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Adobe's forecast covers the Nov. 1 to Dec. 31, 2026 holiday season and projects 6.7% year-over-year growth in U.S. online sales. It also sees Cyber Monday topping $15 billion in a day and Black Friday at $12.9 billion.
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 reports AI revenue growth
Microsoft and Meta are being treated like bear market stocks despite their massive AI investments, according to Wedbush analyst Dan Ives