Coverage summary
Aardvark Labs Capital Research has covered Adobe (ADBE) since June 13, 2025. The company is in the Technology sector. This page lists 6 reports: 6 earnings recaps.
The latest is the Q3 FY26 Earnings Recap, published September 22, 2026. The current rating is Hold, unchanged since the Q2 FY26 Earnings Recap of June 11, 2026. The rating has changed twice since coverage began.
Translations: 6 in Chinese.
The Excel model for ADBE holds 22 quarters and 5 fiscal years of history and 10 quarters and 5 fiscal years of projections. It was last updated October 19, 2026.
Rating history
All ADBE reports
Recap: Q3 FY26
CEO Named, Scoreboard Still Dark: A Record Q3 and a Billion Users Sit Beside a 36% Net-New ARR Decline
Recap: Q2 FY26
Beat, Raise, and a White Flag on the Old Scoreboard: Freemium Pivot Cuts Organic ARR to ~8%, the CFO Exits Mid-CEO-Search — Downgrading to Hold
Recap: Q1 FY26
Record Q1 Print Eclipsed by Narayen CEO Transition: AI-First ARR Triples, 850M MAU, but Stock -7.5% on Reaffirmed Guide + Leadership Uncertainty
Recap: Q4 FY25
Record Q4 Print, FY26 ARR Guide Tempers Enthusiasm: Outperform Maintained on Adobe MAX Optionality + Semrush + Multi-Year AI Trajectory
Recap: Q3 FY25
Q3 Delivers the Q2 Wish List: AI-Influenced ARR Quantified at $5B+, DM ARR Growth Raised, Net New ARR Turning Point
Recap: Q2 FY25
Beat-and-Raise Print, Sell-Off Reaction: AI ARR Disclosure Frustrates a Market Looking for a Number