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 6.8% and is now trading at $164.92. View which stocks have been most 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 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.89 by $0.03. The software company had revenue of $899.30 million for the quarter, compared to analysts' expectations of $891.06 million. Autodesk had a net margin of 6.55% and a negative return on equity of 165.74%. The firm's revenue was up 22.0% on a year-over-year basis. During the same period last year, the firm posted $0.46 EPS. View Autodesk's earnings history.

Autodesk updated its FY21 earnings guidance on Thursday, February, 27th. The company provided earnings per share (EPS) 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 Wall Street analysts have issued 1-year price targets for Autodesk's shares. Their forecasts range from $150.00 to $250.00. On average, they expect Autodesk's share price to reach $202.24 in the next year. This suggests a possible upside of 22.6% from the stock's current price. View analysts' price targets for Autodesk.

News articles about ADSK stock have trended very negative this week, according to InfoTrie. The research firm rates the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Autodesk earned a coverage optimism score of -3.3 on InfoTrie's scale. They also gave press coverage about the software company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. 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 trading volume of 2,756,200 shares, the short-interest ratio is currently 1.9 days. Approximately 2.4% of the shares of the company are sold short. View Autodesk's Current Options Chain.

Some companies that are related to Autodesk include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Workday (WDAY), ANSYS (ANSS), Synopsys (SNPS), Cadence Design Systems (CDNS), Splunk (SPLK), 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 variety of retail and institutional investors. Top institutional shareholders include Horan Capital Management (0.05%), Investment House LLC (0.02%), State of Alaska Department of Revenue (0.02%), Private Asset Management Inc. (0.02%), Forte Capital LLC ADV (0.01%) and IFM Investors Pty Ltd (0.01%). 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, 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 Private Asset Management Inc., IFM Investors Pty Ltd, Forte Capital LLC ADV, and Investment House LLC. Company insiders that have sold Autodesk company stock in the last year include Andrew Anagnost, Betsy Rafael, Carmel Galvin, Crawford W Beveridge, 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 Polianta Ltd, IBM Retirement Fund, State of Alaska Department of Revenue, Horan Capital Management, and First PREMIER Bank. 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 $164.92.

Autodesk has a market capitalization of $36.20 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. 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]