William Blair Issues Negative Outlook for Autodesk Earnings

Autodesk, Inc. (NASDAQ:ADSK) – Equities research analysts at William Blair reduced their Q3 2026 earnings per share (EPS) estimates for shares of Autodesk in a report issued on Wednesday, November 27th. William Blair analyst D. Becker now forecasts that the software company will post earnings per share of $1.66 for the quarter, down from their prior forecast of $1.67. The consensus estimate for Autodesk’s current full-year earnings is $5.79 per share.

Autodesk (NASDAQ:ADSK) last released its earnings results on Tuesday, November 26th. The software company reported $2.17 earnings per share for the quarter, topping analysts’ consensus estimates of $2.12 by $0.05. Autodesk had a net margin of 18.30% and a return on equity of 53.87%. The firm had revenue of $1.57 billion for the quarter, compared to the consensus estimate of $1.56 billion. During the same period in the prior year, the firm earned $1.33 EPS. The company’s revenue was up 11.0% compared to the same quarter last year.

A number of other equities research analysts have also recently commented on the company. UBS Group initiated coverage on Autodesk in a research note on Monday. They issued a “buy” rating and a $350.00 target price on the stock. Stifel Nicolaus raised their price objective on shares of Autodesk from $320.00 to $340.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Bank of America upped their target price on shares of Autodesk from $260.00 to $285.00 and gave the stock a “neutral” rating in a research note on Friday, August 30th. Royal Bank of Canada raised their price target on shares of Autodesk from $290.00 to $313.00 and gave the company an “outperform” rating in a research report on Friday, August 30th. Finally, Rosenblatt Securities upped their price objective on Autodesk from $295.00 to $325.00 and gave the company a “buy” rating in a research report on Wednesday, November 27th. Ten research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $316.68.

Autodesk Stock Performance

Shares of ADSK opened at $296.65 on Monday. Autodesk has a 52 week low of $195.32 and a 52 week high of $326.62. The company has a quick ratio of 0.64, a current ratio of 0.65 and a debt-to-equity ratio of 0.76. The stock has a market cap of $63.78 billion, a P/E ratio of 58.86, a P/E/G ratio of 3.73 and a beta of 1.47. The business’s 50 day moving average price is $289.93 and its 200-day moving average price is $258.15.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Olistico Wealth LLC acquired a new stake in shares of Autodesk in the second quarter valued at approximately $26,000. Pacifica Partners Inc. increased its position in Autodesk by 83.3% during the 2nd quarter. Pacifica Partners Inc. now owns 110 shares of the software company’s stock worth $27,000 after purchasing an additional 50 shares in the last quarter. Livelsberger Financial Advisory purchased a new position in shares of Autodesk in the 3rd quarter valued at $27,000. Concord Wealth Partners purchased a new position in Autodesk in the third quarter valued at about $28,000. Finally, Transcendent Capital Group LLC acquired a new position in Autodesk during the 3rd quarter worth approximately $28,000. Institutional investors and hedge funds own 90.24% of the company’s stock.

Insider Activity

In other news, Director Mary T. Mcdowell sold 550 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $265.50, for a total transaction of $146,025.00. Following the completion of the sale, the director now owns 31,349 shares in the company, valued at approximately $8,323,159.50. The trade was a 1.72 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Stephen W. Hope sold 286 shares of the firm’s stock in a transaction that occurred on Monday, September 30th. The stock was sold at an average price of $274.84, for a total value of $78,604.24. Following the transaction, the chief accounting officer now owns 4,879 shares in the company, valued at $1,340,944.36. This represents a 5.54 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 1,936 shares of company stock valued at $549,333 in the last quarter. Insiders own 0.14% 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.