Autodesk (ADSK) Stock Price, News & Analysis

$215.00
-2.93 (-1.34%)
(As of 04/24/2024 ET)
Today's Range
$214.15
$218.62
50-Day Range
$210.63
$265.75
52-Week Range
$188.38
$279.53
Volume
2.63 million shs
Average Volume
1.46 million shs
Market Capitalization
$45.99 billion
P/E Ratio
51.07
Dividend Yield
N/A
Price Target
$272.44

Autodesk MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
26.7% Upside
$272.44 Price Target
Short Interest
Healthy
1.24% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.45
Upright™ Environmental Score
News Sentiment
0.47mentions of Autodesk in the last 14 days
Based on 18 Articles This Week
Insider Trading
Selling Shares
$9.47 M Sold Last Quarter
Proj. Earnings Growth
17.29%
From $5.38 to $6.31 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.86 out of 5 stars

Computer And Technology Sector

34th out of 585 stocks

Prepackaged Software Industry

9th out of 197 stocks

ADSK stock logo

About Autodesk Stock (NASDAQ:ADSK)

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. It also provides Inventor tools for 3D mechanical design, simulation, analysis, tooling, visualization, and documentation; Vault, a data management software to manage data in one central location, accelerate design processes, and streamline internal/external collaboration; Maya and 3ds Max software products that offer 3D modeling, animation, effects, rendering, and compositing solutions; and ShotGrid, a cloud-based software for review and production tracking in the media and entertainment industry. It sells its products and services to customers directly, as well as through a network of resellers and distributors. Autodesk, Inc. was incorporated in 1982 and is headquartered in San Francisco, California.

ADSK Stock Price History

ADSK Stock News Headlines

At first glance, this chart looks like nonsense…
We can isolate the most bullish dates to buy Netflix each and every year… That’s why one former hedge fund manager calls these dates… “Hotspot Dates”
Autodesk (NASDAQ:ADSK) Stock Rating Upgraded by StockNews.com
At first glance, this chart looks like nonsense…
We can isolate the most bullish dates to buy Netflix each and every year… That’s why one former hedge fund manager calls these dates… “Hotspot Dates”
Why Autodesk Stock Slipped This Week
Oversold Conditions For Autodesk
Why Autodesk Stock Is Sliding Today
Why Autodesk (ADSK) Stock Is Trading Lower Today
Autodesk provides update on delayed Form 10-K filing
See More Headlines
Receive ADSK Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Autodesk and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/29/2024
Today
4/24/2024
Next Earnings (Estimated)
5/23/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Application Software
Current Symbol
NASDAQ:ADSK
CUSIP
05276910
Employees
13,700
Year Founded
1982

Price Target and Rating

Average Stock Price Target
$272.44
High Stock Price Target
$320.00
Low Stock Price Target
$214.00
Potential Upside/Downside
+26.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
18 Analysts

Profitability

Net Income
$906 million
Pretax Margin
20.67%

Debt

Sales & Book Value

Annual Sales
$5.50 billion
Cash Flow
$4.99 per share
Book Value
$8.67 per share

Miscellaneous

Free Float
213,601,000
Market Cap
$45.99 billion
Optionable
Optionable
Beta
1.43

Social Links

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.

Get This Free Report

ADSK Stock Analysis - Frequently Asked Questions

Should I buy or sell Autodesk stock right now?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Autodesk in the last year. There are currently 1 sell rating, 7 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ADSK shares.
View ADSK analyst ratings
or view top-rated stocks.

What is Autodesk's stock price target for 2024?

18 brokers have issued 12 month price targets for Autodesk's stock. Their ADSK share price targets range from $214.00 to $320.00. On average, they anticipate the company's share price to reach $272.44 in the next year. This suggests a possible upside of 26.7% from the stock's current price.
View analysts price targets for ADSK
or view top-rated stocks among Wall Street analysts.

How have ADSK shares performed in 2024?

Autodesk's stock was trading at $243.48 at the beginning of 2024. Since then, ADSK shares have decreased by 11.7% and is now trading at $215.00.
View the best growth stocks for 2024 here
.

Are investors shorting Autodesk?

Autodesk saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 2,650,000 shares, an increase of 16.7% from the March 15th total of 2,270,000 shares. Based on an average daily trading volume, of 1,290,000 shares, the days-to-cover ratio is presently 2.1 days. Approximately 1.2% of the company's shares are sold short.
View Autodesk's Short Interest
.

When is Autodesk's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 23rd 2024.
View our ADSK earnings forecast
.

How were Autodesk's earnings last quarter?

Autodesk, Inc. (NASDAQ:ADSK) posted its quarterly earnings data on Thursday, February, 29th. The software company reported $2.09 earnings per share for the quarter, beating analysts' consensus estimates of $1.95 by $0.14. The software company had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.43 billion. Autodesk had a trailing twelve-month return on equity of 75.01% and a net margin of 16.48%. The business's revenue for the quarter was up 11.5% on a year-over-year basis. During the same period in the prior year, the company earned $1.26 EPS.
Read the conference call transcript
.

How will Autodesk's stock buyback program work?

Autodesk declared that its Board of Directors has authorized a share buyback program on Tuesday, November 22nd 2022, which allows the company to buyback $5,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 11.9% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its shares are undervalued.

What guidance has Autodesk issued on next quarter's earnings?

Autodesk issued an update on its FY 2025 earnings guidance on Thursday, February, 29th. The company provided earnings per share (EPS) guidance of 7.890-8.110 for the period, compared to the consensus estimate of 8.130. The company issued revenue guidance of $6.0 billion-$6.1 billion, compared to the consensus revenue estimate of $6.0 billion.

What is Andrew Anagnost's approval rating as Autodesk's CEO?

587 employees have rated Autodesk Chief Executive Officer Andrew Anagnost on Glassdoor.com. Andrew Anagnost has an approval rating of 95% among the company's employees. This puts Andrew Anagnost in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Autodesk own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Autodesk investors own include NVIDIA (NVDA), Adobe (ADBE), Alibaba Group (BABA), Advanced Micro Devices (AMD), Micron Technology (MU), Salesforce (CRM), Netflix (NFLX), QUALCOMM (QCOM), PayPal (PYPL) and Tesla (TSLA).

Who are Autodesk's major shareholders?

Autodesk's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.41%), Raymond James & Associates (0.19%), Norden Group LLC (0.09%), Los Angeles Capital Management LLC (0.08%), Allspring Global Investments Holdings LLC (0.06%) and Douglas Lane & Associates LLC (0.05%). Insiders that own company stock include Andrew Anagnost, Ayanna Howard, Betsy Rafael, Deborah Clifford, Lorrie M Norrington, Mary T Mcdowell, Rebecca Pearce, Stacy J Smith, Stephen W Hope and Stephen W Hope.
View institutional ownership trends
.

How do I buy shares of Autodesk?

Shares of ADSK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Autodesk have any subsidiaries?
The following companies are subsidiares of Autodesk: 3D Geo, ADSK Ireland Limited, ALGOR, AUTODESK d.o.o., Alias Systems, Allpoint Systems, Assemble Systems, Assemble Systems LLC, Autodesk (China) Software Research and Development Co. Ltd., Autodesk (EMEA) Sárl, Autodesk AB, Autodesk Americas LLC, Autodesk ApS, Autodesk Asia Pte. Ltd., Autodesk Australia Holding Pty. Ltd., Autodesk Australia Pty. Ltd., Autodesk B.V., Autodesk Canada Co., Autodesk Colombia S.A.S., Autodesk Development B.V., Autodesk Development S.á.r.l., Autodesk Direct Limited, Autodesk Far East Limited, Autodesk Finance Holdings Limited (Ireland), Autodesk France S.A.S., Autodesk Ges.mbH, Autodesk Global Inc., Autodesk GmbH, Autodesk Holdings LLP, Autodesk Hungary Kft., Autodesk Inc Jordan PSC, Autodesk India Private Limited, Autodesk International Holding Co., Autodesk Ireland Operations Unlimited Company, Autodesk Israel Ltd., Autodesk Korea Limited, Autodesk Limited, Autodesk Limited, Autodesk Ltd. Japan, Autodesk Netherlands Holdings B.V., Autodesk Norway AS, Autodesk S.A., Autodesk S.R.L., Autodesk S.r.l., Autodesk SA, Autodesk Software (China) Co. Ltd., Autodesk Sp. Z o.o., Autodesk Taiwan Limited, Autodesk UK Holdings Limited, Autodesk Yazilim Hizmetleri Ticaret Limited Sirketi (Autodesk Limited Sirketi), Autodesk de Argentina S.A., Autodesk de Costa Rica S.R.L., Autodesk de Mexico S.A. de C.V., Autodesk de Venezuela S.A., Autodesk do Brasil Ltda, Autodesk spol. s.r.o., BIMWorld Assets, Bitsquid AB, Blue Ridge Numerics, BuildingConnected, BuildingConnected Inc., Buzzsaw.com, COLOURlovers, CadSoft Computer GmbH, CadSoft Computer GmbH., Caice Software Corp, Carmel Software Corp., Compass Systems, Constructware, Creative Market, Crispin Systems Limited, Cumulate Labs, Delcam, Delcam Australia Pty Limited, Delcam Consulting and Technology Services Limited, Delcam Indonesia, Delcam Limited, Delcam Professional Services Limited, Delcam Software (India) Private Limited, Discreet Logic, Eagle Software, Ecotect, Elektro-CAE Software GmbH, Evolver, Firehole Composites, GRAITEC Group - Steel Products, GRIP Entertainment, Gentry Systems, Graitec GmbH, HSMWorks Technology, Hankook Delcam Limited, Horizontal Systems, Ilesfay Technology Group, Illuminate Labs, Inforbix, Innovyze, Innovyze LLC, Innovyze Ltd., Innovyze Pty. Ltd., Innovyze.AI Co., Instructables, Ithaca Software, Kynogon, Lagoa, Limited Liability Company Autodesk (CIS), Linius Technologies Ltd, MechSoft, Meshmixer, Micro Application Packages Ltd, Micro Engineering Solutions, Modio, Moldflow, Moxion, Moxion Inc., Moxion Limited, NavisWorks, Netfabb, Numenus, Pixlr, PlanGrid, PlanGrid Australia Pty Ltd., PlanGrid Canada ULC, PlanGrid Hong Kong Limited, PlanGrid Inc, PlanPlatform, PlassoTech, ProEst Estimating Software, ProEst Inc., Prodsmart, Pype, Pype LLC, Pype Technologies Private Limited, Qontext, Realviz SA, Revit Technology Corporation, Robobat, Robobat, Scaleform, SeeControl, Shotgun Software, Shotgun Software LLC, Sim Ops Studios, Skymatter, Socialcam, SoftImage, Softdesk, Solid Angle S. L., Solid Angle S.L.U., SpaceMaker, Spacemaker AEC Software Oy, Spacemaker AS Norway, Spacemaker France SAS, Spacemaker Sweden AB, Spacemaker US LLC, Storm Australia Holdco Pty. Ltd., Storm UK Holdco Ltd., Synthicity, Tinderbox Media Limited, Tinkercad, Topolabs, TradeTapp Inc., Upchain, Upchain USA LLC, Vela Systems, Wild Pockets, Within Technologies, Within Technologies Limited, XP Software Pty. Ltd., XP Solutions Software Limited, netfabb GmbH, and netfabb Inc..
Read More
This page (NASDAQ:ADSK) was last updated on 4/25/2024 by MarketBeat.com Staff

From Our Partners