Research Analysts Issue Forecasts for Autodesk Q2 Earnings

Autodesk, Inc. (NASDAQ:ADSK) – Equities researchers at DA Davidson issued their Q2 2026 EPS estimates for Autodesk in a note issued to investors on Friday, May 23rd. DA Davidson analyst W. Jellison expects that the software company will post earnings per share of $1.67 for the quarter. DA Davidson has a “Neutral” rating and a $305.00 price objective on the stock. The consensus estimate for Autodesk’s current full-year earnings is $5.76 per share.

A number of other equities analysts have also recently commented on the company. Citigroup increased their target price on Autodesk from $374.00 to $376.00 and gave the company a “buy” rating in a report on Tuesday. Wells Fargo & Company reaffirmed an “overweight” rating and set a $360.00 target price (up previously from $345.00) on shares of Autodesk in a report on Friday, May 23rd. JPMorgan Chase & Co. decreased their price target on shares of Autodesk from $300.00 to $280.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 9th. Morgan Stanley reiterated an “overweight” rating and issued a $370.00 price objective (up previously from $330.00) on shares of Autodesk in a report on Friday, May 23rd. Finally, Barclays raised their target price on shares of Autodesk from $325.00 to $355.00 and gave the stock an “overweight” rating in a research note on Friday, May 23rd. Eight research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Autodesk currently has an average rating of “Moderate Buy” and a consensus price target of $337.45.

Autodesk Stock Up 1.7%

ADSK opened at $300.36 on Monday. The company has a market cap of $64.26 billion, a PE ratio of 59.60, a price-to-earnings-growth ratio of 2.94 and a beta of 1.47. Autodesk has a twelve month low of $195.32 and a twelve month high of $326.62. The company has a 50-day moving average price of $272.84 and a 200 day moving average price of $286.47. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.76.

Hedge Funds Weigh In On Autodesk

Several large investors have recently bought and sold shares of the business. Vanguard Group Inc. raised its position in shares of Autodesk by 1.9% during the 1st quarter. Vanguard Group Inc. now owns 20,782,919 shares of the software company’s stock worth $5,440,968,000 after acquiring an additional 397,458 shares in the last quarter. Ninety One UK Ltd increased its stake in Autodesk by 1.6% in the first quarter. Ninety One UK Ltd now owns 5,146,677 shares of the software company’s stock valued at $1,347,400,000 after purchasing an additional 79,900 shares during the last quarter. Geode Capital Management LLC raised its holdings in Autodesk by 1.0% during the fourth quarter. Geode Capital Management LLC now owns 4,715,702 shares of the software company’s stock worth $1,391,145,000 after purchasing an additional 45,623 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Autodesk by 13.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,454,264 shares of the software company’s stock worth $904,326,000 after buying an additional 400,514 shares during the last quarter. Finally, T. Rowe Price Investment Management Inc. boosted its holdings in shares of Autodesk by 44.1% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 3,318,319 shares of the software company’s stock valued at $868,736,000 after buying an additional 1,016,187 shares in the last quarter. Hedge funds and other institutional investors own 90.24% of the company’s stock.

Insider Buying and Selling

In other news, CAO Stephen W. Hope sold 2,452 shares of the business’s stock in a transaction dated Friday, March 28th. The stock was sold at an average price of $267.29, for a total transaction of $655,395.08. Following the completion of the transaction, the chief accounting officer now directly owns 3,003 shares of the company’s stock, valued at approximately $802,671.87. The trade was a 44.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director John T. Cahill bought 2,000 shares of Autodesk stock in a transaction that occurred on Friday, March 21st. The stock was purchased at an average cost of $267.10 per share, for a total transaction of $534,200.00. Following the acquisition, the director now owns 2,000 shares of the company’s stock, valued at $534,200. This represents a ? increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.15% of the stock is currently owned by insiders.

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.