What is DA Davidson's Estimate for Autodesk Q3 Earnings?

Key Points

• DA Davidson estimates that Autodesk will post Q3 earnings of $1.79 per share, maintaining a "Buy" rating and a price target of $375.00.
• Autodesk has a current consensus estimate for full-year earnings at $5.76 per share, with a "Moderate Buy" average rating from analysts.
• Insider activity included significant sales, with EVP Rebecca Pearce selling over 6,000 shares at approximately $323.06 each, reducing her ownership by 31.53%.

Autodesk, Inc. (NASDAQ:ADSK - Free Report) - DA Davidson issued their Q3 2026 EPS estimates for shares of Autodesk in a report released on Friday, August 29th. DA Davidson analyst C. Wright expects that the software company will post earnings of $1.79 per share for the quarter. 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.

ADSK has been the topic of several other research reports. Berenberg Bank set a $370.00 target price on shares of Autodesk in a research note on Monday. Royal Bank Of Canada raised their target price on shares of Autodesk from $345.00 to $380.00 and gave the company an "outperform" rating in a research note on Friday, August 29th. Oppenheimer boosted their price objective on Autodesk from $350.00 to $375.00 and gave the stock an "outperform" rating in a research note on Friday, August 29th. Barclays boosted their price objective on Autodesk from $355.00 to $385.00 and gave the stock an "overweight" rating in a research note on Friday, August 29th. Finally, Loop Capital assumed coverage on Autodesk in a research note on Monday, July 21st. They issued a "hold" rating and a $320.00 price objective on the stock. Seventeen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $356.83.

Autodesk Price Performance

Autodesk stock traded up $0.28 during trading hours on Monday, hitting $317.79. 496,583 shares of the company traded hands, compared to its average volume of 1,622,191. The firm has a market cap of $68.01 billion, a P/E ratio of 65.85, a P/E/G ratio of 3.03 and a beta of 1.49. The company has a quick ratio of 0.65, a current ratio of 0.76 and a debt-to-equity ratio of 0.91. The firm's 50-day simple moving average is $298.53 and its two-hundred day simple moving average is $285.13. Autodesk has a 1-year low of $232.67 and a 1-year high of $326.62.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in ADSK. Access Investment Management LLC acquired a new position in shares of Autodesk in the 2nd quarter valued at about $28,000. Cheviot Value Management LLC purchased a new stake in shares of Autodesk in the first quarter worth approximately $27,000. SouthState Corp lifted its position in shares of Autodesk by 500.0% in the first quarter. SouthState Corp now owns 96 shares of the software company's stock worth $25,000 after purchasing an additional 80 shares in the last quarter. Investment Management Corp VA ADV purchased a new stake in shares of Autodesk in the fourth quarter worth approximately $29,000. Finally, Livelsberger Financial Advisory purchased a new stake in shares of Autodesk in the second quarter worth approximately $31,000. 90.24% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Autodesk

In other Autodesk news, Director Ayanna Howard sold 3,159 shares of the firm's stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $325.00, for a total value of $1,026,675.00. Following the completion of the transaction, the director directly owned 4,393 shares in the company, valued at $1,427,725. This trade represents a 41.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Rebecca Pearce sold 6,129 shares of the firm's stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $323.06, for a total transaction of $1,980,034.74. Following the completion of the transaction, the executive vice president owned 13,311 shares of the company's stock, valued at approximately $4,300,251.66. The trade was a 31.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 18,679 shares of company stock valued at $5,916,595 over the last three months. 0.15% of the stock is owned by corporate insiders.

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.