FY2025 Earnings Forecast for Autodesk Issued By Scotiabank

Autodesk, Inc. (NASDAQ:ADSK) – Scotiabank issued their FY2025 earnings per share (EPS) estimates for Autodesk in a research report issued to clients and investors on Wednesday, January 8th. Scotiabank analyst A. Verkhovski expects that the software company will earn $5.75 per share for the year. Scotiabank 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 announced its quarterly earnings data 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. The company had revenue of $1.57 billion during the quarter, compared to analyst estimates of $1.56 billion. Autodesk had a net margin of 18.30% and a return on equity of 53.87%. The firm’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same period in the previous year, the business earned $1.33 EPS.

ADSK has been the topic of several other research reports. Rosenblatt Securities increased their price objective on shares of Autodesk from $295.00 to $325.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. DA Davidson started coverage on shares of Autodesk in a research note on Friday, September 27th. They set a “neutral” rating and a $260.00 price target on the stock. Barclays upped their price objective on Autodesk from $310.00 to $355.00 and gave the stock an “overweight” rating in a research note on Friday, November 15th. Stifel Nicolaus lifted their target price on Autodesk from $340.00 to $360.00 and gave the company a “buy” rating in a research report on Wednesday, December 18th. Finally, Mizuho upped their price target on Autodesk from $260.00 to $280.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 27th. Nine research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $326.05.

Autodesk Stock Down 3.8 %

Shares of Autodesk stock opened at $284.96 on Monday. Autodesk has a twelve month low of $195.32 and a twelve month high of $326.62. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.76. The company’s 50 day moving average is $301.41 and its 200 day moving average is $274.29. The company has a market cap of $61.27 billion, a price-to-earnings ratio of 56.54, a price-to-earnings-growth ratio of 3.62 and a beta of 1.42.

Institutional Trading of Autodesk

A number of hedge funds have recently bought and sold shares of ADSK. Starboard Value LP purchased a new position in shares of Autodesk in the 3rd quarter worth approximately $510,189,000. Point72 Asset Management L.P. grew its holdings in Autodesk by 366.5% in the second quarter. Point72 Asset Management L.P. now owns 843,040 shares of the software company’s stock worth $208,610,000 after purchasing an additional 662,339 shares during the last quarter. International Assets Investment Management LLC increased its position in shares of Autodesk by 58,375.5% during 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 purchasing an additional 566,826 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in shares of Autodesk by 394.9% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 567,360 shares of the software company’s stock valued at $156,296,000 after purchasing an additional 452,728 shares during the last quarter. Finally, Marshall Wace LLP grew its stake in Autodesk by 818.3% during the 2nd quarter. Marshall Wace LLP now owns 458,337 shares of the software company’s stock worth $113,415,000 after buying an additional 408,424 shares during the last quarter. Hedge funds and other institutional investors own 90.24% of the company’s stock.

Insider Buying and Selling

In other news, Director Mary T. Mcdowell sold 550 shares of the stock in a transaction 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 transaction, the director now owns 30,249 shares of the company’s stock, valued at approximately $9,227,759.94. This represents a 1.79 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.14% of the stock is currently owned by 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.