Autodesk (NASDAQ:ADSK – Get Free Report) issued an update on its FY 2027 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 12.400-12.650 for the period, compared to the consensus estimate of 11.810. The company issued revenue guidance of $8.2 billion-$8.2 billion, compared to the consensus revenue estimate of $8.2 billion. Autodesk also updated its Q2 2027 guidance to 3.100-3.140 EPS.
Autodesk Stock Performance
Shares of NASDAQ ADSK opened at $240.95 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.82. Autodesk has a 12 month low of $214.10 and a 12 month high of $329.09. The stock has a 50 day moving average of $238.86 and a 200-day moving average of $260.61. The company has a market capitalization of $50.88 billion, a P/E ratio of 45.98, a P/E/G ratio of 1.53 and a beta of 1.32.
Autodesk (NASDAQ:ADSK – Get Free Report) last released its quarterly earnings results on Thursday, May 28th. The software company reported $2.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.84 by $0.15. Autodesk had a return on equity of 53.51% and a net margin of 15.60%.The business had revenue of $1.93 billion during the quarter, compared to the consensus estimate of $1.89 billion. During the same period in the previous year, the company posted $2.29 EPS. The firm’s quarterly revenue was up 18.4% on a year-over-year basis. Autodesk has set its FY 2027 guidance at 12.400-12.650 EPS and its Q2 2027 guidance at 3.100-3.140 EPS. As a group, equities research analysts predict that Autodesk will post 9.35 EPS for the current year.
Analysts Set New Price Targets
Read Our Latest Report on ADSK
Key Headlines Impacting Autodesk
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
Institutional Trading of Autodesk
Several institutional investors and hedge funds have recently modified their holdings of ADSK. Wellington Management Group LLP lifted its position in shares of Autodesk by 103.5% during the 4th quarter. Wellington Management Group LLP now owns 1,868,159 shares of the software company’s stock worth $552,994,000 after buying an additional 950,149 shares during the last quarter. Two Sigma Investments LP lifted its position in shares of Autodesk by 51,159.6% during the 3rd quarter. Two Sigma Investments LP now owns 512,596 shares of the software company’s stock worth $162,836,000 after buying an additional 511,596 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of Autodesk by 55.2% during the 4th quarter. AQR Capital Management LLC now owns 962,916 shares of the software company’s stock worth $285,033,000 after buying an additional 342,510 shares during the last quarter. Lazard Asset Management LLC lifted its position in shares of Autodesk by 39.6% during the 3rd quarter. Lazard Asset Management LLC now owns 1,159,983 shares of the software company’s stock worth $368,492,000 after buying an additional 329,045 shares during the last quarter. Finally, Caisse de depot et placement du Quebec lifted its position in shares of Autodesk by 2,195.1% during the 4th quarter. Caisse de depot et placement du Quebec now owns 287,691 shares of the software company’s stock worth $85,159,000 after buying an additional 275,156 shares during the last quarter. 90.24% of the stock is currently owned by institutional investors.
Autodesk Company Profile
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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