Adobe Inc. (NASDAQ:ADBE) is a leading software company known for its creative and digital marketing solutions. The company offers a wide range of products, including Adobe Photoshop, Illustrator, and Acrobat, which are widely used by professionals and businesses worldwide. Adobe competes with other tech giants like Microsoft and Salesforce in the digital media and marketing space.
On September 11, 2025, Adobe reported its earnings, showcasing an impressive performance. The company achieved an earnings per share (EPS) of $5.31, surpassing the estimated $5.17. Additionally, Adobe's revenue reached approximately $5.99 billion, exceeding the forecasted $5.91 billion. This strong financial performance has been a key driver in the recent surge of Adobe's stock price.
Adobe's shares experienced a 6% increase following the release of its third-quarter results, as highlighted by CNBC's MacKenzie Sigalos. Looking ahead, Adobe has increased its fiscal 2025 revenue and profit forecasts, indicating a positive outlook. The company projects fourth-quarter EPS to be between $5.35 and $5.40, surpassing the average analyst estimate of $5.34. Revenue for the fourth quarter is anticipated to range from $6.08 billion to $6.13 billion, aligning with analysts' expectations.
Adobe's digital media business is expected to grow by 11.3% for the fiscal year, up from a previous estimate of 11%. For the fourth quarter, digital media revenue is projected to be between $4.56 billion and $4.51 billion, exceeding the average estimate of $4.51 billion. These positive projections have contributed to the recent spike in Adobe's stock price, despite a challenging year where shares have fallen by 21%.