Analyzing Adobe Stock Ahead of Q3 Earnings: Time to Hold or Sell?

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Adobe Inc. (ADBE) is scheduled to report its third-quarter fiscal 2026 results on September 10, 2026. The company expects total revenues between $6.67 billion and $6.72 billion, with non-GAAP earnings estimated to fall between $6.05 and $6.10 per share.

The Zacks Consensus Estimate anticipates revenues of $6.69 billion, reflecting an 11.75% year-over-year growth, while the earnings consensus remains at $6.08 per share, indicating 14.5% growth compared to the previous year’s figures. Adobe has beaten the consensus estimate in the past four quarters with an average surprise of 2.51%.

Factors influencing this quarter’s results include strong demand for Adobe’s subscription services, particularly in its Business Professionals and Creative Cloud divisions, where active users significantly increased. However, Adobe also faces intensified competition in the AI and Generative AI space, impacting its growth and profitability outlook.

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