Adobe Anticipates $5.83 EPS, $6.45B Revenue and 9% Stock Swing
ADBE•
ADBE•Adobe forecasts Q2 earnings of $5.83 per share on revenue of $6.45 billion, reflecting 10% year-over-year growth, with options pricing implying a 9% post-report stock swing. Investors will scrutinize CEO succession clarity, AI-driven ARR more than tripling year-over-year, and mixed analyst price targets ranging from $302.64 to $530.
Adobe is set to report Q2 earnings after the market close on June 11, with analysts projecting $5.83 per share on $6.45 billion in revenue, representing roughly 10% year-over-year growth.
Options pricing indicates a potential 9% swing in Adobe's stock post-earnings—more than double its four-quarter average—with price targets ranging from $302.64 to $530 reflecting mixed analyst sentiment.
Investors are focused on CEO succession clarity and continued momentum in AI, where Annualized Recurring Revenue from AI products more than tripled year-over-year in the first quarter.
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