Autodesk (NASDAQ:ADSK) Releases Q2 2027 Earnings Guidance

Key Points

• Autodesk raised its Q2 2027 outlook, guiding for EPS of 3.10 to 3.14, above the consensus estimate of 2.88. Revenue guidance was set at about $2.0 billion, in line with expectations.
• The company also lifted its full-year FY 2027 EPS guidance to 12.40 to 12.65, signaling confidence in continued earnings growth.
• Autodesk’s latest guidance follows a strong prior quarter, when it beat analyst estimates on both EPS and revenue; meanwhile, analysts remain generally constructive with a consensus rating of Moderate Buy.

Autodesk (NASDAQ:ADSK - Get Free Report) updated its second quarter 2027 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 3.100-3.140 for the period, compared to the consensus 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.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on ADSK. Citigroup reaffirmed a "neutral" rating and set a $246.00 price target (down from $331.00) on shares of Autodesk in a report on Friday, April 10th. Wolfe Research raised their target price on Autodesk from $330.00 to $350.00 and gave the company an "outperform" rating in a report on Friday, February 27th. Deutsche Bank Aktiengesellschaft reduced their target price on Autodesk from $375.00 to $330.00 and set a "buy" rating for the company in a report on Monday, March 2nd. Rosenblatt Securities reduced their target price on Autodesk from $375.00 to $330.00 and set a "buy" rating for the company in a report on Tuesday, February 24th. Finally, Royal Bank Of Canada reduced their target price on Autodesk from $340.00 to $335.00 and set an "outperform" rating for the company in a report on Friday, February 27th. Three analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $330.96.

Autodesk Price Performance

Autodesk stock traded up $3.95 during midday trading on Thursday, reaching $240.95. The company's stock had a trading volume of 4,051,694 shares, compared to its average volume of 2,128,167. Autodesk has a fifty-two week low of $214.10 and a fifty-two week high of $329.09. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.85 and a current ratio of 0.85. The stock's 50 day simple moving average is $239.10 and its 200 day simple moving average is $261.01. The firm has a market capitalization of $50.88 billion, a PE ratio of 45.98, a P/E/G ratio of 1.54 and a beta of 1.32.

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

Trending Headlines about Autodesk

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 Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Schnieders Capital Management LLC. purchased a new position in shares of Autodesk in the second quarter valued at $466,000. Sivia Capital Partners LLC increased its position in shares of Autodesk by 98.1% in the second quarter. Sivia Capital Partners LLC now owns 2,472 shares of the software company's stock valued at $765,000 after buying an additional 1,224 shares in the last quarter. Brighton Jones LLC increased its position in shares of Autodesk by 14.5% in the fourth quarter. Brighton Jones LLC now owns 1,162 shares of the software company's stock valued at $343,000 after buying an additional 147 shares in the last quarter. DV Equities LLC purchased a new position in shares of Autodesk in the fourth quarter valued at $88,000. Finally, Transamerica Financial Advisors LLC increased its position in shares of Autodesk by 80.3% in the fourth quarter. Transamerica Financial Advisors LLC now owns 220 shares of the software company's stock valued at $65,000 after buying an additional 98 shares in the last quarter. 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.

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