William Blair Has Bearish Estimate for Autodesk Q3 Earnings

Autodesk, Inc. (NASDAQ:ADSK) – Analysts at William Blair dropped their Q3 2026 earnings per share (EPS) estimates for Autodesk in a research note issued to investors on Wednesday, November 27th. William Blair analyst D. Becker now forecasts that the software company will post earnings per share of $1.66 for the quarter, down from their prior estimate of $1.67. The consensus estimate for Autodesk’s current full-year earnings is $5.75 per share.

Autodesk (NASDAQ:ADSK) last announced its earnings results on Tuesday, November 26th. The software company reported $2.17 earnings per share for the quarter, beating analysts’ consensus estimates of $2.12 by $0.05. Autodesk had a return on equity of 53.87% and a net margin of 18.30%. The company had revenue of $1.57 billion during the quarter, compared to analyst estimates of $1.56 billion. During the same period last year, the company posted $1.33 earnings per share. The firm’s quarterly revenue was up 11.0% compared to the same quarter last year.

A number of other analysts have also commented on the company. Citigroup lifted their price objective on Autodesk from $358.00 to $361.00 and gave the stock a “buy” rating in a research report on Friday, November 29th. Stifel Nicolaus lifted their price objective on Autodesk from $320.00 to $340.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Mizuho lifted their price objective on Autodesk from $260.00 to $280.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 27th. Hsbc Global Res lowered Autodesk from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 29th. Finally, Piper Sandler boosted their target price on Autodesk from $257.00 to $311.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 27th. Ten research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $316.68.

Autodesk Price Performance

Shares of ADSK stock opened at $298.96 on Monday. The stock has a 50-day moving average price of $291.08 and a 200 day moving average price of $259.23. The company has a quick ratio of 0.64, a current ratio of 0.65 and a debt-to-equity ratio of 0.76. The firm has a market cap of $64.28 billion, a price-to-earnings ratio of 59.32, a PEG ratio of 3.50 and a beta of 1.43. Autodesk has a 12 month low of $195.32 and a 12 month high of $326.62.

Insider Buying and Selling at Autodesk

In other Autodesk news, Director Mary T. Mcdowell sold 550 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $305.06, for a total transaction of $167,783.00. Following the transaction, the director now owns 30,249 shares of the company’s stock, valued at $9,227,759.94. The trade was a 1.79 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Stephen W. Hope sold 286 shares of the business’s stock in a transaction that occurred on Monday, September 30th. The stock was sold at an average price of $274.84, for a total value of $78,604.24. Following the transaction, the chief accounting officer now directly owns 4,879 shares in the company, valued at $1,340,944.36. This trade represents a 5.54 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 1,936 shares of company stock worth $549,333. Corporate insiders own 0.14% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in ADSK. State Street Corp increased its holdings in shares of Autodesk by 3.0% during the 3rd quarter. State Street Corp now owns 9,808,476 shares of the software company’s stock worth $2,702,028,000 after acquiring an additional 288,931 shares during the last quarter. FMR LLC increased its holdings in shares of Autodesk by 0.8% during the 3rd quarter. FMR LLC now owns 5,653,602 shares of the software company’s stock worth $1,557,454,000 after acquiring an additional 46,069 shares during the last quarter. Ninety One UK Ltd grew its holdings in Autodesk by 28.0% in the 2nd quarter. Ninety One UK Ltd now owns 5,071,950 shares of the software company’s stock valued at $1,255,054,000 after buying an additional 1,108,973 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Autodesk by 2.7% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,385,987 shares of the software company’s stock valued at $657,292,000 after buying an additional 61,785 shares in the last quarter. Finally, Principal Financial Group Inc. grew its holdings in Autodesk by 12.6% in the 3rd quarter. Principal Financial Group Inc. now owns 2,192,345 shares of the software company’s stock valued at $603,947,000 after buying an additional 245,816 shares in the last quarter. Institutional investors and hedge funds own 90.24% of the company’s stock.

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.