Adobe reports record Q3 results. Adobe stock gains 1.06 percent

Published on 10/06/2026 at 12:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached USD 6.76 billion in the third quarter, up 13.00 percent year over year. Adobe stock costs EUR 214.58 on October 6, 2026 after EUR 212.33.

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Adobe Inc. (ISIN US00724F1012) was trading at EUR 214.58 at Lang & Schwarz on October 6, 2026 at 12:05 p.m. CEST, up 1.06 percent versus the prior close of EUR 212.33. On September 10, Adobe reported record revenue of USD 6.76 billion for the third quarter of fiscal 2026, up 13.00 percent year over year, according to Nasdaq.

Revenue growth meets higher targets

Adobe's third-quarter GAAP diluted earnings per share reached USD 4.62, while non-GAAP diluted earnings per share reached USD 6.13. Operating cash flow was USD 2.52 billion for the same quarter, giving the results support beyond the revenue headline.

The company also lifted its fiscal 2026 revenue target to USD 26.576 billion-USD 26.626 billion and its non-GAAP diluted earnings per share target to USD 24.45-USD 24.50. For the fourth quarter of fiscal 2026, Adobe targets revenue of USD 6.80 billion-USD 6.85 billion and non-GAAP diluted earnings per share of USD 6.30-USD 6.35, according to Nasdaq.

Analysts split over the outlook

The next question is whether Adobe can sustain that growth after its Semrush acquisition. MarketBeat reported on September 14 that JPMorgan Chase cut its target from USD 340.00 to USD 315.00, while Jefferies cut its target from USD 285.00 to USD 275.00.

That split reflects a measurable tension in the figures. Adobe's annualized recurring revenue reached USD 27.50 billion in the third quarter, up 11.20 percent year over year, while current remaining performance obligations grew 9.00 percent, according to MarketBeat. The recurring-revenue figure is expanding faster than the forward obligation measure, making future demand conversion the central operating issue.

Stock remains below its yearly high

Adobe's market capitalization was USD 94.9 billion as of October 5, 2026. The same primary-market data showed a 52-week range of USD 190.12 to USD 363.70, placing the stock well below its yearly high while the Lang & Schwarz quote stayed positive on October 6.

Zacks lists December 9, 2026 as Adobe's next earnings release date and gives the November 2026 quarter a consensus estimate of USD 6.32 in earnings per share. That date makes the next report the clearest near-term test of whether the raised fiscal targets can translate into sustained demand.

Euro quote moves higher

Adobe stock was trading at EUR 214.58 at Lang & Schwarz on October 6, 2026 at 12:05 p.m. CEST, up 1.06 percent versus the prior close of EUR 212.33. The Nasdaq listing and the Lang & Schwarz quote use different currencies and are therefore shown separately.

The further course of trading is shown by the continuously updated real-time quote of Adobe stock.