Autodesk, Inc. (NASDAQ:ADSK - Free Report) - Stock analysts at DA Davidson raised their Q2 2026 earnings per share estimates for Autodesk in a report issued on Tuesday, July 8th. DA Davidson analyst W. Jellison now expects that the software company will post earnings of $1.68 per share for the quarter, up from their prior estimate of $1.66. DA Davidson has a "Buy" rating and a $375.00 price objective 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.
Other analysts have also issued reports about the company. Barclays boosted their price target on Autodesk from $325.00 to $355.00 and gave the company an "overweight" rating in a report on Friday, May 23rd. Citigroup upped their target price on Autodesk from $374.00 to $376.00 and gave the stock a "buy" rating in a report on Tuesday, May 27th. Stifel Nicolaus upped their target price on Autodesk from $310.00 to $350.00 and gave the stock a "buy" rating in a report on Friday, May 23rd. Mizuho dropped their target price on Autodesk from $400.00 to $350.00 and set an "outperform" rating on the stock in a report on Tuesday, April 15th. Finally, Rosenblatt Securities reiterated a "buy" rating and set a $340.00 target price on shares of Autodesk in a report on Tuesday, May 20th. Six investment analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company's stock. According to MarketBeat.com, Autodesk currently has a consensus rating of "Moderate Buy" and a consensus price target of $343.64.
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Autodesk Stock Down 2.4%
Shares of Autodesk stock traded down $7.64 during trading on Wednesday, reaching $307.27. The stock had a trading volume of 2,559,839 shares, compared to its average volume of 1,488,286. The company has a market capitalization of $65.76 billion, a price-to-earnings ratio of 65.80, a P/E/G ratio of 3.04 and a beta of 1.44. The stock has a fifty day moving average price of $297.11 and a two-hundred day moving average price of $285.88. Autodesk has a 52 week low of $223.03 and a 52 week high of $326.62. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.76.
Institutional Trading of Autodesk
Institutional investors have recently bought and sold shares of the stock. Massachusetts Financial Services Co. MA increased its holdings in shares of Autodesk by 406.8% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 2,875,320 shares of the software company's stock valued at $849,858,000 after purchasing an additional 2,307,960 shares in the last quarter. Norges Bank purchased a new stake in shares of Autodesk during the fourth quarter worth $632,566,000. Farallon Capital Management LLC purchased a new stake in shares of Autodesk during the fourth quarter worth $544,381,000. GAMMA Investing LLC grew its holdings in shares of 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 buying an additional 1,465,204 shares in the last quarter. Finally, Nuveen LLC purchased a new stake in shares of Autodesk during the first quarter worth $278,383,000. 90.24% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling
In other news, EVP Rebecca Pearce sold 3,251 shares of the firm'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 sale, the executive vice president directly owned 19,440 shares in the company, valued at approximately $6,123,600. This trade represents a 14.33% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last quarter, insiders have sold 9,391 shares of company stock worth $2,909,885. Company insiders own 0.15% of the company's stock.
About Autodesk
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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.
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