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

Autodesk, Inc. (NASDAQ:ADSK - Free Report) - Investment analysts at DA Davidson lifted their Q2 2026 earnings estimates for shares of Autodesk in a note issued to investors on Tuesday, July 8th. DA Davidson analyst W. Jellison now forecasts that the software company will earn $1.68 per share for the quarter, up from their prior forecast of $1.66. DA Davidson currently has a "Buy" rating and a $375.00 price target 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.

A number of other research firms also recently weighed in on ADSK. BMO Capital Markets increased their target price on shares of Autodesk from $324.00 to $333.00 and gave the company a "market perform" rating in a research report on Friday, May 23rd. Morgan Stanley reissued an "overweight" rating and set a $370.00 target price (up from $330.00) on shares of Autodesk in a research report on Friday, May 23rd. JPMorgan Chase & Co. cut their price objective on shares of Autodesk from $300.00 to $280.00 and set a "neutral" rating for the company in a report on Wednesday, April 9th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $340.00 price objective on shares of Autodesk in a report on Tuesday, May 20th. Finally, Barclays raised their price objective on shares of Autodesk from $325.00 to $355.00 and gave the stock an "overweight" rating in a report on Friday, May 23rd. Six research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company's stock. According to data from MarketBeat, Autodesk currently has a consensus rating of "Moderate Buy" and a consensus price target of $343.64.

Autodesk Stock Down 0.1%

Autodesk stock opened at $314.91 on Wednesday. Autodesk has a twelve month low of $223.03 and a twelve month high of $326.62. The firm has a 50 day moving average price of $297.11 and a 200-day moving average price of $285.88. The company has a market capitalization of $67.39 billion, a P/E ratio of 67.43, a P/E/G ratio of 3.04 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.

Institutional Trading of Autodesk

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Massachusetts Financial Services Co. MA raised its position in Autodesk by 406.8% in the 4th 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 purchased a new position in Autodesk in the 4th quarter worth $632,566,000. Farallon Capital Management LLC purchased a new position in Autodesk in the 4th quarter worth $544,381,000. GAMMA Investing LLC raised its position in Autodesk by 27,505.2% in the 1st 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 period. Finally, Nuveen LLC purchased a new position in Autodesk in the 1st quarter worth $278,383,000. Hedge funds and other institutional investors own 90.24% of the company's stock.

Insider Buying and Selling at Autodesk

In other news, EVP Rebecca Pearce sold 3,251 shares of the firm's stock in a transaction on Thursday, July 3rd. The shares were sold at an average price of $315.00, for a total transaction of $1,024,065.00. Following the sale, the executive vice president 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 SEC, which can be accessed through this link. In the last 90 days, insiders have sold 9,391 shares of company stock worth $2,909,885. Company 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.

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