What is Adobe's expected EPS for Q1 2026?

Analysts expect Adobe (ADBE) to report consensus EPS of approximately $5.87 for Q1 2026. Estimates range from $5.84 to $5.91.

What revenue do analysts expect for Adobe in Q1 2026?

The consensus revenue forecast for Adobe (ADBE) in Q1 2026 is approximately $6.28B. Forecasts range from $6.23B to $6.3B.

How many analysts cover Adobe?

21 analysts contribute to the Adobe (ADBE) Q1 2026 consensus estimate.

Has Adobe beaten earnings estimates recently?

Adobe beat analyst EPS estimates in 1 of the last 1 quarter. Adobe beat revenue estimates in 1 of 1. In the most recent quarter (Q1 2026), Adobe EPS beat by 3.2% and revenue beat by 2%.

When does Adobe report Q1 2026 earnings?

Adobe (ADBE) is expected to report Q1 2026 earnings on March 12, 2026 after market close.

ADBE Q1 2026 earnings estimate

Consensus EPS · Q1 2026

$5.87

Consensus revenue · Q1 2026

$6.3B

Analysts

Last reported

Mar 12, 2026

After close

Results are in

XP scoring in progress…

Revenue actual$6.4B

Revenue consensus$6.3B

EPS actual$6.06

EPS consensus$5.87

Revenue surprise: +1.94%EPS surprise: +3.24%

Analyst consensus

Based on estimates from 21 analysts.

Metric	Low	Consensus	High
Revenue	$6.2B	$6.3B	$6.3B
EPS	$5.84	$5.87	$5.91
EBITDA	$2.5B	$2.5B	$2.5B
EBIT	$2.2B	$2.2B	$2.2B
Net income	$2.3B	$2.4B	$2.4B

Revenue$6.3B
EPS$5.87
EBITDA$2.5B
EBIT$2.2B
Net income$2.4B

Historical beat/miss

Actual reported results vs. analyst consensus at the time. Positive = beat, negative = miss.

Period	Rev. actual	Rev. est.	Rev. surprise	EPS actual	EPS est.	EPS surprise
Q1 2026	$6.4B	$6.3B	+2.0%	$6.06	$5.87	+3.2%

Q1 2026+2.0%+3.2%

Estimate revisions

How analyst consensus estimates have changed over the past 90 days.

Collecting data

Revision trends appear once we have collected at least two daily snapshots for this period.

Community vs analysts

See how the TickerLeague crowd's forecast stacks up against Wall Street.

No community consensus

No TickerLeague members predicted Adobe (ADBE) Q1 2026 before it reported.

Analyst price target

Based on price targets from 3 analysts.

Low: $190.00
Consensus: $261.16
Median: $245.00
High: $379.00
Current: $218.36
Upside: +19.6%

Upside calculated vs most recent trading price of $218.36.

Analyst ratings

Consensus: Buy — based on 63 analyst ratings.

Buy 31Hold 27Sell 5

24-month trend

Recent analyst actions

Date	Firm	Action	From	To
Jul 21, 2026	Morgan Stanley	downgrade	Equal Weight	Underweight
Jul 2, 2026	HSBC	upgrade	Hold	Buy
Jun 12, 2026	Wells Fargo	maintain	Overweight	Overweight
Jun 12, 2026	UBS	maintain	Neutral	Neutral
Jun 12, 2026	Stifel	downgrade	Buy	Hold
Jun 12, 2026	Piper Sandler	maintain	Neutral	Neutral
Jun 12, 2026	Mizuho	maintain	Neutral	Neutral
Jun 12, 2026	Keybanc	maintain	Underweight	Underweight
Jun 12, 2026	JP Morgan	maintain	Overweight	Overweight
Jun 12, 2026	Jefferies	maintain	Hold	Hold

Jul 21, 2026Morgan StanleyUnderweight
Jul 2, 2026HSBCBuy
Jun 12, 2026Wells FargoOverweight
Jun 12, 2026UBSNeutral
Jun 12, 2026StifelHold
Jun 12, 2026Piper SandlerNeutral
Jun 12, 2026MizuhoNeutral
Jun 12, 2026KeybancUnderweight
Jun 12, 2026JP MorganOverweight
Jun 12, 2026JefferiesHold

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