Autodesk (NASDAQ:ADSK) Updates FY 2027 Earnings Guidance

Autodesk (NASDAQ:ADSK) updated its FY 2027 earnings guidance on Thursday. The company provided earnings per share guidance of 12.400-12.650 for the period, compared to the consensus earnings per share estimate of 11.810. The company issued revenue guidance of $8.2 billion-$8.2 billion, compared to the consensus revenue estimate of $8.2 billion. Autodesk also updated its Q2 2027 guidance to 3.100-3.140 EPS.

Autodesk Trading Up 1.7%

Shares of NASDAQ ADSK traded up $3.95 during mid-day trading on Thursday, reaching $240.95. The company had a trading volume of 4,051,694 shares, compared to its average volume of 2,128,167. The stock has a market cap of $50.88 billion, a price-to-earnings ratio of 45.98, a price-to-earnings-growth ratio of 1.54 and a beta of 1.32. Autodesk has a 52 week low of $214.10 and a 52 week high of $329.09. The business’s 50-day moving average is $239.10 and its 200-day moving average is $261.01. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.82.

Autodesk (NASDAQ:ADSK) last announced its quarterly earnings data on Thursday, February 26th. The software company reported $2.85 earnings per share for the quarter, beating analysts’ consensus estimates of $2.64 by $0.21. The company had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.91 billion. Autodesk had a net margin of 15.60% and a return on equity of 53.51%. The firm’s revenue for the quarter was up 19.4% on a year-over-year basis. During the same quarter last year, the business posted $2.29 EPS. Equities analysts expect that Autodesk will post 9.35 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on ADSK. Zacks Research lowered shares of Autodesk from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 14th. Stifel Nicolaus lowered their price target on Autodesk from $375.00 to $285.00 and set a “buy” rating for the company in a report on Monday, February 23rd. Wells Fargo & Company dropped their price objective on Autodesk from $365.00 to $350.00 and set an “overweight” rating on the stock in a research note on Friday, February 27th. Wolfe Research raised their price objective on Autodesk from $330.00 to $350.00 and gave the stock an “outperform” rating in a report on Friday, February 27th. Finally, Morgan Stanley decreased their target price on Autodesk from $350.00 to $315.00 and set an “overweight” rating for the company in a research report on Tuesday. Three analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $330.96.

Key Headlines Impacting Autodesk

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Autodesk posted stronger-than-expected Q1 results, with EPS and revenue both topping analyst estimates, suggesting solid demand and operating momentum. Autodesk, Inc. Announces Fiscal 2027 First Quarter Results
• Positive Sentiment: The company raised its outlook, with Q2 and FY2027 EPS guidance coming in above consensus, which investors typically view as a sign that management is confident in continued growth.
• Positive Sentiment: Autodesk also announced a definitive agreement to acquire MaintainX for about $3.6 billion, expanding its operations platform and strengthening its design-make-operate strategy. Autodesk to Acquire MaintainX, Advancing Unified Platform in Operations
• Neutral Sentiment: Some coverage highlighted that the stock moved lower immediately after earnings despite the beat, likely reflecting investor focus on margin expectations, the acquisition price tag, or near-term valuation concerns. Autodesk Stock Sinks Despite Q1 Earnings Beat
• Neutral Sentiment: Analyst sentiment has also been constructive, with recent upgrades and price-target increases supporting the longer-term outlook for ADSK.

Hedge Funds Weigh In On Autodesk

Institutional investors have recently bought and sold shares of the business. Measured Wealth Private Client Group LLC bought a new position in Autodesk in the third quarter worth approximately $25,000. Kemnay Advisory Services Inc. purchased a new stake in Autodesk during the fourth quarter worth $25,000. Prosperity Bancshares Inc bought a new stake in Autodesk during the 4th quarter valued at $27,000. Swiss RE Ltd. purchased a new position in shares of Autodesk in the 4th quarter valued at $32,000. Finally, iSAM Funds UK Ltd purchased a new position in shares of Autodesk in the 3rd quarter valued at $46,000. 90.24% of the stock is owned by hedge funds and other institutional investors.

Autodesk Company Profile

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.