Autodesk (NASDAQ:ADSK) Releases Q2 2027 Earnings Guidance

Autodesk (NASDAQ:ADSK) issued an update on its second quarter 2027 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 3.100-3.140 for the period, compared to the consensus estimate of 2.880. The company issued revenue guidance of $2.0 billion-$2.0 billion, compared to the consensus revenue estimate of $2.0 billion. Autodesk also updated its FY 2027 guidance to 12.400-12.650 EPS.

Autodesk Stock Performance

Shares of Autodesk stock traded up $3.95 during trading hours 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. Autodesk has a one year low of $214.10 and a one year high of $329.09. The business has a fifty day simple moving average of $239.10 and a 200 day simple moving average of $261.01. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.85 and a quick ratio of 0.85. The firm has a market cap of $50.88 billion, a PE ratio of 45.98, a price-to-earnings-growth ratio of 1.54 and a beta of 1.32.

Autodesk (NASDAQ:ADSK) last posted its quarterly earnings data on Thursday, February 26th. The software company reported $2.85 earnings per share (EPS) for the quarter, beating the consensus estimate 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 return on equity of 53.51% and a net margin of 15.60%.The firm’s quarterly revenue was up 19.4% on a year-over-year basis. During the same quarter last year, the company earned $2.29 earnings per share. On average, analysts anticipate that Autodesk will post 9.35 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on ADSK. JPMorgan Chase & Co. lifted their price objective on Autodesk from $319.00 to $336.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. DA Davidson lowered their price target on Autodesk from $375.00 to $325.00 and set a “buy” rating on the stock in a research report on Friday, February 27th. KeyCorp lowered their price target on Autodesk from $365.00 to $341.00 and set an “overweight” rating on the stock in a research report on Thursday, May 21st. Rosenblatt Securities lowered their price target on Autodesk from $375.00 to $330.00 and set a “buy” rating on the stock in a research report on Tuesday, February 24th. Finally, Oppenheimer lowered their price target on Autodesk from $375.00 to $325.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 24th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price 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.

Institutional Investors Weigh In On Autodesk

A number of hedge funds and other institutional investors have recently modified their holdings of ADSK. Kemnay Advisory Services Inc. purchased a new stake in Autodesk during the 4th quarter valued at about $25,000. Measured Wealth Private Client Group LLC purchased a new position in Autodesk in the 3rd quarter worth approximately $25,000. Prosperity Bancshares Inc purchased a new position in Autodesk in the 4th quarter worth approximately $27,000. Swiss RE Ltd. bought a new stake in Autodesk in the fourth quarter valued at approximately $32,000. Finally, Miller Capital Partners Inc. bought a new stake in Autodesk in the fourth quarter valued at approximately $46,000. Institutional investors own 90.24% of the company’s stock.

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.