Autodesk (NASDAQ:ADSK) Releases FY 2027 Earnings Guidance

Autodesk (NASDAQ:ADSK) updated its FY 2027 earnings guidance on Thursday. The company provided earnings per share guidance of 12.520-12.600 for the period, compared to the consensus EPS estimate of 12.020. The company issued revenue guidance of $8.6 billion-$8.7 billion, compared to the consensus revenue estimate of $8.2 billion. Autodesk also updated its Q3 2027 guidance to 3.040-3.090 EPS.

Analysts Set New Price Targets

ADSK has been the subject of a number of recent research reports. Rothschild & Co Redburn decreased their price target on shares of Autodesk from $375.00 to $360.00 and set a “buy” rating for the company in a research note on Monday, June 1st. New Street Research set a $277.00 target price on shares of Autodesk in a research report on Thursday, August 20th. BMO Capital Markets dropped their price target on shares of Autodesk from $279.00 to $262.00 and set a “market perform” rating on the stock in a research report on Friday, May 29th. Robert W. Baird lifted their price target on Autodesk from $312.00 to $325.00 and gave the company an “outperform” rating in a research note on Friday, August 21st. Finally, BNP Paribas Exane started coverage on Autodesk in a research note on Thursday, June 18th. They issued an “outperform” rating and a $295.00 price objective for the company. Two analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $322.97.

Autodesk Trading Up 6.2%

Shares of ADSK stock opened at $270.58 on Friday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.83 and a current ratio of 0.83. The company has a market capitalization of $57.09 billion, a price-to-earnings ratio of 39.44, a PEG ratio of 1.56 and a beta of 1.29. Autodesk has a 52-week low of $185.50 and a 52-week high of $329.09. The company has a 50-day simple moving average of $224.60 and a two-hundred day simple moving average of $232.09.

Autodesk (NASDAQ:ADSK) last announced its earnings results on Thursday, August 27th. The software company reported $3.30 earnings per share for the quarter, topping analysts’ consensus estimates of $3.12 by $0.18. The firm had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $2.01 billion. Autodesk had a return on equity of 57.14% and a net margin of 19.49%.The company’s revenue was up 16.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.62 EPS. Autodesk has set its FY 2027 guidance at 12.520-12.600 EPS and its Q3 2027 guidance at 3.040-3.090 EPS. Research analysts anticipate that Autodesk will post 9.7 EPS for the current fiscal year.

Insiders Place Their Bets

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

Key Autodesk News

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, while adjusted EPS of $3.30 exceeded the $3.12 analyst consensus. The results also reflected continued subscription momentum, with management highlighting growth in connected data, project intelligence and AI-enabled tools. Autodesk fiscal 2027 second-quarter results
• Positive Sentiment: Management raised its fiscal 2027 outlook to adjusted EPS of $12.52-$12.60 and revenue of approximately $8.6-$8.7 billion, above consensus expectations cited in the reports. This suggests confidence in Autodesk’s recurring-revenue model and ongoing demand for its design and engineering software. Autodesk posts strong Q2 results and raises 2027 outlook
• Positive Sentiment: Bank of America reiterated a Buy rating and maintained a $300 price target, citing strong subscription momentum and the company’s growth prospects. Bank of America maintains Autodesk Buy rating
• Neutral Sentiment: Autodesk’s fiscal Q3 revenue forecast was broadly in line with expectations, while the full-year revenue outlook was stronger. However, the guidance profile was uneven, leaving investors focused on the timing of growth and earnings conversion. Why Autodesk stock is dropping after earnings beat
• Negative Sentiment: Fiscal Q3 adjusted EPS guidance of $3.04-$3.09 came in below some Wall Street expectations, prompting the initial selloff despite the quarterly beat. Investors also remain concerned that AI tools could disrupt Autodesk’s software market or increase competitive pressure. Autodesk forecasts quarterly profit below Wall Street estimates

Institutional Investors Weigh In On Autodesk

Large investors have recently modified their holdings of the stock. Kemnay Advisory Services Inc. purchased a new position in Autodesk in the fourth quarter valued at approximately $25,000. Measured Wealth Private Client Group LLC purchased a new stake in Autodesk in the third quarter worth $25,000. Prosperity Bancshares Inc purchased a new stake in Autodesk in the fourth quarter worth $27,000. Swiss RE Ltd. bought a new stake in shares of Autodesk in the fourth quarter valued at $32,000. Finally, Miller Capital Partners Inc. bought a new stake in shares of Autodesk in the fourth quarter valued at $46,000. Hedge funds and other institutional investors own 90.24% of the company’s stock.

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.