Autodesk (NASDAQ:ADSK) Updates FY 2025 Earnings Guidance

Autodesk (NASDAQ:ADSK) issued an update on its FY 2025 earnings guidance on Tuesday. 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.

Autodesk Stock Down 0.4 %

Shares of ADSK traded down $1.43 during midday trading on Tuesday, hitting $317.96. 2,487,730 shares of the company’s stock traded hands, compared to its average volume of 1,586,533. 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 stock has a market capitalization of $68.36 billion, a price-to-earnings ratio of 64.98, a price-to-earnings-growth ratio of 4.10 and a beta of 1.47. Autodesk has a 1 year low of $195.32 and a 1 year high of $326.62. The firm’s fifty day moving average is $287.47 and its 200-day moving average is $255.89.

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

Wall Street Analyst Weigh In

Several research analysts recently issued reports on ADSK shares. Hsbc Global Res raised shares of Autodesk to a “strong-buy” rating in a report on Tuesday, September 3rd. The Goldman Sachs Group raised Autodesk from a “sell” rating to a “neutral” rating and boosted their price objective for the company from $225.00 to $295.00 in a report on Tuesday, September 3rd. Bank of America raised their target price on Autodesk from $260.00 to $285.00 and gave the stock a “neutral” rating in a report on Friday, August 30th. HSBC raised Autodesk from a “hold” rating to a “buy” rating and boosted their price target for the company from $242.00 to $299.00 in a report on Tuesday, September 3rd. Finally, Citigroup raised their price objective on shares of Autodesk from $325.00 to $358.00 and gave the stock a “buy” rating in a research note on Friday. Eight analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $309.43.

Insider Buying and Selling

In other Autodesk news, CAO Stephen W. Hope sold 286 shares of the business’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 sale, the chief accounting officer now owns 4,879 shares of the company’s stock, valued at $1,340,944.36. The trade was a 5.54 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO Steven M. Blum sold 17,344 shares of the firm’s stock in a transaction that occurred on Friday, August 30th. The shares were sold at an average price of $270.00, for a total transaction of $4,682,880.00. Following the completion of the transaction, the chief operating officer now directly owns 17,099 shares of the company’s stock, valued at approximately $4,616,730. The trade was a 50.36 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 19,280 shares of company stock worth $5,232,213. Company insiders own 0.14% of the company’s stock.

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.