Autodesk (NASDAQ:ADSK) Updates FY 2025 Earnings Guidance

Autodesk (NASDAQ:ADSK) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 8.290-8.350 for the period, compared to the consensus estimate of 8.270. The company issued revenue guidance of $6.1 billion-$6.1 billion, compared to the consensus revenue estimate of $6.1 billion. Autodesk also updated its Q4 guidance to $2.10-2.16 EPS.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on ADSK. Barclays increased their target price on Autodesk from $310.00 to $355.00 and gave the company an “overweight” rating in a report on Friday, November 15th. Wells Fargo & Company increased their target price on Autodesk from $340.00 to $350.00 and gave the company an “overweight” rating in a report on Friday. Morgan Stanley increased their target price on Autodesk from $320.00 to $375.00 and gave the company an “overweight” rating in a report on Friday. Scotiabank started coverage on Autodesk in a report on Monday, November 18th. They issued a “sector outperform” rating and a $360.00 target price for the company. Finally, Royal Bank of Canada increased their price objective on Autodesk from $290.00 to $313.00 and gave the stock an “outperform” rating in a report on Friday, August 30th. Eight analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $309.43.

Autodesk Trading Down 0.4 %

ADSK traded down $1.43 during trading on Tuesday, reaching $317.96. 2,503,021 shares of the company’s stock were exchanged, compared to its average volume of 1,586,533. Autodesk has a fifty-two week low of $195.32 and a fifty-two week high of $326.62. The firm has a market capitalization of $68.36 billion, a PE ratio of 64.98, a P/E/G ratio of 4.10 and a beta of 1.47. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.64 and a current ratio of 0.64. The company’s fifty day moving average price is $287.47 and its 200-day moving average price is $255.89.

Autodesk (NASDAQ:ADSK) last announced its quarterly earnings results on Tuesday, November 26th. The software company reported $2.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.12 by $0.05. Autodesk had a net margin of 18.21% and a return on equity of 59.41%. The company had revenue of $1.57 billion during the quarter, compared to analyst estimates of $1.56 billion. During the same quarter in the previous year, the business earned $1.33 EPS. The firm’s revenue was up 11.0% on a year-over-year basis. As a group, equities analysts forecast that Autodesk will post 5.73 EPS for the current year.

Insider Activity

In related news, COO Steven M. Blum sold 17,344 shares of the business’s stock in a transaction on Friday, August 30th. The shares were sold at an average price of $270.00, for a total value of $4,682,880.00. Following the sale, the chief operating officer now directly owns 17,099 shares of the company’s stock, valued at approximately $4,616,730. The trade was a 50.36 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Mary T. Mcdowell sold 550 shares of the business’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $265.50, for a total transaction of $146,025.00. Following the sale, the director now directly owns 31,349 shares in the company, valued at $8,323,159.50. This trade represents a 1.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 19,280 shares of company stock valued at $5,232,213 in the last quarter. Company insiders own 0.14% of the company’s stock.

About Autodesk

Autodesk, Inc provides 3D design, engineering, and entertainment technology solutions worldwide. The company offers AutoCAD Civil 3D, a surveying, design, analysis, and documentation solution for civil engineering, including land development, transportation, and environmental projects; BuildingConnected, a SaaS preconstruction solution; AutoCAD, a software for professional design, drafting, detailing, and visualization; AutoCAD LT, a drafting and detailing software; computer-aided manufacturing (CAM) software for computer numeric control machining, inspection, and modelling for manufacturing; Fusion 360, a 3D CAD, CAM, and computer-aided engineering tool; and Industry Collections tools for professionals in architecture, engineering and construction, product design and manufacturing, and media and entertainment collection industries.