Autodesk (NASDAQ:ADSK) Stock Price Down 5.9% - Time to Sell?

Key Points

• Shares fell 5.9% to $276.38 on Thursday with ~526,923 shares traded (about 50% below average), leaving ADSK below its 50‑ and 200‑day moving averages (~$298 and $303).
• Analysts remain largely positive: the consensus is a "Moderate Buy" with an average price target of $369.59 and several firms recently raising targets (e.g., Barclays, Baird, Rosenblatt).
• Company fundamentals showed strength: Autodesk beat Q3 estimates (EPS $2.67 vs $2.50; revenue $1.85B vs $1.81B), reported 18% YoY revenue growth, and set FY2026 EPS guidance of $10.18–$10.25.

Shares of Autodesk, Inc. (NASDAQ:ADSK - Get Free Report) fell 5.9% during trading on Thursday . The company traded as low as $276.32 and last traded at $276.3840. 526,923 shares were traded during trading, a decline of 50% from the average session volume of 1,059,723 shares. The stock had previously closed at $293.79.

Analyst Ratings Changes

ADSK has been the topic of a number of recent analyst reports. KeyCorp restated an "overweight" rating on shares of Autodesk in a report on Tuesday, December 16th. Rosenblatt Securities reiterated a "buy" rating and set a $355.00 price objective on shares of Autodesk in a research report on Monday, November 24th. Robert W. Baird increased their target price on Autodesk from $367.00 to $377.00 and gave the company an "outperform" rating in a report on Wednesday, November 26th. Barclays raised their target price on Autodesk from $385.00 to $390.00 and gave the stock an "overweight" rating in a research report on Wednesday, November 26th. Finally, The Goldman Sachs Group lifted their price target on Autodesk from $320.00 to $330.00 and gave the company a "neutral" rating in a report on Wednesday, November 26th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $369.59.

Autodesk Stock Performance

The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.86. The stock has a market cap of $58.44 billion, a P/E ratio of 53.50, a price-to-earnings-growth ratio of 2.38 and a beta of 1.46. The firm's 50-day moving average is $298.16 and its two-hundred day moving average is $303.36.

Autodesk (NASDAQ:ADSK - Get Free Report) last released its quarterly earnings results on Tuesday, November 25th. The software company reported $2.67 earnings per share for the quarter, beating analysts' consensus estimates of $2.50 by $0.17. The business had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.81 billion. Autodesk had a net margin of 16.09% and a return on equity of 52.06%. Autodesk's revenue for the quarter was up 18.0% on a year-over-year basis. During the same quarter last year, the firm earned $2.17 EPS. Autodesk has set its FY 2026 guidance at 10.180-10.250 EPS and its Q4 2026 guidance at 2.590-2.67 EPS. As a group, research analysts expect that Autodesk, Inc. will post 5.76 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in ADSK. Vanguard Group Inc. grew its holdings in Autodesk by 2.2% during the third quarter. Vanguard Group Inc. now owns 21,414,239 shares of the software company's stock valued at $6,802,661,000 after purchasing an additional 450,724 shares during the last quarter. State Street Corp boosted its holdings in shares of Autodesk by 1.8% during the 2nd quarter. State Street Corp now owns 10,086,995 shares of the software company's stock worth $3,122,631,000 after buying an additional 174,247 shares during the period. Loomis Sayles & Co. L P boosted its holdings in shares of Autodesk by 1.5% during the 2nd quarter. Loomis Sayles & Co. L P now owns 5,831,447 shares of the software company's stock worth $1,805,241,000 after buying an additional 88,066 shares during the period. Geode Capital Management LLC grew its stake in Autodesk by 15.1% in the 2nd quarter. Geode Capital Management LLC now owns 5,606,264 shares of the software company's stock valued at $1,730,415,000 after buying an additional 734,449 shares during the last quarter. Finally, Ninety One UK Ltd raised its holdings in Autodesk by 3.7% in the 2nd quarter. Ninety One UK Ltd now owns 5,338,125 shares of the software company's stock worth $1,652,523,000 after acquiring an additional 191,448 shares during the period. 90.24% of the stock is owned by institutional investors.

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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