Will Adobe (ADBE) stock rebound as Q2 earnings near?
The post Will Adobe (ADBE) stock rebound as Q2 earnings near? appeared on BitcoinEthereumNews.com.
Set to report results for its fiscal second quarter on Thursday, June 12, Adobe will highlight a relatively quiet earnings lineup this week with investors awaiting Wednesday’s inflation report as May’s CPI data rolls out. Down nearly 30% from its 52-week high of $587 a share, Adobe stock is an appealing buy-the-dip candidate for what will hopefully be an extended rebound at some point. ADBE performance overview At the center of the decline in Adobe stock are concerns about AI disruption. To that point, there are growing fears that generative AI could replace Adobe’s creative software suite and make its traditional software tools less relevant for content creators. Although Adobe has integrated AI into its digital experience solutions, the company has experienced slower sales growth, which has weighed on sentiment, along with a botched deal to acquire collaborative design platform Figma. Facing regulatory scrutiny, the Figma deal would have potentially strengthened Adobe’s market position at a crucial time, with the software giant providing weaker-than-expected guidance for Q2 and the full year, leading analysts to cut price targets for ADBE. ADBE is still down 5% in 2025 and is only up +12% over the last three years to widely trail the broader indexes and its Zacks Computer-Software Industry’s gains of nearly +100%. Image Source: Zacks Investment Research Adobe’s Q2 expectations and compelling consistency Based on Zacks’ estimates, Adobe’s Q2 sales are thought to have increased 9% to $5.79 billion versus $5.31 billion in the comparative quarter. On the bottom line, Q2 EPS is expected to rise 11% to $4.96 compared to $4.48 per share a year ago. Despite recent headwinds, Adobe has surpassed the Zacks EPS Consensus for 25 consecutive quarters with an average earnings surprise of 2.53% in its last four quarterly reports. Adobe has exceeded top line expectations for…
Filed under: News - @ June 11, 2025 7:20 am