Adobe (ADBE) Q3 Earnings Preview: AI Monetization in Focus Amid Stock Decline
Adobe's upcoming Q3 earnings report on September 11 arrives as the software giant faces mounting challenges. Year-to-date shares have plunged 22% amid fierce AI competition and sluggish monetization of new tools. Wall Street anticipates $5.18 EPS and $5.91 billion revenue, representing 11.4% and 9% YoY growth respectively.
The creative software market grows increasingly crowded with AI-powered rivals, yet analysts remain divided on Adobe's prospects. RBC Capital maintains an Outperform rating with $480 target, citing enduring demand for Core creative products. Tiered pricing and expansions into video/3D tools could provide growth vectors, though AI monetization timelines remain uncertain.