Autodesk (NASDAQ:ADSK) Releases Quarterly Earnings Results, Beats Expectations By $0.15 EPS

Autodesk (NASDAQ:ADSK) posted its quarterly earnings data on Thursday. The software company reported $2.99 EPS for the quarter, topping the consensus estimate of $2.84 by $0.15, FiscalAI reports. The firm had revenue of $1.93 billion during the quarter, compared to analyst estimates of $1.89 billion. Autodesk had a return on equity of 53.51% and a net margin of 15.60%.Autodesk’s revenue was up 18.4% on a year-over-year basis. During the same period in the prior year, the business posted $2.29 EPS. Autodesk updated its FY 2027 guidance to 12.400-12.650 EPS and its Q2 2027 guidance to 3.100-3.140 EPS.

Here are the key takeaways from Autodesk’s conference call:

• Autodesk beat Q1 fiscal 2027 guidance, with revenue and EPS coming in above the high end of outlook. Management said the strong quarter flowed through to raised full-year guidance.
• The company announced a definitive agreement to acquire MaintainX, which Autodesk says will expand its move into operations and help connect design, make, and operate workflows. Management framed the deal as a major step toward more predictive, AI-driven digital twins and a larger addressable market.
• Q1 revenue rose 18% reported and billings increased 18% reported, while renewal rates remained strong. Management said the sales reorganization was proceeding as planned, with some expected disruption to new subscription growth but less impact on upfront revenue than anticipated.
• Margins and cash generation were solid, with non-GAAP operating margin at 39% and free cash flow of $876 million. Autodesk also repurchased about 1.9 million shares and reiterated a disciplined buyback framework.
• Management raised full-year guidance, including billings to $8.505 billion-$8.58 billion, revenue to $8.155 billion-$8.215 billion, and free cash flow to $2.725 billion-$2.8 billion. They said the outlook still assumes some near-term noise from the sales restructuring and ongoing transition in contract mix and pricing.

Autodesk Trading Up 1.7%

Shares of NASDAQ:ADSK traded up $3.95 during trading on Thursday, reaching $240.95. 4,051,694 shares of the company were exchanged, compared to its average volume of 2,128,167. The firm has a market capitalization of $50.88 billion, a PE ratio of 45.98, a P/E/G ratio of 1.54 and a beta of 1.32. The business’s fifty day simple moving average is $239.10 and its 200-day simple moving average is $261.01. Autodesk has a 12-month low of $214.10 and a 12-month high of $329.09. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.85 and a quick ratio of 0.85.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on ADSK shares. Oppenheimer reduced their price objective on Autodesk from $375.00 to $325.00 and set an “outperform” rating for the company in a research note on Tuesday, February 24th. Zacks Research downgraded shares of Autodesk from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 14th. Jefferies Financial Group raised shares of Autodesk to a “strong-buy” rating in a report on Tuesday. BMO Capital Markets lowered their price target on shares of Autodesk from $343.00 to $279.00 and set a “market perform” rating for the company in a report on Monday, March 2nd. Finally, Wolfe Research increased their price target on shares of Autodesk from $330.00 to $350.00 and gave the company an “outperform” rating in a report on Friday, February 27th. Three investment 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. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $330.96.

Hedge Funds Weigh In On Autodesk

Several institutional investors have recently bought and sold shares of the business. T. Rowe Price Investment Management Inc. increased its holdings in Autodesk by 120.2% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 68,626 shares of the software company’s stock valued at $20,314,000 after buying an additional 37,461 shares during the period. Invesco Ltd. increased its holdings in Autodesk by 9.0% during the fourth quarter. Invesco Ltd. now owns 2,415,862 shares of the software company’s stock valued at $715,119,000 after buying an additional 198,616 shares during the period. Axxcess Wealth Management LLC increased its holdings in Autodesk by 680.4% during the fourth quarter. Axxcess Wealth Management LLC now owns 5,322 shares of the software company’s stock valued at $1,575,000 after buying an additional 4,640 shares during the period. Corient Private Wealth LLC increased its holdings in Autodesk by 381.4% during the fourth quarter. Corient Private Wealth LLC now owns 222,568 shares of the software company’s stock valued at $65,882,000 after buying an additional 176,339 shares during the period. Finally, Mercer Global Advisors Inc. ADV boosted its stake in Autodesk by 12.2% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 30,218 shares of the software company’s stock valued at $8,945,000 after acquiring an additional 3,276 shares in the last quarter. 90.24% of the stock is owned by hedge funds and other institutional investors.

More Autodesk News

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.

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.