Adobe Likely to Post In-Line Fiscal Q3 Results, RBC Says

11:53 AM EDT, 09/02/2026 (MT Newswires) -- Adobe (ADBE) is expected to report in-line fiscal Q3 results Sept. 10, with annual recurring revenue delivering upside to consensus estimate of $27.5 billion, RBC said in a Wednesday note. The note said ARR guidance and an update on pricing and go-to-market will be in focus amid near-term ARR headwinds. Others include announcements on a new CEO and/or CFO. The report also said recent stock performance has been driven in large part by improving software as a service sentiment. "We continue to feel a path to ARR re-acceleration remains the key to company-specific multiple expansion," it said. RBC kept its outperform rating and raised its price target to $315 from $285 on the back of peer multiple expansion. Price: 282.77, Change: -3.31, Percent Change: -1.16