Autodesk (NASDAQ:ADSK) Issues FY 2027 Earnings Guidance

Key Points

• Autodesk raised its FY 2027 outlook, guiding for EPS of 12.40 to 12.65 versus the 11.81 consensus estimate. It also kept revenue guidance at about $8.2 billion, in line with expectations, and lifted Q2 2027 EPS guidance to 3.10 to 3.14.
• The company’s recent results beat expectations, with Q1 EPS of $2.85 and revenue of $1.96 billion both topping analyst estimates. Revenue rose 19.4% from a year earlier, showing continued business momentum.
• Shares moved higher on the news, trading up about 1.7% to $240.95, while analysts remained generally constructive with a consensus “Moderate Buy” rating and an average price target near $330.96.

Autodesk (NASDAQ:ADSK - Get Free Report) issued an update on its FY 2027 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 12.400-12.650 for the period, compared to the consensus estimate of 11.810. The company issued revenue guidance of $8.2 billion-$8.2 billion, compared to the consensus revenue estimate of $8.2 billion. Autodesk also updated its Q2 2027 guidance to 3.100-3.140 EPS.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on ADSK. Barclays cut their target price on shares of Autodesk from $315.00 to $300.00 and set an "overweight" rating for the company in a research note on Wednesday, May 13th. Loop Capital dropped their price target on Autodesk from $320.00 to $250.00 and set a "hold" rating for the company in a research note on Thursday, February 19th. KeyCorp reduced their price objective on Autodesk from $365.00 to $341.00 and set an "overweight" rating on the stock in a research note on Thursday, May 21st. JPMorgan Chase & Co. lifted their price objective on Autodesk from $319.00 to $336.00 and gave the stock an "overweight" rating in a research note on Friday, February 27th. Finally, Oppenheimer reduced their price objective on Autodesk from $375.00 to $325.00 and set an "outperform" rating on the stock in a research note on Tuesday, February 24th. Three equities research 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's stock. According to MarketBeat.com, Autodesk currently has a consensus rating of "Moderate Buy" and an average target price of $330.96.

Autodesk Trading Up 1.7%

Shares of NASDAQ:ADSK traded up $3.95 during trading on Thursday, hitting $240.95. The company had a trading volume of 4,051,694 shares, compared to its average volume of 2,128,167. The stock has a market cap of $50.88 billion, a price-to-earnings ratio of 45.98, a price-to-earnings-growth ratio of 1.54 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 company has a fifty day simple moving average of $239.10 and a two-hundred day simple moving average of $261.01. Autodesk has a one year low of $214.10 and a one year high of $329.09.

Autodesk (NASDAQ:ADSK - Get Free Report) last released its quarterly earnings results on Thursday, February 26th. The software company reported $2.85 earnings per share for the quarter, beating the consensus estimate of $2.64 by $0.21. The company had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.91 billion. Autodesk had a return on equity of 53.51% and a net margin of 15.60%.Autodesk's quarterly revenue was up 19.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.29 EPS. As a group, equities analysts forecast that Autodesk will post 9.35 earnings per share for the current year.

Autodesk News Roundup

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Autodesk posted stronger-than-expected Q1 results, with EPS and revenue both topping analyst estimates, suggesting solid demand and operating momentum. Autodesk, Inc. Announces Fiscal 2027 First Quarter Results
• Positive Sentiment: The company raised its outlook, with Q2 and FY2027 EPS guidance coming in above consensus, which investors typically view as a sign that management is confident in continued growth.
• Positive Sentiment: Autodesk also announced a definitive agreement to acquire MaintainX for about $3.6 billion, expanding its operations platform and strengthening its design-make-operate strategy. Autodesk to Acquire MaintainX, Advancing Unified Platform in Operations
• Neutral Sentiment: Some coverage highlighted that the stock moved lower immediately after earnings despite the beat, likely reflecting investor focus on margin expectations, the acquisition price tag, or near-term valuation concerns. Autodesk Stock Sinks Despite Q1 Earnings Beat
• Neutral Sentiment: Analyst sentiment has also been constructive, with recent upgrades and price-target increases supporting the longer-term outlook for ADSK.

Institutional Investors Weigh In On Autodesk

Several institutional investors have recently made changes to their positions in ADSK. Calydon Capital grew its holdings in Autodesk by 1.7% during the 4th quarter. Calydon Capital now owns 2,726 shares of the software company's stock valued at $807,000 after purchasing an additional 45 shares during the last quarter. Sunbelt Securities Inc. lifted its stake in Autodesk by 5.3% in the third quarter. Sunbelt Securities Inc. now owns 1,029 shares of the software company's stock worth $327,000 after purchasing an additional 52 shares during the last quarter. L2 Asset Management LLC lifted its stake in Autodesk by 6.2% in the fourth quarter. L2 Asset Management LLC now owns 1,108 shares of the software company's stock worth $328,000 after purchasing an additional 65 shares during the last quarter. EP Wealth Advisors LLC boosted its position in shares of 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 during the period. Finally, Dorsey & Whitney Trust CO LLC grew its stake in shares of 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 during 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.

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