Autodesk (NASDAQ:ADSK – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 9.500-9.730 for the period, compared to the consensus estimate of 10.910. The company issued revenue guidance of $6.9 billion-$7.0 billion, compared to the consensus revenue estimate of $7.7 billion. Autodesk also updated its Q2 2026 guidance to 2.440-2.480 EPS.
Autodesk Stock Performance
Shares of NASDAQ ADSK opened at $295.35 on Friday. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.76. The stock has a market capitalization of $63.19 billion, a price-to-earnings ratio of 58.60, a PEG ratio of 2.94 and a beta of 1.47. The stock’s fifty day simple moving average is $271.64 and its 200 day simple moving average is $286.69. Autodesk has a 52-week low of $195.32 and a 52-week high of $326.62.
Wall Street Analyst Weigh In
ADSK has been the subject of a number of research reports. Rosenblatt Securities reissued a “buy” rating and set a $340.00 price objective on shares of Autodesk in a research report on Tuesday. Oppenheimer reissued an “outperform” rating and set a $350.00 price objective (up previously from $300.00) on shares of Autodesk in a research report on Friday. Scotiabank reduced their price objective on Autodesk from $360.00 to $315.00 and set a “sector outperform” rating for the company in a research report on Monday, March 17th. The Goldman Sachs Group lifted their price objective on Autodesk from $270.00 to $300.00 and gave the company a “neutral” rating in a research report on Friday. Finally, Royal Bank of Canada restated an “outperform” rating and set a $345.00 target price (up from $313.03) on shares of Autodesk in a report on Friday. Eight equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $337.18.
Insiders Place Their Bets
In other news, CAO Stephen W. Hope sold 2,452 shares of the business’s stock in a transaction that occurred on Friday, March 28th. The stock was sold at an average price of $267.29, for a total transaction of $655,395.08. Following the sale, the chief accounting officer now directly owns 3,003 shares in the company, valued at approximately $802,671.87. The trade was a 44.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director John T. Cahill acquired 2,000 shares of the stock in a transaction dated Friday, March 21st. The shares were purchased at an average price of $267.10 per share, for a total transaction of $534,200.00. Following the completion of the transaction, the director now owns 2,000 shares of the company’s stock, valued at $534,200. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. Company insiders own 0.15% of the company’s stock.
Institutional Trading of Autodesk
A hedge fund recently raised its stake in Autodesk stock. Brighton Jones LLC grew its holdings in Autodesk, Inc. (NASDAQ:ADSK – Free Report) by 14.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,162 shares of the software company’s stock after purchasing an additional 147 shares during the quarter. Brighton Jones LLC’s holdings in Autodesk were worth $343,000 as of its most recent filing with the SEC. Institutional investors own 90.24% 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.
Read More
- Five stocks we like better than Autodesk
- How Can Investors Benefit From After-Hours Trading
- Booz Allen Hamilton Earnings: 3 Bullish Signals for BAH Stock
- Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?
- These ETFs Provide Easy Exposure to Growing International Markets
- What Are Dividend Champions? How to Invest in the Champions
- MarketBeat Week in Review – 05/19 – 05/23
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.