NASDAQ:ADSK - Autodesk Stock Price, Forecast & News

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

Autodesk, Inc. (NASDAQ:ADSK) posted its quarterly earnings data on Tuesday, November, 26th. The software company reported $0.78 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.72 by $0.06. The software company earned $842.70 million during the quarter, compared to analysts' expectations of $823.95 million. Autodesk had a net margin of 4.74% and a negative return on equity of 113.06%. The firm's revenue for the quarter was up 27.5% on a year-over-year basis. During the same period in the prior year, the business 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 issued an update on 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 EPS estimate of $0.93. The company issued revenue guidance of $880-895 million, compared to the consensus revenue estimate of $897.51 million.

21 brokerages have issued 1-year target prices for Autodesk's stock. Their forecasts range from $91.00 to $240.00. On average, they anticipate Autodesk's stock price to reach $188.19 in the next twelve months. This suggests that the stock has a possible downside of 2.2%. 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 positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press 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 -5 to 5, with scores nearest to five being the most favorable. Autodesk earned a media sentiment score of 3.0 on InfoTrie's scale. They also assigned headlines about the software company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Autodesk.

Autodesk saw a decrease in short interest in December. As of December 31st, there was short interest totalling 3,790,000 shares, a decrease 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 days-to-cover ratio is presently 2.8 days. Currently, 1.7% of the company's shares 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 number of of institutional and retail investors. Top institutional investors include Horan Capital Management (0.05%), Calamos Advisors LLC (0.02%), Artemis Investment Management LLP (0.02%), Private Asset Management Inc. (0.02%), State of Alaska Department of Revenue (0.02%) and DNB Asset Management AS (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, Sciencast Management LP, Gateway Investment Advisers LLC, First Hawaiian Bank, Private Asset Management Inc., IFM Investors Pty Ltd and Raymond James Trust N.A.. 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 bought by a variety of institutional investors in the last quarter, including Horan Capital Management, Johanson Financial Advisors Inc., DNB Asset Management AS, Cerebellum GP LLC, Diversified Trust Co, Cozad Asset Management Inc., AE Wealth Management LLC and Douglass Winthrop Advisors LLC. 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 $192.50.

Autodesk has a market capitalization of $42.36 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]