Autodesk (NASDAQ:ADSK) Releases Earnings Results

Autodesk (NASDAQ:ADSK) posted its earnings results on Thursday. The software company reported $2.99 EPS for the quarter, topping analysts’ consensus estimates of $2.84 by $0.15, FiscalAI reports. The business had revenue of $1.93 billion during the quarter, compared to analyst estimates of $1.89 billion. Autodesk had a return on equity of 58.65% and a net margin of 19.49%.The company’s quarterly revenue was up 18.4% compared to the same quarter last year. During the same quarter last year, the company earned $2.29 EPS. Autodesk updated its FY 2027 guidance to 12.400-12.650 EPS and its Q2 2027 guidance to 3.100-3.140 EPS.

Here are the key takeaways from Autodesk’s conference call:

• Autodesk beat Q1 fiscal 2027 guidance, with revenue and EPS coming in above the high end of outlook. Management said the strong quarter flowed through to raised full-year guidance.
• The company announced a definitive agreement to acquire MaintainX, which Autodesk says will expand its move into operations and help connect design, make, and operate workflows. Management framed the deal as a major step toward more predictive, AI-driven digital twins and a larger addressable market.
• Q1 revenue rose 18% reported and billings increased 18% reported, while renewal rates remained strong. Management said the sales reorganization was proceeding as planned, with some expected disruption to new subscription growth but less impact on upfront revenue than anticipated.
• Margins and cash generation were solid, with non-GAAP operating margin at 39% and free cash flow of $876 million. Autodesk also repurchased about 1.9 million shares and reiterated a disciplined buyback framework.
• Management raised full-year guidance, including billings to $8.505 billion-$8.58 billion, revenue to $8.155 billion-$8.215 billion, and free cash flow to $2.725 billion-$2.8 billion. They said the outlook still assumes some near-term noise from the sales restructuring and ongoing transition in contract mix and pricing.

Autodesk Stock Performance

Shares of ADSK opened at $231.31 on Friday. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.85 and a quick ratio of 0.85. Autodesk has a one year low of $214.10 and a one year high of $329.09. The firm has a market capitalization of $48.84 billion, a P/E ratio of 33.72, a PEG ratio of 1.55 and a beta of 1.32. The business has a fifty day moving average of $238.52 and a 200 day moving average of $260.41.

Key Stories 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.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Arete Research reduced their target price on Autodesk from $460.00 to $456.00 and set a “buy” rating for the company in a report on Thursday, March 26th. Barclays cut their price objective on Autodesk from $315.00 to $300.00 and set an “overweight” rating for the company in a report on Wednesday, May 13th. Argus raised Autodesk to a “strong-buy” rating in a report on Friday, March 6th. Zacks Research lowered Autodesk from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 14th. Finally, Wells Fargo & Company cut their price objective on Autodesk from $350.00 to $330.00 and set an “overweight” rating for the company in a report on Friday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, Autodesk currently has a consensus rating of “Moderate Buy” and an average target price of $327.75.

Insider Activity at Autodesk

In related news, Director Stacy J. Smith purchased 3,435 shares of the business’s stock in a transaction on Friday, May 29th. The stock was acquired at an average price of $231.17 per share, with a total value of $794,068.95. Following the completion of the acquisition, the director owned 26,517 shares of the company’s stock, valued at approximately $6,129,934.89. This trade represents a 14.88% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.14% of the stock is owned by insiders.

Institutional Trading of Autodesk

Hedge funds have recently bought and sold shares of the stock. Calydon Capital lifted its stake in shares of Autodesk by 1.7% in the fourth quarter. Calydon Capital now owns 2,726 shares of the software company’s stock worth $807,000 after acquiring an additional 45 shares in the last quarter. Sunbelt Securities Inc. raised its stake in Autodesk by 5.3% during the third quarter. Sunbelt Securities Inc. now owns 1,029 shares of the software company’s stock valued at $327,000 after buying an additional 52 shares in the last quarter. L2 Asset Management LLC raised its stake in Autodesk by 6.2% during the fourth quarter. L2 Asset Management LLC now owns 1,108 shares of the software company’s stock valued at $328,000 after buying an additional 65 shares in the last quarter. EP Wealth Advisors LLC raised its stake in Autodesk by 2.3% during the second quarter. EP Wealth Advisors LLC now owns 2,974 shares of the software company’s stock valued at $921,000 after buying an additional 68 shares in the last quarter. Finally, Dorsey & Whitney Trust CO LLC raised its stake in Autodesk by 2.7% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 2,821 shares of the software company’s stock valued at $835,000 after buying an additional 74 shares in the last quarter. 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.