Autodesk (NASDAQ:ADSK) Releases FY 2025 Earnings Guidance

Autodesk (NASDAQ:ADSK) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 8.290-8.350 for the period, compared to the consensus earnings per share estimate of 8.270. The company issued revenue guidance of $6.1 billion-$6.1 billion, compared to the consensus revenue estimate of $6.1 billion. Autodesk also updated its Q4 guidance to $2.10-2.16 EPS.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. Rosenblatt Securities raised their target price on Autodesk from $295.00 to $325.00 and gave the company a “buy” rating in a research note on Wednesday. Citigroup raised their price objective on Autodesk from $325.00 to $358.00 and gave the company a “buy” rating in a research note on Friday, November 22nd. Barclays upped their target price on Autodesk from $310.00 to $355.00 and gave the company an “overweight” rating in a research report on Friday, November 15th. Scotiabank initiated coverage on shares of Autodesk in a research report on Monday, November 18th. They set a “sector outperform” rating and a $360.00 price target for the company. Finally, Robert W. Baird upped their price target on shares of Autodesk from $305.00 to $330.00 and gave the company an “outperform” rating in a report on Monday, November 18th. Eight equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $315.38.

Autodesk Stock Performance

Shares of NASDAQ ADSK opened at $290.64 on Friday. Autodesk has a 12-month low of $195.32 and a 12-month high of $326.62. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 0.80. The company has a market cap of $62.49 billion, a PE ratio of 59.44, a P/E/G ratio of 4.08 and a beta of 1.47. The stock has a 50 day simple moving average of $289.44 and a 200-day simple moving average of $257.07.

Autodesk (NASDAQ:ADSK) last posted its quarterly earnings data on Tuesday, November 26th. The software company reported $2.17 earnings per share for the quarter, topping the consensus estimate of $2.12 by $0.05. The business had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.56 billion. Autodesk had a net margin of 18.21% and a return on equity of 59.41%. The company’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.33 earnings per share. On average, equities research analysts forecast that Autodesk will post 5.73 EPS for the current year.

Insider Activity at Autodesk

In related news, Director Mary T. Mcdowell sold 550 shares of Autodesk stock in a transaction on Monday, September 16th. The stock was sold at an average price of $265.50, for a total value of $146,025.00. Following the transaction, the director now directly owns 31,349 shares in the company, valued at $8,323,159.50. The trade was a 1.72 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Stephen W. Hope sold 286 shares of the company’s stock in a transaction on Monday, September 30th. The shares were sold at an average price of $274.84, for a total value of $78,604.24. Following the sale, the chief accounting officer now directly owns 4,879 shares of the company’s stock, valued at approximately $1,340,944.36. This represents a 5.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 1,936 shares of company stock worth $549,333 over the last quarter. 0.14% of the stock is currently owned by company insiders.

About Autodesk

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.