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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 ...

Autodesk, Inc. (NASDAQ:ADSK) Citi's 2024 Global TMT Conference September 5, 2024 10:50 AM ET Company Participants Andrew Anagnost - CEO Conference Call Participants Tyler Radke - Citi Tyler Radke Happy Thursday. Welcome to day two of Citi's Tech Conference. I'm Tyler Radke, Head of Software Equity Research. Thanks for joining. And we're really excited to have Andrew Anagnost, the CEO of Autodesk. Andrew, thanks for coming out from the West Coast for our conference. I know you wanted to read an exciting sta ...

Autodesk, Inc. (NASDAQ:ADSK) Citi's 2024 Global TMT Conference September 5, 2024 10:50 AM ET Company Participants Andrew Anagnost - CEO Conference Call Participants Tyler Radke - Citi Tyler Radke Happy Thursday. Welcome to day two of Citi's Tech Conference. I'm Tyler Radke, Head of Software Equity Research. Thanks for joining. And we're really excited to have Andrew Anagnost, the CEO of Autodesk. Andrew, thanks for coming out from the West Coast for our conference. I know you wanted to read an exciting sta ...