Earnings Outlook

Earnings guidance released in late May 2026 predicts Q3 2026 earnings per share (EPS) of $2.63, a 7.8 % year‑over‑year increase. Forecasts forecast fiscal 2026 EPS growth of 10.6 % and fiscal 2027 growth of 9.7 %. The company’s market capitalization stands at $18.9 billion. Despite exceeding estimates in recent quarters, the stock has declined 31.4 % over the past 52 weeks, underperforming the S&P 500 and the State Street Technology Select Sector ETF (XLK). Analyst consensus remains moderately bullish, with an average price target of $239.57 indicating a 49.5 % upside opportunity.