Adobe Forecasts $5.81 EPS on 9.9% Revenue Growth, Stock Near 52-Week Low
ADBE•Adobe shares have dropped 37% year-to-date, trading around $222.60 and approaching a 52-week low of $220.17 as of midday Thursday. Analysts forecast Q2 earnings of $5.81 per share on 9.9% revenue growth to $6.45 billion, but options pricing signals limited upside post-report.
1. Stock Performance
Adobe shares have fallen 37% in 2026, reaching roughly $222.60 on Thursday and testing a 52-week low of $220.17. The recent downturn reflects investor concerns over slowing growth and technical weakness near key support levels.
2. Q2 Earnings Forecast
Analysts project second-quarter earnings of $5.81 per share on revenue of $6.45 billion, representing 9.9% year-over-year growth. This marks a moderation from prior quarters as subscription renewals and macro headwinds weigh on top-line momentum.
3. Options Pricing and Technical Levels
Options markets show elevated implied volatility and pricing that limits potential post-earnings gains, suggesting traders are bracing for muted surprises. Key resistance is seen near $230, while technical support at $220 may determine short-term stock direction.
