Autodesk (NASDAQ:ADSK) Updates Q1 2027 Earnings Guidance

Autodesk (NASDAQ:ADSKGet Free Report) issued an update on its first quarter 2027 earnings guidance on Thursday morning. The company provided earnings per share guidance of 2.820-2.860 for the period, compared to the consensus earnings per share estimate of 2.290. The company issued revenue guidance of $1.9 billion-$1.9 billion, compared to the consensus revenue estimate of $1.8 billion. Autodesk also updated its FY 2027 guidance to 12.290-12.560 EPS.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on ADSK shares. Deutsche Bank Aktiengesellschaft raised Autodesk from a “hold” rating to a “buy” rating and increased their price target for the stock from $345.00 to $375.00 in a report on Wednesday, November 26th. Royal Bank Of Canada restated an “outperform” rating and issued a $340.00 target price on shares of Autodesk in a research note on Wednesday, February 11th. Wolfe Research lowered their target price on shares of Autodesk from $390.00 to $330.00 and set an “outperform” rating on the stock in a report on Monday, February 2nd. Rothschild & Co Redburn set a $375.00 price target on shares of Autodesk in a report on Friday, January 9th. Finally, The Goldman Sachs Group lifted their price objective on Autodesk from $320.00 to $330.00 and gave the company a “neutral” rating in a report on Wednesday, November 26th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Autodesk currently has a consensus rating of “Moderate Buy” and an average target price of $347.89.

Read Our Latest Research Report on ADSK

Autodesk Price Performance

Shares of NASDAQ ADSK traded up $8.64 during midday trading on Thursday, hitting $233.45. The company had a trading volume of 4,032,950 shares, compared to its average volume of 2,375,953. The firm has a market capitalization of $49.49 billion, a price-to-earnings ratio of 45.24, a price-to-earnings-growth ratio of 1.57 and a beta of 1.45. Autodesk has a twelve month low of $215.01 and a twelve month high of $329.09. The business has a 50-day simple moving average of $263.43 and a two-hundred day simple moving average of $290.54. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.86.

Autodesk (NASDAQ:ADSKGet Free Report) last issued its earnings results on Thursday, February 26th. The software company reported $2.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.63 by $0.22. Autodesk had a net margin of 16.09% and a return on equity of 52.06%. The company had revenue of $1.96 billion during the quarter, compared to analysts’ expectations of $1.91 billion. During the same period last year, the company posted $2.29 earnings per share. The firm’s quarterly revenue was up 19.4% compared to the same quarter last year. Autodesk has set its FY 2027 guidance at 12.290-12.560 EPS and its Q1 2027 guidance at 2.820-2.860 EPS. Equities research analysts anticipate that Autodesk will post 5.76 earnings per share for the current year.

Key Autodesk News

Here are the key news stories impacting Autodesk this week:

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Schnieders Capital Management LLC. acquired a new position in shares of Autodesk in the 2nd quarter valued at about $466,000. Sivia Capital Partners LLC raised its holdings in Autodesk by 98.1% in the second quarter. Sivia Capital Partners LLC now owns 2,472 shares of the software company’s stock valued at $765,000 after buying an additional 1,224 shares during the period. Brighton Jones LLC raised its holdings in Autodesk by 14.5% in the fourth quarter. Brighton Jones LLC now owns 1,162 shares of the software company’s stock valued at $343,000 after buying an additional 147 shares during the period. Apexium Financial LP acquired a new position in Autodesk during the third quarter valued at approximately $201,000. Finally, MUFG Securities EMEA plc purchased a new stake in Autodesk during the second quarter worth approximately $196,000. Hedge funds and other institutional investors own 90.24% of the company’s stock.

About Autodesk

(Get Free Report)

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.

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Earnings History and Estimates for Autodesk (NASDAQ:ADSK)

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