Adobe Q2 Earnings Expected to Show $5.81 EPS

Adobe's earnings on June 11 are expected to reveal $5.81 EPS, according to Wall Street estimates. Meanwhile, Mizuho still maintains a neutral stance on the stock before the quarterly earnings. Some analysts view buybacks as the only solution for Adobe's upcoming earnings, as seen in a Seeking Alpha report.

While details surrounding the actual Q2 earnings performance are limited, these reports set a context for investors ahead of Adobe's official release. Notably, this will be the time to watch for whether the actual earnings will meet or exceed expectations.

A separate report on storage stocks by Mizuho mentions a bullish view for Sandisk, Seagate, and Western Digital, driven by AI-driven memory demand.