Research Analysts Issue Forecasts for Autodesk Q2 Earnings

Autodesk, Inc. (NASDAQ:ADSK - Free Report) - Equities research analysts at DA Davidson increased their Q2 2026 EPS estimates for shares of Autodesk in a report released on Tuesday, July 8th. DA Davidson analyst W. Jellison now forecasts that the software company will post earnings of $1.68 per share for the quarter, up from their previous estimate of $1.66. DA Davidson currently has a "Buy" rating and a $375.00 target price 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 FY2027 earnings at $8.14 EPS.

Several other equities analysts also recently commented on ADSK. KeyCorp restated an "overweight" rating and issued a $350.00 price target (up previously from $323.00) on shares of Autodesk in a research note on Friday, May 23rd. The Goldman Sachs Group boosted their price target on shares of Autodesk from $270.00 to $300.00 and gave the stock a "neutral" rating in a research note on Friday, May 23rd. Citigroup boosted their price target on shares of Autodesk from $374.00 to $376.00 and gave the stock a "buy" rating in a research note on Tuesday, May 27th. Piper Sandler boosted their price target on shares of Autodesk from $357.00 to $361.00 and gave the stock an "overweight" rating in a research note on Tuesday, May 27th. Finally, Morgan Stanley restated an "overweight" rating and issued a $370.00 price target (up previously from $330.00) on shares of Autodesk in a research note on Friday, May 23rd. Six investment analysts have rated the stock with a hold rating and seventeen have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $343.64.

Autodesk Trading Down 8.1%

NASDAQ ADSK traded down $24.88 on Wednesday, reaching $282.39. The stock had a trading volume of 2,767,554 shares, compared to its average volume of 1,493,373. The stock has a fifty day moving average price of $297.78 and a two-hundred day moving average price of $286.03. The firm has a market capitalization of $60.43 billion, a price-to-earnings ratio of 60.55, a P/E/G ratio of 3.03 and a beta of 1.44. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.76. Autodesk has a 12-month low of $223.03 and a 12-month high of $326.62.

Hedge Funds Weigh In On Autodesk

Large investors have recently bought and sold shares of the stock. SouthState Corp raised its holdings in shares of Autodesk by 500.0% in the first quarter. SouthState Corp now owns 96 shares of the software company's stock valued at $25,000 after buying an additional 80 shares during the last quarter. Costello Asset Management INC purchased a new stake in shares of Autodesk in the first quarter valued at about $26,000. Close Asset Management Ltd purchased a new stake in shares of Autodesk in the first quarter valued at about $27,000. Cheviot Value Management LLC purchased a new stake in shares of Autodesk in the first quarter valued at about $27,000. Finally, Flaharty Asset Management LLC purchased a new stake in shares of Autodesk in the first quarter valued at about $27,000. Institutional investors and hedge funds own 90.24% of the company's stock.

Insider Transactions at Autodesk

In other Autodesk news, EVP Rebecca Pearce sold 3,251 shares of the company's stock in a transaction on 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 transaction, the executive vice president owned 19,440 shares in the company, valued at $6,123,600. This represents a 14.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders have sold a total of 9,391 shares of company stock valued at $2,909,885 in the last three months. Corporate insiders own 0.15% of the company's stock.

Autodesk Company Profile

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.