FY2026 Earnings Estimate for Autodesk Issued By DA Davidson

Autodesk, Inc. (NASDAQ:ADSK - Free Report) - Equities research analysts at DA Davidson lowered their FY2026 EPS estimates for Autodesk in a report released on Tuesday, April 15th. DA Davidson analyst W. Jellison now expects that the software company will post earnings of $6.67 per share for the year, down from their prior forecast of $6.91. DA Davidson has a "Neutral" rating and a $265.00 price objective on the stock. The consensus estimate for Autodesk's current full-year earnings is $5.76 per share.

A number of other equities research analysts have also issued reports on ADSK. Citigroup decreased their price target on Autodesk from $361.00 to $339.00 and set a "buy" rating for the company in a research note on Thursday, February 27th. Piper Sandler raised shares of Autodesk from a "neutral" rating to an "overweight" rating and raised their price target for the stock from $311.00 to $357.00 in a research note on Wednesday, January 8th. Mizuho dropped their target price on shares of Autodesk from $400.00 to $350.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 15th. JPMorgan Chase & Co. lowered their price target on Autodesk from $300.00 to $280.00 and set a "neutral" rating for the company in a report on Wednesday, April 9th. Finally, Macquarie reaffirmed an "outperform" rating and set a $360.00 target price on shares of Autodesk in a research report on Friday, February 28th. Eight equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $321.36.

Autodesk Trading Up 2.2 %

Autodesk stock traded up $5.66 during midday trading on Thursday, reaching $259.93. The stock had a trading volume of 412,830 shares, compared to its average volume of 1,645,084. Autodesk has a 52-week low of $195.32 and a 52-week high of $326.62. The company has a fifty day moving average of $267.18 and a 200 day moving average of $286.92. The firm has a market cap of $55.36 billion, a price-to-earnings ratio of 51.78, a price-to-earnings-growth ratio of 2.94 and a beta of 1.49. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.76.

Insider Transactions at Autodesk

In other Autodesk news, Director John T. Cahill purchased 2,000 shares of the business's stock in a transaction that occurred on Friday, March 21st. The shares were bought at an average price of $267.10 per share, for a total transaction of $534,200.00. Following the acquisition, the director now owns 2,000 shares in the company, valued at $534,200. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Stephen W. Hope sold 2,452 shares of the company's stock in a transaction on Friday, March 28th. The shares were sold at an average price of $267.29, for a total transaction of $655,395.08. Following the completion of the sale, the chief accounting officer now directly owns 3,003 shares in the company, valued at $802,671.87. This trade represents a 44.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.14% of the company's stock.

Institutional Trading of Autodesk

Several hedge funds and other institutional investors have recently bought and sold shares of ADSK. China Universal Asset Management Co. Ltd. grew its position in Autodesk by 196.2% during the fourth quarter. China Universal Asset Management Co. Ltd. now owns 8,099 shares of the software company's stock valued at $2,394,000 after buying an additional 5,365 shares during the period. Brookstone Capital Management increased its stake in shares of Autodesk by 1,058.9% in the 4th quarter. Brookstone Capital Management now owns 29,296 shares of the software company's stock valued at $8,659,000 after purchasing an additional 26,768 shares in the last quarter. Union Bancaire Privee UBP SA acquired a new position in Autodesk in the 4th quarter worth about $13,906,000. Robeco Institutional Asset Management B.V. boosted its position in Autodesk by 25.5% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 300,135 shares of the software company's stock worth $88,711,000 after purchasing an additional 60,963 shares in the last quarter. Finally, GAM Holding AG purchased a new stake in shares of Autodesk in the fourth quarter valued at approximately $3,453,000. 90.24% of the stock is owned by institutional investors and hedge funds.

About Autodesk

Autodesk, Inc provides 3D design, engineering, and entertainment technology solutions worldwide. The company offers AutoCAD Civil 3D, a surveying, design, analysis, and documentation solution for civil engineering, including land development, transportation, and environmental projects; BuildingConnected, a SaaS preconstruction solution; AutoCAD, a software for professional design, drafting, detailing, and visualization; AutoCAD LT, a drafting and detailing software; computer-aided manufacturing (CAM) software for computer numeric control machining, inspection, and modelling for manufacturing; Fusion 360, a 3D CAD, CAM, and computer-aided engineering tool; and Industry Collections tools for professionals in architecture, engineering and construction, product design and manufacturing, and media and entertainment collection industries.