Zacks Research analysts lowered their Q4 2026 earnings per share (EPS) estimate for Adobe. The new forecast stands at $4.90, down from the previous $5.05.
This adjustment suggests a view of weaker near-term profitability compared to earlier expectations. The revision could act as a headwind for the stock. The consensus estimate for Adobe's current full-year earnings remains $16.65 per share.
The revision follows Adobe’s latest earnings report on December 10th. In that report, the company beat consensus estimates. Adobe also provided guidance, forecasting Q1 2026 EPS between $5.85 and $5.90.
No significant market reaction to the analyst revision has been reported.