Adobe (ADBE) Expected to Announce Earnings on Thursday

Adobe (NASDAQ:ADBE) is projected to release its Q1 2026 results after the market closes on Thursday, March 12th. Analysts expect Adobe to post 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. Individuals are encouraged to explore the company’s upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Thursday, March 12, 2026 at 5:00 PM ET.

Adobe (NASDAQ:ADBE) last issued its earnings results on Wednesday, December 10th. The software company reported $5.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.40 by $0.10. The company had revenue of $6.19 billion for the quarter, compared to analyst estimates of $6.11 billion. Adobe had a net margin of 30.00% and a return on equity of 61.28%. The company’s revenue for the quarter was up 10.5% on a year-over-year basis. During the same quarter last year, the firm 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 Trading Up 0.8%

ADBE opened at $273.12 on Thursday. The firm has a 50 day simple moving average of $294.48 and a 200 day simple moving average of $327.12. Adobe has a fifty-two week low of $244.28 and a fifty-two week high of $453.26. The company has a market cap of $112.12 billion, a price-to-earnings ratio of 16.34, a price-to-earnings-growth ratio of 1.07 and a beta of 1.53. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.00 and a quick ratio of 1.00.

Key Headlines Impacting Adobe

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

Analyst Ratings Changes

Several analysts have commented on the stock. Piper Sandler reiterated a “neutral” rating on shares of Adobe in a research report on Wednesday. Weiss Ratings raised Adobe from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, February 19th. Wall Street Zen lowered Adobe from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. UBS Group decreased their target price on Adobe from $375.00 to $340.00 and set a “neutral” rating for the company in a research report on Monday, January 26th. Finally, DA Davidson reiterated a “buy” rating and issued a $500.00 price target on shares of Adobe in a research report on Thursday, December 11th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $389.56.

Insider Buying and Selling

In other Adobe news, CFO Daniel Durn sold 1,646 shares of the firm’s stock in a transaction that occurred on Tuesday, January 27th. The shares were sold at an average price of $294.85, for a total transaction of $485,323.10. Following the sale, the chief financial officer directly owned 41,995 shares in the company, valued at approximately $12,382,225.75. This trade represents a 3.77% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.16% of the company’s stock.

Institutional Investors Weigh In On Adobe

Several institutional investors have recently added to or reduced their stakes in ADBE. Compound Planning Inc. boosted its stake in Adobe by 52.3% in the 4th quarter. Compound Planning Inc. now owns 5,181 shares of the software company’s stock worth $1,813,000 after purchasing an additional 1,779 shares during the period. Axxcess Wealth Management LLC lifted its holdings in shares of Adobe by 46.5% in the fourth quarter. Axxcess Wealth Management LLC now owns 3,224 shares of the software company’s stock valued at $1,128,000 after purchasing an additional 1,024 shares in the last quarter. Corient Private Wealth LLC boosted its position in shares of Adobe by 89.6% during the fourth quarter. Corient Private Wealth LLC now owns 430,537 shares of the software company’s stock worth $150,684,000 after buying an additional 203,494 shares during the period. Strive Financial Group LLC acquired a new position in Adobe during the 4th quarter worth approximately $2,535,000. Finally, Blue Sparrow LLC DE bought a new position in shares of Adobe during the 4th quarter worth approximately $17,500,000. 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.