Autodesk (NASDAQ:ADSK) Updates FY 2026 Earnings Guidance

Autodesk (NASDAQ:ADSK) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 10.180-10.250 for the period, compared to the consensus estimate of 8.730. The company issued revenue guidance of -, compared to the consensus revenue estimate of $7.1 billion. Autodesk also updated its Q4 2026 guidance to 2.590-2.67 EPS.

Wall Street Analysts Forecast Growth

ADSK has been the topic of a number of recent analyst reports. Macquarie raised their target price on shares of Autodesk from $360.00 to $380.00 and gave the stock an “outperform” rating in a research note on Friday, August 29th. Morgan Stanley increased their price objective on shares of Autodesk from $370.00 to $385.00 and gave the stock an “overweight” rating in a research report on Sunday, August 31st. Oppenheimer raised their target price on shares of Autodesk from $350.00 to $375.00 and gave the company an “outperform” rating in a research report on Friday, August 29th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $355.00 price objective on shares of Autodesk in a research report on Monday. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Autodesk in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Autodesk has a consensus rating of “Moderate Buy” and an average target price of $358.30.

Autodesk Price Performance

Shares of ADSK traded up $4.58 on Tuesday, reaching $294.43. The stock had a trading volume of 2,206,366 shares, compared to its average volume of 1,556,188. The firm has a market capitalization of $62.71 billion, a PE ratio of 60.96, a PEG ratio of 2.63 and a beta of 1.51. The firm has a 50-day moving average of $307.86 and a 200 day moving average of $302.81. Autodesk has a twelve month low of $232.67 and a twelve month high of $329.09. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.91.

Autodesk (NASDAQ:ADSK) last released its earnings results on Tuesday, November 25th. The software company reported $2.67 EPS for the quarter, beating the consensus estimate of $2.49 by $0.18. The firm had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.81 billion. Autodesk had a return on equity of 51.23% and a net margin of 15.75%. Autodesk has set its FY 2026 guidance at 10.180-10.250 EPS. Q4 2026 guidance at 2.590-2.67 EPS. Sell-side analysts expect that Autodesk will post 5.76 EPS for the current year.

Insider Buying and Selling

In related news, Director Ayanna Howard sold 3,159 shares of Autodesk stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $325.00, for a total value of $1,026,675.00. Following the sale, the director directly owned 4,393 shares in the company, valued at $1,427,725. This trade represents a 41.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Rebecca Pearce sold 6,129 shares of the stock in a transaction on Friday, August 29th. The shares were sold at an average price of $323.06, for a total value of $1,980,034.74. Following the transaction, the executive vice president directly owned 13,311 shares of the company’s stock, valued at approximately $4,300,251.66. The trade was a 31.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 35,386 shares of company stock valued at $11,433,201 in the last 90 days. Corporate insiders own 0.15% of the company’s stock.

Institutional Investors Weigh In On Autodesk

Hedge funds have recently modified their holdings of the stock. Measured Wealth Private Client Group LLC acquired a new position in shares of Autodesk in the 3rd quarter valued at about $25,000. iSAM Funds UK Ltd acquired a new stake in shares of Autodesk during the 3rd quarter valued at about $46,000. MUFG Securities EMEA plc bought a new stake in shares of Autodesk in the 2nd quarter valued at approximately $196,000. Apexium Financial LP acquired a new position in Autodesk in the third quarter worth approximately $201,000. Finally, Camelot Portfolios LLC bought a new position in Autodesk during the third quarter valued at approximately $213,000. 90.24% of the stock is owned by hedge funds and other institutional investors.

About Autodesk

Autodesk, Inc provides 3D design, engineering, and entertainment technology solutions worldwide. The company offers AutoCAD Civil 3D, a surveying, design, analysis, and documentation solution for civil engineering, including land development, transportation, and environmental projects; BuildingConnected, a SaaS preconstruction solution; AutoCAD, a software for professional design, drafting, detailing, and visualization; AutoCAD LT, a drafting and detailing software; computer-aided manufacturing (CAM) software for computer numeric control machining, inspection, and modelling for manufacturing; Fusion 360, a 3D CAD, CAM, and computer-aided engineering tool; and Industry Collections tools for professionals in architecture, engineering and construction, product design and manufacturing, and media and entertainment collection industries.