Autodesk (NASDAQ:ADSK) Updates Q3 2027 Earnings Guidance

Autodesk (NASDAQ:ADSK) issued an update on its third quarter 2027 earnings guidance on Thursday morning. The company provided EPS guidance of 3.040-3.090 for the period, compared to the consensus EPS 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.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. New Street Research set a $277.00 price target on Autodesk in a research report on Thursday, August 20th. Loop Capital dropped their target price on shares of Autodesk from $250.00 to $235.00 and set a “hold” rating on the stock in a research report on Friday, May 29th. BNP Paribas Exane began coverage on shares of Autodesk in a report on Thursday, June 18th. They set an “outperform” rating and a $295.00 price objective for the company. KeyCorp reaffirmed an “overweight” rating on shares of Autodesk in a research note on Wednesday, August 19th. Finally, Citigroup increased their price objective on shares of Autodesk from $252.00 to $269.00 and gave the stock a “neutral” rating in a report on Thursday, August 20th. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Autodesk currently has a consensus rating of “Moderate Buy” and an average target price of $321.65.

Autodesk Stock Up 6.2%

Shares of NASDAQ:ADSK traded up $15.81 during trading on Thursday, hitting $270.58. 3,791,006 shares of the company were exchanged, compared to its average volume of 2,312,052. 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 has a fifty day moving average price of $223.06 and a two-hundred day moving average price of $231.87. Autodesk has a fifty-two week low of $185.50 and a fifty-two week high of $329.09. The stock has a market cap of $57.09 billion, a price-to-earnings ratio of 39.44, a P/E/G ratio of 1.54 and a beta of 1.29.

Autodesk (NASDAQ:ADSK) last announced its quarterly earnings results on Thursday, August 27th. The software company reported $3.30 EPS for the quarter, beating analysts’ consensus estimates of $3.12 by $0.18. Autodesk had a net margin of 19.49% and a return on equity of 57.14%. The firm had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $2.01 billion. Autodesk has set its FY 2027 guidance at 12.520-12.600 EPS and its Q3 2027 guidance at 3.040-3.090 EPS. As a group, research analysts anticipate that Autodesk will post 9.7 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director John T. Cahill acquired 2,000 shares of the stock in a transaction on Tuesday, June 23rd. The stock was acquired at an average cost 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 in the company, valued at approximately $756,800. This trade represents a 100.00% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Stacy J. Smith bought 3,435 shares of the company’s stock in a transaction dated Friday, May 29th. The stock was bought at an average cost of $231.17 per share, with a total value of $794,068.95. Following the acquisition, the director directly owned 26,517 shares of the company’s stock, valued at approximately $6,129,934.89. The trade was a 14.88% increase in their position. The SEC filing for this purchase provides additional information. Over the last three months, insiders have acquired 7,935 shares of company stock valued at $1,666,644. 0.14% of the stock is owned by company insiders.

Key Autodesk News

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Autodesk reported quarterly EPS of $3.30, exceeding the analyst consensus of $3.12, while revenue reached $2.05 billion versus expectations of $2.01 billion. Revenue grew 16% year over year, or 14% on a constant-currency basis. Autodesk fiscal 2027 second-quarter results
• Positive Sentiment: Management raised fiscal 2027 EPS guidance to $12.52-$12.60, well above the $12.02 consensus estimate, and forecast revenue of $8.6-$8.7 billion versus analysts’ $8.2 billion expectation. The guidance increase is a significant positive catalyst because it suggests stronger operating momentum than previously anticipated.
• Positive Sentiment: Third-quarter fiscal 2027 EPS guidance of $3.04-$3.09 also exceeded the $2.99 consensus forecast. Revenue guidance of approximately $2.1 billion was broadly in line with expectations, making the earnings outlook the primary upside factor.
• Neutral Sentiment: Autodesk reported a 57.14% return on equity and a 19.49% net margin, supporting the company’s profitability profile, although its valuation remains a consideration with the stock trading at a relatively high earnings multiple.
• Neutral Sentiment: Pre-earnings coverage focused on whether Autodesk could sustain its growth trajectory and whether the stock offered better value than DocuSign. Those concerns were partly addressed by the earnings beat and stronger guidance, but investors will continue watching growth and valuation. Autodesk growth story faces a fresh test

Institutional Trading of Autodesk

Institutional investors have recently bought and sold shares of the company. Measured Wealth Private Client Group LLC bought a new stake in shares of Autodesk in the 3rd quarter valued at $25,000. Kemnay Advisory Services Inc. acquired a new position in Autodesk during the 4th quarter valued at about $25,000. Prosperity Bancshares Inc bought a new stake in Autodesk during the fourth quarter worth $27,000. Swiss RE Ltd. bought a new position in shares of Autodesk during the fourth quarter valued at about $32,000. Finally, iSAM Funds UK Ltd bought a new position in shares of Autodesk during the 3rd quarter worth approximately $46,000. Institutional investors own 90.24% of the company’s stock.

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.