Autodesk (ADSK) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $263.57 to $267.97
• 50-Day Range: $225.72 to $267.73
• 52-Week Range: $192.01 to $279.53
• Volume: 1.16 million shs
• Average Volume: 1.65 million shs
• Market Capitalization: $56.94 billion
• P/E Ratio: 57.19
• Dividend Yield: N/A
• Price Target: $292.17
• Consensus Rating: Moderate Buy

Autodesk Stock Analysis - MarketRank™

Autodesk scored higher than 94% of companies evaluated by MarketBeat, and ranked 146th out of 670 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Autodesk has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 10 buy ratings, 7 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Autodesk has been the subject of 16 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 12.91%

Earnings Growth

Earnings for Autodesk are expected to grow by 12.91% in the coming year, from $5.73 to $6.47 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Autodesk is 57.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.75.

Price to Earnings Ratio vs. Sector

The P/E ratio of Autodesk is 57.19, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 268.48.

Price to Earnings Growth Ratio

Autodesk has a PEG Ratio of 3.29. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Autodesk has a P/B Ratio of 22.95. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.67% of the float of Autodesk has been sold short.

Short Interest Ratio / Days to Cover

Autodesk has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Autodesk has recently increased by 45.71%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Autodesk does not currently pay a dividend.

Dividend Growth

Autodesk does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 2.9 / 5
• Environmental Score: -1.45

Percentage of Shares Shorted

1.67% of the float of Autodesk has been sold short.

Short Interest Ratio / Days to Cover

Autodesk has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Autodesk has recently increased by 45.71%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.85

News Sentiment

Autodesk has a news sentiment score of 0.85. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 17 news articles for Autodesk this week, compared to 17 articles on an average week.

Search Interest

31 people have searched for ADSK on MarketBeat in the last 30 days. This is an increase of 121% compared to the previous 30 days.

MarketBeat Follows

Only 8 people have added Autodesk to their MarketBeat watchlist in the last 30 days. This is a decrease of -11% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Autodesk insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $10,046,302.00 in company stock.

Percentage Held by Insiders

Only 0.14% of the stock of Autodesk is held by insiders.

Percentage Held by Institutions

90.24% of the stock of Autodesk is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

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 8.5% and is now trading at $264.21.
View the best growth stocks for 2024 here.

How were Autodesk's earnings last quarter?

Autodesk, Inc. (NASDAQ:ADSK) released its quarterly earnings results on Thursday, August, 29th. The software company reported $2.15 earnings per share for the quarter, topping the consensus estimate of $2.00 by $0.15. Autodesk's 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 authorized a share buyback plan on Tuesday, November 22nd 2022, which permits the company to repurchase $5,000,000,000 in outstanding shares, according to EventVestor. This means that the company could repurchase up to 11.9% of its shares through open market purchases. Shares buyback plans are often a sign that the company's management believes its stock is undervalued.

Does Autodesk have any subsidiaries?

The following companies are subsidiaries of Autodesk: Moxion, ProEst Estimating Software, Upchain, Innovyze, SpaceMaker, Pype, BuildingConnected, and others.

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).

Company Calendar

• Last Earnings: 8/29/2024
• Today: 9/18/2024
• Next Earnings (Estimated): 11/19/2024
• Fiscal Year End: 1/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: Application Software
• Current Symbol: NASDAQ:ADSK
• CUSIP: 05276910
• CIK: 769397
• Web: www.autodesk.com
• Phone: (415) 507-5000
• Fax: 415-507-5100
• 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: +10.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 18 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $4.62
• Trailing P/E Ratio: 57.19
• Forward P/E Ratio: 46.11
• P/E Growth: 3.29
• Net Income: $906 million
• Net Margins: 18.21%
• Pretax Margin: 22.70%
• Return on Equity: 59.41%
• Return on Assets: 12.17%

Debt

• Debt-to-Equity Ratio: 0.80
• Current Ratio: 0.64
• Quick Ratio: 0.64

Sales & Book Value

• Annual Sales: $5.81 billion
• Price / Sales: 9.81
• Cash Flow: $5.14 per share
• Price / Cash Flow: 51.42
• Book Value: $11.51 per share
• Price / Book: 22.95

Miscellaneous

• Outstanding Shares: 215,509,000
• Free Float: 215,207,000
• Market Cap: $56.94 billion
• Optionable: Optionable
• Beta: 1.48