From Zacks Investment Research: 2025-06-10 15:04:00

Adobe (ADBE) is set to report Q2 results on June 12, with investors eyeing Wednesday’s inflation report. The stock is down nearly 30% from its 52-week high, making it an attractive buy-the-dip candidate. Concerns about AI disruption have weighed on Adobe’s performance, with slower sales growth and a failed acquisition of Figma. Despite challenges, Adobe has a strong track record of beating earnings and revenue estimates. At a P/E valuation of 20.4X, ADBE trades at a discount to the S&P 500 and its industry average. The key to a rebound will be exceeding expectations and addressing AI disruption concerns.



Read more at Zacks Investment Research: Will Adobe (ADBE) Stock Rebound as Q2 Earnings Near? – June 10, 2025