Erste Group Bank Boosts Adobe's FY2027 Earnings Forecast

Wall Street analysts raise expectations for software company's future performance

Mar. 27, 2026 at 12:36pm

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Adobe Inc. (NASDAQ:ADBE) stock analysts at Erste Group Bank have increased their earnings per share (EPS) forecast for the company's fiscal year 2027 to $21.76, up from their previous estimate of $21.50. This comes as the consensus estimate for Adobe's current full-year earnings stands at $16.65 per share.

Why it matters

The revised FY2027 EPS forecast from Erste Group Bank suggests Wall Street analysts are increasingly bullish on Adobe's long-term growth prospects, despite the company's stock price declining in recent months. This could signal confidence in Adobe's ability to continue expanding its cloud-based software and digital experience offerings.

The details

In a research report released on Tuesday, March 24th, Erste Group Bank analyst H. Engel raised the firm's FY2027 EPS estimate for Adobe. Several other equity analysts have also weighed in on the stock, with some cutting their near-term price targets but maintaining overall positive ratings.

  • The research report from Erste Group Bank was released on Tuesday, March 24th, 2026.
  • Adobe is expected to report its current full-year earnings in the coming weeks.

The players

Adobe Inc.

A global software company that develops creative, marketing and enterprise solutions for digital media and digital experiences.

Erste Group Bank

An Austrian banking group that provides a range of financial services across Central and Eastern Europe.

H. Engel

An equity analyst at Erste Group Bank covering Adobe.

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What they’re saying

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What’s next

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The takeaway

This revised FY2027 earnings forecast for Adobe suggests Wall Street analysts see the company continuing to grow and expand its cloud-based software and digital experience offerings over the long term, despite near-term stock price volatility.