FY2025 Earnings Estimate for Autodesk Issued By Scotiabank

Autodesk, Inc. (NASDAQ:ADSK) – Analysts at Scotiabank issued their FY2025 EPS estimates for shares of Autodesk in a research report issued to clients and investors on Wednesday, January 8th. Scotiabank analyst A. Verkhovski forecasts that the software company will post earnings of $5.75 per share for the year. Scotiabank currently has a “Sector Outperform” rating and a $360.00 price target on the stock. The consensus estimate for Autodesk’s current full-year earnings is $5.76 per share. Scotiabank also issued estimates for Autodesk’s FY2026 earnings at $6.28 EPS.

Autodesk (NASDAQ:ADSK) last released its quarterly earnings results 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. Autodesk had a return on equity of 53.87% and a net margin of 18.30%. The company had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.56 billion. During the same quarter last year, the business posted $1.33 earnings per share. Autodesk’s revenue was up 11.0% compared to the same quarter last year.

Several other research firms have also recently issued reports on ADSK. Wells Fargo & Company raised their target price on shares of Autodesk from $340.00 to $350.00 and gave the stock an “overweight” rating in a research report on Friday, November 22nd. Morgan Stanley boosted their price objective on shares of Autodesk from $320.00 to $375.00 and gave the stock an “overweight” rating in a research note on Friday, November 22nd. Hsbc Global Res lowered Autodesk from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 29th. Mizuho raised their target price on Autodesk from $260.00 to $280.00 and gave the company a “neutral” rating in a report on Wednesday, November 27th. Finally, HSBC cut Autodesk from a “buy” rating to a “hold” rating and set a $290.00 price target for the company. in a report on Friday, November 29th. Nine equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $326.05.

Autodesk Stock Performance

Shares of NASDAQ ADSK opened at $284.82 on Monday. The company has a market cap of $61.24 billion, a PE ratio of 56.51, a price-to-earnings-growth ratio of 3.62 and a beta of 1.42. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.65 and a quick ratio of 0.65. Autodesk has a 12 month low of $195.32 and a 12 month high of $326.62. The company has a 50-day simple moving average of $301.35 and a 200-day simple moving average of $274.58.

Institutional Trading of Autodesk

Several large investors have recently added to or reduced their stakes in ADSK. Starboard Value LP acquired a new position in shares of Autodesk during the third quarter valued at approximately $510,189,000. Point72 Asset Management L.P. lifted its stake in Autodesk by 366.5% during the second quarter. Point72 Asset Management L.P. now owns 843,040 shares of the software company’s stock valued at $208,610,000 after purchasing an additional 662,339 shares during the last quarter. International Assets Investment Management LLC grew its position in Autodesk by 58,375.5% in the third quarter. International Assets Investment Management LLC now owns 567,797 shares of the software company’s stock worth $1,564,170,000 after buying an additional 566,826 shares during the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of Autodesk by 394.9% in the third quarter. Massachusetts Financial Services Co. MA now owns 567,360 shares of the software company’s stock valued at $156,296,000 after buying an additional 452,728 shares in the last quarter. Finally, Marshall Wace LLP lifted its position in shares of Autodesk by 818.3% during the 2nd quarter. Marshall Wace LLP now owns 458,337 shares of the software company’s stock valued at $113,415,000 after acquiring an additional 408,424 shares during the last quarter. 90.24% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Mary T. Mcdowell sold 550 shares of Autodesk stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $305.06, for a total transaction of $167,783.00. Following the sale, the director now owns 30,249 shares of the company’s stock, valued at approximately $9,227,759.94. The trade was a 1.79 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.14% of the stock is owned by company insiders.

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.