Adobe (ADBE) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $6.13
- Estimate
- $6.09
- Surprise
- +0.7%
- Score at report (before → after)
- 5.9 → 6.0/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Adobe (ADBE) beat the $6.09 estimate with diluted EPS of $6.13 — a modest 0.7% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.9/10) to Hold at 6.0/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates ADBE Hold at 6.1/10.
4 of the last 4 quarters beat the estimate; this quarter's +0.7% surprise compares with a +2.1% four-quarter average. Next scheduled report: 2026-12-09.
What supports the rating
- V7 flight-to-quality bonus: +0.5 (Q=8.7 in RISK_OFF)
- Strong earnings beat streak (4/4)
What argues against it
- Analyst target reached - limited upside remaining
- Sector modifier (Technology): -0.8
- Negative momentum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $251.80
- Price target
- $254.29
- Stop
- $234.26
- Upside to target
- +1.0%
- Reward-to-risk
- 0.2:1
The stock trades at 14.8× trailing but 9.3× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-09-17 — shown for context, not personalized investment advice.
ADBE at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Software - Application
- Market cap
- $102.46B
- P/E (fwd)
- 9.3
- P/E (ttm)
- 14.8
- 52-week range
- $190.12–$370.86
- Off 52-week high
- 32.1%
- RSI (14)
- 39
- Volume vs avg
- 0.87×
- Score today
- 6.1/10