William Blair Has Positive Outlook for Autodesk Q2 Earnings

Autodesk, Inc. (NASDAQ:ADSK) – Analysts at William Blair lifted their Q2 2027 earnings estimates for shares of Autodesk in a report released on Wednesday, November 26th. William Blair analyst D. Becker now forecasts that the software company will post earnings per share of $1.93 for the quarter, up from their prior forecast of $1.89. The consensus estimate for Autodesk’s current full-year earnings is $5.76 per share. William Blair also issued estimates for Autodesk’s Q3 2027 earnings at $2.15 EPS.

Autodesk (NASDAQ:ADSK) last released its quarterly earnings data on Tuesday, November 25th. The software company reported $2.67 EPS for the quarter, topping analysts’ consensus estimates of $2.50 by $0.17. Autodesk had a return on equity of 51.23% and a net margin of 15.75%.The business had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same period in the prior year, the firm posted $2.17 EPS. The business’s revenue for the quarter was up 18.0% on a year-over-year basis. Autodesk has set its FY 2026 guidance at 10.180-10.250 EPS. Q4 2026 guidance at 2.590-2.67 EPS.

Other analysts have also recently issued research reports about the company. Morgan Stanley boosted their target price on Autodesk from $370.00 to $385.00 and gave the stock an “overweight” rating in a report on Sunday, August 31st. Robert W. Baird boosted their price objective on shares of Autodesk from $367.00 to $377.00 and gave the stock an “outperform” rating in a research note on Wednesday. BMO Capital Markets increased their price objective on shares of Autodesk from $333.00 to $343.00 and gave the stock a “market perform” rating in a research report on Wednesday, November 26th. Deutsche Bank Aktiengesellschaft upgraded shares of Autodesk from a “hold” rating to a “buy” rating and lifted their target price for the company from $345.00 to $375.00 in a report on Wednesday. Finally, Wells Fargo & Company upped their price target on shares of Autodesk from $375.00 to $380.00 and gave the stock an “overweight” rating in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $366.16.

Autodesk Stock Performance

Shares of NASDAQ:ADSK opened at $303.30 on Monday. The business has a 50-day moving average of $306.20 and a two-hundred day moving average of $303.00. The firm has a market capitalization of $64.60 billion, a PE ratio of 62.79, a P/E/G ratio of 2.63 and a beta of 1.51. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.76 and a quick ratio of 0.76. Autodesk has a 12 month low of $232.67 and a 12 month high of $329.09.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Brighton Jones LLC boosted its stake in shares of Autodesk by 14.5% during the 4th quarter. Brighton Jones LLC now owns 1,162 shares of the software company’s stock valued at $343,000 after buying an additional 147 shares during the last quarter. Federated Hermes Inc. raised its holdings in Autodesk by 16.5% in the first quarter. Federated Hermes Inc. now owns 30,083 shares of the software company’s stock valued at $7,876,000 after acquiring an additional 4,262 shares in the last quarter. Arkadios Wealth Advisors boosted its stake in Autodesk by 14.3% during the 1st quarter. Arkadios Wealth Advisors now owns 2,962 shares of the software company’s stock valued at $775,000 after acquiring an additional 371 shares during the last quarter. Commerce Bank boosted its stake in Autodesk by 0.4% during the 1st quarter. Commerce Bank now owns 16,763 shares of the software company’s stock valued at $4,389,000 after acquiring an additional 69 shares during the last quarter. Finally, Cheviot Value Management LLC acquired a new position in Autodesk during the 1st quarter worth $27,000. Hedge funds and other institutional investors own 90.24% of the company’s stock.

Insider Activity at Autodesk

In related news, EVP Ruth Ann Keene sold 2,761 shares of Autodesk stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $315.10, for a total transaction of $869,991.10. Following the sale, the executive vice president owned 80,255 shares of the company’s stock, valued at $25,288,350.50. The trade was a 3.33% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Ayanna Howard sold 917 shares of the business’s stock in a transaction on Monday, September 29th. The stock was sold at an average price of $325.00, for a total transaction of $298,025.00. Following the completion of the transaction, the director owned 3,476 shares in the company, valued at $1,129,700. This represents a 20.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 26,098 shares of company stock valued at $8,426,491. Corporate insiders own 0.15% of the company’s stock.

Autodesk Company Profile

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.