Adobe Inc. (NASDAQ:ADBE) will release earnings results for its first quarter, after the closing bell on Thursday, March 12.
Analysts expect the San Jose, California-based company to report quarterly earnings at $5.87 per share, up from $5.08 per share in the year-ago period. The consensus estimate for Adobe’s quarterly revenue is $6.28 billion, versus $5.71 billion a year earlier, according to data from Benzinga Pro.
The company has beaten analyst estimates for revenue in 12 straight quarters. The analyst estimate for the quarter would represent a new quarterly record, surpassing the $6.19 billion in the fourth quarter.
Adobe shares fell 0.5% to close at $273.70 on Tuesday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
- TD Cowen analyst Derrick Wood maintained a Hold rating and cut the price target from $400 to $325 on March 10, 2026. This analyst has an accuracy rate of 66%.
- Wells Fargo analyst Michael Turrin maintained an Overweight rating and lowered the price target from $420 to $405 on March 9, 2026. This analyst has an accuracy rate of 58%.
- Citigroup analyst Tyler Radke maintained a Neutral rating and slashed the price target from $387 to $315 on March 6, 2026. This analyst has an accuracy rate of 62%.
- Barclays analyst Saket Kalia maintained an Overweight rating and cut the price target from $415 to $335 on March 4, 2026. This analyst has an accuracy rate of 71%.
- Jefferies analyst Brent Thill maintained a Hold rating and cut the price target from $400 to $290 on Feb. 23, 2026. This analyst has an accuracy rate of 71%.
Considering buying ADBE stock? Here’s what analysts think:
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