Autodesk (NASDAQ:ADSK) Updates Q3 2027 Earnings Guidance

Autodesk (NASDAQ:ADSK) updated its third quarter 2027 earnings guidance on Thursday morning. The company provided earnings per share guidance of 3.040-3.090 for the period, compared to the consensus estimate of 2.990. The company issued revenue guidance of $2.1 billion-$2.1 billion, compared to the consensus revenue estimate of $2.1 billion. Autodesk also updated its FY 2027 guidance to 12.520-12.600 EPS.

Autodesk Trading Down 3.7%

Shares of ADSK opened at $260.66 on Friday. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.78. The firm’s 50-day moving average is $225.93 and its two-hundred day moving average is $232.29. Autodesk has a twelve month low of $185.50 and a twelve month high of $329.09. The firm has a market capitalization of $55.00 billion, a P/E ratio of 33.72, a PEG ratio of 1.66 and a beta of 1.29.

Autodesk (NASDAQ:ADSK) last issued its earnings results on Thursday, August 27th. The software company reported $3.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.12 by $0.18. Autodesk had a net margin of 21.08% and a return on equity of 60.27%. The company had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $2.01 billion. During the same period last year, the company posted $2.62 earnings per share. The firm’s quarterly revenue was up 16.1% compared to the same quarter last year. Autodesk has set its FY 2027 guidance at 12.520-12.600 EPS and its Q3 2027 guidance at 3.040-3.090 EPS. On average, research analysts predict that Autodesk will post 9.7 earnings per share for the current fiscal year.

Analyst Ratings Changes

ADSK has been the subject of several research reports. Wells Fargo & Company reduced their price objective on Autodesk from $350.00 to $330.00 and set an “overweight” rating for the company in a report on Friday, May 29th. BNP Paribas Exane upped their target price on Autodesk from $295.00 to $300.00 and gave the company an “outperform” rating in a report on Friday. Royal Bank Of Canada dropped their price target on Autodesk from $335.00 to $305.00 and set an “outperform” rating for the company in a research report on Friday, May 29th. UBS Group lifted their price target on Autodesk from $290.00 to $325.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Morgan Stanley lowered their price objective on shares of Autodesk from $350.00 to $315.00 and set an “overweight” rating on the stock in a research note on Tuesday, May 26th. Two analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $321.07.

Insider Buying and Selling

In related news, EVP Janesh Moorjani purchased 2,500 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was bought at an average cost of $197.67 per share, with a total value of $494,175.00. Following the completion of the acquisition, the executive vice president directly owned 50,993 shares in the company, valued at $10,079,786.31. The trade was a 5.16% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John T. Cahill acquired 2,000 shares of Autodesk stock in a transaction dated Tuesday, June 23rd. The stock was bought at an average price of $189.20 per share, for a total transaction of $378,400.00. Following the completion of the transaction, the director directly owned 4,000 shares of the company’s stock, valued at approximately $756,800. This represents a 100.00% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.14% of the stock is currently owned by corporate insiders.

Autodesk News Roundup

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Autodesk reported fiscal Q2 revenue of $2.05 billion, up 16% year over year, and adjusted EPS of $3.30, exceeding analyst expectations of $2.01 billion and $3.12, respectively. Growth was supported by strong renewals, cloud sales, construction activity and operating leverage. Autodesk fiscal 2027 second-quarter results
• Positive Sentiment: The company raised fiscal 2027 billings and revenue expectations, with full-year revenue guidance of approximately $8.6 billion to $8.7 billion. Management highlighted artificial intelligence, sales productivity and the MaintainX acquisition as longer-term growth drivers. Autodesk raises fiscal 2027 billings outlook
• Positive Sentiment: Several analysts remain constructive. BTIG reaffirmed a Buy rating with a $300 target, Bank of America maintained its Buy rating and $300 target, while BNP Paribas Exane raised its target to $300. Analysts cited subscription momentum and expectations that margins can improve despite MaintainX-related costs. Analyst rating coverage
• Neutral Sentiment: Autodesk is expanding its AI strategy and operations-management offerings through MaintainX. While these initiatives could broaden the company’s addressable market, investors are assessing execution risks and the timing of financial benefits.
• Negative Sentiment: Fiscal Q3 adjusted EPS guidance of $3.04 to $3.09 was below Wall Street expectations. The outlook for operating margins and costs was also viewed as cautious, raising concerns that acquisition expenses and AI investment could pressure near-term profitability. Autodesk quarterly profit forecast
• Negative Sentiment: The mixed outlook prompted profit-taking after the earnings beat. Although full-year revenue and EPS guidance exceeded some consensus measures, investors appeared more focused on the weaker quarterly profit outlook and margin trajectory.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Kemnay Advisory Services Inc. acquired a new stake in shares of Autodesk during the 4th quarter worth about $25,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Autodesk during the third quarter worth about $25,000. Prosperity Bancshares Inc acquired a new position in shares of Autodesk in the fourth quarter valued at approximately $27,000. Swiss RE Ltd. purchased a new position in shares of Autodesk during the fourth quarter valued at approximately $32,000. Finally, Miller Capital Partners Inc. purchased a new position in shares of Autodesk during the fourth quarter valued at approximately $46,000. 90.24% of the stock is currently 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.