Autodesk’s (ADSK) shares have risen 26.4% year to date (YTD), underperforming the broader Zacks Computer and Technology sector’s appreciation of 27.8%.However, ADSK has outperformed the Zacks Computer – Software industry and its peers like Intuit (INTU) , ANSYS (ANSS) and Verint Systems (VRNT) .In the same time frame, INTU shares have gained 4.1%, while Ansys and Verint have declined 5.7% and 13.8%, respectively. The industry has risen 16.3% YTD. The company’s outperformance can be attributed to the strengt ...

Wall Street analysts forecast that Autodesk (ADSK) will report quarterly earnings of $2.11 per share in its upcoming release, pointing to a year-over-year increase of 1.9%. It is anticipated that revenues will amount to $1.56 billion, exhibiting an increase of 10.5% compared to the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Ahead ...

Autodesk (ADSK) closed the most recent trading day at $305.20, moving +1.04% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 0.4%. Elsewhere, the Dow lost 0.28%, while the tech-heavy Nasdaq added 1.04%. Coming into today, shares of the design software company had gained 4.23% in the past month. In that same time, the Computer and Technology sector gained 0.18%, while the S&P 500 gained 0.62%. The upcoming earnings release of Autodesk will be of great i ...

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]

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Considering buying ADSK stock? Here’s what analysts think: Read More: ...

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 ...