Autodesk (NASDAQ:ADSK) Issues Earnings Results

Autodesk (NASDAQ:ADSK) announced its quarterly earnings results on Thursday. The software company reported $3.30 earnings per share for the quarter, beating analysts’ consensus estimates of $3.12 by $0.18, FiscalAI reports. The firm had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $2.01 billion. Autodesk had a net margin of 19.49% and a return on equity of 57.14%. Autodesk updated its FY 2027 guidance to 12.520-12.600 EPS and its Q3 2027 guidance to 3.040-3.090 EPS.

Autodesk Price Performance

ADSK stock traded up $15.81 on Thursday, hitting $270.58. 3,743,079 shares of the company’s stock traded hands, compared to its average volume of 2,311,518. Autodesk has a 1-year low of $185.50 and a 1-year high of $329.09. The stock has a fifty day moving average of $223.06 and a 200-day moving average of $231.87. The stock has a market cap of $57.09 billion, a price-to-earnings ratio of 39.44, a P/E/G ratio of 1.54 and a beta of 1.29. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.78.

Key Headlines Impacting Autodesk

Here are the key news stories impacting Autodesk this week:

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

Analyst Upgrades and Downgrades

ADSK has been the subject of a number of recent research reports. DA Davidson reiterated a “buy” rating and set a $325.00 price target on shares of Autodesk in a research note on Friday, May 29th. Morgan Stanley dropped their price objective on Autodesk from $350.00 to $315.00 and set an “overweight” rating on the stock in a report on Tuesday, May 26th. The Goldman Sachs Group initiated coverage on shares of Autodesk in a report on Tuesday, August 11th. They issued a “neutral” rating and a $260.00 target price for the company. Guggenheim lifted their price target on Autodesk from $245.00 to $277.00 and gave the stock a “buy” rating in a research note on Thursday, August 20th. Finally, Barclays reaffirmed 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-four have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, Autodesk currently has a consensus rating of “Moderate Buy” and an average price target of $321.65.

Insider Activity

In other news, EVP Janesh Moorjani acquired 2,500 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The stock was 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 owned 50,993 shares of the company’s stock, valued at approximately $10,079,786.31. This trade represents a 5.16% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director John T. Cahill purchased 2,000 shares of the stock in a transaction dated Tuesday, June 23rd. The shares were acquired 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 $756,800. This represents a 100.00% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased a total of 7,935 shares of company stock valued at $1,666,644 over the last three months. Insiders own 0.14% of the company’s stock.

Hedge Funds Weigh In On Autodesk

A number of hedge funds have recently modified their holdings of ADSK. T. Rowe Price Investment Management Inc. increased its position in Autodesk by 120.2% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 68,626 shares of the software company’s stock worth $20,314,000 after purchasing an additional 37,461 shares during the last quarter. Invesco Ltd. lifted its position in Autodesk by 9.0% during the 4th quarter. Invesco Ltd. now owns 2,415,862 shares of the software company’s stock worth $715,119,000 after acquiring an additional 198,616 shares during the last quarter. Axxcess Wealth Management LLC lifted its position in shares of Autodesk by 680.4% during the 4th quarter. Axxcess Wealth Management LLC now owns 5,322 shares of the software company’s stock worth $1,575,000 after purchasing an additional 4,640 shares during the last quarter. Corient Private Wealth LLC lifted its holdings in shares of Autodesk by 381.4% during the fourth quarter. Corient Private Wealth LLC now owns 222,568 shares of the software company’s stock worth $65,882,000 after buying an additional 176,339 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its holdings in Autodesk by 12.2% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 30,218 shares of the software company’s stock valued at $8,945,000 after purchasing an additional 3,276 shares during the period. 90.24% of the stock is owned by institutional investors and hedge funds.

About Autodesk

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.