Autodesk (NASDAQ:ADSK – Get Free Report) 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 Price Performance
Shares of ADSK stock traded up $3.95 during mid-day trading on Thursday, reaching $240.95. The stock had a trading volume of 4,051,694 shares, compared to its average volume of 2,128,167. The company has a market cap of $50.88 billion, a P/E ratio of 45.98, a price-to-earnings-growth ratio of 1.54 and a beta of 1.32. The business has a 50-day simple moving average of $239.10 and a 200 day simple moving average of $261.01. Autodesk has a 12-month low of $214.10 and a 12-month high of $329.09. 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 – Get Free Report) last posted its quarterly earnings data on Thursday, February 26th. The software company reported $2.85 EPS for the quarter, topping analysts’ consensus estimates of $2.64 by $0.21. The firm had revenue of $1.96 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter last year, the business posted $2.29 EPS. On average, sell-side analysts anticipate that Autodesk will post 9.35 earnings per share for the current year.
Wall Street Analyst Weigh In
Get Our Latest Analysis on ADSK
Autodesk News Roundup
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 Inflows and Outflows
Large investors have recently made changes to their positions in the company. Measured Wealth Private Client Group LLC purchased a new position in shares of Autodesk in the 3rd quarter worth $25,000. Kemnay Advisory Services Inc. purchased a new position in shares of Autodesk in the 4th quarter worth $25,000. Prosperity Bancshares Inc purchased a new position in shares of Autodesk in the 4th quarter worth $27,000. Swiss RE Ltd. purchased a new position in shares of Autodesk in the 4th quarter worth $32,000. Finally, iSAM Funds UK Ltd purchased a new position in shares of Autodesk in the 3rd quarter worth $46,000. 90.24% of the stock is owned by hedge funds and other institutional investors.
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.
Recommended Stories
- Five stocks we like better than Autodesk
- 3 Stocks Rallying on Micron’s Price Boost: Substance or Hype?
- Snowflake and the Snowballing Impact of its AI Flywheel
- AI’s Biggest Bottleneck Could Make These 2 Stocks Soar
- These 3 Beaten-Down Stocks Just Saw $25 Million in Insider Buying
Receive News & Ratings for Autodesk Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Autodesk and related companies with MarketBeat.com's FREE daily email newsletter.
