Adobe raises 2026 revenue guidance while Adobe stock costs EUR 236.08

Published on 10/26/2026 at 11:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adobe's third-quarter revenue rose 13.00 percent to USD 6.76 billion. Adobe stock costs EUR 236.08 on October 26, 2026, minus 0.14 percent versus Xetra close.

Growth and leadership transition

Adobe raised its fiscal 2026 revenue target to USD 26.576 billion-USD 26.626 billion on September 10, 2026.
Adobe's third-quarter ending annual recurring revenue reached USD 27.50 billion in the period ended August 28, 2026.
Adobe stock trades at EUR 236.08 at 11:11 a.m. CEST at Lang & Schwarz on October 26, 2026, 0.14 percent below the Xetra close of October 23, 2026.
Anil Chakravarthy is scheduled to become CEO on December 1, 2026, ahead of the next results date of December 9, 2026.

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Adobe Inc. (ISIN US00724F1012) was trading at EUR 236.08 at Lang & Schwarz on October 26, 2026 at 11:11 a.m. CEST, minus 0.14 percent versus the Xetra close of October 23, 2026 (EUR 236.40). Adobe raised its fiscal 2026 revenue target to USD 26.576 billion-USD 26.626 billion on September 10, 2026, according to Perplexity.

Guidance sets a measured growth bar

Adobe reported revenue of USD 6.76 billion in its fiscal third quarter ended August 28, 2026, up 13.00 percent year over year. GAAP diluted earnings per share reached USD 4.62, while non-GAAP earnings per share came to USD 6.13. The quarterly revenue figure exceeded the USD 6.69 billion consensus cited by MarketBeat on October 25, 2026.

The operating picture combines strong demand with a narrower monetization question. Ending annual recurring revenue reached USD 27.50 billion in the fiscal third quarter, up 11.20 percent year over year, while AI-first ending annual recurring revenue exceeded USD 650.00 million and grew more than 150.00 percent year over year. Adobe also reported USD 2.52 billion in operating cash flow for the period.

What does the guidance mean for growth?

The answer lies in the spread between user reach and paid growth. Adobe said monthly active users exceeded 1 billion in the fiscal third quarter, growing more than 20.00 percent year over year, while creative freemium monthly active users crossed 100 million, up more than 70.00 percent. That scale gives Adobe a substantial conversion pool, but the 10.20 percent full-year ending annual recurring revenue growth target shows that monetization remains the key operating test.

Three September 10 milestones

On September 10, 2026, Adobe reported fiscal third-quarter revenue of USD 6.76 billion. On September 10, 2026, Adobe said Anil Chakravarthy would become CEO effective December 1, 2026. On September 10, 2026, Adobe raised its fiscal 2026 revenue target to USD 26.576 billion-USD 26.626 billion, as documented in the Perplexity transcript.

Two dates shape the next phase

Adobe's leadership transition is scheduled for December 1, 2026, while the next earnings release is expected on December 9, 2026. Zacks lists December 9, 2026 as the next report date. The sequence puts the CEO handover ahead of the next quarterly test.

Stock valuation stays below its yearly high

Adobe's primary listing is Nasdaq, where the stock was last at USD 263.82 on October 23, 2026 at 4:00 p.m. ET. The same dated market context places its 52-week range at USD 190.12 to USD 363.70 and market capitalization at USD 102.7 billion. MarketBeat reported a consensus Hold rating and an average target of USD 283.90 on October 25, 2026, while also pointing to AI disruption and monetization risks.

Adobe stock was trading at EUR 236.08 at Lang & Schwarz on October 26, 2026 at 11:11 a.m. CEST, minus 0.14 percent versus the Xetra close of October 23, 2026 (EUR 236.40). The further course of trading is shown by the continuously updated real-time quote of Adobe stock.