NASDAQ:ADSKAutodesk Stock Price, Forecast & News

Autodesk's stock was trading at $154.40 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ADSK shares have increased by 58.6% and is now trading at $244.95. 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) announced its earnings results on Wednesday, May, 27th. The software company reported $0.85 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.80 by $0.05. The software company earned $866 million during 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 company's revenue for the quarter was up 17.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.45 earnings per share. 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 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 Wall Street analysts have issued 12-month price objectives for Autodesk's shares. Their forecasts range from $143.00 to $300.00. On average, they anticipate Autodesk's share price to reach $223.35 in the next year. This suggests that the stock has a possible downside of 8.8%. View analysts' price targets for Autodesk.

News coverage about ADSK stock has been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of press coverage by analyzing more than six thousand blog and news 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 daily sentiment score of 1.7 on InfoTrie's scale. They also gave media coverage about the software company a news buzz of 0.0 out of 10, indicating 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 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), SS&C Technologies (SSNC), Tyler Technologies (TYL), 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 a variety of retail and institutional investors. Top institutional investors include Envestnet Asset Management Inc. (0.16%), Horan Capital Management (0.05%), State of Alaska Department of Revenue (0.02%), Private Asset Management Inc. (0.02%), Forte Capital LLC ADV (0.01%) and DNB Asset Management AS (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, 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 DNB Asset Management AS, Private Asset Management Inc., Diversified Trust Co, Horan Capital Management, and IBM Retirement Fund. 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 acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Canandaigua National Corp, Orrstown Financial Services Inc., Arden Trust Co, Forte Capital LLC ADV, Fulton Bank N. A., State of Alaska Department of Revenue, and Livforsakringsbolaget Skandia Omsesidigt. 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 $244.95.

Autodesk has a market capitalization of $53.69 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]