Adobe shares rose to $262.00 (+1.88%) in after-hours trading, showing resilience despite a broader tech selloff and a 2.03% decline in the Nasdaq.
- The stock remains down 23% year-to-date as investors weigh concerns over AI infrastructure costs and sector-wide disruption.
- Market attention shifts to the upcoming earnings report on March 12, where analysts forecast $5.88 EPS and $6.28B in revenue.
- Projected year-over-year growth stands at 15.75% for earnings and 9.92% for revenue, serving as a critical test of the company's AI profitability.