Adobe Set to Report Q2 Earnings Amid Market Skepticism and AI Challenges
Adobe (ADBE) prepares to release its Fiscal Q2 2025 results on June 12, with Wall Street anticipating earnings of $4.97 per share—an 11% year-over-year increase. Revenue is projected to hit $5.80 billion, driven by demand for Creative Cloud and Document Cloud services, alongside early AI tool adoption. Despite these gains, the stock has declined over 10% in the past year due to cautious guidance and competitive pressures.
UBS analyst Karl Keirstead maintains a Neutral rating but raised his price target to $430, citing resilient demand and confidence in Adobe’s 11% annual recurring revenue target. The market remains watchful for signs of sustained AI monetization and macroeconomic impacts.