Autodesk (ADSK) News Today

Autodesk, Inc. (NASDAQ: ADSK) shares rose today after the company reported stellar second-quarter results, lifted its full-year outlook and saw strong demand for its AI-powered design software. Multiple analysts raised their price targets and reiterated bullish ratings, while investors parsed mixed market signals ahead of the holiday weekend.

• Positive Sentiment: Posted Q2 revenue growth of 17% and an EPS beat as demand for its design and AI data-center software surged Autodesk Q2 Earnings & Revenues Surpass Estimates
• Positive Sentiment: Raised annual EPS guidance for FY 2026 to 9.80–9.98 (vs. 8.43 consensus) and Q3 guidance above Street estimates Autodesk Raises Annual Forecasts
• Positive Sentiment: Macquarie upped its price target to $380 with an “outperform” rating, implying over 20% upside Read More
• Positive Sentiment: Piper Sandler lifted its PT to $373 and kept an “overweight” rating, and Robert W. Baird raised its PT to $363 with an “outperform” call Baird PT Raise
• Positive Sentiment: DA Davidson reaffirmed its “buy” rating and set a $375 price target, a near 19% upside Read More
• Neutral Sentiment: Unusual options activity picked up ahead of the earnings release Autodesk Unusual Options Activity For August 29
• Neutral Sentiment: Executives will present at upcoming investor conferences and host a digital investor day Investor Conference Schedule
• Negative Sentiment: Major U.S. equity indexes pulled back on economic data and holiday positioning, which could temper further upside S&P 500 Gains & Losses Today