Adobe is expected to report strong Q1 earnings, with positive growth projections for the future.
From Zacks Investment Research: 2025-03-10 19:44:11
Adobe (ADBE) is set to release its fiscal first-quarter earnings after-market hours on March 12th. The tech-centric Nasdaq had its worst day since 2022 on Monday, falling 4% with ADBE down 3%. Adobe is expected to report a 9% increase in sales to $5.65 billion and an 11% increase in EPS to $4.97. Annual sales are projected to rise 9% in fiscal 2025 and another 10% in FY26. ADBE stock is currently down 2% in 2025 but has gained +34% over the last two years. With a Zacks Rank #3 (Hold), Adobe’s growth trajectory and reasonable valuation make it worth holding amid market volatility.
Read more at Zacks Investment Research: Buy, Sell, or Hold Adobe Stock as Q1 Earnings Approach? – March 10, 2025