The latest trading session saw Autodesk (ADSK) ending at $286.04, denoting a +0.09% adjustment from its last day's close. The stock outpaced the S&P 500's daily loss of 0.03%. On the other hand, the Dow registered a loss of 0.61%, and the technology-centric Nasdaq increased by 0.56%. Coming into today, shares of the design software company had gained 4.54% in the past month. In that same time, the Computer and Technology sector gained 1.65%, while the S&P 500 gained 1.39%. The upcoming earnings release of A ...

Growth Stocks Overview - Growth stocks have performed exceptionally well this year, with major U.S. indexes reaching new all-time highs [1] - Earnings growth is expected to continue, providing further upside potential for stocks [1] - Key characteristics for selecting growth stocks include a robust business model, dominant market share, consistent revenue and earnings growth, free cash flow generation, and a growing total addressable market [1] Autodesk (ADSK) - Autodesk develops design software for architects, engineers, and designers, and offers a platform for data mining and process automation [3] - Revenue grew from $4.4 billion in fiscal 2022 to $5.5 billion in fiscal 2024, with net income nearly doubling from $497 million to $906 million [3] - In the first half of fiscal 2025, revenue increased 11.8% YoY to $2.9 billion, operating income rose 34% to $642 million, and free cash flow reached $651 million [3] - Total billings increased by 13% to $1.2 billion, indicating strong top-line growth [3] - Growth strategies include renewing and expanding the core design business, monetizing non-paying users, adjusting prices for inflation, and expanding into adjacent sectors like water and construction [4][5] - The company aims for annual revenue growth of 10% to 15% [5] The Trade Desk (TTD) - The Trade Desk operates a cloud-based platform for digital advertising, offering the largest connected TV inventory in the industry [6] - Revenue grew from $1.2 billion in 2021 to $1.9 billion in 2023, with net income increasing from $137.8 million to $179 million [6] - Free cash flow rose from $318.5 million in 2021 to $543.3 million in 2023 [6] - In the first half of 2024, revenue increased 27% YoY to $1.1 billion, operating income surged sixfold to $123.4 million, and net income more than doubled to $116.7 million [7] - Free cash flow for the half year stood at $233 million, and customer retention rates exceeded 95% [7] - Growth opportunities include the connected TV space, international markets, and the retail sector, with a total addressable market estimated at $900 billion [7][8] Blackline (BL) - Blackline provides a cloud platform for financial closing and accounting, leveraging AI to streamline operations [9] - Revenue grew from $425.7 million in 2021 to $590 million in 2023, with net income turning positive at $52.8 million in 2023 [9] - Free cash flow improved from $56.8 million in 2021 to $99 million in 2023 [9] - In the first half of 2024, revenue increased 12.1% YoY to $318 million, operating income surged 51.7% to $4 million, and net income excluding exceptional items rose 19% to $22.4 million [10] - Free cash flow more than doubled YoY to $78.1 million, and customer count grew at an annualized rate of 9% from 2020 to 2023 [10] - Growth strategies include a "land and expand" approach, targeting enterprise and mid-market segments, and leveraging a total addressable market worth $39 billion [11]

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In the latest market close, Autodesk (ADSK) reached $281.67, with a +1.43% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.61%. Meanwhile, the Dow experienced a rise of 0.97%, and the technology-dominated Nasdaq saw an increase of 0.33%. Prior to today's trading, shares of the design software company had gained 7.03% over the past month. This has lagged the Computer and Technology sector's gain of 8.6% and outpaced the S&P 500's gain of 5.36% in ...

Core Viewpoint - Autodesk is recognized as a leading technology company providing digital solutions for architecture, engineering, and construction (AEC), with a strong focus on software products and a recent endorsement from Morgan Stanley as a top investment pick [1][3]. Group 1: Company Overview - Autodesk primarily develops software for AEC, with 47% of total revenue coming from AEC-specific software products last quarter [3]. - The AutoCAD brand, widely used across various industries, contributed 26% to total revenue last quarter [3]. - The company generates nearly all its revenue from subscriptions, with 63% of sales in fiscal 2024 coming from distributors and resellers [4]. Group 2: Financial Performance - Autodesk has demonstrated solid revenue growth of 10% to 12% over recent quarters, with the "make" division experiencing a 25% revenue increase last quarter, up from 15% a year ago [6]. - The adjusted operating margin has improved by 300 basis points since fiscal 2023, with a target margin of 38% to 40% [7]. - Morgan Stanley projects that the GAAP operating margin could expand by up to 800 basis points by 2028, indicating significant room for margin improvement [8]. Group 3: Strategic Initiatives - The company aims to transition to more direct sales to enhance customer data access, pricing control, and revenue growth [4]. - Autodesk plans to increase the adoption of its technology across the entire lifecycle of physical projects, focusing on expanding its "make" business alongside its established design software [5][9]. - The strategy to become an end-to-end solution provider could allow Autodesk to sell design and make products together, further enhancing margins [9].

In the latest market close, Autodesk (ADSK) reached $271.16, with a +0.96% movement compared to the previous day. The stock's change was more than the S&P 500's daily gain of 0.9%. On the other hand, the Dow registered a gain of 0.81%, and the technology-centric Nasdaq increased by 1.22%.Prior to today's trading, shares of the design software company had gained 6.68% over the past month. This has outpaced the Computer and Technology sector's gain of 5.76% and the S&P 500's gain of 3.15% in that time.The inv ...

In the latest market close, Autodesk (ADSK) reached $271.90, with a -0.53% movement compared to the previous day. This move lagged the S&P 500's daily loss of 0.13%. Elsewhere, the Dow gained 0.33%, while the tech-heavy Nasdaq lost 0.39%.Shares of the design software company have appreciated by 5.86% over the course of the past month, outperforming the Computer and Technology sector's gain of 2.7% and the S&P 500's gain of 2.43%.Analysts and investors alike will be keeping a close eye on the performance of ...

Autodesk is one of the most established and largest providers of drafting, construction, and designmanufacturing software. Its products serve the construction, building product, automotive, transportation, industrial machinery, and consumer product industries. The company also provides video production software for the media/entertainment sectors. The products enable I strive to unearth less obvious, overlooked, or under-appreciated but intriguing and potentially profitable datadriven insights into companie ...

Autodesk, Inc. (NASDAQ:ADSK) Goldman Sachs Communacopia + Technology Conference September 11, 2024 1:10 PM ET Company Participants Simon Mays-Smith - VP, Investor Relations Raji Arasu - Executive Vice President and Chief Technology Officer Unidentified Company Representative The exciting announcement. Simon Mays-Smith I have got two. So one is I have to read you a safe harbor statement, apologies for that. So we may make forward-looking statements during the course of this presentation. Please refer to our ...

Autodesk, Inc. (NASDAQ:ADSK) Goldman Sachs Communacopia + Technology Conference September 11, 2024 1:10 PM ET Company Participants Simon Mays-Smith - VP, Investor Relations Raji Arasu - Executive Vice President and Chief Technology Officer Unidentified Company Representative The exciting announcement. Simon Mays-Smith I have got two. So one is I have to read you a safe harbor statement, apologies for that. So we may make forward-looking statements during the course of this presentation. Please refer to our ...