Autodesk Reports Quarterly Earnings, Falls Short of Expectations

Autodesk (NASDAQ:ADSK) published its quarterly earnings report on Thursday, revealing earnings per share (EPS) of $1.58. This figure fell short of the expected consensus estimate of $2.13 by a margin of $0.55, according to reports from Zacks. Alongside these earnings, Autodesk demonstrated a return on equity of 53.87% and a net margin of 18.30%. Furthermore, the company provided updates to its fiscal year 2026 guidance, forecasting an EPS range of 9.340 to 9.670, and a first quarter EPS guidance of 2.140 to 2.170.

Response from the Market

On the day of the earnings announcement, shares of Autodesk declined by 1.2%, trading down by $3.32 to reach $282.35. Overall, 3,013,502 shares exchanged hands, in contrast to the average volume of 1,433,918. The company maintains a debt-to-equity ratio of 0.76 and calculated quick and current ratios of 0.65. With a market capitalization of $60.71 billion, Autodesk has a price-to-earnings (P/E) ratio of 56.02 and a P/E growth (P/E/G) ratio of 2.94. Over the past year, shares have ranged between a low of $195.32 and a high of $326.62.

Analyst Opinions and Predictions

Many research analysts have recently analyzed Autodesk's stock performance. For instance, Mizuho upgraded the stock from a "neutral" to an "outperform" rating and raised its target price from $280.00 to $400.00. Bank of America also increased its target for Autodesk shares from $325.00 to $335.00 while maintaining a "neutral" stance. On the other hand, HSBC Global Research downgraded the stock from a "strong-buy" to a "hold" rating. Morgan Stanley raised its price target from $320.00 to $375.00, assigning an "overweight" rating. Citigroup adjusted its price objective from $361.00 to $339.00 while designating it as a "buy." Currently, among analysts, there are eight hold ratings and sixteen buy ratings for Autodesk, leading to a consensus rating categorized as "Moderate Buy" with an average target price of $333.45.

About Autodesk

Autodesk, Inc. is a global leader in providing software solutions for 3D design, engineering, and entertainment technology. Their product offerings include AutoCAD Civil 3D for civil engineering projects, BuildingConnected—a SaaS solution for preconstruction, and various CAD and CAM software tools such as AutoCAD, AutoCAD LT, and Fusion 360. The company caters to professionals in architecture, engineering and construction, product design and manufacturing, and the media and entertainment industries.

Autodesk, Earnings, Stocks