Adobe (ADBE) Expected to Announce Earnings on Thursday

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

Adobe Stock Performance

ADBE stock opened at $275.13 on Wednesday. The firm has a market cap of $112.94 billion, a PE ratio of 16.47, a price-to-earnings-growth ratio of 1.11 and a beta of 1.53. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.53. The stock has a 50-day moving average price of $288.69 and a 200-day moving average price of $324.75. Adobe has a 1-year low of $244.28 and a 1-year high of $443.90.

Analysts Set New Price Targets

ADBE has been the subject of a number of analyst reports. HSBC set a $302.00 price objective on shares of Adobe in a report on Friday, February 13th. 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. DA Davidson reaffirmed a “buy” rating and issued a $500.00 price target on shares of Adobe in a report on Thursday, December 11th. Weiss Ratings lowered shares of Adobe from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday. Finally, Wells Fargo & Company cut their target price on Adobe from $420.00 to $405.00 and set an “overweight” rating for the company in a research note on Monday. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, Adobe presently has an average rating of “Hold” and a consensus target price of $383.08.

More Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe launched conversational AI editing in Photoshop and smarter Firefly image‑editing tools (public beta), enhancing product differentiation and upsell potential for Creative Cloud customers. Read More.
• Positive Sentiment: Adobe expanded its MLB partnership to deliver AI‑driven fan experiences — a commercial reference point that can help sell Adobe Experience Cloud and related services to large brands. Read More.
• Neutral Sentiment: Market focus on Q1 results (reporting March 12) is raising volatility — options traders expect a sizeable move and several earnings previews highlight that revenue/EPS beats or a cautious guide could swing the stock either way. Read More.
• Negative Sentiment: Multiple analysts trimmed targets and tone: TD Cowen cut its PT to $325 (hold) and Citigroup reduced its target as well — analyst downgrades are weighing on sentiment and were cited as a near‑term catalyst for the selloff. Read More.
• Negative Sentiment: Short interest rose in February to ~14.3M shares (about 3.5% of shares outstanding, ~2.9 days to cover) — higher short exposure increases downside pressure and volatility into earnings. (Data reported in market notices.)
• Negative Sentiment: Emerging competitors and open‑source AI initiatives (e.g., Veeso, Nvidia’s NemoClaw) highlight intensifying competition in AI‑driven design tools, which could pressure growth assumptions if Adobe’s commercial traction lags. Read More. and Read More.

Insider Activity at Adobe

In related news, CFO Daniel Durn sold 1,646 shares of the business’s stock in a transaction dated Tuesday, January 27th. The stock was sold at an average price of $294.85, for a total transaction of $485,323.10. Following the transaction, the chief financial officer owned 41,995 shares in the company, valued at $12,382,225.75. The trade was a 3.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.20% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. AQR Capital Management LLC increased its position in Adobe by 55.2% during the 3rd quarter. AQR Capital Management LLC now owns 2,587,399 shares of the software company’s stock valued at $912,705,000 after buying an additional 920,353 shares in the last quarter. Amundi raised its position in Adobe by 17.9% in the 3rd quarter. Amundi now owns 4,888,283 shares of the software company’s stock worth $1,711,583,000 after buying an additional 742,646 shares during the last quarter. Dodge & Cox lifted its position in Adobe by 35.8% during the fourth quarter. Dodge & Cox now owns 2,164,475 shares of the software company’s stock valued at $757,545,000 after purchasing an additional 570,969 shares during the period. State Street Corp lifted its holdings in shares of Adobe by 1.7% during the 3rd quarter. State Street Corp now owns 20,632,009 shares of the software company’s stock valued at $7,277,941,000 after buying an additional 352,448 shares during the period. Finally, Coatue Management LLC boosted its position in Adobe by 43.2% in the fourth quarter. Coatue Management LLC now owns 874,150 shares of the software company’s stock worth $305,944,000 after purchasing an additional 263,529 shares during the last quarter. 81.79% of the stock is currently 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.