NASDAQ:ADSK - Autodesk Stock Price, Forecast & News

Autodesk trades on the NASDAQ under the ticker symbol "ADSK."

Autodesk, Inc. (NASDAQ:ADSK) announced its quarterly earnings results on Tuesday, November, 26th. The software company reported $0.78 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.72 by $0.06. The software company had revenue of $842.70 million for the quarter, compared to analyst estimates of $823.95 million. Autodesk had a net margin of 4.74% and a negative return on equity of 113.06%. The business's revenue was up 27.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.29 earnings per share. View Autodesk's Earnings History.

Autodesk is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Autodesk.

Autodesk updated its fourth quarter earnings guidance on Tuesday, November, 26th. The company provided earnings per share guidance of $0.86-0.91 for the period, compared to the Thomson Reuters consensus estimate of $0.93. The company issued revenue guidance of $880-895 million, compared to the consensus revenue estimate of $897.51 million.

21 analysts have issued 12-month price targets for Autodesk's shares. Their forecasts range from $91.00 to $240.00. On average, they expect Autodesk's share price to reach $188.19 in the next twelve months. This suggests that the stock has a possible downside of 2.7%. View Analyst Price Targets for Autodesk.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Autodesk in the last year. There are currently 3 sell ratings, 7 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Autodesk.

Press coverage about ADSK stock has been trending somewhat positive this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Autodesk earned a news sentiment score of 2.0 on InfoTrie's scale. They also assigned media stories about the software company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Autodesk.

Autodesk saw a decline in short interest in the month of December. As of December 31st, there was short interest totalling 3,790,000 shares, a decline of 13.3% from the December 15th total of 4,370,000 shares. Based on an average daily trading volume, of 1,330,000 shares, the short-interest ratio is currently 2.8 days. Approximately 1.7% of the company's stock are short sold. View Autodesk's Current Options Chain.

Some companies that are related to Autodesk include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Workday (WDAY), Splunk (SPLK), Synopsys (SNPS), ANSYS (ANSS), Cadence Design Systems (CDNS), SS&C Technologies (SSNC), Citrix Systems (CTXS), Tyler Technologies (TYL), Fair Isaac (FICO), FactSet Research Systems (FDS), Aspen Technology (AZPN) and Guidewire Software (GWRE).

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

Autodesk's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.06%), Horan Capital Management (0.05%), Calamos Advisors LLC (0.02%), Artemis Investment Management LLP (0.02%), Nisa Investment Advisors LLC (0.02%) and Private Asset Management Inc. (0.02%). Company insiders that own Autodesk stock include Andrew Anagnost, Betsy Rafael, Carmel Galvin, Crawford W Beveridge, Fronzo Pascal W Di, Karen Blasing, Lorrie M Norrington, Paul D Underwood, Stephen W Hope and Steven M Blum. View Institutional Ownership Trends for Autodesk.

ADSK stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Artemis Investment Management LLP, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Sciencast Management LP, Gateway Investment Advisers LLC, First Hawaiian Bank, Private Asset Management Inc. and IFM Investors Pty Ltd. Company insiders that have sold Autodesk company stock in the last year include Andrew Anagnost, Betsy Rafael, Carmel Galvin, Crawford W Beveridge, Fronzo Pascal W Di, Karen Blasing, Stephen W Hope and Steven M Blum. View Insider Buying and Selling for Autodesk.

ADSK stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Horan Capital Management, Johanson Financial Advisors Inc., DNB Asset Management AS, Commerzbank Aktiengesellschaft FI, Cerebellum GP LLC, Diversified Trust Co and Cozad Asset Management Inc.. View Insider Buying and Selling for Autodesk.

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

One share of ADSK stock can currently be purchased for approximately $193.35.

Autodesk has a market capitalization of $42.54 billion and generates $2.57 billion in revenue each year. The software company earns $-80,800,000.00 in net income (profit) each year or $0.11 on an earnings per share basis. Autodesk employs 9,600 workers across the globe.View Additional Information About Autodesk.

The official website for Autodesk is http://www.autodesk.com/.

Autodesk's mailing address is 111 MCINNIS PKWY, SAN RAFAEL CA, 94903. The software company can be reached via phone at 415-507-5000 or via email at [email protected]