Adobe Q3 Preview: Stock Has Slumped After 8 Of Last 9 Reports
1. ADBE is expected to report $5.91 billion revenue, up 9.2% year-over-year. 2. Analysts anticipate EPS growth to $5.18 from $4.65 YoY. 3. Eight of the last nine earnings results saw ADBE shares fall post-report. 4. Critics highlight ADBE's struggle against AI competition impacting growth. 5. Analysts are lowering price targets, indicating cautious sentiment around ADBE.