on Thursday

Adobe (NASDAQ:ADBE) is projected 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 has set its FY 2025 guidance at 20.200-20.500 EPS and its Q2 2025 guidance at 4.950-5.000 EPS.

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

Adobe Stock Up 0.3%

Shares of NASDAQ:ADBE opened at $413.91 on Thursday. Adobe has a 1 year low of $332.01 and a 1 year high of $587.75. The business has a 50 day simple moving average of $380.10 and a two-hundred day simple moving average of $426.39. The firm has a market capitalization of $176.41 billion, a PE ratio of 33.38, a price-to-earnings-growth ratio of 2.15 and a beta of 1.55. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.07 and a quick ratio of 1.07.

Insiders Place Their Bets

In other news, CFO Daniel Durn acquired 1,300 shares of the firm’s stock in a transaction on Thursday, March 20th. The stock was acquired at an average price of $390.58 per share, for a total transaction of $507,754.00. Following the completion of the transaction, the chief financial officer now owns 29,876 shares in the company, valued at approximately $11,668,968.08. The trade was a 4.55% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.16% of the company’s stock.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Adobe stock. Brighton Jones LLC increased its stake in shares of Adobe Inc. (NASDAQ:ADBE) by 2.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 8,068 shares of the software company’s stock after purchasing an additional 167 shares during the period. Brighton Jones LLC’s holdings in Adobe were worth $3,588,000 as of its most recent filing with the Securities & Exchange Commission. 81.79% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

ADBE has been the subject of several recent analyst reports. Wells Fargo & Company dropped their target price on Adobe from $600.00 to $430.00 and set an “overweight” rating for the company in a research report on Tuesday, April 22nd. Citigroup decreased their price target on shares of Adobe from $551.00 to $490.00 and set a “neutral” rating for the company in a research note on Monday, March 10th. Evercore ISI decreased their price target on shares of Adobe from $650.00 to $550.00 and set an “outperform” rating for the company in a research note on Thursday, March 13th. Jefferies Financial Group decreased their price target on shares of Adobe from $650.00 to $590.00 and set a “buy” rating for the company in a research note on Monday, March 31st. Finally, Oppenheimer reduced their price objective on shares of Adobe from $560.00 to $530.00 and set an “outperform” rating for the company in a research note on Thursday, March 13th. Eleven investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Adobe currently has a consensus rating of “Moderate Buy” and an average target price of $502.88.

Adobe Company Profile

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.