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S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Abbott Laboratories Outlook is Healthy: Buy the Dip
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Closing prices for crude oil, gold and other commodities
Predicting a Bear Market: 7 Signs and Why it's Tough to Do
United Airlines Soars on Earnings Beat
CSX profit drops 10% despite railroad delivering 3% more freight in first quarter
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Abbott Laboratories Outlook is Healthy: Buy the Dip
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Closing prices for crude oil, gold and other commodities
Predicting a Bear Market: 7 Signs and Why it's Tough to Do
United Airlines Soars on Earnings Beat
CSX profit drops 10% despite railroad delivering 3% more freight in first quarter
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Abbott Laboratories Outlook is Healthy: Buy the Dip
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Closing prices for crude oil, gold and other commodities
Predicting a Bear Market: 7 Signs and Why it's Tough to Do
United Airlines Soars on Earnings Beat
CSX profit drops 10% despite railroad delivering 3% more freight in first quarter

Autodesk (ADSK) Stock Price, News & Analysis

$214.92
-13.32 (-5.84%)
(As of 04/17/2024 ET)
Today's Range
$207.43
$219.50
50-Day Range
$214.92
$266.68
52-Week Range
$188.38
$279.53
Volume
6.36 million shs
Average Volume
1.38 million shs
Market Capitalization
$45.97 billion
P/E Ratio
51.05
Dividend Yield
N/A
Price Target
$272.44

Autodesk MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
26.8% Upside
$272.44 Price Target
Short Interest
Healthy
1.24% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.45
Upright™ Environmental Score
News Sentiment
0.55mentions of Autodesk in the last 14 days
Based on 28 Articles This Week
Insider Trading
Selling Shares
$11.93 M Sold Last Quarter
Proj. Earnings Growth
17.29%
From $5.38 to $6.31 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.87 out of 5 stars

Computer And Technology Sector

22nd out of 592 stocks

Prepackaged Software Industry

6th out of 187 stocks

ADSK stock logo

About Autodesk Stock (NASDAQ:ADSK)

Autodesk, Inc. provides 3D design, engineering, and entertainment technology solutions worldwide. The company offers AutoCAD Civil 3D, a surveying, design, analysis, and documentation solution for civil engineering, including land development, transportation, and environmental projects; BuildingConnected, a SaaS preconstruction solution; AutoCAD, a software for professional design, drafting, detailing, and visualization; AutoCAD LT, a drafting and detailing software; computer-aided manufacturing (CAM) software for computer numeric control machining, inspection, and modelling for manufacturing; Fusion 360, a 3D CAD, CAM, and computer-aided engineering tool; and Industry Collections tools for professionals in architecture, engineering and construction, product design and manufacturing, and media and entertainment collection industries. It also provides Inventor tools for 3D mechanical design, simulation, analysis, tooling, visualization, and documentation; Vault, a data management software to manage data in one central location, accelerate design processes, and streamline internal/external collaboration; Maya and 3ds Max software products that offer 3D modeling, animation, effects, rendering, and compositing solutions; and ShotGrid, a cloud-based software for review and production tracking in the media and entertainment industry. It sells its products and services to customers directly, as well as through a network of resellers and distributors. Autodesk, Inc. was incorporated in 1982 and is headquartered in San Francisco, California.

ADSK Stock Price History

ADSK Stock News Headlines

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Oversold Conditions For Autodesk
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See More Headlines
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Company Calendar

Last Earnings
2/29/2024
Today
4/18/2024
Next Earnings (Estimated)
5/23/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Application Software
Current Symbol
NASDAQ:ADSK
CUSIP
05276910
Employees
13,700
Year Founded
1982

Price Target and Rating

Average Stock Price Target
$272.44
High Stock Price Target
$320.00
Low Stock Price Target
$214.00
Potential Upside/Downside
+26.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
18 Analysts

Profitability

Net Income
$906 million
Pretax Margin
20.67%

Debt

Sales & Book Value

Annual Sales
$5.50 billion
Cash Flow
$4.71 per share
Book Value
$8.67 per share

Miscellaneous

Free Float
213,601,000
Market Cap
$45.97 billion
Optionable
Optionable
Beta
1.43

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Should I Buy Autodesk Stock? ADSK Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Autodesk, Inc.:

  • Autodesk has a diverse product portfolio catering to various industries such as architecture, engineering, construction, product design, manufacturing, and media & entertainment.
  • Recent analyst upgrades and target price increases indicate positive market sentiment towards Autodesk, potentially leading to stock price appreciation.
  • Autodesk's focus on 3D design, engineering, and entertainment technology solutions positions it well in the rapidly evolving digital landscape.
  • The company's strong presence in the software industry, particularly with products like AutoCAD and Fusion 360, provides a competitive edge and revenue stability.
  • Institutional investors holding a significant portion of Autodesk's stock can signal confidence in the company's long-term growth prospects.

Cons

Investors should be bearish about investing in Autodesk, Inc. for these reasons:

  • Autodesk's stock price may be subject to volatility due to market conditions and competition in the software industry.
  • While the company has a strong product portfolio, any slowdown in key sectors like construction or manufacturing could impact Autodesk's revenue streams.
  • Fluctuations in technology trends and advancements could pose challenges for Autodesk to stay ahead of the curve and maintain market relevance.
  • Increased competition from other software providers offering similar solutions may pressure Autodesk's market share and pricing power.
  • Investors should carefully monitor any changes in the company's financial performance and market dynamics to make informed investment decisions.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these Autodesk pros and cons to contact@marketbeat.com.

ADSK Stock Analysis - Frequently Asked Questions

Should I buy or sell Autodesk stock right now?

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Autodesk in the last year. There are currently 1 sell rating, 7 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ADSK shares.
View ADSK analyst ratings
or view top-rated stocks.

What is Autodesk's stock price target for 2024?

18 brokers have issued twelve-month price objectives for Autodesk's stock. Their ADSK share price targets range from $214.00 to $320.00. On average, they anticipate the company's share price to reach $272.44 in the next twelve months. This suggests a possible upside of 26.8% from the stock's current price.
View analysts price targets for ADSK
or view top-rated stocks among Wall Street analysts.

How have ADSK shares performed in 2024?

Autodesk's stock was trading at $243.48 at the beginning of 2024. Since then, ADSK shares have decreased by 11.7% and is now trading at $214.92.
View the best growth stocks for 2024 here
.

Are investors shorting Autodesk?

Autodesk saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 2,650,000 shares, an increase of 16.7% from the March 15th total of 2,270,000 shares. Based on an average daily trading volume, of 1,290,000 shares, the days-to-cover ratio is presently 2.1 days. Approximately 1.2% of the shares of the company are short sold.
View Autodesk's Short Interest
.

When is Autodesk's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 23rd 2024.
View our ADSK earnings forecast
.

How were Autodesk's earnings last quarter?

Autodesk, Inc. (NASDAQ:ADSK) released its quarterly earnings data on Thursday, February, 29th. The software company reported $2.09 earnings per share for the quarter, beating analysts' consensus estimates of $1.95 by $0.14. The software company had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.43 billion. Autodesk had a net margin of 16.48% and a trailing twelve-month return on equity of 75.01%. Autodesk's quarterly revenue was up 11.5% on a year-over-year basis. During the same period in the prior year, the company earned $1.26 earnings per share.
Read the conference call transcript
.

How will Autodesk's stock buyback program work?

Autodesk announced that its Board of Directors has authorized a stock repurchase plan on Tuesday, November 22nd 2022, which authorizes the company to buyback $5,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 11.9% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's board of directors believes its shares are undervalued.

What guidance has Autodesk issued on next quarter's earnings?

Autodesk updated its FY 2025 earnings guidance on Thursday, February, 29th. The company provided earnings per share guidance of 7.890-8.110 for the period, compared to the consensus estimate of 8.130. The company issued revenue guidance of $6.0 billion-$6.1 billion, compared to the consensus revenue estimate of $6.0 billion.

What is Andrew Anagnost's approval rating as Autodesk's CEO?

587 employees have rated Autodesk Chief Executive Officer Andrew Anagnost on Glassdoor.com. Andrew Anagnost has an approval rating of 95% among the company's employees. This puts Andrew Anagnost in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Autodesk own?

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

Who are Autodesk's major shareholders?

Autodesk's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.08%), Douglas Lane & Associates LLC (0.05%), Portman Square Capital LLP (0.00%), CWM LLC (0.03%), Thomasville National Bank (0.03%) and Congress Asset Management Co. MA (0.02%). Insiders that own company stock include Andrew Anagnost, Ayanna Howard, Betsy Rafael, Deborah Clifford, Lorrie M Norrington, Mary T Mcdowell, Rebecca Pearce, Stacy J Smith, Stephen W Hope and Stephen W Hope.
View institutional ownership trends
.

How do I buy shares of Autodesk?

Shares of ADSK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Autodesk have any subsidiaries?
The following companies are subsidiares of Autodesk: 3D Geo, ADSK Ireland Limited, ALGOR, AUTODESK d.o.o., Alias Systems, Allpoint Systems, Assemble Systems, Assemble Systems LLC, Autodesk (China) Software Research and Development Co. Ltd., Autodesk (EMEA) Sárl, Autodesk AB, Autodesk Americas LLC, Autodesk ApS, Autodesk Asia Pte. Ltd., Autodesk Australia Holding Pty. Ltd., Autodesk Australia Pty. Ltd., Autodesk B.V., Autodesk Canada Co., Autodesk Colombia S.A.S., Autodesk Development B.V., Autodesk Development S.á.r.l., Autodesk Direct Limited, Autodesk Far East Limited, Autodesk Finance Holdings Limited (Ireland), Autodesk France S.A.S., Autodesk Ges.mbH, Autodesk Global Inc., Autodesk GmbH, Autodesk Holdings LLP, Autodesk Hungary Kft., Autodesk Inc Jordan PSC, Autodesk India Private Limited, Autodesk International Holding Co., Autodesk Ireland Operations Unlimited Company, Autodesk Israel Ltd., Autodesk Korea Limited, Autodesk Limited, Autodesk Limited, Autodesk Ltd. Japan, Autodesk Netherlands Holdings B.V., Autodesk Norway AS, Autodesk S.A., Autodesk S.R.L., Autodesk S.r.l., Autodesk SA, Autodesk Software (China) Co. Ltd., Autodesk Sp. Z o.o., Autodesk Taiwan Limited, Autodesk UK Holdings Limited, Autodesk Yazilim Hizmetleri Ticaret Limited Sirketi (Autodesk Limited Sirketi), Autodesk de Argentina S.A., Autodesk de Costa Rica S.R.L., Autodesk de Mexico S.A. de C.V., Autodesk de Venezuela S.A., Autodesk do Brasil Ltda, Autodesk spol. s.r.o., BIMWorld Assets, Bitsquid AB, Blue Ridge Numerics, BuildingConnected, BuildingConnected Inc., Buzzsaw.com, COLOURlovers, CadSoft Computer GmbH, CadSoft Computer GmbH., Caice Software Corp, Carmel Software Corp., Compass Systems, Constructware, Creative Market, Crispin Systems Limited, Cumulate Labs, Delcam, Delcam Australia Pty Limited, Delcam Consulting and Technology Services Limited, Delcam Indonesia, Delcam Limited, Delcam Professional Services Limited, Delcam Software (India) Private Limited, Discreet Logic, Eagle Software, Ecotect, Elektro-CAE Software GmbH, Evolver, Firehole Composites, GRAITEC Group - Steel Products, GRIP Entertainment, Gentry Systems, Graitec GmbH, HSMWorks Technology, Hankook Delcam Limited, Horizontal Systems, Ilesfay Technology Group, Illuminate Labs, Inforbix, Innovyze, Innovyze LLC, Innovyze Ltd., Innovyze Pty. Ltd., Innovyze.AI Co., Instructables, Ithaca Software, Kynogon, Lagoa, Limited Liability Company Autodesk (CIS), Linius Technologies Ltd, MechSoft, Meshmixer, Micro Application Packages Ltd, Micro Engineering Solutions, Modio, Moldflow, Moxion, Moxion Inc., Moxion Limited, NavisWorks, Netfabb, Numenus, Pixlr, PlanGrid, PlanGrid Australia Pty Ltd., PlanGrid Canada ULC, PlanGrid Hong Kong Limited, PlanGrid Inc, PlanPlatform, PlassoTech, ProEst Estimating Software, ProEst Inc., Prodsmart, Pype, Pype LLC, Pype Technologies Private Limited, Qontext, Realviz SA, Revit Technology Corporation, Robobat, Robobat, Scaleform, SeeControl, Shotgun Software, Shotgun Software LLC, Sim Ops Studios, Skymatter, Socialcam, SoftImage, Softdesk, Solid Angle S. L., Solid Angle S.L.U., SpaceMaker, Spacemaker AEC Software Oy, Spacemaker AS Norway, Spacemaker France SAS, Spacemaker Sweden AB, Spacemaker US LLC, Storm Australia Holdco Pty. Ltd., Storm UK Holdco Ltd., Synthicity, Tinderbox Media Limited, Tinkercad, Topolabs, TradeTapp Inc., Upchain, Upchain USA LLC, Vela Systems, Wild Pockets, Within Technologies, Within Technologies Limited, XP Software Pty. Ltd., XP Solutions Software Limited, netfabb GmbH, and netfabb Inc..
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This page (NASDAQ:ADSK) was last updated on 4/18/2024 by MarketBeat.com Staff

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