Equities Analysts Offer Predictions for Adobe Q2 Earnings

Adobe Inc. (NASDAQ:ADBE) – Zacks Research decreased their Q2 2025 earnings per share estimates for shares of Adobe in a report released on Wednesday, April 2nd. Zacks Research analyst R. Department now expects that the software company will post earnings per share of $4.02 for the quarter, down from their previous estimate of $4.06. The consensus estimate for Adobe’s current full-year earnings is $16.65 per share. Zacks Research also issued estimates for Adobe’s Q4 2025 earnings at $4.28 EPS, FY2025 earnings at $16.58 EPS, Q1 2026 earnings at $4.43 EPS, Q2 2026 earnings at $4.62 EPS, Q3 2026 earnings at $4.49 EPS, Q4 2026 earnings at $4.78 EPS, FY2026 earnings at $18.33 EPS, Q1 2027 earnings at $5.27 EPS and FY2027 earnings at $21.51 EPS.

Adobe (NASDAQ:ADBE) last issued its quarterly earnings data on Wednesday, March 12th. The software company reported $5.08 EPS for the quarter, topping 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 company 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 company posted $4.48 earnings per share.

Several other research analysts also recently weighed in on the stock. Wells Fargo & Company decreased their price target on shares of Adobe from $640.00 to $600.00 and set an “overweight” rating on the stock in a research report on Friday, March 7th. Robert W. Baird decreased their price objective on Adobe from $490.00 to $410.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 19th. Barclays cut their price objective on Adobe from $675.00 to $645.00 and set an “overweight” rating for the company in a research note on Thursday, December 12th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $475.00 target price (down previously from $600.00) on shares of Adobe in a research note on Wednesday, January 8th. Finally, Bank of America dropped their price target on shares of Adobe from $605.00 to $528.00 and set a “buy” rating for the company in a research report on Thursday, March 13th. Eleven equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Adobe currently has a consensus rating of “Moderate Buy” and an average target price of $531.54.

Adobe Price Performance

Shares of NASDAQ:ADBE opened at $340.70 on Monday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $145.21 billion, a PE ratio of 27.48, a price-to-earnings-growth ratio of 2.15 and a beta of 1.49. The firm’s 50 day moving average price is $423.70 and its 200-day moving average price is $461.98. Adobe has a twelve month low of $332.01 and a twelve month high of $587.75.

Insider Buying and Selling at Adobe

In related news, EVP Scott Belsky sold 3,819 shares of the company’s stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $430.24, for a total transaction of $1,643,086.56. Following the transaction, the executive vice president now directly owns 18,334 shares in the company, valued at approximately $7,888,020.16. This represents a 17.24 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director David A. Ricks acquired 2,250 shares of the firm’s stock in a transaction on Tuesday, January 28th. The stock was purchased at an average cost of $443.98 per share, with a total value of $998,955.00. Following the purchase, the director now owns 4,984 shares of the company’s stock, valued at $2,212,796.32. The trade was a 82.30 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold 5,075 shares of company stock worth $2,191,826 over the last quarter. Insiders own 0.16% of the company’s stock.

Institutional Trading of Adobe

A number of hedge funds and other institutional investors have recently bought and sold shares of ADBE. Siemens Fonds Invest GmbH increased its stake in Adobe by 252.9% in the 4th quarter. Siemens Fonds Invest GmbH now owns 55,658 shares of the software company’s stock worth $25,000 after buying an additional 39,888 shares during the period. Legacy Investment Solutions LLC purchased a new position in shares of Adobe during the third quarter worth approximately $26,000. Groupama Asset Managment raised its stake in shares of Adobe by 28.8% during the third quarter. Groupama Asset Managment now owns 51,482 shares of the software company’s stock valued at $27,000 after acquiring an additional 11,522 shares in the last quarter. SWAN Capital LLC purchased a new stake in shares of Adobe in the fourth quarter valued at approximately $28,000. Finally, Copia Wealth Management bought a new position in Adobe in the fourth quarter worth approximately $28,000. Hedge funds and other institutional investors own 81.79% of the company’s stock.

About Adobe

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.