NASDAQ:ADSKAutodesk 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. Since then, ADSK shares have increased by 51.4% and is now trading at $233.71. View which stocks have been most impacted by Coronavirus.

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Autodesk in the last year. There are currently 3 sell ratings, 5 hold ratings and 15 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) announced its earnings results on Wednesday, May, 27th. The software company reported $0.85 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.80 by $0.05. The software company had revenue of $866 million for the quarter, compared to analyst estimates of $867.96 million. Autodesk had a negative return on equity of 230.16% and a net margin of 8.91%. The firm's revenue was up 17.7% on a year-over-year basis. During the same period last year, the company posted $0.45 EPS. 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 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.

23 brokers have issued twelve-month price targets for Autodesk's shares. Their forecasts range from $143.00 to $260.00. On average, they anticipate Autodesk's share price to reach $210.32 in the next year. This suggests that the stock has a possible downside of 10.0%. View analysts' price targets for Autodesk.

Media headlines about ADSK stock have trended somewhat negative recently, according to InfoTrie Sentiment. 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 -5 to 5, with scores nearest to five being the most favorable. Autodesk earned a news sentiment score of -1.1 on InfoTrie's scale. They also assigned news stories about the software company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutAutodesk.

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), SS&C Technologies (SSNC), Tyler Technologies (TYL), Fair Isaac (FICO), FactSet Research Systems (FDS), 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 a variety of retail and institutional investors. Top institutional investors include Capital Research Global Investors (6.76%), Loomis Sayles & Co. L P (4.81%), Capital World Investors (4.08%), State Street Corp (4.01%), Clearbridge Investments LLC (2.15%) and Lone Pine Capital LLC (1.84%). 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 Capital World Investors, Clearbridge Investments LLC, TPG Group Holdings SBS Advisors Inc., Darsana Capital Partners LP, Two Sigma Advisers LP, Loomis Sayles & Co. L P, Raymond James & Associates, and Fred Alger Management 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, Richard Scott Herren, and Stephen W Hope. View insider buying and selling activity for Autodesk.

ADSK stock was purchased by a variety of institutional investors in the last quarter, including Polen Capital Management LLC, Capital Research Global Investors, Sumitomo Mitsui Trust Holdings Inc., Lone Pine Capital LLC, Zurich Insurance Group Ltd FI, Nuveen Asset Management LLC, Parnassus Investments CA, and Fisher Asset Management LLC. 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 $233.71.

Autodesk has a market capitalization of $51.23 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]