NASDAQ:ADSK - Autodesk Stock Price, Forecast & News

Autodesk's stock was trading at $154.40 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ADSK stock has decreased by 8.3% and is now trading at $141.57. View which stocks have been mosted impacted by Coronavirus.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Autodesk in the last year. There are currently 2 sell ratings, 7 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Autodesk.

Autodesk is scheduled to release its next quarterly earnings announcement on Thursday, May 28th 2020. View our earnings forecast for Autodesk.

Autodesk, Inc. (NASDAQ:ADSK) announced its quarterly earnings results on Thursday, February, 27th. The software company reported $0.92 EPS for the quarter, beating analysts' consensus estimates of $0.89 by $0.03. The software company earned $899.30 million during the quarter, compared to the consensus estimate of $891.06 million. Autodesk had a negative return on equity of 165.74% and a net margin of 6.55%. The firm's quarterly revenue was up 22.0% on a year-over-year basis. During the same period last year, the firm posted $0.46 earnings per share. View Autodesk's earnings history.

Autodesk issued an update on its FY21 earnings guidance on Thursday, February, 27th. The company provided earnings per share guidance of $4.21-4.44 for the period, compared to the Thomson Reuters consensus estimate of $4.41. The company issued revenue guidance of $3.93-3.99 billion, compared to the consensus revenue estimate of $3.98 billion.

21 brokerages have issued 12 month price objectives for Autodesk's stock. Their forecasts range from $150.00 to $250.00. On average, they anticipate Autodesk's stock price to reach $205.48 in the next year. This suggests a possible upside of 45.1% from the stock's current price. View analysts' price targets for Autodesk.

News headlines about ADSK stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Autodesk earned a coverage optimism score of 1.2 on InfoTrie's scale. They also assigned news headlines about the software company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutAutodesk.

Autodesk saw a increase in short interest in March. As of March 13th, there was short interest totaling 5,159,800 shares, an increase of 30.0% from the February 27th total of 3,970,000 shares. Based on an average daily volume of 2,756,200 shares, the days-to-cover ratio is presently 1.9 days. Currently, 2.4% 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), ANSYS (ANSS), Synopsys (SNPS), Cadence Design Systems (CDNS), Citrix Systems (CTXS), Tyler Technologies (TYL), SS&C Technologies (SSNC), FactSet Research Systems (FDS), Fair Isaac (FICO), Guidewire Software (GWRE) and Aspen Technology (AZPN).

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

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

Autodesk's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Capital World Investors (6.25%), Capital Research Global Investors (5.22%), Loomis Sayles & Co. L P (5.01%), FMR LLC (4.49%), State Street Corp (3.99%) and Bank of America Corp DE (1.87%). 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 Capital World Investors, Findlay Park Partners LLP, Sustainable Growth Advisers LP, Parnassus Investments CA, FMR LLC, Soma Equity Partners LP, Standard Life Aberdeen plc, and Oakbrook Investments LLC. 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 activity for Autodesk.

ADSK stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Cantillon Capital Management LLC, Loomis Sayles & Co. L P, Capital Research Global Investors, Pictet Asset Management Ltd., Valiant Capital Management L.P., Echo Street Capital Management LLC, and DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main. View insider buying and selling activity 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 $141.57.

Autodesk has a market capitalization of $31.08 billion and generates $3.27 billion in revenue each year. The software company earns $214.50 million in net income (profit) each year or $1.50 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]