Free Trial
NASDAQ:ADSK

Autodesk (ADSK) Stock Price, News & Analysis

$252.06
+1.93 (+0.77%)
(As of 08/21/2024 ET)
Today's Range
$250.01
$252.93
50-Day Range
$223.10
$253.82
52-Week Range
$192.01
$279.53
Volume
1.06 million shs
Average Volume
1.66 million shs
Market Capitalization
$54.32 billion
P/E Ratio
54.56
Dividend Yield
N/A
Price Target
$262.42

Autodesk MarketRank™ Stock Analysis

Analyst Rating
Hold
2.39 Rating Score
Upside/​Downside
4.1% Upside
$262.42 Price Target
Short Interest
Healthy
1.48% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.45
Upright™ Environmental Score
News Sentiment
0.73mentions of Autodesk in the last 14 days
Based on 18 Articles This Week
Insider Trading
Selling Shares
$9.54 M Sold Last Quarter
Proj. Earnings Growth
15.50%
From $5.55 to $6.41 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.27 out of 5 stars

Computer And Technology Sector

144th out of 594 stocks

Prepackaged Software Industry

42nd out of 197 stocks

ADSK stock logo

About Autodesk Stock (NASDAQ:ADSK)

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.

ADSK Stock Price History

ADSK Stock News Headlines

Massive Crypto Selloff = Historic Opportunity
Stocks recently suffered the worst 1-day loss since 2022… Cryptos got hammered as well…But here's the fact everyone is missing… As of this writing, Bitcoin is still up 28% year to date…And it's up 84% in the last year.
Short Interest in Autodesk, Inc. (NASDAQ:ADSK) Expands By 11.1%
Massive Crypto Selloff = Historic Opportunity
Stocks recently suffered the worst 1-day loss since 2022… Cryptos got hammered as well…But here's the fact everyone is missing… As of this writing, Bitcoin is still up 28% year to date…And it's up 84% in the last year.
ADSK Sep 2024 210.000 put
Autodesk Inc (AUD.MU)
See More Headlines
Receive ADSK Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Autodesk and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
6/11/2024
Today
8/22/2024
Next Earnings (Confirmed)
8/29/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Application Software
Current Symbol
NASDAQ:ADSK
CUSIP
05276910
Employees
12,600
Year Founded
1982

Price Target and Rating

Average Stock Price Target
$262.42
High Stock Price Target
$305.00
Low Stock Price Target
$214.00
Potential Upside/Downside
+4.1%
Consensus Rating
Hold
Rating Score (0-4)
2.39
Research Coverage
18 Analysts

Profitability

Net Income
$906 million
Pretax Margin
21.68%

Debt

Sales & Book Value

Annual Sales
$5.65 billion
Cash Flow
$5.25 per share
Book Value
$8.67 per share

Miscellaneous

Free Float
215,207,000
Market Cap
$54.32 billion
Optionable
Optionable
Beta
1.48

Social Links

5G Stocks: The Path Forward is Profitable Cover

Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report

Should I Buy Autodesk Stock? ADSK Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Autodesk, Inc.:

  • Autodesk reported earnings per share of $1.87 for the quarter, beating analysts' estimates by $0.10, indicating strong financial performance.
  • The company had revenue of $1.42 billion during the quarter, surpassing analyst expectations of $1.39 billion, showcasing robust revenue growth.
  • Autodesk has a return on equity of 65.46%, indicating efficient utilization of shareholder equity to generate profits.
  • Recent Wall Street analyst ratings have been positive, with several firms giving Autodesk a "buy" rating and raising price targets, suggesting confidence in the company's future performance.
  • Autodesk's stock price has shown upward momentum, trading at $247.52, with a market capitalization of $53.34 billion, reflecting investor interest and potential for growth.

Cons

Investors should be bearish about investing in Autodesk, Inc. for these reasons:

  • Autodesk's P/E ratio of 53.41 and P/E/G ratio of 3.24 indicate that the stock may be overvalued compared to its growth prospects, potentially leading to limited upside for investors.
  • The company's debt-to-equity ratio of 1.06 suggests a relatively high level of debt, which could pose risks in case of economic downturns or rising interest rates.
  • Autodesk's current ratio and quick ratio of 0.69 each raise concerns about the company's short-term liquidity position and ability to meet immediate financial obligations.
  • Analysts have issued mixed ratings on Autodesk, with some maintaining a "hold" stance, indicating uncertainty about the company's future performance and market conditions.
  • The stock's beta of 1.48 implies higher volatility compared to the market average, potentially leading to greater price fluctuations and risk for investors.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, August 15, 2024. Please send any questions or comments about these Autodesk pros and cons to contact@marketbeat.com.

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 stock has increased by 3.5% and is now trading at $252.06.
View the best growth stocks for 2024 here
.

How were Autodesk's earnings last quarter?

Autodesk, Inc. (NASDAQ:ADSK) posted its quarterly earnings results on Tuesday, June, 11th. The software company reported $1.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.77 by $0.10. The business's revenue was up 11.7% compared to the same quarter last year.

Is Autodesk doing a stock buyback?

Autodesk's Board of Directors initiated a stock buyback plan on Tuesday, November 22nd 2022, which authorizes the company to buy back $5,000,000,000 in shares, according to EventVestor. This means that the company could buy up to 11.9% of its shares through open market purchases. Shares buyback plans are often an indication that the company's board believes its shares are undervalued.

What is Andrew Anagnost's approval rating as Autodesk's CEO?

587 employees have rated Autodesk Chief Executive Officer Andrew Anagnost on Glassdoor.com. Andrew Anagnost has an approval rating of 95% among the company's employees. This puts Andrew Anagnost in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Does Autodesk have any subsidiaries?

Autodesk subsidiaries include these companies: Moxion, ProEst Estimating Software, Upchain, Innovyze, SpaceMaker, Pype, BuildingConnected, and more.

Who are Autodesk's major shareholders?

Autodesk's top institutional shareholders include Ninety One UK Ltd (2.35%), Legal & General Group Plc (0.98%), Principal Financial Group Inc. (0.90%) and Van ECK Associates Corp (0.76%). Insiders that own company stock include Andrew Anagnost, Steven M Blum, Deborah Clifford, Mary T Mcdowell, Stacy J Smith, 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).

This page (NASDAQ:ADSK) was last updated on 8/22/2024 by MarketBeat.com Staff

From Our Partners