Adobe (ADBE) to Release Earnings on Thursday

Adobe (NASDAQ:ADBE - Get Free Report) is projected to post its Q2 2025 quarterly earnings results after the market closes on Thursday, June 12th. Analysts expect Adobe to post 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 quarterly earnings data on Wednesday, March 12th. The software company reported $5.08 earnings per share 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 during the quarter, compared to analysts' expectations of $5.66 billion. During the same quarter in the previous year, the company 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 Price Performance

Shares of ADBE traded up $1.29 during mid-day trading on Thursday, hitting $415.20. 2,272,597 shares of the company were exchanged, compared to its average volume of 3,410,937. Adobe has a 1-year low of $332.01 and a 1-year high of $587.75. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.07 and a current ratio of 1.07. The company has a 50 day moving average of $380.10 and a 200-day moving average of $426.39. The stock has a market cap of $176.96 billion, a price-to-earnings ratio of 33.48, a price-to-earnings-growth ratio of 2.15 and a beta of 1.55.

Insiders Place Their Bets

In other Adobe news, CFO Daniel Durn acquired 1,300 shares of the stock in a transaction on Thursday, March 20th. The shares were bought at an average cost of $390.58 per share, with a total value of $507,754.00. Following the transaction, the chief financial officer now owns 29,876 shares of the company's stock, valued at approximately $11,668,968.08. This trade represents a 4.55% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.16% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Adobe stock. Brighton Jones LLC raised its position in Adobe Inc. (NASDAQ:ADBE - Free Report) by 2.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 8,068 shares of the software company's stock after acquiring an additional 167 shares during the period. Brighton Jones LLC's holdings in Adobe were worth $3,588,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 81.79% of the company's stock.

Wall Street Analysts Forecast Growth

ADBE has been the subject of several research reports. Mizuho dropped their price objective on shares of Adobe from $620.00 to $575.00 and set an "outperform" rating for the company in a research note on Thursday, March 13th. JPMorgan Chase & Co. dropped their price target on shares of Adobe from $580.00 to $540.00 and set an "overweight" rating for the company in a research note on Thursday, March 13th. Morgan Stanley dropped their price target on shares of Adobe from $600.00 to $510.00 and set an "overweight" rating for the company in a research note on Wednesday, April 16th. Piper Sandler dropped their price target on shares of Adobe from $600.00 to $500.00 and set an "overweight" rating for the company in a research note on Wednesday, April 23rd. Finally, Wall Street Zen raised shares of Adobe from a "hold" rating to a "buy" rating in a research note on Thursday, May 22nd. Eleven investment analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Adobe currently has an average rating of "Moderate Buy" and an average target price of $502.88.

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.