NASDAQ:ADSKAutodesk Stock Price, Forecast & News

Autodesk's stock was trading at $154.40 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ADSK shares have increased by 51.9% and is now trading at $234.60. View which stocks have been most impacted by Coronavirus.

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, Inc. (NASDAQ:ADSK) released its quarterly earnings results on Wednesday, May, 27th. The software company reported $0.85 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate 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% on a year-over-year basis. During the same period in the previous year, the company posted $0.45 earnings per share. View Autodesk's earnings history.

Autodesk issued an update on its FY21 earnings guidance on Wednesday, May, 27th. The company provided EPS guidance of $3.52-$3.90 for the period, compared to the Thomson Reuters consensus earnings per share 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 brokers have issued 12 month price objectives for Autodesk's shares. Their forecasts range from $143.00 to $300.00. On average, they expect Autodesk's share price to reach $223.35 in the next year. This suggests that the stock has a possible downside of 4.8%. View analysts' price targets for Autodesk.

Press coverage about ADSK stock has trended somewhat positive on Wednesday, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Autodesk earned a media sentiment score of 2.0 on InfoTrie's scale. They also assigned news stories about the software company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days. View the latest news about Autodesk.

Some companies that are related to Autodesk include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Workday (WDAY), Splunk (SPLK), Synopsys (SNPS), Cadence Design Systems (CDNS), ANSYS (ANSS), Citrix Systems (CTXS), Tyler Technologies (TYL), SS&C Technologies (SSNC), FactSet Research Systems (FDS), Fair Isaac (FICO), Guidewire Software (GWRE) and Pegasystems (PEGA). 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), Netflix (NFLX), salesforce.com (CRM), Advanced Micro Devices (AMD), Paypal (PYPL), Visa (V) and Intel (INTC).

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

Autodesk's stock is owned by many different institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.16%), MERIAN GLOBAL INVESTORS UK Ltd (0.12%), Horan Capital Management (0.05%), Investment House LLC (0.02%), State of Alaska Department of Revenue (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, 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 IFM Investors Pty Ltd, DNB Asset Management AS, Investment House LLC, NuWave Investment Management LLC, Private Asset Management Inc., Curbstone Financial Management Corp, Diversified Trust Co, and Horan Capital Management. 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 bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., MERIAN GLOBAL INVESTORS UK Ltd, Canandaigua National Corp, Orrstown Financial Services Inc., Arden Trust Co, Forte Capital LLC ADV, Fulton Bank N. A., and Toth Financial Advisory Corp. 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 $234.60.

Autodesk has a market capitalization of $51.42 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]