Autodesk, Inc. (ADSK) Citi's 2026 Global TMT Conference September 9, 2026 9:30 AM EDT
Company Participants
Robert Bray
Simon Mays-Smith - Vice President of Investor Relations
Conference Call Participants
Tyler Radke - Citigroup Inc., Research Division
Presentation
Tyler Radke
Citigroup Inc., Research Division
Hi, everyone. I'm Tyler Radke, Citi's Co-Head of U.S. Software. Thank you for joining day 2 of Citi's Global TMT Conference. We're happy to have Autodesk back, who is a regular attender at the conference and excited to have a great discussion with a practitioner, I would say, at Autodesk.
We have Bob Bray, the VP and GM of Autodesk Tandem. Bob, thanks for making it out to New York City. I know you got a big conference in Las Vegas next week, you're probably busy prepping for. But for the benefit of the folks in the room, give us a sense of your background, what are the things that you do day-to-day at Autodesk just to set the stage?
Robert Bray
Yes. I mean I live and breathe in the trenches. I build software. I run teams to build software. I've been doing it for Autodesk for almost 30 years, all through our architecture, engineering and construction business for a lot of that time, was part of the foundation of our Construction Technology business as we did some foundational acquisitions there. And now I am kind of leading the way into the operations business for Autodesk, so that next pillar of growth for us. So excited to be here.
Question-and-Answer Session
Tyler Radke
Citigroup Inc., Research Division
Yes. And what is Autodesk Tandem just for folks that may be less familiar with it?
Robert Bray
You can think of Tandem as an operational intelligence platform. Autodesk for years has helped customers design and build things. Tandem is
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Stock to Watch: Autodesk (ADSK - Free Report) San Francisco, CA-based Autodesk develops model-based design, engineering and documentation software. The company serves customers in architecture, engineering and construction; product design and manufacturing; and digital media and entertainment industries.
ADSK is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.
Additionally, the company could be a top pick for growth investors. ADSK has a Growth Style Score of A, forecasting year-over-year earnings growth of 21.1% for the current fiscal year.
Five analysts revised their earnings estimate higher in the last 60 days for fiscal 2027, while the Zacks Consensus Estimate has increased $0.05 to $12.63 per share. ADSK also boasts an average earnings surprise of +6.7%.
With a solid Zacks Rank and top-tier Growth and VGM Style Scores, ADSK should be on investors' short list.
B. Metzler seel. Sohn & Co. AG lifted its holdings in Autodesk, Inc. (NASDAQ:ADSK – Free Report) by 32.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 32,166 shares of the software company’s stock after acquiring an additional 7,819 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Autodesk were worth $6,254,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Proficio Capital Partners LLC purchased a new stake in shares of Autodesk during the 2nd quarter worth about $269,000. Railway Pension Investments Ltd increased its stake in shares of Autodesk by 44.9% in the 2nd quarter. Railway Pension Investments Ltd now owns 200,292 shares of the software company’s stock valued at $38,941,000 after purchasing an additional 62,100 shares in the last quarter. Camelot Portfolios LLC acquired a new position in Autodesk in the 2nd quarter worth about $219,000. Quantitative Investment Management LLC boosted its position in Autodesk by 115.2% during the second quarter. Quantitative Investment Management LLC now owns 12,109 shares of the software company’s stock worth $2,354,000 after purchasing an additional 6,482 shares in the last quarter. Finally, Susquehanna Fundamental Investments LLC boosted its position in Autodesk by 105.7% during the second quarter. Susquehanna Fundamental Investments LLC now owns 301,898 shares of the software company’s stock worth $58,695,000 after purchasing an additional 155,160 shares in the last quarter. 90.24% of the stock is currently owned by institutional investors and hedge funds.
Insiders Place Their Bets In other Autodesk news, EVP Janesh Moorjani acquired 2,500 shares of the business’s stock in a transaction that occurred 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 transaction, the executive vice president owned 50,993 shares of the company’s stock, valued at $10,079,786.31. This trade represents a 5.16% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director John T. Cahill acquired 2,000 shares of Autodesk stock in a transaction that occurred on Tuesday, June 23rd. The stock was bought at an average price of $189.20 per share, for a total transaction of $378,400.00. Following the completion of the acquisition, the director owned 4,000 shares in the company, valued at $756,800. This trade represents a 100.00% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.14% of the stock is owned by insiders.
Analyst Ratings Changes ADSK has been the subject of a number of recent analyst reports. Loop Capital cut their price objective on Autodesk from $250.00 to $235.00 and set a “hold” rating for the company in a research report on Friday, May 29th. Zacks Research lowered Autodesk from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 14th. Berenberg Bank set a $333.00 price target on shares of Autodesk in a research note on Tuesday. Bank of America reissued a “buy” rating and issued a $300.00 price target on shares of Autodesk in a research note on Tuesday, May 12th. Finally, Guggenheim boosted their price target on shares of Autodesk from $277.00 to $283.00 and gave the stock a “buy” rating in a report on Friday, August 28th. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, Autodesk presently has an average rating of “Moderate Buy” and an average price target of $321.19. Read Our Latest Analysis on Autodesk
Autodesk Stock Down 1.7% Shares of NASDAQ:ADSK opened at $237.52 on Friday. Autodesk, Inc. has a 52-week low of $185.50 and a 52-week high of $329.09. The stock has a market cap of $49.64 billion, a P/E ratio of 30.73, a PEG ratio of 1.59 and a beta of 1.31. The business has a fifty day moving average of $230.47 and a two-hundred day moving average of $232.60. The company has a quick ratio of 0.83, a current ratio of 0.86 and a debt-to-equity ratio of 0.59.
Autodesk (NASDAQ:ADSK – Get Free Report) last released its quarterly earnings data on Thursday, August 27th. The software company reported $3.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.12 by $0.18. Autodesk had a net margin of 21.08% and a return on equity of 58.63%. The firm had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $2.01 billion. During the same period last year, the business earned $2.62 earnings per share. Autodesk’s revenue was up 16.1% compared to the same quarter last year. 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, research analysts expect that Autodesk, Inc. will post 9.63 earnings per share for the current year.
Autodesk Profile (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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Shares of Autodesk (ADSK - Free Report) have gained 10.2% over the past four weeks to close the last trading session at $258.53, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $324 indicates a potential upside of 25.3%.
The mean estimate comprises 32 short-term price targets with a standard deviation of $39.78. While the lowest estimate of $261.00 indicates a 1% increase from the current price level, the most optimistic analyst expects the stock to surge 76.4% to reach $456.00. It's very important to note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts.
While the consensus price target is highly sought after by investors, the ability and unbiasedness of analysts in setting price targets have long been questionable. And investors making investment decisions solely based on this tool would arguably do themselves a disservice.
However, an impressive consensus price target is not the only factor that indicates a potential upside in ADSK. This view is strengthened by the agreement among analysts that the company will report better earnings than what they estimated earlier. Though a positive trend in earnings estimate revisions doesn't give any idea as to how much the stock could surge, it has proven effective in predicting an upside.
Price, Consensus and EPS Surprise
Here's What You Should Know About Analysts' Price TargetsAccording to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading.
While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why?
They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts.
However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces.
That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism.
Here's Why There Could be Plenty of Upside Left in ADSKAnalysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason to expect an upside in the stock. That's because empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
The Zacks Consensus Estimate for the current year has increased 0.2% over the past month, as two estimates have gone higher compared to no negative revision.
Moreover, ADSK currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Therefore, while the consensus price target may not be a reliable indicator of how much ADSK could gain, the direction of price movement it implies does appear to be a good guide.
Beacon Pointe Advisors LLC acquired a new position in shares of Autodesk, Inc. (NASDAQ:ADSK – Free Report) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 6,476 shares of the software company’s stock, valued at approximately $1,260,000.
Other large investors have also recently added to or reduced their stakes in the company. Torren Management LLC bought a new stake in Autodesk during the fourth quarter worth approximately $25,000. Measured Wealth Private Client Group LLC acquired a new stake in Autodesk in the third quarter worth approximately $25,000. Kemnay Advisory Services Inc. bought a new position in Autodesk during the 4th quarter valued at $25,000. Prosperity Bancshares Inc bought a new position in Autodesk during the 4th quarter valued at $27,000. Finally, Ascentis Independent Advisors acquired a new position in shares of Autodesk during the 1st quarter valued at $28,000. 90.24% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades Several analysts recently commented on ADSK shares. Morgan Stanley cut their target price on shares of Autodesk from $350.00 to $315.00 and set an “overweight” rating for the company in a research note on Tuesday, May 26th. DA Davidson set a $325.00 price target on shares of Autodesk in a research report on Friday. BNP Paribas Exane upped their price target on Autodesk from $295.00 to $300.00 and gave the company an “outperform” rating in a report on Friday. Jefferies Financial Group upgraded Autodesk to a “strong-buy” rating in a research report on Tuesday, May 26th. Finally, KeyCorp reissued an “overweight” rating on shares of Autodesk in a research note on Wednesday, August 19th. Two analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $321.07.
Get Our Latest Research Report on ADSK Autodesk Price Performance Autodesk stock opened at $260.66 on Monday. The company has a current ratio of 0.86, a quick ratio of 0.83 and a debt-to-equity ratio of 0.59. Autodesk, Inc. has a 1-year low of $185.50 and a 1-year high of $329.09. The firm’s fifty day simple moving average is $225.93 and its 200-day simple moving average is $232.22. The company has a market capitalization of $55.00 billion, a P/E ratio of 33.72, a P/E/G ratio of 1.60 and a beta of 1.29.
Autodesk (NASDAQ:ADSK – Get Free Report) last posted its 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. Autodesk had a return on equity of 58.63% and a net margin of 21.08%.The firm had revenue of $2.05 billion during the quarter, compared to analyst estimates of $2.01 billion. During the same period in the previous year, the company earned $2.62 EPS. The company’s revenue for the quarter was up 16.1% on a year-over-year basis. Autodesk has set its FY 2027 guidance at 12.520-12.600 EPS and its Q3 2027 guidance at 3.040-3.090 EPS. Sell-side analysts forecast that Autodesk, Inc. will post 9.7 earnings per share for the current fiscal year.
Insider Buying and Selling at Autodesk In other news, Director John T. Cahill acquired 2,000 shares of the stock in a transaction dated Tuesday, June 23rd. The shares were acquired at an average cost of $189.20 per share, for a total transaction of $378,400.00. Following the completion of the transaction, the director owned 4,000 shares in the company, valued at approximately $756,800. This trade represents a 100.00% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Janesh Moorjani acquired 2,500 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was acquired at an average price of $197.67 per share, with a total value of $494,175.00. Following the purchase, the executive vice president owned 50,993 shares in the company, valued at approximately $10,079,786.31. This represents a 5.16% increase in their position. The SEC filing for this purchase provides additional information. Company insiders own 0.14% of the company’s stock.
Key Autodesk News Here are the key news stories impacting Autodesk this week:
Positive Sentiment: Autodesk reported fiscal Q2 revenue of $2.05 billion, up 16% year over year, and adjusted EPS of $3.30, exceeding analyst expectations of $2.01 billion and $3.12, respectively. Growth was supported by strong renewals, cloud sales, construction activity and operating leverage. Autodesk fiscal 2027 second-quarter results Positive Sentiment: The company raised fiscal 2027 billings and revenue expectations, with full-year revenue guidance of approximately $8.6 billion to $8.7 billion. Management highlighted artificial intelligence, sales productivity and the MaintainX acquisition as longer-term growth drivers. Autodesk raises fiscal 2027 billings outlook Positive Sentiment: Several analysts remain constructive. BTIG reaffirmed a Buy rating with a $300 target, Bank of America maintained its Buy rating and $300 target, while BNP Paribas Exane raised its target to $300. Analysts cited subscription momentum and expectations that margins can improve despite MaintainX-related costs. Analyst rating coverage Neutral Sentiment: Autodesk is expanding its AI strategy and operations-management offerings through MaintainX. While these initiatives could broaden the company’s addressable market, investors are assessing execution risks and the timing of financial benefits. Negative Sentiment: Fiscal Q3 adjusted EPS guidance of $3.04 to $3.09 was below Wall Street expectations. The outlook for operating margins and costs was also viewed as cautious, raising concerns that acquisition expenses and AI investment could pressure near-term profitability. Autodesk quarterly profit forecast Negative Sentiment: The mixed outlook prompted profit-taking after the earnings beat. Although full-year revenue and EPS guidance exceeded some consensus measures, investors appeared more focused on the weaker quarterly profit outlook and margin trajectory. About Autodesk (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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Autodesk Inc. (NASDAQ:ADSK) posted its second-quarter results after Thursday’s closing bell and issued third-quarter EPS guidance below estimates.
Here’s a look at the key figures from the quarter.
ADSK stock is moving. Watch the price action here. Autodesk Q2 Details Autodesk reported quarterly earnings of $3.30 per share, which beat the analyst consensus estimate of $3.12 by 5.77%, according to Benzinga Pro data.
Quarterly revenue of $2.05 billion beat the Street estimate of $2.01 billion.
“We delivered strong second quarter results with consistent execution and momentum. Our sales reorganization is proceeding as expected,” said Janesh Moorjani, Autodesk CFO.
“We have increased our fiscal 27 billings and revenue growth guidance to reflect higher underlying growth expectations, as well as the incremental contribution from MaintainX,” Morrjani added.
Read Next
Looking AheadAutodesk expects third-quarter adjusted EPS of $3.04-$3.09, versus the $3.14 analyst estimate, and expects revenue of $2.13 billion to $2.14 billion, versus the $2.08 billion estimate.
Trending
ADSK Stock Price Activity: According to data from Benzinga Pro, Autodesk stock was down 4.83% to $257.20 in Thursday’s extended trading.
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Autodesk (ADSK.O) forecast third-quarter adjusted profit below expectations on Thursday, sending its shares down more than 5% in extended trading, as investors worry over the potential disruption from AI tools on the software company.
The design and construction software maker said it was seeing higher operating and financing costs tied to its $3.6 billion acquisition of maintenance and operations software firm MaintainX that closed earlier this month.
The AutoCAD maker forecast third-quarter adjusted profit of $3.04 to $3.09 per share — below analysts' average estimate of $3.14, according to data compiled by LSEG.
It raised its annual billings forecast to $8.58 billion to $8.65 billion from its prior estimate of $8.51 billion to $8.58 billion, indicating steady demand.
Second-quarter revenue of $2.05 billion beating estimate of $2.01 billion, while adjusted profit per share of $3.30 trumped Street view of $3.12.
Autodesk software are used by architects, engineers, builders, manufacturers and others to design buildings, products and infrastructure.
Software stocks have broadly come under pressure this year amid investor fears that increasingly capable general-purpose AI tools could disrupt or replace some specialized functions.
Autodesk in May agreed to acquire MaintainX to boost its AI push.
Autodesk (ADSK - Free Report) came out with quarterly earnings of $3.3 per share, beating the Zacks Consensus Estimate of $3.12 per share. This compares to earnings of $2.62 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +5.77%. A quarter ago, it was expected that this design software company would post earnings of $2.84 per share when it actually produced earnings of $2.99, delivering a surprise of +5.28%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Autodesk, which belongs to the Zacks Internet - Software industry, posted revenues of $2.05 billion for the quarter ended July 2026, surpassing the Zacks Consensus Estimate by 1.84%. This compares to year-ago revenues of $1.76 billion. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Autodesk shares have lost about 13.9% since the beginning of the year versus the S&P 500's gain of 12.1%.
What's Next for Autodesk?While Autodesk has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Autodesk was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $3.15 on $2.08 billion in revenues for the coming quarter and $12.63 on $8.19 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Software is currently in the top 35% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Guidewire Software (GWRE - Free Report) , is yet to report results for the quarter ended July 2026. The results are expected to be released on September 3.
This provider of software to the insurance industry is expected to post quarterly earnings of $0.94 per share in its upcoming report, which represents a year-over-year change of +11.9%. The consensus EPS estimate for the quarter has been revised 0.4% lower over the last 30 days to the current level.
Guidewire Software's revenues are expected to be $402.23 million, up 12.8% from the year-ago quarter.
Autodesk (ADSK - Free Report) reported $2.05 billion in revenue for the quarter ended July 2026, representing a year-over-year increase of 16.1%. EPS of $3.30 for the same period compares to $2.62 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $2.01 billion, representing a surprise of +1.84%. The company delivered an EPS surprise of +5.77%, with the consensus EPS estimate being $3.12.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Autodesk performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Billings: $1.85 billion versus the five-analyst average estimate of $1.77 billion.Net Revenue- Other: $94 million compared to the $102.16 million average estimate based on six analysts. The reported number represents a change of -2.1% year over year.Net Revenue- Subscription: $1.95 billion versus the six-analyst average estimate of $1.9 billion. The reported number represents a year-over-year change of +17.7%.Net Revenue by Product Family- M&E (Media and Entertainment): $92 million compared to the $97.88 million average estimate based on three analysts. The reported number represents a change of +15% year over year.Net Revenue by Product Family- AECO (Architecture, Engineering, Construction and Operations): $1.03 billion versus the two-analyst average estimate of $1.01 billion. The reported number represents a year-over-year change of +17.2%.Net Revenue by Product Family- Other: $40 million versus the two-analyst average estimate of $39.15 million. The reported number represents a year-over-year change of +29%.Net Revenue by Product Family- AutoCAD and AutoCAD LT: $500 million compared to the $482.06 million average estimate based on two analysts. The reported number represents a change of +13.6% year over year.Net Revenue by Product Family- MFG (Manufacturing): $385 million versus $375.32 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +15.3% change.View all Key Company Metrics for Autodesk here>>>
Shares of Autodesk have returned +3.9% over the past month versus the Zacks S&P 500 composite's +3.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Autodesk Stock Rally: Why Momentum May Not Be Done YetAutodesk NASDAQ: ADSK reported fiscal 2027 second-quarter revenue and earnings per share above the high end of its guidance ranges, prompting the company to raise its full-year outlook for billings and revenue. The updated forecast also incorporates the acquisition of MaintainX, which closed on Aug. 3.
Chief Executive Officer Andrew Anagnost said Autodesk is pursuing a strategy centered on “project intelligence,” connecting data and workflows across design, construction, manufacturing and asset operations. The company aims to extend information generated during planning and construction into the operational life of assets, then use operating performance data to inform future projects.
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Analysts Love These 3 Companies Reporting Earnings This Week“We delivered another strong quarter,” Anagnost said, citing the company’s execution and the ongoing benefits of prior business-model changes.
Second-Quarter Results and Updated Outlook Chief Financial Officer Janesh Moorjani said second-quarter revenue increased 16% year over year as reported, or 14% in constant currency. The company said its new transaction model added about 2 percentage points to revenue growth during the quarter.
Autodesk Stock Ready to Rip? Q3 May Be the Turning PointBillings rose 10% as reported and 12% in constant currency. Moorjani said the transaction model did not have a significant impact on billings growth in the second quarter. He also said Autodesk continued reducing multi-year contract discounts, including winding down multi-year renewals under its maintenance-to-subscription program. The company expects that approach to improve price realization over time, though it may temporarily weigh on unbilled deferred revenue and remaining performance obligations growth.
GAAP operating margin was 29%, up about 4 percentage points year over year. Non-GAAP operating margin was 41%, up about 2 percentage points. Free cash flow totaled $561 million. Autodesk repurchased about 2.1 million shares for $453 million. Moorjani attributed margin improvement to operating leverage, sales optimization and a lower level of stock-based compensation as a percentage of revenue. Autodesk expects stock-based compensation to represent about 9% of revenue in fiscal 2027, down from about 11% in fiscal 2026.
For fiscal 2027, Autodesk raised its billings outlook to a range of $8.575 billion to $8.65 billion and increased its revenue outlook to $8.295 billion to $8.345 billion. The forecast includes approximately six months of MaintainX results. Autodesk expects MaintainX to contribute about $60 million in second-half revenue and about $70 million in second-half billings, with both weighted somewhat toward the fourth quarter.
The company narrowed its free-cash-flow forecast to $2.725 billion to $2.75 billion. The outlook reflects stronger underlying expectations, offset by MaintainX operating and net financing costs and about $45 million in transaction expenses related to the acquisition.
MaintainX Expands Autodesk Into Operations Anagnost described MaintainX as an extension of Autodesk’s digital thread into day-to-day asset maintenance and operations. He said operational data from buildings, factories, machines and other physical assets can help close the feedback loop between how assets are designed, built and used in the real world.
Autodesk’s immediate integration priorities are to preserve MaintainX’s growth momentum and integrate back-office functions, according to Anagnost. Over time, Autodesk sees opportunities to introduce MaintainX to its enterprise accounts, expand it in Europe through partners and broaden its use beyond its primarily manufacturing-focused customer base into architecture, engineering and construction markets.
Moorjani said MaintainX was unprofitable at the time of acquisition, as is typical of a high-growth business, and will dilute Autodesk’s operating margin in fiscal 2027. Still, Autodesk expects fiscal 2028 non-GAAP operating margin to improve modestly from the 39% forecast for fiscal 2027, despite the annualization of MaintainX costs. The company remains on track for a 41% non-GAAP operating margin target in fiscal 2029.
Sales Reorganization and Demand Trends Moorjani said the effects of Autodesk’s sales reorganization remained within the range management had anticipated. The Americas, Asia-Pacific, Eastern Europe and the Middle East are normalizing somewhat earlier than Western Europe, where sales productivity has taken longer to improve.
Renewal rates remained strong, and management said billings linearity during the quarter was better than expected. Anagnost said renewal productivity improved both within Autodesk and among channel partners, while the company also saw encouraging signs in expansion business and pipeline creation. He said mature European markets have been slower to build expansion activity because of consultation periods and related factors.
Autodesk noted that its largest enterprise business agreement renewal cohort is concentrated in the fiscal fourth quarter. Moorjani said the company’s previous outlook had already reflected those cohort dynamics, and second-quarter execution and preparation for the second half supported the decision to raise billings guidance.
AI, Construction and Product Reporting Changes Anagnost said Autodesk is using artificial intelligence to turn connected design, manufacturing, construction and operations data into actionable intelligence. He said the company will use a range of models, including third-party frontier models and Autodesk-built models such as Neural CAD, depending on the need for speed, precision and cost effectiveness.
Management said task-based AI automation is currently embedded in subscription offerings and is supporting Fusion adoption. Over time, Autodesk expects to expand from task automation into workflow and system-level automation, with more consumption-oriented revenue potentially flowing through Flex and other offerings.
Construction continued to grow at more than 20%, according to Anagnost. He said the business benefits from global and segment diversification, but argued that the larger driver is low technology penetration in construction rather than fluctuations in industry backlog metrics.
Autodesk also said it will no longer disclose separate design and make revenue, reflecting its strategy of converging workflows and expanding into operations. The company plans to continue providing commentary on construction, Fusion and operations, and will disclose MaintainX revenue for four quarters to help investors track the acquired business.
Separately, Anagnost announced that Amy Bunszel, executive vice president of Architecture, Engineering and Construction Solutions, plans to retire after 23 years with Autodesk. Bunszel will remain with the company during the search for a successor and through the transition.
About Autodesk (NASDAQ:ADSK)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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Total Revenue: Grew 16% as reported and 14% in constant currency in Q2 fiscal 2027.Billings: Increased 10% as reported and 12% in constant currency.GAAP Operati
The software maker reported a mixed outlook for the third quarter and full year, with profit projections that fall short of expectations, and revenue projections that beat Wall Street's estimates.
, /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today announced its executives will be speaking at the following investor conferences:
September 9, 2026 Citi's 2026 Global TMT Conference
September 9, 2026 Goldman Sachs Communacopia + Technology Conference 2026
A live webcast and replay of the presentations will be available through Autodesk's Investor Relations Website at investors.autodesk.com. Please go to the website 15 minutes early to register, download and install any necessary software. More information will be available on investors.autodesk.com.
About Autodesk
The world's designers, engineers, builders, and creators trust Autodesk to help them design and make anything. From the buildings we live and work in, to the cars we drive and the bridges we drive over. From the products we use and rely on, to the movies and games that inspire us. Autodesk's Design and Make Platform unlocks the power of data to accelerate insights and automate processes, empowering our customers with the technology to create the world around us and deliver better outcomes for their business and the planet. For more information, visit autodesk.com or follow @autodesk. #MakeAnything
Autodesk uses its investors.autodesk.com website as a means of disclosing material non-public information, announcing upcoming investor conferences and for complying with its disclosure obligations under Regulation FD. Accordingly, you should monitor our investor relations website in addition to following our press releases, SEC filings and public conference calls and webcasts.
Autodesk is a registered trademark of Autodesk, Inc., and/or its subsidiaries and/or affiliates in the USA and/or other countries. All other brand names, product names or trademarks belong to their respective holders. Autodesk reserves the right to alter product and services offerings, and specifications and pricing at any time without notice, and is not responsible for typographical or graphical errors that may appear in this document.
Autodesk (ADSK) remains an industry leader, but current valuation at $250+/share limits risk-adjusted upside; I maintain a 'Hold' rating with a $215 PT. Recent 2Q27 results exceeded expectations, highlighting improved profitability and successful AI integration, yet future growth visibility remains opaque. AI is a moat for ADSK, but risks include slower subscriber growth and potential margin pressure if AI becomes a cost of competition rather than a profit driver.
Autodesk Inc. (NASDAQ:ADSK) shares are trading lower Friday after the company reported second-quarter financial results post-market Thursday and issued third-quarter earnings per share guidance below estimates. Also, the company narrowed its fiscal-year 2027 adjusted earnings per share guidance with its midpoint below estimates.
Autodesk shares are retreating from recent levels. Why is ADSK stock falling? Q2 HighlightsAutodesk reported adjusted earnings per share of $3.30, beating the consensus estimate of $3.12. In addition, it reported revenue of $2.046 billion, beating the consensus estimate of $2.012 billion.
“We delivered strong second quarter results with consistent execution and momentum. Our sales reorganization is proceeding as expected,” said Janesh Moorjani, Autodesk CFO.
“We have increased our fiscal 27 billings and revenue growth guidance to reflect higher underlying growth expectations, as well as the incremental contribution from MaintainX.”
Updates FY27 GuidanceAutodesk narrowed its fiscal-year 2027 adjusted earnings per share guidance from a range of $12.40 to $12.65 to a range of $12.52 to $12.60, versus the consensus estimate of $12.60. The company raised its fiscal-year 2027 revenue guidance from a range of $8.155 billion to $8.215 billion to a range of $8.575 billion to $8.650 billion, versus the consensus estimate of $8.206 billion.
For the third quarter, Autodesk sees adjusted earnings per share of $3.04 to $3.09, versus the consensus estimate of $3.14, and revenue of $2.125 billion to $2.140 billion, versus the consensus estimate of $2.082 billion.
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Autodesk Shares Edge LowerADSK Price Action: At the time of publication, Autodesk shares are trading 4.28% lower at $259.00, according to data from Benzinga Pro.
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Autodesk Inc (NASDAQ:ADSK) on Thursday reported upbeat second-quarter financial results and issued third-quarter EPS guidance below estimates.
Autodesk reported quarterly earnings of $3.30 per share, which beat the analyst consensus estimate of $3.12 by 5.77%, according to Benzinga Pro data. Quarterly revenue of $2.05 billion beat the Street estimate of $2.01 billion.
"We delivered strong second quarter results with consistent execution and momentum. Our sales reorganization is proceeding as expected," said Janesh Moorjani, Autodesk CFO.
Autodesk expects third-quarter adjusted EPS of $3.04-$3.09, versus the $3.14 analyst estimate, and expects revenue of $2.13 billion to $2.14 billion, versus the $2.08 billion estimate.
Autodesk shares fell 4% to trade at $259.74 on Friday.
These analysts made changes to their price targets on Autodesk following earnings announcement.
Piper Sandler analyst Clarke Jeffries maintained the stock with an Overweight rating and lowered the price target from $369 to $338. BMO Capital analyst Daniel Jester maintained the stock with a Market Perform and raised the price target from $262 to $283. Guggenheim analyst Tamjid Chowdhury maintained the stock with a Buy and boosted the price target from $277 to $283. Trending
Considering buying ADSK stock? Here’s what analysts think:
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Key Takeaways Autodesk raises fiscal 2027 billings and revenue guidance after stronger Q2 growth and AECO momentum.MaintainX expands Autodesk into operations, with enterprise, Europe and broader AEC adoption as growth paths.Fusion's AI features are driving engagement as Autodesk targets deeper workflow and system-level automation. Autodesk, Inc. (ADSK - Free Report) used its fiscal 2027 second-quarter earnings call to emphasize stronger underlying growth, an expanding operations strategy and a broader push to turn connected project data into AI-driven intelligence.
Management also raised full-year billings and revenue guidance while keeping its non-GAAP operating margin target unchanged, framing MaintainX as both a growth asset and a longer-term extension of Autodesk’s design, make and operate platform.
ADSK Lifts Outlook on Stronger Underlying GrowthJanesh Moorjani, executive vice president and CFO, said second-quarter momentum remained consistent with prior periods, led by AECO strength, particularly construction and emerging markets. Renewal rates also remained strong.
Non-GAAP EPS of $3.30 topped the Zacks Consensus Estimate of $3.12, while revenue of $2.05 billion exceeded the $2.01 billion consensus estimate.
Moorjani raised fiscal 2027 billings guidance to $8.575 billion-$8.65 billion and revenue guidance to $8.295 billion-$8.345 billion. Non-GAAP operating margin guidance remains about 39%, with stronger underlying margins offset by MaintainX dilution.
Autodesk Builds Around MaintainX in OperationsAndrew Anagnost, president and CEO, said customer interest in MaintainX spans manufacturing, general contracting and architecture, where users are looking to improve operations or extend their businesses into operational workflows.
Anagnost said Autodesk’s immediate priorities are preserving MaintainX’s momentum and integrating back-office functions. He also identified enterprise accounts, Europe and broader AEC adoption as key expansion paths.
In Q&A, an Oppenheimer analyst asked about go-to-market integration. Anagnost said Autodesk plans to use enterprise and partner motions similar to those used after earlier construction acquisitions while preserving MaintainX’s product-led growth engine.
ADSK Puts Project Intelligence at Center of AIAnagnost described project intelligence as a continuous flow of data and context from design through construction or manufacturing and into operations. MaintainX extends that loop by adding information about real-world asset performance.
He said this operational data can feed back into design, building and manufacturing processes, strengthening the connected information available across the asset life cycle.
A Barclays analyst asked how MaintainX could improve Autodesk’s AI data advantage. Anagnost said operational information combined with design and build context gives Autodesk a broader base for AI training and workflow support.
Autodesk Sees Fusion as Early AI Growth DriverAnagnost said Fusion is one of Autodesk’s most advanced areas for AI integration, with customers showing deep engagement with the Assistant and AI features inside the product.
He said Fusion continues to grow users, annual contract value, revenue and multi-seat purchases. Autodesk has also promoted new automations and MCP connectors within the Fusion ecosystem.
In response to a Baird analyst, Anagnost said AI is a tailwind to Fusion growth. Task-based automation remains embedded in subscriptions, while deeper workflow and system-level automation is expected to bring more consumption-based revenue over time.
ADSK Sales Reorg Shows Better ProductivityAnagnost said the sales reorganization has improved renewal productivity internally and through channel partners, while shifting more effort toward expansion and new business.
He said pipeline indicators are moving in the intended direction, though mature Western Europe is ramping more slowly because of consultation periods and related regional dynamics.
Moorjani added that seller performance against plan improved in the second quarter versus the first. He still highlighted Western Europe and a large fourth-quarter EBA renewal cohort as important second-half execution points.
Autodesk Keeps Focus on ExecutionManagement’s message centered on sustaining core growth, integrating MaintainX without disrupting its trajectory and expanding AI from task automation toward workflow and system-level use cases.
Anagnost and Moorjani also kept attention on Western Europe sales normalization, the fourth-quarter EBA renewal concentration and margin progression as Autodesk moves through the second half of fiscal 2027.
Zacks Rank and Style Scores Signal a Mixed SetupADSK currently carries a Zacks Rank #3 (Hold). Its Growth Score of A and VGM Score of B are favorable, while its Value Score of D and Momentum Score of D are weaker. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Style Scores complement the Zacks Rank, with the strongest historical combinations centered on Zacks Rank #1 and #2 (Buy) stocks paired with A or B scores. ADSK’s profile is mixed, and its Zacks Rank can change as analysts revise estimates after the just-reported results.
Autodesk (ADSK) Q2 Results: Revenue Growth and MaintainX Acquisition Impact
Autodesk ADSK shares have dipped following its Q2 results for July. The design and manufacturing software company reported a solid earnings per share (EPS) beat, with revenue rising 16.1% year-over-year to $2.05 billion, surpassing expectations. While ADSK raised its fiscal year 2027 revenue and billings outlook, the impact on earnings was tempered by the dilution from its MaintainX acquisition. The FY27 EPS guidance of $12.52 to $12.60 aligns with expectations, while revenue guidance of $8.295 to $8.345 billion exceeds forecasts.
Drivers: Autodesk experienced robust underlying momentum, particularly in AECO (Architecture, Engineering, Construction, and Operations), with construction revenue growing over 20%. Design revenue increased 16% year-over-year to $1.71 billion, and Make revenue rose 26% to $244 million. Billings/Transaction Model: Billings grew 10% year-over-year to $1.85 billion. Management raised its organic billings growth outlook to 9-10% from 8-9%, excluding currency and transaction-model effects. The transaction model contributed approximately 2 percentage points to Q2 revenue growth but had minimal impact on billings, as implementation is now largely complete. AI/Industry Clouds: Autodesk's AI initiatives are bolstered by the industry data and workflow context it captures across design, make, and operate. Fusion is experiencing significant AI integration, which is already aiding growth. Future developments in Fusion, Forma, and Flow are anticipated to enhance workflow automation and consumption-based usage. MaintainX: The MaintainX acquisition opens new avenues for Autodesk within the asset lifecycle operations. It presents opportunities for expansion into larger enterprise accounts and new geographies. However, MaintainX was not profitable upon acquisition, leading to near-term margin dilution as Autodesk focuses on maintaining growth. The Q2 non-GAAP operating margin improved by 2 percentage points to 41%, but FY27 guidance remains at 39% due to MaintainX's impact. Outlook: MaintainX is projected to contribute approximately $60 million in revenue and $70 million in billings during the second half of the year, with a slight bias towards Q4. The Q3 outlook highlights this tradeoff, with revenue guidance of $2.125 to $2.140 billion exceeding expectations, while EPS guidance of $3.04 to $3.09 falls short, as MaintainX growth offsets stronger underlying profitability. Despite the short-term challenges posed by MaintainX, Autodesk's underlying performance in Q2 displayed strong demand, expanding margins, and improved organic revenue and billings expectations. The dilution from the acquisition is obscuring some of the company's strengths, but long-term growth opportunities exist through AI adoption in Fusion and enhanced workflow automation across Autodesk's industry clouds. Overall, the recent stock weakness seems to reflect margin and EPS adjustments rather than any decline in Autodesk's core business.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Disclosures I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.
Key Takeaways Autodesk's Q2 revenues rose 16% to $2.05B, while non-GAAP operating margin expanded to 41%.Construction and emerging markets supported growth as net revenue retention neared the top of its range.Autodesk provides FY27 guidance, projecting revenues of $8.30B-$8.35B and EPS of $12.52-$12.60. Autodesk (ADSK - Free Report) reported second-quarter fiscal 2027 non-GAAP earnings of $3.30 per share, up 26% year over year, aided by operating leverage and benefits from sales optimization. The figure surpassed the Zacks Consensus Estimate of $3.12 by 5.77%.
Revenues increased 16% year over year to $2.05 billion, beating the Zacks Consensus Estimate of $2.01 billion by 1.84%. Strength in construction and emerging markets supported results, while net revenue retention approximated the top end of the 100%-110% range in constant currency.
ADSK’s Q2 Top-Line DetailsDesign revenues increased 16% year over year to $1.71 billion. Make revenues climbed 26% to $244 million, while Other revenues declined 3% to $94 million.
Region-wise, Americas revenues rose 14% to $898 million year over year, EMEA revenues increased 19% to $804 million and APAC revenues advanced 14% to $344 million.
Billings grew 10% to $1.854 billion, or 12% in constant currency. The new transaction model contributed roughly 2 percentage points to revenue growth.
Management said the sales reorganization remained within its expected range of outcomes. The Americas, APAC, Eastern Europe and the Middle East were normalizing somewhat earlier than Western Europe, while renewal rates remained strong.
ADSK’s Product Line in DetailAutodesk continues to report performance across four core product families: AECO, AutoCAD and AutoCAD LT, Manufacturing (MFG) and Media and Entertainment (M&E).
AECO revenues increased 17% year over year to $1.03 billion, with construction among the areas of strength highlighted by management.
AutoCAD and AutoCAD LT revenues rose 14% year over year to $500 million.
On a year-over-year basis, Manufacturing revenues grew 15% to $385 million, while Media and Entertainment revenues increased 15% to $92 million. Other product-family revenues grew 29% to $40 million.
Beginning in the third quarter, Autodesk plans to stop disclosing Design and Make revenues and make minor changes to product-family reporting. The company will continue to provide regular commentary on Construction, Fusion and Operations, and will disclose MaintainX revenues for four quarters.
ADSK’s Q2 Operating ResultsNon-GAAP operating margin expanded 2 percentage points year over year to 41%, reflecting operating leverage and benefits from sales optimization.
GAAP operating margin improved 4 percentage points to 29%, also benefiting from a lower stock-based compensation burden as a percentage of revenues.
Total operating expenses were $1.27 billion compared with $1.16 billion a year earlier. Marketing and sales expenses were $616 million, research and development costs were $464 million, and general and administrative expenses totaled $179 million.
Autodesk’s Backlog Metrics Show Mixed TrendsDeferred revenues increased 11% year over year to $4.26 billion, while current remaining performance obligations, or current RPO, rose 12% to $5.25 billion.
Unbilled deferred revenues declined 8% to $3.18 billion, and total RPO increased 2% to $7.43 billion.
Autodesk said its ongoing reduction of multi-year discounts, including the wind-down of multi-year Maintenance-to-Subscription renewals, should benefit price realization over time while temporarily weighing on unbilled deferred revenue and RPO growth.
ADSK’s Balance Sheet & Cash FlowAs of July 31, 2026, Autodesk had cash and cash equivalents (including marketable securities) of $4.16 billion compared with $2.92 billion as of April 30, 2026.
Autodesk repurchased roughly 2.1 million shares for $453 million during the quarter. Management expects fiscal 2027 share repurchases to be similar to fiscal 2026 in total dollars and continues to target roughly 50% of free cash flow for buybacks over time.
Cash flow from operating activities increased 25% year over year to $575 million. Free cash flow rose 24% to $561 million after $14 million of capital expenditures.
Autodesk Provides Q3 & FY27 OutlookFor the third quarter of fiscal 2027, Autodesk expects revenues of $2.13-$2.14 billion and non-GAAP EPS of $3.04-$3.09.
For fiscal 2027, revenues are projected at $8.30-$8.35 billion, billings at $8.58-$8.65 billion and non-GAAP EPS at $12.52-$12.60.
The company continues to expect a non-GAAP operating margin of about 39% and free cash flow of $2.73-$2.75 billion.
Guidance includes MaintainX, which is expected to contribute about $60 million of second-half revenues and $70 million of second-half billings, both slightly weighted toward the fourth quarter. Free cash flow includes about $45 million of MaintainX transaction expenses.
ADSK’s Zacks Rank & Stocks to ConsiderCurrently, Autodesk carries a Zacks Rank #3 (Hold).
Dell Technologies (DELL - Free Report) , Palo Alto Networks (PANW - Free Report) and ServiceTitan Inc. (TTAN - Free Report) are some better-ranked stocks that investors can consider in the broader Zacks Computer and Technology sector. DELL currently sports a Zacks Rank #1 (Strong Buy), while PANW and TTAN carry a Zacks Rank #2 (Buy) each. You can see the complete list of today’s Zacks #1 Rank stocks here.
Dell Technologies is slated to announce its second-quarter fiscal 2027 results on Sept. 1. Palo Alto Networks is also scheduled to report its fourth-quarter fiscal 2026 results on Sept. 1, while ServiceTitan is set to announce its second-quarter fiscal 2027 results on Sept. 8.
Current execution is strong, but acquisition costs and automation fears are raising the next-quarter hurdle. Summary
Make revenue grew 26%, ten points faster than Design.
Autodesk ADSK, the design and construction-software company, slid more than 5% after hours, with the stock priced at $259.39. The trigger was simple: third-quarter adjusted profit guidance came in soft as MaintainX financing and operating costs started biting. Growth remains alive. The near-term bill just got bigger.
The quarter itself delivered plenty of muscle. Revenue jumped 16% to $2.046 billion. Operating cash flow climbed 25% to $575 million. Free cash flow reached $561 million, producing a hefty 27.4% margin. Make revenue surged 26%, easily beating Design's 16% growth.
Now the valuation gets interesting. Autodesk trades 25.63% below its $348.77 GF Value estimate, a deep gap that shows how much skepticism is already sitting in the stock. The $3.6 billion MaintainX deal must now prove it can widen Autodesk's platform faster than acquisition costs and general-purpose AI can squeeze it. Cash generation is not the problem. Convincing investors that the expansion will create durable value is.
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
Autodesk Inc (NASDAQ:ADSK) stock remains in focus after the software company delivered stronger-than-expected growth and profitability, while investors weighed an improved revenue outlook against a more measured margin forecast.
• Autodesk shares are retreating from recent levels. Why is ADSK stock dropping?
BTIG Sees Stronger Organic GrowthBTIG analyst Nick Altmann reiterated a Buy rating on Autodesk with a $300 price forecast, citing stronger-than-expected revenue growth, resilient renewals and improving expansion activity.
Altmann said Autodesk delivered 14% constant-currency revenue growth, ahead of BTIG’s 12% estimate. Reported revenue increased 16%, or 14% in constant currency.
Adjusting for the new transaction model and foreign exchange, revenue grew 12%, above BTIG’s 9% estimate. Billings increased 10%, or 12% in constant currency, topping the 8% consensus estimate.
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Autodesk also raised its organic fiscal 2027 revenue-growth outlook by about 100 basis points after adjusting for foreign exchange.
Altmann said go-to-market changes remain within management’s expectations, renewals remain strong and early improvement is emerging in expansion activity ahead of a large enterprise business agreement renewal cohort in the second half.
MaintainX is expected to contribute about $60 million in fiscal 2027 revenue and roughly $70 million in billings.
Margins Remain the Main ConcernAutodesk posted a 41% operating margin, beating BTIG’s 39% estimate and expanding about 200 basis points year-over-year. GAAP operating margin reached 29%, above BTIG’s 26% estimate.
However, Altmann called the margin outlook the main sticking point. Autodesk maintained its fiscal 2027 operating-margin framework at roughly 39% and lowered its GAAP margin outlook by about 100 basis points as MaintainX adds costs.
Management expects modest operating-margin expansion in fiscal 2028, although Altmann noted that consensus estimates already largely reflected that improvement.
BTIG maintains its $300 price forecast, based on roughly 20 times estimated fiscal 2028 free cash flow.
ADSK Price Action: Autodesk shares were down 4.51% at $258.39 at the time of publication on Friday, according to Benzinga Pro data.
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Autodesk ADSK stock fell about 4% on Friday after the software company issued third-quarter and full-year earnings guidance that fell short of Wall Street expectations, despite beating estimates for its fiscal second quarter.
Analysts remained broadly positive on the company’s underlying business momentum and maintained Buy ratings with price targets ranging from $285 to $325.
Autodesk reported fiscal second-quarter earnings of $3.30 per share, compared with Wall Street expectations of $3.12.
Revenue rose 16% year over year to $2.05 billion, exceeding the $2.01 billion consensus estimate.
Billings increased 10% from a year earlier to $1.85 billion, while current remaining performance obligations rose 12% to $5.2 billion.
CEO Andrew Anagnost highlighted the company’s position in artificial intelligence, saying, “The future of AI for the built world will belong to the trusted platform that combines the richest context with the right models to deliver the best outcomes for customers.”
BTIG analyst Nick Altmann reiterated a Buy rating with a $300 price target, pointing to stronger-than-expected revenue growth, resilient renewals and improving expansion activity.
Altmann said Autodesk’s revenue increased 14% on a constant-currency basis, ahead of BTIG’s 12% estimate.
Revenue growth adjusted for foreign exchange and the company’s new transaction model was 12%, also above expectations.
Despite the quarterly beat, Autodesk’s outlook pressured the shares.
For the third quarter, the company expects earnings of $3.04 to $3.09 per share and revenue of $2.125 billion to $2.140 billion.
Analysts had expected earnings of $3.14 per share, although their revenue forecast of $2.08 billion was below Autodesk’s guidance range.
For the full year, Autodesk forecast earnings of $12.52 to $12.60 per share and revenue of $8.295 billion to $8.345 billion. Wall Street expects earnings of $12.58 per share and revenue of $8.21 billion.
Autodesk also raised its organic fiscal 2027 revenue-growth outlook by about one percentage point after adjusting for foreign exchange.
Stifel maintained its Buy rating and $285 price target, saying Autodesk exceeded its second-quarter top- and bottom-line expectations.
DA Davidson also reiterated a Buy rating and $325 target, citing the improved organic growth outlook.
Margins remain a key investor concernProfitability remains an area of focus as Autodesk integrates MaintainX.
The company reported a 41% operating margin, above BTIG’s 39% estimate and roughly 200 basis points higher than a year earlier. GAAP operating margin reached 29%, compared with BTIG’s 26% estimate.
However, Altmann identified the margin outlook as the main concern.
Autodesk maintained its fiscal 2027 operating-margin framework at around 39% while lowering its GAAP margin outlook by about one percentage point as MaintainX adds costs.
MaintainX is expected to contribute about $60 million in fiscal 2027 revenue and roughly $70 million in billings.
Stifel noted that the midpoint of Autodesk’s free cash flow guidance declined 1% as the company absorbs MaintainX expenses.
The firm also said Autodesk continues to see traction with its ACC and Fusion products, while broader macroeconomic and demand conditions remain unchanged.
Autodesk (NASDAQ:ADSK) reported fiscal 2027 second-quarter revenue and earnings per share above the high end of its guidance ranges, prompting the company to raise its full-year outlook for billings and revenue. The updated forecast also incorporates the acquisition of MaintainX, which closed on Aug. 3.
Chief Executive Officer Andrew Anagnost said Autodesk is pursuing a strategy centered on “project intelligence,” connecting data and workflows across design, construction, manufacturing and asset operations. The company aims to extend information generated during planning and construction into the operational life of assets, then use operating performance data to inform future projects.
“We delivered another strong quarter,” Anagnost said, citing the company’s execution and the ongoing benefits of prior business-model changes. Second-Quarter Results and Updated Outlook Chief Financial Officer Janesh Moorjani said second-quarter revenue increased 16% year over year as reported, or 14% in constant currency. The company said its new transaction model added about 2 percentage points to revenue growth during the quarter.
Billings rose 10% as reported and 12% in constant currency. Moorjani said the transaction model did not have a significant impact on billings growth in the second quarter. He also said Autodesk continued reducing multi-year contract discounts, including winding down multi-year renewals under its maintenance-to-subscription program. The company expects that approach to improve price realization over time, though it may temporarily weigh on unbilled deferred revenue and remaining performance obligations growth.
GAAP operating margin was 29%, up about 4 percentage points year over year. Non-GAAP operating margin was 41%, up about 2 percentage points. Free cash flow totaled $561 million. Autodesk repurchased about 2.1 million shares for $453 million. Moorjani attributed margin improvement to operating leverage, sales optimization and a lower level of stock-based compensation as a percentage of revenue. Autodesk expects stock-based compensation to represent about 9% of revenue in fiscal 2027, down from about 11% in fiscal 2026.
For fiscal 2027, Autodesk raised its billings outlook to a range of $8.575 billion to $8.65 billion and increased its revenue outlook to $8.295 billion to $8.345 billion. The forecast includes approximately six months of MaintainX results. Autodesk expects MaintainX to contribute about $60 million in second-half revenue and about $70 million in second-half billings, with both weighted somewhat toward the fourth quarter.
The company narrowed its free-cash-flow forecast to $2.725 billion to $2.75 billion. The outlook reflects stronger underlying expectations, offset by MaintainX operating and net financing costs and about $45 million in transaction expenses related to the acquisition.
MaintainX Expands Autodesk Into Operations Anagnost described MaintainX as an extension of Autodesk’s digital thread into day-to-day asset maintenance and operations. He said operational data from buildings, factories, machines and other physical assets can help close the feedback loop between how assets are designed, built and used in the real world.
Autodesk’s immediate integration priorities are to preserve MaintainX’s growth momentum and integrate back-office functions, according to Anagnost. Over time, Autodesk sees opportunities to introduce MaintainX to its enterprise accounts, expand it in Europe through partners and broaden its use beyond its primarily manufacturing-focused customer base into architecture, engineering and construction markets.
Moorjani said MaintainX was unprofitable at the time of acquisition, as is typical of a high-growth business, and will dilute Autodesk’s operating margin in fiscal 2027. Still, Autodesk expects fiscal 2028 non-GAAP operating margin to improve modestly from the 39% forecast for fiscal 2027, despite the annualization of MaintainX costs. The company remains on track for a 41% non-GAAP operating margin target in fiscal 2029.
Sales Reorganization and Demand Trends Moorjani said the effects of Autodesk’s sales reorganization remained within the range management had anticipated. The Americas, Asia-Pacific, Eastern Europe and the Middle East are normalizing somewhat earlier than Western Europe, where sales productivity has taken longer to improve.
Renewal rates remained strong, and management said billings linearity during the quarter was better than expected. Anagnost said renewal productivity improved both within Autodesk and among channel partners, while the company also saw encouraging signs in expansion business and pipeline creation. He said mature European markets have been slower to build expansion activity because of consultation periods and related factors.
Autodesk noted that its largest enterprise business agreement renewal cohort is concentrated in the fiscal fourth quarter. Moorjani said the company’s previous outlook had already reflected those cohort dynamics, and second-quarter execution and preparation for the second half supported the decision to raise billings guidance.
AI, Construction and Product Reporting Changes Anagnost said Autodesk is using artificial intelligence to turn connected design, manufacturing, construction and operations data into actionable intelligence. He said the company will use a range of models, including third-party frontier models and Autodesk-built models such as Neural CAD, depending on the need for speed, precision and cost effectiveness.
Management said task-based AI automation is currently embedded in subscription offerings and is supporting Fusion adoption. Over time, Autodesk expects to expand from task automation into workflow and system-level automation, with more consumption-oriented revenue potentially flowing through Flex and other offerings.
Construction continued to grow at more than 20%, according to Anagnost. He said the business benefits from global and segment diversification, but argued that the larger driver is low technology penetration in construction rather than fluctuations in industry backlog metrics.
Autodesk also said it will no longer disclose separate design and make revenue, reflecting its strategy of converging workflows and expanding into operations. The company plans to continue providing commentary on construction, Fusion and operations, and will disclose MaintainX revenue for four quarters to help investors track the acquired business.
Separately, Anagnost announced that Amy Bunszel, executive vice president of Architecture, Engineering and Construction Solutions, plans to retire after 23 years with Autodesk. Bunszel will remain with the company during the search for a successor and through the transition.
About Autodesk (NASDAQ:ADSK) 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.
Analysts on Wall Street project that Autodesk (ADSK - Free Report) will announce quarterly earnings of $3.12 per share in its forthcoming report, representing an increase of 19.1% year over year. Revenues are projected to reach $2.01 billion, increasing 14% from the same quarter last year.
Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
With that in mind, let's delve into the average projections of some Autodesk metrics that are commonly tracked and projected by analysts on Wall Street.
Analysts' assessment points toward 'Net Revenue- Other' reaching $102.16 million. The estimate indicates a year-over-year change of +6.4%.
The consensus among analysts is that 'Net Revenue- Subscription' will reach $1.90 billion. The estimate suggests a change of +14.8% year over year.
Analysts predict that the 'Net Revenue by Product Family- M&E (Media and Entertainment)' will reach $97.88 million. The estimate indicates a change of +22.4% from the prior-year quarter.
Based on the collective assessment of analysts, 'Net Revenue by Product Family- AECO (Architecture, Engineering, Construction and Operations)' should arrive at $1.01 billion. The estimate suggests a change of +15.2% year over year.
According to the collective judgment of analysts, 'Net Revenue by Product Family- Other' should come in at $39.15 million. The estimate indicates a change of +26.3% from the prior-year quarter.
The consensus estimate for 'Net Revenue by Product Family- AutoCAD and AutoCAD LT' stands at $482.06 million. The estimate indicates a change of +9.6% from the prior-year quarter.
It is projected by analysts that the 'Net Revenue by Product Family- MFG (Manufacturing)' will reach $375.32 million. The estimate points to a change of +12.4% from the year-ago quarter.
Analysts forecast 'Billings' to reach $1.77 billion. The estimate compares to the year-ago value of $1.68 billion.
View all Key Company Metrics for Autodesk here>>>
Shares of Autodesk have experienced a change of +21% in the past month compared to the +2.3% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), ADSK is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
B. Metzler seel. Sohn & Co. AG acquired a new position in shares of Autodesk, Inc. (NASDAQ:ADSK – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 32,166 shares of the software company’s stock, valued at approximately $6,254,000.
A number of other large investors have also made changes to their positions in the stock. Torren Management LLC bought a new position in shares of Autodesk in the fourth quarter valued at approximately $25,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Autodesk in the 3rd quarter worth approximately $25,000. Kemnay Advisory Services Inc. bought a new stake in Autodesk during the 4th quarter worth approximately $25,000. Archer Investment Corp grew its position in Autodesk by 112.2% during the 4th quarter. Archer Investment Corp now owns 87 shares of the software company’s stock worth $26,000 after acquiring an additional 46 shares during the last quarter. Finally, Prosperity Bancshares Inc acquired a new stake in Autodesk during the 4th quarter valued at $27,000. Institutional investors and hedge funds own 90.24% of the company’s stock.
Autodesk Stock Up 1.1% Shares of NASDAQ ADSK opened at $253.82 on Friday. The stock has a market capitalization of $53.56 billion, a P/E ratio of 37.00, a PEG ratio of 1.54 and a beta of 1.29. The stock’s fifty day moving average is $219.71 and its 200 day moving average is $231.77. Autodesk, Inc. 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:ADSK – Get Free Report) last posted its earnings results on Thursday, May 28th. The software company reported $2.99 earnings per share for the quarter, topping analysts’ consensus estimates of $2.84 by $0.15. Autodesk had a net margin of 19.49% and a return on equity of 57.14%. The firm had revenue of $1.93 billion for the quarter, compared to analysts’ expectations of $1.89 billion. During the same quarter in the previous year, the firm posted $2.29 earnings per share. The company’s 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. Sell-side analysts forecast that Autodesk, Inc. will post 9.7 earnings per share for the current fiscal year. Insider Transactions at Autodesk In other Autodesk news, Director John T. Cahill acquired 2,000 shares of Autodesk stock in a transaction on Tuesday, June 23rd. The stock was purchased at an average price of $189.20 per share, for a total transaction of $378,400.00. Following the purchase, the director directly owned 4,000 shares of the company’s stock, valued at $756,800. This trade represents a 100.00% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Janesh Moorjani purchased 2,500 shares of the business’s stock in a transaction dated Monday, June 15th. The shares were purchased at an average price of $197.67 per share, with a total value of $494,175.00. Following the purchase, the executive vice president directly owned 50,993 shares in the company, valued at $10,079,786.31. This trade represents a 5.16% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders bought a total of 7,935 shares of company stock worth $1,666,644 in the last quarter. 0.14% of the stock is currently owned by corporate insiders.
Analysts Set New Price Targets Several equities analysts have recently issued reports on ADSK shares. BNP Paribas Exane started coverage on Autodesk in a research note on Thursday, June 18th. They set an “outperform” rating and a $295.00 price target on the stock. Bank of America reissued a “buy” rating and set a $300.00 price objective on shares of Autodesk in a report on Tuesday, May 12th. DA Davidson restated a “buy” rating and set a $325.00 target price on shares of Autodesk in a research report on Friday, May 29th. Zacks Research cut shares of Autodesk from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 14th. Finally, BTIG Research restated a “buy” rating and issued a $300.00 price objective on shares of Autodesk in a report on Friday, May 29th. Two analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $321.65.
Get Our Latest Stock Analysis on ADSK
Autodesk Profile (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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In the latest trading session, Autodesk (ADSK - Free Report) closed at $241.64, marking a -3.98% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.52%. Elsewhere, the Dow lost 0.51%, while the tech-heavy Nasdaq lost 0.32%.
Coming into today, shares of the design software company had gained 15.26% in the past month. In that same time, the Computer and Technology sector gained 1.99%, while the S&P 500 gained 3.3%.
Investors will be eagerly watching for the performance of Autodesk in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on August 27, 2026. The company is predicted to post an EPS of $3.12, indicating a 19.08% growth compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $2.01 billion, showing a 13.96% escalation compared to the year-ago quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $12.63 per share and a revenue of $8.19 billion, indicating changes of +21.09% and +13.69%, respectively, from the former year.
Investors should also take note of any recent adjustments to analyst estimates for Autodesk. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.63% increase. Autodesk is holding a Zacks Rank of #3 (Hold) right now.
Looking at valuation, Autodesk is presently trading at a Forward P/E ratio of 19.92. This represents a discount compared to its industry average Forward P/E of 21.52.
One should further note that ADSK currently holds a PEG ratio of 1.18. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. By the end of yesterday's trading, the Internet - Software industry had an average PEG ratio of 1.05.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 86, placing it within the top 35% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
Aware Super Pty Ltd as trustee of Aware Super purchased a new stake in shares of Autodesk, Inc. (NASDAQ:ADSK – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 15,554 shares of the software company’s stock, valued at approximately $3,024,000.
Other hedge funds also recently added to or reduced their stakes in the company. Oregon Public Employees Retirement Fund lifted its holdings in shares of Autodesk by 7.1% during the second quarter. Oregon Public Employees Retirement Fund now owns 26,003 shares of the software company’s stock valued at $5,056,000 after purchasing an additional 1,729 shares in the last quarter. Axxcess Wealth Management LLC bought a new position in Autodesk during the 2nd quarter valued at about $1,880,000. Atria Investments Inc lifted its stake in Autodesk by 7.1% during the 2nd quarter. Atria Investments Inc now owns 40,225 shares of the software company’s stock valued at $7,821,000 after acquiring an additional 2,671 shares during the period. Erste Asset Management GmbH boosted its holdings in shares of Autodesk by 57.8% during the 2nd quarter. Erste Asset Management GmbH now owns 565,616 shares of the software company’s stock valued at $110,346,000 after acquiring an additional 207,275 shares during the last quarter. Finally, Mcdonald Partners LLC purchased a new position in shares of Autodesk during the second quarter valued at approximately $76,000. 90.24% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets ADSK has been the topic of a number of research reports. UBS Group restated a “buy” rating on shares of Autodesk in a research note on Friday, May 29th. Bank of America restated a “buy” rating and set a $300.00 target price on shares of Autodesk in a research report on Tuesday, May 12th. Piper Sandler decreased their target price on Autodesk from $383.00 to $369.00 and set an “overweight” rating on the stock in a report on Friday, May 29th. Morgan Stanley lowered their target price on Autodesk from $350.00 to $315.00 and set an “overweight” rating on the stock in a research report on Tuesday, May 26th. Finally, Royal Bank Of Canada cut their price objective on Autodesk from $335.00 to $305.00 and set an “outperform” rating for the company in a research note on Friday, May 29th. Three analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $321.07.
Get Our Latest Analysis on Autodesk
Insider Transactions at Autodesk In other news, Director John T. Cahill bought 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were bought at an average cost of $189.20 per share, for a total transaction of $378,400.00. Following the completion of the transaction, the director owned 4,000 shares of the company’s stock, valued at approximately $756,800. This represents a 100.00% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Janesh Moorjani purchased 2,500 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were purchased at an average cost of $197.67 per share, with a total value of $494,175.00. Following the completion of the purchase, the executive vice president owned 50,993 shares of the company’s stock, valued at $10,079,786.31. The trade was a 5.16% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders have bought 7,935 shares of company stock valued at $1,666,644. 0.14% of the stock is currently owned by insiders.
Autodesk Stock Up 3.4% NASDAQ ADSK opened at $257.96 on Friday. Autodesk, Inc. has a 12 month low of $185.50 and a 12 month high of $329.09. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.78. The stock has a market cap of $54.43 billion, a PE ratio of 37.60, a P/E/G ratio of 1.53 and a beta of 1.29. The stock’s 50 day moving average is $215.88 and its 200 day moving average is $232.15.
Autodesk (NASDAQ:ADSK – Get Free Report) last announced its quarterly earnings data on Thursday, May 28th. The software company reported $2.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.84 by $0.15. Autodesk had a net margin of 19.49% and a return on equity of 57.14%. The business had revenue of $1.93 billion during the quarter, compared to analyst estimates of $1.89 billion. During the same period last year, the firm posted $2.29 EPS. The company’s 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. Research analysts predict that Autodesk, Inc. will post 9.7 EPS for the current fiscal year.
Autodesk Profile (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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Atria Investments Inc raised its holdings in Autodesk, Inc. (NASDAQ:ADSK – Free Report) by 7.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 40,225 shares of the software company’s stock after purchasing an additional 2,671 shares during the period. Atria Investments Inc’s holdings in Autodesk were worth $7,821,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Moss Adams Wealth Advisors LLC grew its position in shares of Autodesk by 1.0% during the fourth quarter. Moss Adams Wealth Advisors LLC now owns 4,267 shares of the software company’s stock worth $1,263,000 after buying an additional 41 shares in the last quarter. CENTRAL TRUST Co raised its holdings in Autodesk by 6.2% in the fourth quarter. CENTRAL TRUST Co now owns 759 shares of the software company’s stock valued at $225,000 after acquiring an additional 44 shares in the last quarter. Smithfield Trust Co boosted its stake in Autodesk by 5.3% during the 4th quarter. Smithfield Trust Co now owns 893 shares of the software company’s stock valued at $266,000 after acquiring an additional 45 shares during the last quarter. Calydon Capital boosted its stake in Autodesk by 1.7% during the 4th quarter. Calydon Capital now owns 2,726 shares of the software company’s stock valued at $807,000 after acquiring an additional 45 shares during the last quarter. Finally, Archer Investment Corp grew its holdings in Autodesk by 112.2% during the 4th quarter. Archer Investment Corp now owns 87 shares of the software company’s stock worth $26,000 after acquiring an additional 46 shares in the last quarter. 90.24% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades Several research firms have recently weighed in on ADSK. KeyCorp dropped their target price on shares of Autodesk from $365.00 to $341.00 and set an “overweight” rating for the company in a research report on Thursday, May 21st. BMO Capital Markets decreased their price target on Autodesk from $279.00 to $262.00 and set a “market perform” rating for the company in a research note on Friday, May 29th. Jefferies Financial Group raised Autodesk to a “strong-buy” rating in a report on Tuesday, May 26th. DA Davidson restated a “buy” rating and set a $325.00 price objective on shares of Autodesk in a research note on Friday, May 29th. Finally, Loop Capital reduced their target price on Autodesk from $250.00 to $235.00 and set a “hold” rating on the stock in a report on Friday, May 29th. Three analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, Autodesk has an average rating of “Moderate Buy” and a consensus price target of $321.07.
Get Our Latest Analysis on ADSK
Autodesk Trading Up 3.4% Autodesk stock opened at $257.96 on Friday. Autodesk, Inc. has a 1 year low of $185.50 and a 1 year high of $329.09. The firm’s 50-day moving average is $215.88 and its 200-day moving average is $232.15. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.83 and a current ratio of 0.83. The company has a market cap of $54.43 billion, a P/E ratio of 37.60, a PEG ratio of 1.53 and a beta of 1.29.
Autodesk (NASDAQ:ADSK – Get Free Report) last announced its quarterly earnings data on Thursday, May 28th. The software company reported $2.99 earnings per share for the quarter, beating analysts’ consensus estimates of $2.84 by $0.15. The business had revenue of $1.93 billion during the quarter, compared to the consensus estimate of $1.89 billion. Autodesk had a net margin of 19.49% and a return on equity of 57.14%. The company’s revenue for the quarter was up 18.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.29 EPS. Autodesk has set its FY 2027 guidance at 12.400-12.650 EPS and its Q2 2027 guidance at 3.100-3.140 EPS. On average, equities analysts expect that Autodesk, Inc. will post 9.7 earnings per share for the current year.
Insider Activity In other Autodesk news, Director Stacy J. Smith purchased 3,435 shares of the stock in a transaction dated Friday, May 29th. The shares were acquired at an average price of $231.17 per share, for a total transaction of $794,068.95. Following the completion of the acquisition, the director owned 26,517 shares of the company’s stock, valued at $6,129,934.89. This represents a 14.88% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Janesh Moorjani purchased 2,500 shares of Autodesk stock in a transaction dated Monday, June 15th. The stock was bought at an average cost of $197.67 per share, with a total value of $494,175.00. Following the completion of the transaction, the executive vice president directly owned 50,993 shares of the company’s stock, valued at $10,079,786.31. This represents a 5.16% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders bought a total of 7,935 shares of company stock worth $1,666,644 over the last 90 days. 0.14% of the stock is currently owned by company insiders.
About Autodesk (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.
Recommended Stories Five stocks we like better than Autodesk Asian Market Circuit Breakers Hit Stocks, Not AI Demand Riot Platforms Re-Wires the Ledger for a $9B AI Power Play Nebius Just Exploded 34% on Blowout Earnings—Is It Time to Buy? Joby’s Defense Pivot Accelerates With $500M Resonant Sciences Deal Want to see what other hedge funds are holding ADSK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Autodesk, Inc. (NASDAQ:ADSK – Free Report).
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Axxcess Wealth Management LLC acquired a new position in Autodesk, Inc. (NASDAQ:ADSK – Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 9,668 shares of the software company’s stock, valued at approximately $1,880,000.
Several other large investors also recently added to or reduced their stakes in ADSK. Torren Management LLC purchased a new position in Autodesk during the fourth quarter worth about $25,000. Measured Wealth Private Client Group LLC purchased a new stake in Autodesk in the third quarter valued at approximately $25,000. Kemnay Advisory Services Inc. bought a new stake in Autodesk during the fourth quarter valued at approximately $25,000. Archer Investment Corp lifted its position in Autodesk by 112.2% during the fourth quarter. Archer Investment Corp now owns 87 shares of the software company’s stock valued at $26,000 after purchasing an additional 46 shares during the last quarter. Finally, Prosperity Bancshares Inc purchased a new position in Autodesk in the 4th quarter worth approximately $27,000. Institutional investors own 90.24% of the company’s stock.
Analysts Set New Price Targets A number of equities analysts have recently commented on ADSK shares. KeyCorp decreased their price target on shares of Autodesk from $365.00 to $341.00 and set an “overweight” rating on the stock in a report on Thursday, May 21st. BMO Capital Markets dropped their price objective on shares of Autodesk from $279.00 to $262.00 and set a “market perform” rating for the company in a report on Friday, May 29th. DA Davidson reissued a “buy” rating and issued a $325.00 target price on shares of Autodesk in a research note on Friday, May 29th. Robert W. Baird cut their target price on Autodesk from $355.00 to $312.00 and set an “outperform” rating for the company in a research note on Friday, April 17th. Finally, BNP Paribas Exane began coverage on shares of Autodesk in a report on Thursday, June 18th. They issued an “outperform” rating and a $295.00 price objective for the company. Three analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $321.07.
View Our Latest Research Report on Autodesk
Autodesk Trading Up 3.4% NASDAQ:ADSK opened at $257.96 on Friday. The firm has a market capitalization of $54.43 billion, a P/E ratio of 37.60, a P/E/G ratio of 1.53 and a beta of 1.29. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.78. The company has a fifty day moving average of $215.88 and a 200 day moving average of $232.15. Autodesk, Inc. has a 52 week low of $185.50 and a 52 week high of $329.09.
Autodesk (NASDAQ:ADSK – Get Free Report) last announced its quarterly earnings results on Thursday, May 28th. The software company reported $2.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.84 by $0.15. The business had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.89 billion. Autodesk had a net margin of 19.49% and a return on equity of 57.14%. The company’s revenue was up 18.4% on a year-over-year basis. During the same quarter last year, the firm earned $2.29 EPS. Autodesk has set its FY 2027 guidance at 12.400-12.650 EPS and its Q2 2027 guidance at 3.100-3.140 EPS. On average, research analysts predict that Autodesk, Inc. will post 9.7 earnings per share for the current year.
Insider Activity at Autodesk In related news, Director Stacy J. Smith acquired 3,435 shares of the firm’s stock in a transaction on Friday, May 29th. The stock was acquired at an average cost of $231.17 per share, for a total transaction of $794,068.95. Following the acquisition, the director owned 26,517 shares of the company’s stock, valued at $6,129,934.89. This trade represents a 14.88% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, Director John T. Cahill bought 2,000 shares of Autodesk stock in a transaction on Tuesday, June 23rd. The shares were purchased at an average price of $189.20 per share, for a total transaction of $378,400.00. Following the acquisition, the director directly owned 4,000 shares in the company, valued at approximately $756,800. This trade represents a 100.00% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have purchased a total of 7,935 shares of company stock worth $1,666,644 over the last quarter. Corporate insiders own 0.14% of the company’s stock.
Autodesk Company Profile (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.
Featured Stories Five stocks we like better than Autodesk Asian Market Circuit Breakers Hit Stocks, Not AI Demand Riot Platforms Re-Wires the Ledger for a $9B AI Power Play Nebius Just Exploded 34% on Blowout Earnings—Is It Time to Buy? Joby’s Defense Pivot Accelerates With $500M Resonant Sciences Deal
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NEXT HEADLINE »Banco Santander S.A. Raises Position in Autodesk, Inc. $ADSK
Banco Santander S.A. boosted its holdings in shares of Autodesk, Inc. (NASDAQ:ADSK – Free Report) by 20.2% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 53,974 shares of the software company’s stock after buying an additional 9,070 shares during the period. Banco Santander S.A.’s holdings in Autodesk were worth $10,494,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Moss Adams Wealth Advisors LLC raised its holdings in shares of Autodesk by 1.0% in the 4th quarter. Moss Adams Wealth Advisors LLC now owns 4,267 shares of the software company’s stock valued at $1,263,000 after acquiring an additional 41 shares in the last quarter. CENTRAL TRUST Co grew its holdings in shares of Autodesk by 6.2% during the fourth quarter. CENTRAL TRUST Co now owns 759 shares of the software company’s stock worth $225,000 after purchasing an additional 44 shares in the last quarter. Smithfield Trust Co grew its holdings in shares of Autodesk by 5.3% during the fourth quarter. Smithfield Trust Co now owns 893 shares of the software company’s stock worth $266,000 after purchasing an additional 45 shares in the last quarter. Calydon Capital increased its position in shares of Autodesk by 1.7% in the fourth quarter. Calydon Capital now owns 2,726 shares of the software company’s stock worth $807,000 after purchasing an additional 45 shares during the last quarter. Finally, Archer Investment Corp increased its position in shares of Autodesk by 112.2% in the fourth quarter. Archer Investment Corp now owns 87 shares of the software company’s stock worth $26,000 after purchasing an additional 46 shares during the last quarter. 90.24% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades Several brokerages have issued reports on ADSK. Jefferies Financial Group upgraded shares of Autodesk to a “strong-buy” rating in a research report on Tuesday, May 26th. BMO Capital Markets decreased their price target on shares of Autodesk from $279.00 to $262.00 and set a “market perform” rating on the stock in a report on Friday, May 29th. Morgan Stanley lowered their price objective 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. KeyCorp dropped their price objective on shares of Autodesk from $365.00 to $341.00 and set an “overweight” rating for the company in a report on Thursday, May 21st. Finally, Rothschild & Co Redburn cut their target price on shares of Autodesk from $375.00 to $360.00 and set a “buy” rating for the company in a research report on Monday, June 1st. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $321.07.
Check Out Our Latest Analysis on Autodesk
Insider Activity at Autodesk In related news, Director Stacy J. Smith acquired 3,435 shares of the company’s stock in a transaction dated Friday, May 29th. The stock was purchased at an average price of $231.17 per share, with a total value of $794,068.95. Following the completion of the purchase, the director owned 26,517 shares in the company, valued at $6,129,934.89. This trade represents a 14.88% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John T. Cahill bought 2,000 shares of the business’s stock in a transaction dated Tuesday, June 23rd. The stock was purchased at an average price of $189.20 per share, for a total transaction of $378,400.00. Following the acquisition, the director directly owned 4,000 shares of the company’s stock, valued at approximately $756,800. The trade was a 100.00% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased 7,935 shares of company stock worth $1,666,644 in the last ninety days. 0.14% of the stock is owned by company insiders.
Autodesk Price Performance Shares of NASDAQ:ADSK opened at $257.96 on Friday. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.78. The stock has a market cap of $54.43 billion, a PE ratio of 37.60, a PEG ratio of 1.53 and a beta of 1.29. The company’s fifty day moving average is $215.88 and its 200 day moving average is $232.15. Autodesk, Inc. has a 52 week low of $185.50 and a 52 week high of $329.09.
Autodesk (NASDAQ:ADSK – Get Free Report) last posted 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 net margin of 19.49% and a return on equity of 57.14%. The business had revenue of $1.93 billion during the quarter, compared to analyst estimates of $1.89 billion. During the same period in the prior year, the business posted $2.29 earnings per share. The company’s 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. Research analysts anticipate that Autodesk, Inc. will post 9.7 earnings per share for the current year.
Autodesk Profile (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 Five stocks we like better than Autodesk Asian Market Circuit Breakers Hit Stocks, Not AI Demand Riot Platforms Re-Wires the Ledger for a $9B AI Power Play Nebius Just Exploded 34% on Blowout Earnings—Is It Time to Buy? Joby’s Defense Pivot Accelerates With $500M Resonant Sciences Deal Want to see what other hedge funds are holding ADSK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Autodesk, Inc. (NASDAQ:ADSK – Free Report).
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NEXT HEADLINE »Baldwin Investment Management LLC Lowers Stake in Autodesk, Inc. $ADSK
Baldwin Investment Management LLC trimmed its holdings in Autodesk, Inc. (NASDAQ: ADSK) by 73.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,879 shares of the software company's stock after selling 7,778 shares during the period. Baldwin Investment Management
In the latest trading session, Autodesk (ADSK - Free Report) closed at $251.59, marking a -1.75% move from the previous day. This change lagged the S&P 500's daily loss of 0.32%. Elsewhere, the Dow saw a downswing of 0.34%, while the tech-heavy Nasdaq depreciated by 0.6%.
The stock of design software company has risen by 20.66% in the past month, leading the Computer and Technology sector's gain of 0.32% and the S&P 500's gain of 2.46%.
The upcoming earnings release of Autodesk will be of great interest to investors. The company's earnings report is expected on August 27, 2026. In that report, analysts expect Autodesk to post earnings of $3.12 per share. This would mark year-over-year growth of 19.08%. In the meantime, our current consensus estimate forecasts the revenue to be $2.01 billion, indicating a 13.96% growth compared to the corresponding quarter of the prior year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $12.58 per share and revenue of $8.19 billion, indicating changes of +20.61% and +13.65%, respectively, compared to the previous year.
Investors should also note any recent changes to analyst estimates for Autodesk. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Right now, Autodesk possesses a Zacks Rank of #3 (Hold).
In terms of valuation, Autodesk is presently being traded at a Forward P/E ratio of 20.36. This expresses a discount compared to the average Forward P/E of 21.5 of its industry.
It is also worth noting that ADSK currently has a PEG ratio of 1.21. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Internet - Software was holding an average PEG ratio of 1.18 at yesterday's closing price.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 101, which puts it in the top 42% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
In the latest close session, Autodesk (ADSK - Free Report) was up +1.19% at $240.03. This move outpaced the S&P 500's daily loss of 0.17%. Meanwhile, the Dow experienced a rise of 0.49%, and the technology-dominated Nasdaq saw a decrease of 0.83%.
Prior to today's trading, shares of the design software company had gained 11.69% outpaced the Computer and Technology sector's gain of 3.01% and the S&P 500's gain of 3.52%.
The upcoming earnings release of Autodesk will be of great interest to investors. The company's earnings report is expected on August 27, 2026. The company is predicted to post an EPS of $3.12, indicating a 19.08% growth compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $2.01 billion, showing a 13.96% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates project earnings of $12.58 per share and a revenue of $8.19 billion, demonstrating changes of +20.61% and +18.9%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Autodesk. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Autodesk is currently sporting a Zacks Rank of #3 (Hold).
With respect to valuation, Autodesk is currently being traded at a Forward P/E ratio of 18.86. Its industry sports an average Forward P/E of 21.72, so one might conclude that Autodesk is trading at a discount comparatively.
It is also worth noting that ADSK currently has a PEG ratio of 1.12. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. ADSK's industry had an average PEG ratio of 1.2 as of yesterday's close.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 108, placing it within the top 44% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
Second quarter fiscal 2027 financial results conference call to be held Thursday, August 27, 2026, 2 p.m. PT
, /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today announced it will share its second quarter fiscal 2027 financial results conference call via its website on Thursday, August 27, 2026, at 2 p.m. Pacific Time (PT). Join the live webcast call here: autodesk.com/investors. An audio replay of the webcast will be available after 5 p.m. PT at autodesk.com/investors.
More information will be available on autodesk.com/investors.
About Autodesk
The world's designers, engineers, builders, and creators trust Autodesk to help them design and make anything. From the buildings we live and work in, to the cars we drive and the bridges we drive over. From the products we use and rely on, to the movies and games that inspire us. Autodesk's Design and Make Platform unlocks the power of data to accelerate insights and automate processes, empowering our customers with the technology to create the world around us and deliver better outcomes for their business and the planet. For more information, visit autodesk.com or follow @autodesk. #MakeAnything
Autodesk is a registered trademark of Autodesk, Inc., and/or its subsidiaries and/or affiliates in the USA and/or other countries. All other brand names, product names or trademarks belong to their respective holders. Autodesk reserves the right to alter product and services offerings, and specifications and pricing at any time without notice, and is not responsible for typographical or graphical errors that may appear in this document.
Investors interested in stocks from the Internet - Software sector have probably already heard of Waystar Holding (WAY - Free Report) and Autodesk (ADSK - Free Report) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.
Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, while our Style Scores work to grade companies based on specific traits.
Waystar Holding has a Zacks Rank of #2 (Buy), while Autodesk has a Zacks Rank of #3 (Hold) right now. The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that WAY has an improving earnings outlook. However, value investors will care about much more than just this.
Value investors are also interested in a number of tried-and-true valuation metrics that help show when a company is undervalued at its current share price levels.
Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years.
WAY currently has a forward P/E ratio of 12.77, while ADSK has a forward P/E of 18.62. We also note that WAY has a PEG ratio of 0.73. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. ADSK currently has a PEG ratio of 1.11.
Another notable valuation metric for WAY is its P/B ratio of 1.02. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. By comparison, ADSK has a P/B of 15.5.
Based on these metrics and many more, WAY holds a Value grade of B, while ADSK has a Value grade of C.
WAY sticks out from ADSK in both our Zacks Rank and Style Scores models, so value investors will likely feel that WAY is the better option right now.
Autodesk (ADSK - Free Report) closed the most recent trading day at $234.97, moving -4.19% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 1.66%. On the other hand, the Dow registered a gain of 1.19%, and the technology-centric Nasdaq increased by 2.78%.
The design software company's stock has climbed by 22.77% in the past month, exceeding the Computer and Technology sector's loss of 7.65% and the S&P 500's loss of 1.49%.
The investment community will be paying close attention to the earnings performance of Autodesk in its upcoming release. The company's upcoming EPS is projected at $3.12, signifying a 19.08% increase compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $2.01 billion, up 13.96% from the prior-year quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $12.58 per share and a revenue of $8.19 billion, signifying shifts of +20.61% and +13.65%, respectively, from the last year.
Investors should also pay attention to any latest changes in analyst estimates for Autodesk. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Autodesk is currently sporting a Zacks Rank of #3 (Hold).
From a valuation perspective, Autodesk is currently exchanging hands at a Forward P/E ratio of 19.5. This indicates a discount in contrast to its industry's Forward P/E of 20.68.
Investors should also note that ADSK has a PEG ratio of 1.16 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Internet - Software industry had an average PEG ratio of 1.18 as trading concluded yesterday.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 147, which puts it in the bottom 41% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
Investors in Autodesk, Inc. (ADSK - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the December 18, 2026 $175.00 Call had some of the highest implied volatility of all equity options today.
What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
What do the Analysts Think?Clearly, options traders are pricing in a big move for Autodesk share, but what is the fundamental picture for the company? Currently, Autodesk is a Zacks Rank #3 (Hold) in the Internet - Software Industry that ranks in the Top 38% of our Zacks Industry Rank. Over the last 60 days, seven analysts have increased their estimates for the current quarter, while none have revised their estimates downward. The net effect has taken our Zacks Consensus Estimate for the current quarter to move from $3.03 per share to $3.12 per share in the same time period.
Given the way analysts feel about Autodesk right now, this huge implied volatility could mean there’s a trade developing. Often times, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
Advent International L.P. decreased its position in Autodesk, Inc. (NASDAQ:ADSK – Free Report) by 21.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 40,410 shares of the software company’s stock after selling 10,905 shares during the period. Autodesk accounts for about 0.2% of Advent International L.P.’s investment portfolio, making the stock its 24th biggest position. Advent International L.P.’s holdings in Autodesk were worth $9,674,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently bought and sold shares of the company. SummitTX Capital L.P. lifted its holdings in shares of Autodesk by 26.8% in the 1st quarter. SummitTX Capital L.P. now owns 4,529 shares of the software company’s stock worth $1,084,000 after buying an additional 958 shares during the period. Lazard Asset Management LLC increased its stake in shares of Autodesk by 11.4% during the first quarter. Lazard Asset Management LLC now owns 1,248,808 shares of the software company’s stock valued at $298,965,000 after buying an additional 128,159 shares during the period. Castleark Management LLC purchased a new position in shares of Autodesk during the first quarter valued at $7,646,000. Weiss Asset Management LP bought a new stake in shares of Autodesk in the first quarter valued at about $8,536,000. Finally, OMERS ADMINISTRATION Corp raised its holdings in shares of Autodesk by 5.1% in the first quarter. OMERS ADMINISTRATION Corp now owns 47,464 shares of the software company’s stock valued at $11,363,000 after acquiring an additional 2,286 shares in the last quarter. Institutional investors own 90.24% of the company’s stock.
Analyst Ratings Changes Several brokerages have issued reports on ADSK. Zacks Research cut shares of Autodesk from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 14th. Piper Sandler reduced their price target on shares of Autodesk from $383.00 to $369.00 and set an “overweight” rating for the company in a report on Friday, May 29th. Morgan Stanley lowered their price target on shares of Autodesk from $350.00 to $315.00 and set an “overweight” rating for the company in a research report on Tuesday, May 26th. DA Davidson reaffirmed a “buy” rating and issued a $325.00 price target on shares of Autodesk in a research report on Friday, May 29th. Finally, Bank of America reiterated a “buy” rating and set a $300.00 price objective on shares of Autodesk in a research note on Tuesday, May 12th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $323.40.
View Our Latest Stock Analysis on ADSK
Autodesk Trading Up 7.7% Shares of NASDAQ ADSK opened at $225.91 on Tuesday. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.83 and a quick ratio of 0.83. The stock has a market capitalization of $47.67 billion, a P/E ratio of 32.93, a price-to-earnings-growth ratio of 1.29 and a beta of 1.32. Autodesk, Inc. has a 1-year low of $185.50 and a 1-year high of $329.09. The business has a fifty day moving average price of $214.58 and a 200 day moving average price of $234.47.
Autodesk (NASDAQ:ADSK – Get Free Report) last posted its 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. The company had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.89 billion. Autodesk had a return on equity of 57.14% and a net margin of 19.49%.The firm’s quarterly revenue was up 18.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.29 earnings per share. Autodesk has set its FY 2027 guidance at 12.400-12.650 EPS and its Q2 2027 guidance at 3.100-3.140 EPS. Equities research analysts expect that Autodesk, Inc. will post 9.64 EPS for the current fiscal year.
Insider Activity In other news, EVP Janesh Moorjani acquired 2,500 shares of Autodesk stock in a transaction that occurred on Monday, June 15th. The stock was purchased at an average price of $197.67 per share, for a total transaction of $494,175.00. Following the purchase, the executive vice president directly owned 50,993 shares in the company, valued at $10,079,786.31. The trade was a 5.16% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director John T. Cahill bought 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were purchased at an average cost of $189.20 per share, with a total value of $378,400.00. Following the transaction, the director directly owned 4,000 shares of the company’s stock, valued at $756,800. The trade was a 100.00% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders have bought 7,935 shares of company stock worth $1,666,644. Corporate insiders own 0.14% of the company’s stock.
About Autodesk (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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Americké akciové trhy během probíhajícího obchodování oslabují, když výprodej v sektoru výrobců čipů převazuje nad pozitivním dopadem klesajících cen ropy.
Širší index S&P 500 klesá o 0,27 % na 7391,61 bodu a technologický Nasdaq Composite odepisuje 0,55 % na 24837,24 bodu. Naopak tradiční index Dow Jones drží mírný zisk a posiluje o 0,19 % na 52045,86 bodu. Tlak na technologické odvětví přichází před zveřejněním výsledků hospodaření velkých společností a zprávami o rostoucí konkurenci v čipovém sektoru. Pokles cen energií po přerušení útoků mezi USA a Íránem naopak mírní inflační obavy.
V rámci jednotlivých odvětví indexu S&P 500 vykazují nejvýraznější růst komunikační služby o 1,6 %, nezbytná spotřeba se ziskem 1,4 % a zdravotní péče, která přidává 0,8 %. Naopak na chvostu trhu se nacházejí informační technologie a energie, které shodně ztrácejí 1,5 %, a v červených číslech se pohybují také utility se ztrátou 1,4 %.
Mezi nejúspěšnější tituly dne se řadí společnost Workday (WDAY) s růstem o 10 %. Výrazně posiluje také ServiceNow (NOW) o 9,1 %, Tyler Technologies (TYL) o 8,0 %, Salesforce (CRM) o 7,9 % a Autodesk (ADSK) se ziskem 7,7 %. Na druhé straně prudce padá Sandisk Corp (SNDK) o 12 %. Nedaří se ani firmě Coherent Corp (COHR) se ztrátou 8,3 %, Advanced Micro Devices (AMD) a Lumentum Holdings (LITE), které odepisují shodně 7,8 %, a Lam Research Corp (LRCX) s poklesem o 7,2 %.
Na komoditním trhu výrazně klesá cena severoamerické lehké ropy WTI o 7,1 % na 83,01 dolaru za barel, zatímco spotové zlato posiluje o 0,7 % na 4081,55 dolaru za unci. Americký dolar vůči euru zůstává téměř beze změny na 1,1380 dolaru, vůči britské libře zpevňuje, když libra klesá o 0,2 % na 1,3303 dolaru, a vůči japonskému jenu mírně ztrácí na 163,65 jenu za dolar. Výnosy desetiletých amerických vládních dluhopisů v reakci na pokles cen ropy klesají o čtyři bazické body na 4,64 %. Bitcoin reaguje mírným růstem o 0,3 % na 64770,14 dolaru.
Index Dow Jones +0,19 % na 52045,86 b.
S&P 500 -0,27 % na 7391,61 b.
Nasdaq Composite -0,55 % na 24837,24 b.
Index S&P 500 -0,27 % na 7391,61 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Komunikační služby +1,6 % Informační technologie -1,5 % Nezbytná spotřeba +1,4 % Energie -1,5 % Zdravotní péče +0,8 % Utility -1,4 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Workday (WDAY) +10 % Sandisk Corp (SNDK) -12 % ServiceNow (NOW) +9,1 % Coherent Corp (COHR) -8,3 % Tyler Technologies (TYL) +8,0 % Advanced Micro Devices (AMD) -7,8 % Salesforce (CRM) +7,9 % Lumentum Holdings (LITE) -7,8 % Autodesk (ADSK) +7,7 % Lam Research Corp (LRCX) -7,2 %
Daniel Marván, Fio banka, a.s.
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.
Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.
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What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.
Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.
The Style Scores are broken down into four categories:
Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.
Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.
Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.
VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.
It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
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To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.
Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.
Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Autodesk (ADSK - Free Report) San Francisco, CA-based Autodesk develops model-based design, engineering and documentation software. The company serves customers in architecture, engineering and construction; product design and manufacturing; and digital media and entertainment industries.
ADSK is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
Additionally, the company could be a top pick for growth investors. ADSK has a Growth Style Score of A, forecasting year-over-year earnings growth of 20.6% for the current fiscal year.
10 analysts revised their earnings estimate higher in the last 60 days for fiscal 2027, while the Zacks Consensus Estimate has increased $0.21 to $12.58 per share. ADSK also boasts an average earnings surprise of +7.1%.
With a solid Zacks Rank and top-tier Growth and VGM Style Scores, ADSK should be on investors' short list.
Pre-Market Stock Futures: Futures are trading lower as more big earnings excitement ran into rising oil prices and geopolitical worries. When the final bell rang on Wednesday, all of the major indices finished the day lower, except the Dow Jones Industrial Average, which essientially closed flat at 52,239. The other three indices closed lower, with the small-cap Russell 2000 taking the biggest hit, closing down 1% at 2,957. At the same time, the tech-heavy Nasdaq finished the session at 25,690, down 0.57%. The S&P 500 closed the day at 7,498, down just 0.14%. The big news after the close was the second-quarter earnings from technology giant Alphabet (NASDAQ: GOOGL | GOOGL Price Prediction), and while they blew past analysts’ estimates, the shares were under pressure in the after-market, and are trading lower this morning in the pre-market action.
Treasury Bonds: The song remains the same in the Treasury complex, as yields were higher across the entire curve once again, and the same reasons for the weakness persist. Higher oil prices are fueling worries about a resurgence of inflation, which took a summer holiday in June and looks set to return when the July inflation numbers come out in the month. The 30-year long bond closed the session at 5.15%, while the ten-year note closed at 4.66%. BTIG pointed out yesterday that 4.65% was a key area for the benchmark bond, and a “decisive close above that level could trigger a move higher”. Investors looking to buy the 10-year should focus on the 4.75% level.
Oil and Gas: In what is becoming a daily story, oil prices moved higher once again. Despite assurances from Secretary of State Rubio that tankers will be able to pass, buyers continue to launch bullish energy bets. When the dust settled on Wednesday, Brent Crude was up 3.05% at $93.79, while West Texas Intermediate finished the day at $86.44, higher by 2.49%. Natural gas joined in, and was last seen at $2.95, up 2.79%.
Gold: Geopolitical worries and rising yields were all it took to keep precious metals on their recent upward trend, where prices hit a 2-week high on Wednesday. Some traders pointed to next week’s meeting of the Federal Reserve governors and said that some of the move higher is positioning ahead of it. Gold closed Wednesday’s session at $4,134, up 1.38%, while Silver closed at $59.62, up 1.68%.
Crypto: The global cryptocurrency market ended slightly lower on Wednesday, with total market capitalization holding steady around $2.24 trillion. Bitcoin traded near $65,900 after climbing to an intraday high of $67,000 earlier in the session. The mild pullback appeared driven mainly by investors locking in profits, alongside a broader shift toward safe-haven assets. Rising crude oil prices and escalating tensions in the Middle East added to the cautious sentiment across risk assets. At 8 AM EDT, Bitcoin was trading at $65,520, while Ethereum was quoted at $1,926.
24/7 Wall St. reviews dozens of analyst research reports every day to identify fresh investment ideas for investors and traders alike. These daily analyst notes include recommendations on stocks to buy, sell, or avoid, as well as new coverage initiations. I would like to remind you that no single analyst report should ever be the sole basis for buying or selling a stock.
Here are some of the top Wall Street analyst upgrades, downgrades, and initiations seen on Thursday, July 23, 2026.
Upgrades: Ameren (NYSE: AEE) was upgraded to Overweight from Sector Weight at KeryBanc, with a $122 target price. AT&T (NYSE: T) was upgraded to Outperform from Peer Perform at Wolfe Research, with a $29 target price. Duke Energy (NYSE: DUK) was raised to Overweight from Sector Weight at KeyBanc, with a $139 target price objective. JPMorgan Chase & Company (NYSE: JPM) was upgraded to Buy from Hold at Deutsche Bank, which moved the target price to $375 from $345. Verisk Analytics (NASDAQ: VRSK) was upgraded to Buy from Hold at Jefferies, which raised the target price on the shares to $235 from $192. Downgrades: Pegasystems (NASDAQ: PEGA) was downgraded to Loop Capital, which slashed the target price to $25 from $55. PNC Financial Services Group (NYSE: PNC) was downgraded to Hold from Buy at Deutsche Bank, with a $265 price target. Northern Trust (NASDAQ: NTRS) was downgraded to Sector Perform from Outperform at RBC Capital, with a $178 target price. Norwegian Cruise Line Holdings (NYSE: NCLH) was downgraded to Hold from Buy at Truist Financial, with a $20 target price. Southern Company (NYSE: SO) was cut to Underweight from Sector Weight at KeyBanc, with a $79 target price. Initiations: Applied Digital (NASDAQ: APLD) was initiated with an Equal Weight at Morgan Stanley, with a $36.50 target price. Autodesk (NASDAQ: ADSK) was initiated with a Buy rating at Guggenheim, with a $245 target price.
Exxon Mobil (NYSE: XOM) was assumed with a Neutral rating at Piper Sandler, which has a $158 target for the integrated oil giant. LiveNation Entertainment (NYSE: LYV) was initiated with a Buy rating at BTIG, with a $215 target price. Tyler Technologies (NYSE: TYL) was started with a Buy rating at Guggenheim, which has a $440 target price for the stock. Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and JPMorgan Chase didn't make the cut. Grab the names FREE today.
Autodesk (ADSK - Free Report) closed at $211.15 in the latest trading session, marking a -3.05% move from the prior day. This change lagged the S&P 500's daily gain of 0.89%. On the other hand, the Dow registered a gain of 0.74%, and the technology-centric Nasdaq increased by 1.29%.
The design software company's shares have seen an increase of 16.02% over the last month, surpassing the Computer and Technology sector's loss of 6.6% and the S&P 500's loss of 0.63%.
The upcoming earnings release of Autodesk will be of great interest to investors. The company's earnings per share (EPS) are projected to be $3.12, reflecting a 19.08% increase from the same quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $2.01 billion, up 13.96% from the prior-year quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $12.58 per share and a revenue of $8.19 billion, representing changes of +20.61% and +13.65%, respectively, from the prior year.
Any recent changes to analyst estimates for Autodesk should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.01% higher. Autodesk is currently a Zacks Rank #3 (Hold).
From a valuation perspective, Autodesk is currently exchanging hands at a Forward P/E ratio of 17.32. This represents a discount compared to its industry average Forward P/E of 19.97.
Meanwhile, ADSK's PEG ratio is currently 1.03. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Internet - Software was holding an average PEG ratio of 1.1 at yesterday's closing price.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 85, placing it within the top 35% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
SummaryAutodesk is upgraded to ‘Strong Buy’ due to durable competitive advantages, robust growth, and a discounted 17x forward P/E multiple.ADSK’s MaintainX acquisition positions it to expand into operations and maintenance, creating a valuable feedback loop with core design products.Fiscal Q1 2027 saw 16% YoY revenue growth, 15% billings growth, and a 2-point margin expansion, with management guiding for double-digit revenue and EPS growth this year.AI integration and proprietary engineering validation tools reinforce ADSK’s moat.Looking for a portfolio of ideas like this one? Members of iREIT®+HOYA Capital get exclusive access to our subscriber-only portfolios. Learn More » Richard Drury/DigitalVision via Getty Images
2026 hasn’t been kind to software stocks, as the tech sector has bifurcated between AI and non-AI. What gets lost in the narrative, however, are quality companies that stand to benefit from AI being integrated into their product
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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in ADSK over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
I am not an investment advisor. This article is for informational purposes and does not constitute as financial advice. Readers are encouraged and expected to perform due diligence and draw their own conclusions prior to making any investment decisions.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Adobe: Consistent Revenue ExpansionAdobe (ADBE +1.43%) primarily generates revenue by providing software subscriptions for digital media creation, document management, and digital marketing.
While undergoing executive transitions with the planned departures of its chief executive officer and chief financial officer, it acquired Semrush and reported 26% net income margin for the quarter ended May 29, 2026.
Autodesk: Stable Revenue With a Recent DipAutodesk (ADSK +0.65%) earns its revenue by delivering advanced software for three-dimensional design, engineering, and construction management.
It announced a strategic collaboration with Amazon Web Services alongside its intent to acquire MaintainX, and it reported 25% net income margin for the quarter ended April 30, 2026.
Why Revenue Matters for Retail InvestorsRevenue shows the total money a business brings in from its operations before any expenses are subtracted. Tracking this top-line figure helps evaluate whether an organization is successfully attracting customers and growing its overall business volume over time.
Quarterly Revenue for Adobe and AutodeskQuarter (Period End)Adobe RevenueAutodesk RevenueQ3 2024$5.4 billion (period ended Aug. 2024)$1.5 billion (period ended July 2024)Q4 2024$5.6 billion (period ended Nov. 2024)$1.6 billion (period ended Oct. 2024)Q1 2025$5.7 billion (period ended Feb. 2025)$1.6 billion (period ended Jan. 2025)Q2 2025$5.9 billion (period ended May 2025)$1.6 billion (period ended April 2025)Q3 2025$6.0 billion (period ended Aug. 2025)$1.8 billion (period ended July 2025)Q4 2025$6.2 billion (period ended Nov. 2025)$1.9 billion (period ended Oct. 2025)Q1 2026$6.4 billion (period ended Feb. 2026)$2.0 billion (period ended Jan. 2026)Q2 2026$6.6 billion (period ended May 2026)$1.9 billion (period ended April 2026)Data source: Company filings. Data as of July 16, 2026.
Foolish TakeAdobe and Autodesk are two leading software design companies serving different end markets. The former’s revenue towers over the latter because of its broader consumer focus compared to Autodesk’s niche industry dominance. Still, both are seeing impressive quarterly sales growth.
This trend stopped for Autodesk in its fiscal first quarter, ended April 30, as revenue dipped to $1.9 billion. That’s because the company underwent a reorganization of its sales team, which impacted its latest quarter’s results. Even so, Autodesk expects its current fiscal year to deliver strong performance, and raised its revenue guidance to around $8.5 billion, an impressive increase from the prior year’s $7.2 billion.
Adobe experienced a massive drop in its share price this year after Wall Street became fearful artificial intelligence will eat into its business, and its CEO and CFO announced they were leaving. As its revenue trend reveals, sales continue to grow. Certainly, there’s uncertainty with the change in leadership, but Adobe’s revenue demonstrates its leadership position and ability to continue gaining customer spend as it incorporates AI into its software. With its shares well below the 52-week high of $376.16 reached in 2025, now is a good time to consider buying its shares.
Robert Izquierdo has positions in Adobe and Amazon. The Motley Fool has positions in and recommends Adobe, Amazon, and Autodesk. The Motley Fool recommends the following options: long January 2028 $330 calls on Adobe and short January 2028 $340 calls on Adobe. The Motley Fool has a disclosure policy.
Autodesk (ADSK - Free Report) closed at $208.98 in the latest trading session, marking a +1.49% move from the prior day. The stock's change was more than the S&P 500's daily gain of 0.38%. At the same time, the Dow added 0.29%, and the tech-heavy Nasdaq gained 0.62%.
The design software company's shares have seen an increase of 2.25% over the last month, surpassing the Computer and Technology sector's loss of 0.53% and the S&P 500's gain of 1.61%.
Market participants will be closely following the financial results of Autodesk in its upcoming release. The company is expected to report EPS of $3.12, up 19.08% from the prior-year quarter. At the same time, our most recent consensus estimate is projecting a revenue of $2.01 billion, reflecting a 13.96% rise from the equivalent quarter last year.
ADSK's full-year Zacks Consensus Estimates are calling for earnings of $12.58 per share and revenue of $8.19 billion. These results would represent year-over-year changes of +20.61% and +13.65%, respectively.
It's also important for investors to be aware of any recent modifications to analyst estimates for Autodesk. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.01% increase. Autodesk is currently sporting a Zacks Rank of #3 (Hold).
From a valuation perspective, Autodesk is currently exchanging hands at a Forward P/E ratio of 16.37. This expresses a discount compared to the average Forward P/E of 19.89 of its industry.
Meanwhile, ADSK's PEG ratio is currently 0.97. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As the market closed yesterday, the Internet - Software industry was having an average PEG ratio of 1.06.
The Internet - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 92, positioning it in the top 38% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow ADSK in the coming trading sessions, be sure to utilize Zacks.com.
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.
The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.
Zacks Premium includes access to the Zacks Style Scores as well.
What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.
Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.
Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.
That's where the Style Scores come in.
To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.
As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.
Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Autodesk (ADSK - Free Report) San Francisco, CA-based Autodesk develops model-based design, engineering and documentation software. The company serves customers in architecture, engineering and construction; product design and manufacturing; and digital media and entertainment industries.
ADSK is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
Momentum investors should take note of this Computer and Technology stock. ADSK has a Momentum Style Score of B, and shares are up 5.1% over the past four weeks.
Nine analysts revised their earnings estimate upwards in the last 60 days for fiscal 2027. The Zacks Consensus Estimate has increased $0.22 to $12.58 per share. ADSK boasts an average earnings surprise of +7.1%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, ADSK should be on investors' short list.
In the latest close session, Autodesk (ADSK - Free Report) was up +1.23% at $208.58. This change outpaced the S&P 500's 0.81% gain on the day. Elsewhere, the Dow gained 0.27%, while the tech-heavy Nasdaq added 1.3%.
Coming into today, shares of the design software company had lost 6.89% in the past month. In that same time, the Computer and Technology sector lost 1.59%, while the S&P 500 gained 1.13%.
The investment community will be paying close attention to the earnings performance of Autodesk in its upcoming release. On that day, Autodesk is projected to report earnings of $3.12 per share, which would represent year-over-year growth of 19.08%. Alongside, our most recent consensus estimate is anticipating revenue of $2.01 billion, indicating a 13.96% upward movement from the same quarter last year.
ADSK's full-year Zacks Consensus Estimates are calling for earnings of $12.58 per share and revenue of $8.19 billion. These results would represent year-over-year changes of +20.61% and +13.65%, respectively.
It is also important to note the recent changes to analyst estimates for Autodesk. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.01% increase. Autodesk is currently sporting a Zacks Rank of #3 (Hold).
Investors should also note Autodesk's current valuation metrics, including its Forward P/E ratio of 16.38. This valuation marks a discount compared to its industry average Forward P/E of 19.31.
Meanwhile, ADSK's PEG ratio is currently 0.97. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Internet - Software stocks are, on average, holding a PEG ratio of 1.05 based on yesterday's closing prices.
The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 90, this industry ranks in the top 37% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.
Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.
Zacks Premium also includes the Zacks Style Scores.
What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.
Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.
Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.
VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.
Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.
That's where the Style Scores come in.
To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.
As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.
A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Autodesk (ADSK - Free Report) San Francisco, CA-based Autodesk develops model-based design, engineering and documentation software. The company serves customers in architecture, engineering and construction; product design and manufacturing; and digital media and entertainment industries.
ADSK is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.
Additionally, the company could be a top pick for growth investors. ADSK has a Growth Style Score of A, forecasting year-over-year earnings growth of 20.6% for the current fiscal year.
For fiscal 2027, 10 analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.21 to $12.58 per share. ADSK boasts an average earnings surprise of +7.1%.
With a solid Zacks Rank and top-tier Growth and VGM Style Scores, ADSK should be on investors' short list.
Autodesk is making a $350 million investment in training and tools to help people learn how to use artificial intelligence, said Dara Treseder, the company's chief marketing officer, in an interview at the 2026 Cannes Lions Festival.
Treseder cited insights gleaned from the company's recent AI jobs report. "It showed that while 82% of people are very comfortable using LLMs in their daily lives, only a third of people are comfortable using AI in their job," she said. In the report, respondents said they fear AI might not work properly or will make humans irrelevant.
"That education is so key, not only to give people the skills and the talent," she said, "but to change the mindset."
Autodesk is making a $350 million investment in training and tools to help people learn how to use artificial intelligence, said Dara Treseder, the company's chief marketing officer, in an interview at the 2026 Cannes Lions Festival.
Treseder cited insights gleaned from the company's recent AI jobs report. "It showed that while 82% of people are very comfortable using LLMs in their daily lives, only a third of people are comfortable using AI in their job," she said. In the report, respondents said they fear AI might not work properly or will make humans irrelevant.
"That education is so key, not only to give people the skills and the talent," she said, "but to change the mindset."