The near-term setup looks easier than what comes next.
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Citi’s Tyler Radke expects the software developer to deliver a beat-and-raise fiscal third quarter after it lower its annual revenue outlook.

Software and semiconductor stocks are high-flying in morning trading on the backs of stellar Salesforce, Crowdstrike and Nvidia earnings Wednesday. Salesforce is up more than 20%. The software giant said it was deepening its partnership with Anthropic, boosting investor confidence in its ability to integrate AI into its software.

The S&P 500 Index ($SPX ) (SPY ) is up by +0.39% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.84%. E-mini S&P futures (ESU26 ) are up +0.30%, and September E-mini...

Salesforce spent months as the broken name in enterprise software, dragging the sector's AI credibility down with it. Now one earnings report and a surprise Anthropic partnership are forcing the bears to rethink everything.
Adobe and Intuit screen far cheaper on earnings and fair value.

A multiple this low usually means the market smells decline -- yet the latest quarter set records.
This week is much more sedate on the earnings front after a busy few weeks, which could be a good or a bad thing depending on your approach. This week we have Cisco Systems, RocketLab, CoreWeave and Applied Materials as the main companies reporting.
Aug 6 (Reuters) - S&P 500 and Dow futures were steady on Thursday after this week's record-breaking rally as investors awaited details on a Middle East peace deal, while Nasdaq futures slipped as
Arch Capital Group (NASDAQ:ACGL) reported second-quarter after-tax operating income of $893 million, or $2.56 per share, as all three operating segments produced what management described as strong underlying underwriting results. The insurer and reinsurer also accelerated capital returns, repurchas
Adobe is set to report Q3 earnings, with analysts expecting double-digit year-over-year EPS growth.
Adobe stock has sunk despite a better-than-expected Q2 and raised future guidance. But the options market believes ADBE shares will tumble further as the year unfolds.
Adobe (NASDAQ:ADBE) just delivered a record quarter, raised its full-year outlook, and watched its stock fall anyway. That gap between fundamentals and price action frames our thesis. The stock trades at $218.80 after a 15.33% one-week drop and a 37.48% year-to-date decline. Our 24/7 Wall St. price target for Adobe is $320.46, implying 46.46% upside ... Adobe Stock Set for 46% Gain After Earnings Beat
ORCL and ADBE spotlight a positive earnings outlook as S&P 500 estimates rise, even as investors weigh AI spending, cash flow and growth trends.
The earnings revisions trend for full-year 2026 has been positive for quite some time now, with estimates for 11 of the 16 Zacks sectors increasing since the start of March. Energy, Basic Materials, and Technology have been the biggest beneficiaries.
Adobe stock sinks as CFO Dan Durn announces a sudden departure. Wall Street analysts are downgrading ADBE shares today.
Adobe beat Wall Street estimates and raised its full-year outlook, but investors focused on the departure of finance chief Dan Durn
Adobe (NASDAQ:ADBE) delivered stronger-than-expected second-quarter results on Thursday, surpassing Wall Street forecasts for both revenue and earnings while increasing its full-year guidance. However, the stock moved lower in premarket trading after investors focused on unchanged annual recurring revenue projections and another senior leadership transition.
Patrick Moorhead said Adobe’s focus on user growth over near-term revenue is like “investment protection” and should not be confused with demand weakness.
Adobe Inc (ADBE) reports robust financial performance with significant growth in AI-driven products, while navigating strategic transitions and freemium model expansion.
Adobe (NASDAQ:ADBE) reported record fiscal second-quarter revenue and raised its full-year revenue outlook, while executives outlined a strategic shift toward more aggressive freemium user acquisition across Acrobat, Express and Firefly that is expected to weigh on second-half annual recurring reven
Adobe’s CFO, Dan Durn, quits to join Marvell Technologies.
Adobe Falls Sharply as Market Doubts AI Growth Story
Wall Street remains divided on the ADBE’s near-term outlook, with the majority of the analysts rating the stock ‘Hold.’
Asking for a Trend Host Josh Lipton breaks down what investors should be on the lookout for on Thursday, June 11. On the earnings front, Adobe (ADBE) and Lennar (LEN) are set to report, while key economic releases include the Producer Price Index (PPI) and weekly initial jobless claims.
Adobe Earnings Loom as Analysts Debate AI Growth Potential
Adobe (NASDAQ: ADBE) is set to report its earnings on Thursday, June 11, 2026. Heading into the results, the stock has experienced notable pressure, dropping roughly 8% over the past five days as investors heavily scrutinize the company's ability to successfully monetize its generative AI tools.
Adobe's latest earnings report is set to be released Thursday afternoon, with traders expect a sizable swing from the software stock following the results.
