Adobe (NASDAQ:ADBE - Get Free Report) is projected to announce its Q2 2025 earnings results 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 - Get Free Report) last released its earnings results on Wednesday, March 12th. The software company reported $5.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.97 by $0.11. Adobe had a net margin of 25.85% and a return on equity of 45.87%. The company had revenue of $5.71 billion for the quarter, compared to the consensus estimate of $5.66 billion. During the same quarter in the previous year, the company earned $4.48 EPS. 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 0.4%
Shares of Adobe stock traded up $1.72 during trading on Friday, reaching $416.92. 2,143,071 shares of the company traded hands, compared to its average volume of 3,409,490. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.07 and a quick ratio of 1.07. Adobe has a 1-year low of $332.01 and a 1-year high of $587.75. The company has a 50 day moving average price of $381.41 and a 200-day moving average price of $424.16. The firm has a market capitalization of $177.69 billion, a PE ratio of 33.62, a P/E/G ratio of 2.15 and a beta of 1.55.
Insider Activity at Adobe
In other Adobe news, CFO Daniel Durn bought 1,300 shares of the business's stock in a transaction on Thursday, March 20th. The stock was purchased 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 directly owns 29,876 shares of the company's stock, valued at $11,668,968.08. This trade represents a 4.55% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.16% of the stock is owned by company insiders.
Hedge Funds Weigh In On Adobe
A hedge fund recently raised its stake in Adobe stock. Brighton Jones LLC lifted its position in Adobe Inc. (NASDAQ:ADBE - Free Report) by 2.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,068 shares of the software company's stock after buying an additional 167 shares during the quarter. Brighton Jones LLC's holdings in Adobe were worth $3,588,000 at the end of the most recent quarter. 81.79% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on ADBE shares. Robert W. Baird dropped their target price on shares of Adobe from $490.00 to $410.00 and set a "neutral" rating on the stock in a research report on Wednesday, March 19th. Jefferies Financial Group lowered their price objective on shares of Adobe from $650.00 to $590.00 and set a "buy" rating on the stock in a report on Monday, March 31st. Citigroup lowered their price objective on shares of Adobe from $551.00 to $490.00 and set a "neutral" rating on the stock in a report on Monday, March 10th. Morgan Stanley lowered their price objective on shares of Adobe from $600.00 to $510.00 and set an "overweight" rating on the stock in a report on Wednesday, April 16th. Finally, Evercore ISI lowered their price objective on shares of Adobe from $650.00 to $550.00 and set an "outperform" rating on the stock in a report on Thursday, March 13th. Eleven equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Adobe has an average rating of "Moderate Buy" and an average price target of $502.88.
Check Out Our Latest Stock Report on Adobe
Adobe Company Profile
(
Get Free Report)
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.
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