Autodesk (NASDAQ:ADSK) Releases Q3 2027 Earnings Guidance

Key Points

• Autodesk raised or reaffirmed its Q3 FY2027 outlook, projecting EPS of $3.04–$3.09 versus the $2.99 consensus estimate, while revenue guidance remained around $2.1 billion. Full-year EPS guidance was set at $12.52–$12.60.
• The company’s latest quarterly results exceeded expectations, with EPS of $3.30 versus $3.12 expected and revenue of $2.05 billion compared with the $2.01 billion consensus.
• Wall Street maintains a “Moderate Buy” consensus on Autodesk, with an average price target of $321.65. Shares traded at $270.58, up $15.81, while insiders bought roughly $1.67 million of stock during the quarter.

Autodesk (NASDAQ:ADSK - Get Free Report) updated its third quarter 2027 earnings guidance on Thursday. The company provided EPS guidance of 3.040-3.090 for the period, compared to the consensus EPS estimate of 2.990. The company issued revenue guidance of $2.1 billion-$2.1 billion, compared to the consensus revenue estimate of $2.1 billion. Autodesk also updated its FY 2027 guidance to 12.520-12.600 EPS.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. BTIG Research reissued a "buy" rating and set a $300.00 price target on shares of Autodesk in a research report on Friday, May 29th. Robert W. Baird lifted their price objective on shares of Autodesk from $312.00 to $325.00 and gave the stock an "outperform" rating in a report on Friday, August 21st. New Street Research set a $277.00 target price on shares of Autodesk in a research note on Thursday, August 20th. BNP Paribas Exane began coverage on shares of Autodesk in a report on Thursday, June 18th. They set an "outperform" rating and a $295.00 target price on the stock. Finally, Rothschild & Co Redburn reduced their price target on shares of Autodesk from $375.00 to $360.00 and set a "buy" rating on the stock in a research report on Monday, June 1st. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, Autodesk presently has an average rating of "Moderate Buy" and an average target price of $321.65.

Autodesk Stock Performance

Shares of NASDAQ ADSK traded up $15.81 during mid-day trading on Thursday, hitting $270.58. The company had a trading volume of 3,686,968 shares, compared to its average volume of 2,303,928. Autodesk has a 12 month low of $185.50 and a 12 month high of $329.09. The stock has a market cap of $57.09 billion, a price-to-earnings ratio of 39.44, a PEG ratio of 1.54 and a beta of 1.29. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.83 and a quick ratio of 0.83. The firm's 50 day simple moving average is $223.06 and its two-hundred day simple moving average is $231.87.

Autodesk (NASDAQ:ADSK - Get Free Report) last issued its quarterly earnings data on Thursday, August 27th. The software company reported $3.30 EPS for the quarter, topping analysts' consensus estimates of $3.12 by $0.18. Autodesk had a return on equity of 57.14% and a net margin of 19.49%.The firm had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $2.01 billion. Autodesk has set its FY 2027 guidance at 12.520-12.600 EPS and its Q3 2027 guidance at 3.040-3.090 EPS. As a group, equities research analysts forecast that Autodesk will post 9.7 earnings per share for the current year.

Insider Transactions at Autodesk

In other news, EVP Janesh Moorjani bought 2,500 shares of Autodesk stock in a transaction on Monday, June 15th. The stock was purchased at an average cost of $197.67 per share, with a total value of $494,175.00. Following the purchase, the executive vice president directly owned 50,993 shares of the company's stock, valued at approximately $10,079,786.31. This trade represents a 5.16% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director John T. Cahill bought 2,000 shares of the firm's stock in a transaction on Tuesday, June 23rd. The stock was purchased at an average price of $189.20 per share, with a total value of $378,400.00. Following the transaction, the director owned 4,000 shares in the company, valued at $756,800. The trade was a 100.00% increase in their position. The SEC filing for this purchase provides additional information. Over the last quarter, insiders bought 7,935 shares of company stock worth $1,666,644. Insiders own 0.14% of the company's stock.

Institutional Trading of Autodesk

Several large investors have recently added to or reduced their stakes in the business. Measured Wealth Private Client Group LLC acquired a new position in Autodesk during the 3rd quarter worth $25,000. Kemnay Advisory Services Inc. acquired a new position in shares of Autodesk during the fourth quarter valued at $25,000. Prosperity Bancshares Inc acquired a new position in shares of Autodesk during the fourth quarter valued at $27,000. Swiss RE Ltd. bought a new stake in shares of Autodesk during the fourth quarter valued at about $32,000. Finally, iSAM Funds UK Ltd acquired a new stake in Autodesk in the third quarter worth about $46,000. 90.24% of the stock is currently owned by institutional investors and hedge funds.

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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