Autodesk (NASDAQ:ADSK) Releases FY 2027 Earnings Guidance

Autodesk (NASDAQ:ADSKGet Free Report) issued an update on its FY 2027 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 12.520-12.600 for the period, compared to the consensus estimate of 12.020. The company issued revenue guidance of $8.6 billion-$8.7 billion, compared to the consensus revenue estimate of $8.2 billion. Autodesk also updated its Q3 2027 guidance to 3.040-3.090 EPS.

Autodesk Stock Performance

ADSK traded up $15.81 during trading hours on Thursday, reaching $270.58. The company’s stock had a trading volume of 3,791,006 shares, compared to its average volume of 2,312,052. The firm has a market cap of $57.09 billion, a PE ratio of 39.44, a price-to-earnings-growth ratio of 1.54 and a beta of 1.29. The company’s 50-day moving average is $223.06 and its 200-day moving average is $231.87. Autodesk has a 52 week low of $185.50 and a 52 week high of $329.09. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.83 and a current ratio of 0.83.

Autodesk (NASDAQ:ADSKGet Free Report) last released its quarterly earnings results on Thursday, August 27th. The software company reported $3.30 earnings per share for the quarter, topping the consensus estimate of $3.12 by $0.18. The business had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $2.01 billion. Autodesk had a return on equity of 57.14% and a net margin of 19.49%.Autodesk has set its FY 2027 guidance at 12.520-12.600 EPS and its Q3 2027 guidance at 3.040-3.090 EPS. On average, equities analysts forecast that Autodesk will post 9.7 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have weighed in on ADSK. Morgan Stanley cut their target price on shares of Autodesk from $350.00 to $315.00 and set an “overweight” rating on the stock in a research report on Tuesday, May 26th. Barclays restated an “overweight” rating on shares of Autodesk in a report on Wednesday, August 19th. Citigroup upped their target price on Autodesk from $252.00 to $269.00 and gave the company a “neutral” rating in a research report on Thursday, August 20th. BNP Paribas Exane initiated coverage on shares of Autodesk in a research note on Thursday, June 18th. They issued an “outperform” rating and a $295.00 price target for the company. Finally, Wells Fargo & Company cut their target price on Autodesk from $350.00 to $330.00 and set an “overweight” rating on the stock in a report on Friday, May 29th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $321.65.

Check Out Our Latest Analysis on ADSK

Insider Buying and Selling at Autodesk

In related news, Director Stacy J. Smith acquired 3,435 shares of the company’s stock in a transaction that occurred on Friday, May 29th. The shares were acquired at an average price of $231.17 per share, with a total value of $794,068.95. Following the acquisition, the director owned 26,517 shares of the company’s stock, valued at approximately $6,129,934.89. This trade represents a 14.88% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Janesh Moorjani purchased 2,500 shares of the business’s stock in a transaction on Monday, June 15th. The stock was purchased at an average cost of $197.67 per share, with a total value of $494,175.00. Following the completion of the acquisition, the executive vice president owned 50,993 shares in the company, valued at approximately $10,079,786.31. This trade represents a 5.16% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have acquired 7,935 shares of company stock valued at $1,666,644 in the last 90 days. 0.14% of the stock is currently owned by company insiders.

More Autodesk News

Here are the key news stories impacting Autodesk this week:

  • Positive Sentiment: Autodesk reported quarterly EPS of $3.30, exceeding the analyst consensus of $3.12, while revenue reached $2.05 billion versus expectations of $2.01 billion. Revenue grew 16% year over year, or 14% on a constant-currency basis. Autodesk fiscal 2027 second-quarter results
  • Positive Sentiment: Management raised fiscal 2027 EPS guidance to $12.52-$12.60, well above the $12.02 consensus estimate, and forecast revenue of $8.6-$8.7 billion versus analysts’ $8.2 billion expectation. The guidance increase is a significant positive catalyst because it suggests stronger operating momentum than previously anticipated.
  • Positive Sentiment: Third-quarter fiscal 2027 EPS guidance of $3.04-$3.09 also exceeded the $2.99 consensus forecast. Revenue guidance of approximately $2.1 billion was broadly in line with expectations, making the earnings outlook the primary upside factor.
  • Neutral Sentiment: Autodesk reported a 57.14% return on equity and a 19.49% net margin, supporting the company’s profitability profile, although its valuation remains a consideration with the stock trading at a relatively high earnings multiple.
  • Neutral Sentiment: Pre-earnings coverage focused on whether Autodesk could sustain its growth trajectory and whether the stock offered better value than DocuSign. Those concerns were partly addressed by the earnings beat and stronger guidance, but investors will continue watching growth and valuation. Autodesk growth story faces a fresh test

Institutional Investors Weigh In On Autodesk

A number of large investors have recently made changes to their positions in ADSK. State Street Corp increased its position in Autodesk by 0.7% during the 4th quarter. State Street Corp now owns 10,157,826 shares of the software company’s stock valued at $3,006,818,000 after buying an additional 70,053 shares in the last quarter. Amundi grew its position in Autodesk by 3.0% in the 3rd quarter. Amundi now owns 2,726,105 shares of the software company’s stock worth $881,704,000 after purchasing an additional 79,171 shares during the period. Northern Trust Corp increased its position in Autodesk by 1.4% during the fourth quarter. Northern Trust Corp now owns 2,553,324 shares of the software company’s stock valued at $755,809,000 after acquiring an additional 35,641 shares during the last quarter. Invesco Ltd. lifted its stake in shares of Autodesk by 9.0% in the 4th quarter. Invesco Ltd. now owns 2,415,862 shares of the software company’s stock worth $715,119,000 after purchasing an additional 198,616 shares during the period. Finally, Wellington Management Group LLP grew 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 valued at $552,994,000 after acquiring an additional 950,149 shares during the period. 90.24% of the stock is currently owned by institutional investors.

About Autodesk

(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.

Further Reading

Earnings History and Estimates for Autodesk (NASDAQ:ADSK)

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