Autodesk (NASDAQ:ADSK) Announces Quarterly Earnings Results, Beats Expectations By $0.15 EPS

Posted by Francis Steltz on May 29th, 2026

Autodesk (NASDAQ:ADSK – Get Free Report) announced its quarterly earnings results on Thursday. The software company reported $2.99 EPS for the quarter, topping the consensus estimate of $2.84 by $0.15, FiscalAI reports. Autodesk had a net margin of 15.60% and a return on equity of 53.51%. The firm had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.89 billion. During the same period last year, the business earned $2.29 EPS. Autodesk’s revenue for the quarter was up 18.4% compared to the same quarter last year. Autodesk updated its FY 2027 guidance to 12.400-12.650 EPS and its Q2 2027 guidance to 3.100-3.140 EPS.

Here are the key takeaways from Autodesk’s conference call:

Autodesk beat Q1 fiscal 2027 guidance, with revenue and EPS coming in above the high end of outlook. Management said the strong quarter flowed through to raised full-year guidance.
The company announced a definitive agreement to acquire MaintainX, which Autodesk says will expand its move into operations and help connect design, make, and operate workflows. Management framed the deal as a major step toward more predictive, AI-driven digital twins and a larger addressable market.
Q1 revenue rose 18% reported and billings increased 18% reported, while renewal rates remained strong. Management said the sales reorganization was proceeding as planned, with some expected disruption to new subscription growth but less impact on upfront revenue than anticipated.
Margins and cash generation were solid, with non-GAAP operating margin at 39% and free cash flow of $876 million. Autodesk also repurchased about 1.9 million shares and reiterated a disciplined buyback framework.
Management raised full-year guidance, including billings to $8.505 billion-$8.58 billion, revenue to $8.155 billion-$8.215 billion, and free cash flow to $2.725 billion-$2.8 billion. They said the outlook still assumes some near-term noise from the sales restructuring and ongoing transition in contract mix and pricing.

Autodesk Stock Performance

Shares of ADSK stock opened at $240.95 on Friday. The stock has a market capitalization of $50.88 billion, a PE ratio of 45.98, a price-to-earnings-growth ratio of 1.53 and a beta of 1.32. Autodesk has a 52-week low of $214.10 and a 52-week high of $329.09. The stock’s 50-day moving average price is $238.86 and its 200 day moving average price is $260.61. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.82.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Royal Bank Of Canada reiterated an “outperform” rating and set a $305.00 price target on shares of Autodesk in a research note on Friday. Wolfe Research lifted their price target on shares of Autodesk from $330.00 to $350.00 and gave the stock an “outperform” rating in a research note on Friday, February 27th. Barclays cut their price target on shares of Autodesk from $315.00 to $300.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 13th. Citigroup reiterated a “neutral” rating and set a $246.00 price target (down from $331.00) on shares of Autodesk in a research note on Friday, April 10th. Finally, Zacks Research downgraded shares of Autodesk from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 14th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $329.89.

Check Out Our Latest Stock Report on Autodesk

Autodesk News Summary

Here are the key news stories impacting Autodesk this week:

Positive Sentiment: Autodesk delivered strong fiscal Q1 results, with revenue of $1.93 billion and EPS of $2.99, both ahead of Wall Street estimates, while revenue rose 18.4% year over year. Autodesk (ADSK) Beats Q1 Earnings and Revenue Estimates
Positive Sentiment: The company raised its outlook, guiding Q2 FY2027 EPS to $3.10-$3.14 and full-year FY2027 EPS to $12.40-$12.65, both above consensus, which supports the case for continued growth. AUTODESK, INC. ANNOUNCES FISCAL 2027 FIRST QUARTER RESULTS
Positive Sentiment: William Blair reiterated a Buy rating, and several recent analyst updates remain constructive, suggesting confidence in Autodesk’s long-term growth story. Autodesk Maintains Buy Rating as Strong Q1, Raised Guidance and MaintainX Deal Expand Long-Term Growth Prospects
Neutral Sentiment: Autodesk announced a definitive agreement to acquire MaintainX for about $3.6 billion in cash, a strategic move into operations software that could expand its platform but also raises integration and capital-allocation questions. Autodesk lifts annual forecasts, signs $3.6 billion deal to buy MaintainX
Negative Sentiment: The stock sold off in pre-market trading as investors appeared cautious about the acquisition price and execution risk, even after the earnings beat and raised guidance. Why Autodesk (ADSK) Stock Tumbled 5% Despite Strong Earnings Results

Hedge Funds Weigh In On Autodesk

Several institutional investors have recently added to or reduced their stakes in the stock. Brighton Jones LLC boosted its holdings in shares of Autodesk by 14.5% in the fourth quarter. Brighton Jones LLC now owns 1,162 shares of the software company’s stock valued at $343,000 after acquiring an additional 147 shares in the last quarter. Sivia Capital Partners LLC boosted its holdings in shares of Autodesk by 98.1% in the second quarter. Sivia Capital Partners LLC now owns 2,472 shares of the software company’s stock valued at $765,000 after acquiring an additional 1,224 shares in the last quarter. Schnieders Capital Management LLC. purchased a new stake in shares of Autodesk in the second quarter valued at about $466,000. Baird Financial Group Inc. boosted its holdings in shares of Autodesk by 7.5% in the second quarter. Baird Financial Group Inc. now owns 10,048 shares of the software company’s stock valued at $3,111,000 after acquiring an additional 701 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in shares of Autodesk by 25.3% in the second quarter. NewEdge Advisors LLC now owns 13,860 shares of the software company’s stock valued at $4,291,000 after acquiring an additional 2,795 shares in the last quarter. Institutional investors and hedge funds own 90.24% of the company’s stock.

Autodesk Company Profile

(Get Free Report)

Autodesk, Inc (NASDAQ: ADSK) is a software company that develops design and creation tools for the architecture, engineering and construction (AEC), manufacturing, and media and entertainment industries. Headquartered in San Rafael, California, the company was founded in 1982 and is best known for pioneering CAD (computer-aided design) software. Autodesk sells products and services to a global customer base, including architects, engineers, contractors, product designers, and content creators.

The company’s product portfolio includes industry-standard design and modeling applications such as AutoCAD, Revit, Inventor, Fusion 360, Maya and 3ds Max, as well as cloud-based collaboration and project management platforms like BIM 360 and Autodesk Construction Cloud.

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Earnings History for Autodesk (NASDAQ:ADSK)

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