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Autodesk (ADSK) Stock Price, News & Analysis

$267.24
+3.28 (+1.24%)
(As of 03:25 PM ET)
Today's Range
$265.39
$269.00
50-Day Range
$225.72
$263.96
52-Week Range
$192.01
$279.53
Volume
748,086 shs
Average Volume
1.66 million shs
Market Capitalization
$57.46 billion
P/E Ratio
57.84
Dividend Yield
N/A
Price Target
$292.17

Autodesk MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
9.0% Upside
$292.17 Price Target
Short Interest
Healthy
1.67% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.45
Upright™ Environmental Score
News Sentiment
1.06mentions of Autodesk in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$10.03 M Sold Last Quarter
Proj. Earnings Growth
12.91%
From $5.73 to $6.47 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.

4.18 out of 5 stars

Computer And Technology Sector

83rd out of 602 stocks

Prepackaged Software Industry

24th out of 204 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

Female Game Developer Has Discussion with Male Project Manager W - stock image Unity Software
Don’t Overlook Unity: Why This Stock Could Be Ready to Soar (ADSK)
Unity Software recovers from a pricing controversy, showing growth and maintaining a 70% mobile market share, leading to a Morgan Stanley stock upgrade.
MarketBeat Week in Review – 9/2 - 9/6 (ADSK)
The jobs report did nothing to change the market’s storyline; investors are waiting on the extent of rate cuts and what they say about a possible recession
My big AI project…
On Wednesday, September 25, I’m putting on my first crypto event in two years to unveil: the Perceptron. This is my AI project that I first conceived of shortly after I recommended Nvidia back in 2016.
Female 3D designer using pc with professional program and creating 3D prototype of airplane turbine while working remotely at home office
Autodesk Stock: Analysts' Top AI Pick You Shouldn’t Overlook (ADSK)
Autodesk stock is now proving why it deserved to see over $6 billion in institutional capital flow in the past year, and why analysts see double-digit upside
Autodesk, Inc. (NASDAQ:ADSK) Sees Significant Growth in Short Interest
My big AI project…
On Wednesday, September 25, I’m putting on my first crypto event in two years to unveil: the Perceptron. This is my AI project that I first conceived of shortly after I recommended Nvidia back in 2016.
KeyBanc Sticks to Its Buy Rating for Autodesk (ADSK)
Brokerages Set Autodesk, Inc. (NASDAQ:ADSK) Price Target at $283.33
Goldman Sachs Upgrades Autodesk (ADSK)
Autodesk: Path To Mid-Teens Growth Is Now More Visible
See More Headlines
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Company Calendar

Last Earnings
8/29/2024
Today
9/16/2024
Next Earnings (Estimated)
11/19/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Application Software
Current Symbol
NASDAQ:ADSK
CUSIP
05276910
Employees
14,100
Year Founded
1982

Price Target and Rating

Average Stock Price Target
$292.17
High Stock Price Target
$325.00
Low Stock Price Target
$240.00
Potential Upside/Downside
+9.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
18 Analysts

Profitability

Net Income
$906 million
Pretax Margin
22.70%

Debt

Sales & Book Value

Annual Sales
$5.50 billion
Cash Flow
$5.19 per share
Book Value
$11.51 per share

Miscellaneous

Free Float
215,207,000
Market Cap
$57.42 billion
Optionable
Optionable
Beta
1.48

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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, Inc. has shown consistent revenue growth, with a year-over-year increase of 11.9%, indicating a strong financial performance.
  • Equities analysts predict that Autodesk, Inc. will post 5.55 earnings per share for the current fiscal year, reflecting positive earnings potential.
  • Recent analyst price targets for Autodesk, Inc. have been revised upwards, with price targets ranging from $287.00 to $320.00, suggesting a positive outlook from experts.
  • Institutional investors have been increasing their stakes in Autodesk, Inc., with notable firms like EP Wealth Advisors LLC and Creative Planning raising their positions significantly, signaling confidence in the company's future growth.
  • Autodesk, Inc. provides 3D design, engineering, and entertainment technology solutions globally, positioning itself in a sector with high demand and innovation potential.

Cons

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

  • Autodesk, Inc. stock may be subject to market volatility, as indicated by fluctuations in analyst ratings and price targets, which could pose risks for investors.
  • While revenue growth has been positive, there is a possibility that future growth may not meet expectations, leading to potential disappointments for investors.
  • With a consensus rating of "Moderate Buy," there is a mixed sentiment among analysts regarding Autodesk, Inc., which could create uncertainty in the market.
  • High institutional ownership of Autodesk, Inc. stock at 90.24% may limit potential retail investor influence on the company's direction and performance.
  • Investing in a technology-focused company like Autodesk, Inc. carries inherent risks related to rapid technological advancements and competition in the industry, which could impact the company's market position.
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 Tuesday, September 10, 2024. Please send any questions or comments about these Autodesk pros and cons to contact@marketbeat.com.

ADSK Stock Analysis - Frequently Asked Questions

How have ADSK shares performed this year?

Autodesk's stock was trading at $243.48 at the beginning of 2024. Since then, ADSK shares have increased by 10.0% and is now trading at $267.94.
View the best growth stocks for 2024 here
.

How were Autodesk's earnings last quarter?

Autodesk, Inc. (NASDAQ:ADSK) posted its quarterly earnings results on Thursday, August, 29th. The software company reported $2.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.00 by $0.15. The firm's quarterly revenue was up 11.9% compared to the same quarter last year.
Read the conference call transcript
.

Is Autodesk doing a stock buyback?

Autodesk's Board of Directors initiated a share buyback plan on Tuesday, November 22nd 2022, which authorizes the company to buy back $5,000,000,000 in outstanding shares, according to EventVestor. This means that the company could repurchase up to 11.9% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's leadership believes its shares are undervalued.

Does Autodesk have any subsidiaries?

Autodesk subsidiaries include Moxion, ProEst Estimating Software, Upchain, Innovyze, SpaceMaker, Pype, BuildingConnected, and more.

Who are Autodesk's major shareholders?

Top institutional shareholders of Autodesk include Ninety One UK Ltd (2.35%), Clearbridge Investments LLC (1.28%), Legal & General Group Plc (0.98%) and Principal Financial Group Inc. (0.90%). Insiders that own company stock include Andrew Anagnost, Deborah Clifford, Mary T Mcdowell, Stacy J Smith, Steven M Blum, Rebecca Pearce, Stephen W Hope, Ayanna Howard and Betsy Rafael.
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.

What other stocks do shareholders of Autodesk own?

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

This page (NASDAQ:ADSK) was last updated on 9/16/2024 by MarketBeat.com Staff

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