Adobe beats Q3 estimates, raises fiscal 2026 guidance
Adobe reported adjusted EPS of $6.13 on revenue of $6.760 billion, both above consensus, and raised its fiscal 2026 EPS and revenue guidance. Shares were down 3.81% at $239.35 in Friday trading.
Adobe Inc. (NASDAQ: ADBE ) shares continue to fall Friday despite reporting better-than-expected third-quarter financial results on Thursday after the market closed. Adobe stock is trading at depressed levels. What’s ahead for ADBE stock?
09. 693 billion. 56 billion, representing 14% year-over-year growth. 65 billion, up 13% year-over-year.
“Adobe delivered record Q3 results, reflecting the strength of our AI innovation, expanding customer reach and leadership across creativity, productivity and customer experience,” said Shantanu Narayen, Chair and CEO of Adobe. 50 billion. 16 billion, and Current Remaining Performance Obligations represented 67% of that total. 5 million shares during the quarter.
36. 506 billion. 840 billion. Read Also: Stock Market: Will S&P 500 Open Up or Down Today?
35, according to data Pro. Image via Shutterstock