NASDAQ:ADSKAutodesk Stock Price, Forecast & News

Autodesk's stock was trading at $154.40 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ADSK stock has increased by 50.0% and is now trading at $231.57.
View which stocks have been most impacted by COVID-19.

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Autodesk in the last year. There are currently 3 sell ratings, 4 hold ratings and 17 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Autodesk.

Autodesk is scheduled to release its next quarterly earnings announcement on Tuesday, August 25th 2020.
View our earnings forecast for Autodesk.

Autodesk will be holding an earnings conference call on Tuesday, August 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Autodesk, Inc. (NASDAQ:ADSK) issued its earnings results on Wednesday, May, 27th. The software company reported $0.85 earnings per share for the quarter, beating analysts' consensus estimates of $0.80 by $0.05. The software company had revenue of $866 million for the quarter, compared to the consensus estimate of $867.96 million. Autodesk had a net margin of 8.91% and a negative return on equity of 230.16%. The business's revenue was up 17.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.45 earnings per share.
View Autodesk's earnings history.

Autodesk updated its FY21 earnings guidance on Wednesday, May, 27th. The company provided earnings per share guidance of $3.52-$3.90 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.96. The company issued revenue guidance of $3.675-$3.775 billion, compared to the consensus revenue estimate of $3.74 billion.

24 brokerages have issued 12 month target prices for Autodesk's stock. Their forecasts range from $143.00 to $300.00. On average, they anticipate Autodesk's stock price to reach $225.91 in the next year. This suggests that the stock has a possible downside of 2.4%.
View analysts' price targets for Autodesk.

News coverage about ADSK stock has been trending negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Autodesk earned a news impact score of -2.4 on InfoTrie's scale. They also assigned news articles about the software company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days.
View the latest news about Autodesk.

Autodesk saw a decrease in short interest in June. As of June 30th, there was short interest totaling 2,950,000 shares, a decrease of 20.5% from the June 15th total of 3,710,000 shares. Based on an average daily trading volume, of 1,700,000 shares, the short-interest ratio is presently 1.7 days. Currently, 1.4% of the shares of the stock are short sold.
View Autodesk's Short Interest.

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

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

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

Autodesk's stock is owned by a variety of institutional and retail investors. Top institutional investors include FMR LLC (3.26%), Principal Financial Group Inc. (1.73%), Bank of New York Mellon Corp (0.82%), Jackson Square Partners LLC (0.82%), Sumitomo Mitsui Trust Holdings Inc. (0.77%) and Cantillon Capital Management LLC (0.59%). 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, Richard Scott Herren, 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 FMR LLC, Jackson Square Partners LLC, Cibc World Markets Corp, Sumitomo Mitsui Trust Holdings Inc., Toronto Dominion Bank, Macquarie Group Ltd., Russell Investments Group Ltd., and First Trust Advisors LP. Company insiders that have sold Autodesk company stock in the last year include Andrew Anagnost, Carmel Galvin, Fronzo Pascal W Di, Richard Scott Herren, Stephen W Hope, and Steven M Blum.
View insider buying and selling activity for Autodesk.

ADSK stock was acquired by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Nordea Investment Management AB, Independent Franchise Partners LLP, Mn Services Vermogensbeheer B.V., Bank of New York Mellon Corp, MUFG Securities EMEA plc, AMF Pensionsforsakring AB, and Robeco Institutional Asset Management B.V..
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 $231.57.

Autodesk has a market capitalization of $50.76 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 10,100 workers across the globe.

The official website for Autodesk is 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]