Core Insights - Autodesk reported a third quarter revenue growth of 18% year-over-year, reaching $1.85 billion, with a constant currency growth also at 18% [1][3] - The company is focusing on defining the AI revolution in design and manufacturing, enhancing customer workflows through automation, and optimizing its sales and marketing strategies [2][3] - Autodesk raised its full-year guidance due to strong business momentum, particularly in the AECO (Architecture, Engineering, Construction, and Operations) sector [2] Financial Performance - Billings for Q3 FY26 were $1.855 billion, reflecting a 21% year-over-year increase [3] - GAAP operating margin improved to 25%, up 3 percentage points from the previous year, while non-GAAP operating margin was 38%, up 1 percentage point [3] - GAAP EPS was reported at $1.60, an increase of $0.33 year-over-year, and non-GAAP EPS was $2.67, up by $0.50 [3] Revenue Breakdown - Total net revenue was $1.853 billion, with the design segment contributing $1.537 billion (19% growth), the make segment at $205 million (20% growth), and other revenues at $111 million (7% growth) [4] - Geographic revenue distribution showed the Americas at $820 million (16% growth), EMEA at $715 million (23% growth), and APAC at $318 million (12% growth) [6] Product Family Performance - The AECO product family generated $921 million in revenue, marking a 23% increase year-over-year [8] - AutoCAD and AutoCAD LT contributed $458 million, with a 15% growth, while the manufacturing segment generated $355 million, reflecting a 16% increase [8] Future Outlook - For Q4 FY26, Autodesk projects revenue between $1.901 billion and $1.917 billion, with GAAP EPS expected to be between $1.40 and $1.57 [11] - Full-year FY26 guidance estimates billings between $7.465 billion and $7.525 billion, with total revenue projected between $7.150 billion and $7.165 billion [12][14]

Core Viewpoint - Autodesk, Inc. is a significant player in the 3D design, engineering, and entertainment software industry, with a diverse product range and strong market presence [1] Price Target Analysis - The consensus price target for Autodesk has slightly decreased from $372.21 to $367, indicating a modest reduction in analysts' expectations [2][6] - Over the past year, the average price target increased from $352.62 to $367, reflecting generally positive sentiment among analysts [3] Performance and Challenges - Autodesk's strong performance in the Architecture, Engineering, Construction, and Operations (AECO) segment and gains in recurring revenue contribute to a positive outlook [3] - The company faces challenges such as foreign exchange pressures and the implementation of a new transaction model, which could impact performance [4] Strategic Initiatives - The successful shift in Autodesk's transaction model and rapid adoption of artificial intelligence are seen as strengths, contributing to a buy rating and a $300 price target by KeyBanc [4] - Investors should monitor the upcoming earnings report on November 25, 2025, as it could influence stock movements and analysts' price targets [5][6] Market Capitalization - Autodesk has a market capitalization of $62 billion, which is a key factor to watch for potential future changes in analysts' expectations [5]

Core Insights - Autodesk (NASDAQ: ADSK) is set to announce its earnings on November 25, 2025, with a current market capitalization of $62 billion [2] - The company reported revenue of $6.6 billion over the past twelve months, achieving operational profitability with $1.5 billion in operating profits and a net income of $1.0 billion [2] - The stock's reaction post-earnings will depend on the alignment of results and predictions with investor expectations, suggesting the importance of analyzing past performance for event-driven trading [2] Historical Performance - Over the past five years, Autodesk has recorded 19 earnings data points, resulting in 10 positive and 9 negative one-day (1D) returns, indicating a 53% chance of positive returns [7] - This percentage increases to 64% when considering data from the last three years [7] - The median of the 10 positive returns is 1.4%, while the median of the 9 negative returns is -6.9% [7] Trading Strategies - Investors can prepare for earnings announcements by understanding historical probabilities and positioning themselves accordingly [3] - Analyzing the correlation between short-term (1D) and medium-term (5D) returns can inform trading strategies, particularly if a strong correlation is identified [5][6]

Core Insights - Investors will have a break next week due to the market closure on November 27 for Thanksgiving, allowing time for assessment and reflection after a challenging week for Wall Street [2] - Despite the end of the U.S. government shutdown, some key economic reports are still being canceled due to insufficient survey data, impacting market expectations [3] Earnings Reports - Several companies are scheduled to report earnings next week, including Alibaba Group (BABA), Dell (DELL), Deere & Company (DE), Analog Devices (ADI), Best Buy (BBY), HP (HPQ), and DICK'S Sporting Goods (DKS) [4] - Specific earnings highlights include: - Monday: Agilent Technologies (A), Zoom Communications (ZM), Symbotic (SYM) [5] - Tuesday: Alibaba, Analog Devices (ADI), Dell Technologies, Best Buy (BBY), Autodesk (ADSK), Workday (WDAY), Zscaler (ZS), HP (HPQ), DICK'S Sporting Goods, J.M. Smucker (SJM), and NIO (NIO) [5] - Wednesday: Deere, Li Auto (LI) [5] - Thursday: Intuitive Machines (LUNR) [6] - Friday: Frontline Plc (FRO), Buckle, Inc. (BKE) [6]

Core Insights - Autodesk (ADSK) is set to release its third-quarter fiscal 2026 results on November 25, with expected revenues between $1.80 billion and $1.81 billion, reflecting a year-over-year growth of 14.95% [1] - The Zacks Consensus Estimate for earnings per share (EPS) is $2.49, indicating a year-over-year growth of 14.75% [2] Revenue and Earnings Expectations - Autodesk anticipates third-quarter fiscal 2026 revenues of $1.80-$1.81 billion, with diluted non-GAAP EPS expected to be between $2.48 and $2.51 [7] - The AECO segment is a key growth driver, with revenues having grown 23.1% year-over-year in the previous quarter, indicating strong customer activity [3] Business Performance Factors - The company’s expanding subscription and recurring revenue base, along with strong billings momentum, is expected to positively impact third-quarter performance [4] - Autodesk has shown robust cash generation and effective cost management, leading to increased free cash flow and stronger margin leverage [5] Challenges and Headwinds - Autodesk faces potential headwinds from significant exposure to international markets, with currency volatility likely impacting reported results [6] - The transition to a new transaction model may pressure margins due to added costs and temporary inefficiencies [7][8]

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about Autodesk (ADSK) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Autodesk currently has an average brokerage recommendation (ABR ...

Core Insights - Autodesk (ADSK) is expected to report quarterly earnings of $2.49 per share, reflecting a year-over-year increase of 14.8% [1] - Projected revenues for Autodesk are anticipated to be $1.8 billion, which represents a 15% increase from the same quarter last year [1] - The consensus EPS estimate has remained unchanged over the past 30 days, indicating analysts' reassessment of their projections [1] Revenue Estimates - Analysts project 'Net Revenue- Maintenance' to be $8.95 million, indicating a decrease of 0.6% year-over-year [4] - 'Net Revenue- Other' is expected to reach $103.57 million, reflecting a decline of 0.4% from the prior year [4] - 'Net Revenue- Subscription' is forecasted at $1.69 billion, showing an increase of 16.2% year-over-year [4] - Total subscription and maintenance revenue is estimated to be $1.70 billion, marking a 16.1% increase from the previous year [5] Product Family Revenue Projections - 'Net Revenue by Product Family- M&E (Media and Entertainment)' is expected to be $102.45 million, indicating a year-over-year increase of 23.4% [5] - 'Net Revenue by Product Family- Other' is projected at $40.60 million, reflecting a significant increase of 31% year-over-year [6] - 'Net Revenue by Product Family- AECO (Architecture, Engineering, Construction and Operations)' is anticipated to reach $877.99 million, showing a 16.9% increase [6] - 'Net Revenue by Product Family- MFG (Manufacturing)' is estimated at $348.82 million, indicating a 13.6% increase from the prior year [7] - 'Net Revenue by Product Family- AutoCAD and AutoCAD LT' is expected to be $425.22 million, reflecting a 6.8% increase year-over-year [7] Billings and Market Performance - Analysts estimate that 'Billings' will reach $1.84 billion, compared to $1.54 billion reported in the same quarter last year [8] - Autodesk shares have decreased by 5.5% over the past month, contrasting with the Zacks S&P 500 composite's decline of 0.3% [8] - Autodesk holds a Zacks Rank 3 (Hold), suggesting it is expected to closely follow overall market performance in the near term [8]

Company Overview - Autodesk, Inc. (ADSK) has a market cap of $63.8 billion and specializes in design, engineering, and digital content creation tools, serving various industries including architecture, construction, manufacturing, product design, and media/entertainment [1] Stock Performance - Over the past 52 weeks, ADSK stock has increased by 2.4%, underperforming the S&P 500 Index, which rose by 13.2% [2] - Year-to-date, ADSK shares are up 1.3%, lagging behind the S&P 500's 14.5% gain [2] - The stock has also underperformed compared to the Technology Select Sector SPDR Fund (XLK), which returned 22.9% over the same period [3] Investor Sentiment and Challenges - Concerns around profitability, capital efficiency, and strategic uncertainty have contributed to Autodesk's stock lagging behind the market [4] - The company has faced margin pressure, slower-than-expected Annual Recurring Revenue (ARR) growth, and high customer acquisition costs, raising questions about its operating efficiency [4] - Activist pressure from Starboard Value has also impacted investor sentiment, challenging Autodesk's spending discipline and governance [4] Earnings Expectations - For the fiscal year ending in January 2026, analysts expect Autodesk's EPS to grow by 17.8% year-over-year to $6.90 [5] - The company's earnings surprise history is mixed, with three beats and one miss in the last four quarters [5] Analyst Ratings - Among 26 analysts covering Autodesk, the consensus rating is a "Strong Buy," with 18 "Strong Buy" ratings, one "Moderate Buy," and seven "Holds" [5] - The current configuration shows a decrease in "Strong Buy" ratings from 19 two months ago [6] - RBC Capital analyst Matthew Hedberg reaffirmed a "Buy" rating on Autodesk, with a mean price target of $365.36, indicating a 17.7% premium to current price levels, and a Street-high price target of $393 suggesting a 30.3% potential upside [6]

Autodesk's ( ADSK ) stock has performed poorly in recent years, which is largely due to the multiple expansion that occurred between 2016 and 2021. While growth is currently being boosted by a shift to direct billings, Autodesk's businessRichard Durant is the leader of Narweena, an asset manager focused on finding market dislocations that are the result of a poor understanding of a businesses long-term prospects. Narweena believes that excess risk adjusted returns can be achieved by identifying businesses w ...

Autodesk's ( ADSK ) stock has performed poorly in recent years, which is largely due to the multiple expansion that occurred between 2016 and 2021. While growth is currently being boosted by a shift to direct billings, Autodesk's businessRichard Durant is the leader of Narweena, an asset manager focused on finding market dislocations that are the result of a poor understanding of a businesses long-term prospects. Narweena believes that excess risk adjusted returns can be achieved by identifying businesses w ...