What is DA Davidson's Forecast for Autodesk Q2 Earnings?

Autodesk, Inc. (NASDAQ:ADSK - Free Report) - Investment analysts at DA Davidson issued their Q2 2026 earnings estimates for shares of Autodesk in a report issued on Tuesday, July 22nd. DA Davidson analyst G. Luria forecasts that the software company will earn $1.68 per share for the quarter. DA Davidson has a "Strong-Buy" rating on the stock. The consensus estimate for Autodesk's current full-year earnings is $5.76 per share. DA Davidson also issued estimates for Autodesk's FY2026 earnings at $6.72 EPS and FY2027 earnings at $8.14 EPS.

Several other research firms have also weighed in on ADSK. Rosenblatt Securities reiterated a "buy" rating and set a $340.00 target price on shares of Autodesk in a report on Tuesday, May 20th. Stifel Nicolaus lifted their price objective on Autodesk from $310.00 to $350.00 and gave the company a "buy" rating in a report on Friday, May 23rd. Berenberg Bank upgraded Autodesk from a "hold" rating to a "buy" rating and lifted their price objective for the company from $325.00 to $365.00 in a report on Friday, June 27th. Oppenheimer restated an "outperform" rating and set a $350.00 target price (up from $300.00) on shares of Autodesk in a report on Friday, May 23rd. Finally, BMO Capital Markets raised their target price on shares of Autodesk from $324.00 to $333.00 and gave the stock a "market perform" rating in a report on Friday, May 23rd. Seven equities research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $342.61.

Autodesk Trading Up 0.7%

Autodesk stock traded up $2.18 during trading hours on Thursday, reaching $303.28. 943,975 shares of the company's stock traded hands, compared to its average volume of 1,828,510. The firm has a market capitalization of $64.90 billion, a price-to-earnings ratio of 64.94, a PEG ratio of 2.90 and a beta of 1.44. The firm's 50 day moving average is $299.29 and its 200-day moving average is $285.83. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.65 and a current ratio of 0.65. Autodesk has a fifty-two week low of $223.03 and a fifty-two week high of $326.62.

Institutional Investors Weigh In On Autodesk

Institutional investors have recently made changes to their positions in the stock. Massachusetts Financial Services Co. MA increased its position in shares of Autodesk by 406.8% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 2,875,320 shares of the software company's stock worth $849,858,000 after purchasing an additional 2,307,960 shares during the period. Norges Bank acquired a new position in Autodesk during the fourth quarter valued at approximately $632,566,000. Farallon Capital Management LLC bought a new stake in Autodesk during the fourth quarter worth $544,381,000. GAMMA Investing LLC lifted its stake in Autodesk by 27,505.2% during the first quarter. GAMMA Investing LLC now owns 1,470,531 shares of the software company's stock worth $384,985,000 after purchasing an additional 1,465,204 shares during the last quarter. Finally, Nuveen LLC bought a new stake in Autodesk during the first quarter worth $278,383,000. 90.24% of the stock is currently owned by institutional investors.

Insider Activity at Autodesk

In other news, EVP Rebecca Pearce sold 3,251 shares of the business's stock in a transaction dated Thursday, July 3rd. The shares were sold at an average price of $315.00, for a total value of $1,024,065.00. Following the completion of the sale, the executive vice president owned 19,440 shares of the company's stock, valued at approximately $6,123,600. The trade was a 14.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders have sold 9,391 shares of company stock valued at $2,909,885 in the last 90 days. 0.15% of the stock is owned by insiders.

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.