Autodesk (NASDAQ:ADSK) Issues Q2 2027 Earnings Guidance

Autodesk (NASDAQ:ADSK) issued an update on its second quarter 2027 earnings guidance on Thursday morning. The company provided earnings per share guidance of 3.100-3.140 for the period, compared to the consensus earnings per share estimate of 2.880. The company issued revenue guidance of $2.0 billion-$2.0 billion, compared to the consensus revenue estimate of $2.0 billion. Autodesk also updated its FY 2027 guidance to 12.400-12.650 EPS.

Autodesk Stock Performance

Autodesk stock opened at $231.31 on Friday. Autodesk has a 12-month low of $214.10 and a 12-month high of $329.09. The company has a market capitalization of $48.84 billion, a price-to-earnings ratio of 33.72, a price-to-earnings-growth ratio of 1.55 and a beta of 1.32. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.85 and a quick ratio of 0.85. The firm’s fifty day moving average price is $238.52 and its 200 day moving average price is $260.41.

Autodesk (NASDAQ:ADSK) last released its quarterly earnings results on Thursday, May 28th. The software company reported $2.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.84 by $0.15. Autodesk had a net margin of 19.49% and a return on equity of 58.65%. The firm had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.89 billion. During the same quarter in the previous year, the firm posted $2.29 EPS. The firm’s quarterly revenue was up 18.4% on a year-over-year basis. Autodesk has set its FY 2027 guidance at 12.400-12.650 EPS and its Q2 2027 guidance at 3.100-3.140 EPS. On average, research analysts forecast that Autodesk will post 9.35 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on ADSK shares. Loop Capital decreased their price target on shares of Autodesk from $250.00 to $235.00 and set a “hold” rating for the company in a report on Friday. Robert W. Baird decreased their price target on shares of Autodesk from $355.00 to $312.00 and set an “outperform” rating for the company in a report on Friday, April 17th. Morgan Stanley decreased their price target on shares of Autodesk from $350.00 to $315.00 and set an “overweight” rating for the company in a report on Tuesday. Argus raised shares of Autodesk to a “strong-buy” rating in a research note on Friday, March 6th. Finally, Royal Bank Of Canada reduced their price target on shares of Autodesk from $335.00 to $305.00 and set an “outperform” rating for the company in a research note on Friday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $327.75.

Insider Activity

In other news, Director Stacy J. Smith acquired 3,435 shares of the firm’s stock in a transaction that occurred on Friday, May 29th. The stock was acquired at an average cost of $231.17 per share, with a total value of $794,068.95. Following the acquisition, the director owned 26,517 shares in the company, valued at approximately $6,129,934.89. This represents a 14.88% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.14% of the company’s stock.

Key Headlines Impacting Autodesk

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Autodesk beat first-quarter estimates, with revenue rising 18% year over year and EPS coming in above consensus, showing continued demand across construction, manufacturing, and AI-driven workflows.
• Positive Sentiment: The company raised fiscal 2027 guidance, which signals management confidence in continued growth and margin expansion.
• Positive Sentiment: DA Davidson reaffirmed its Buy rating and set a $325 price target, implying significant upside from current levels.
• Positive Sentiment: BTIG also reiterated a Buy rating, while Wells Fargo maintained an Overweight view and Piper Sandler kept an Overweight rating, suggesting Street confidence remains intact.
• Neutral Sentiment: Autodesk announced it will present at upcoming investor conferences, which may keep investor attention on the name but is not an immediate catalyst.
• Negative Sentiment: Shares are weaker because investors are worried the MaintainX acquisition could create execution risk, integration challenges, and pressure on margins and financing.
• Negative Sentiment: Some analysts trimmed price targets, including BMO Capital, Loop Capital, Wells Fargo, and Piper Sandler, reflecting a more cautious stance after the deal announcement.

Hedge Funds Weigh In On Autodesk

Large investors have recently bought and sold shares of the stock. Kemnay Advisory Services Inc. acquired a new position in Autodesk during the 4th quarter valued at $25,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Autodesk in the 3rd quarter valued at $25,000. Prosperity Bancshares Inc acquired a new position in shares of Autodesk in the 4th quarter valued at $27,000. Swiss RE Ltd. acquired a new position in shares of Autodesk in the 4th quarter valued at $32,000. Finally, Miller Capital Partners Inc. acquired a new position in shares of Autodesk in the 4th quarter valued at $46,000. 90.24% of the stock is currently owned by institutional investors and hedge funds.

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.