Adobe Inc (NASDAQ:ADBE) looks to win over investors when the company reports second-quarter financial results Thursday after market close.Here are the earnings estimates, what experts are saying ahead of the report and key items to watch.Adobe Q2 Earnings EstimatesAnalysts expect Adobe to report second-quarter revenue of $6.45 billion, up from $5.87 billion in last year's second quarter, according to data from Benzinga Pro.The company has beaten analyst estimates for revenue in 13 straight quarters.Analysts expect Adobe to report second-quarter earnings per share of $5.60, up from $5.06 in last year's second quarter.The company has beaten analyst estimates for earnings per share in 17 straight quarters.Previous guidance from the company after first-quarter results calls for second-quarter revenue to be in a range of $6.43 billion to $6.48 billion. The company also guided for earnings per share to be in a range of $5.80 to $5.85.What Experts Are SayingFreedom Capital Markets Chief Market Strategist Jay Woods reminds investors that Adobe stock has traded lower after nine of its last 11 earnings reports."Investors continue to question whether AI is a tailwind or a threat to its core business," Woods said in a weekly newsletter.Woods said that despite putting up "solid numbers," the stock is struggling.The market expert says that Adobe has shown generative AI across several business lines like Acrobat, Photoshop and Creative Cloud, but investors want more proof that AI tools aren't hurting the company's key products."The company likely needs a beat-and-raise plus a clearer AI story to change sentiment when they report."Woods said a CEO succession plan is also a key item to watch after longtime CEO Shantanu Narayen previously announced he will step down when a successor is named.For the Adobe stock chart, Woods sees a good risk-reward set-up heading into earnings.Here are recent analyst ratings on Adobe stock and their price targets:
Adobe Q2 Preview: Stock Near 7-Year Low, Market Expert Says Investors Want Proof 'AI Is A Tailwind' - Ado
Adobe stock trades near a 7-year low. Here's what a market expert says needs to happen with Q2 earnings to boost shares.













