Q3 Earnings Estimate for Autodesk Issued By DA Davidson

Autodesk, Inc. (NASDAQ:ADSK) – Equities researchers at DA Davidson issued their Q3 2026 earnings per share (EPS) estimates for shares of Autodesk in a report released on Friday, August 29th. DA Davidson analyst C. Wright expects that the software company will post earnings per share of $1.79 for the quarter. DA Davidson has a “Buy” rating and a $375.00 price target on the stock. The consensus estimate for Autodesk’s current full-year earnings is $5.76 per share.

Other equities research analysts have also issued research reports about the company. KeyCorp upped their target price on Autodesk from $350.00 to $365.00 and gave the company an “overweight” rating in a research report on Friday. BMO Capital Markets lifted their price objective on shares of Autodesk from $324.00 to $333.00 and gave the company a “market perform” rating in a research note on Friday, May 23rd. Bank of America increased their price objective on shares of Autodesk from $330.00 to $360.00 and gave the stock a “neutral” rating in a research note on Friday. Oppenheimer raised their target price on shares of Autodesk from $350.00 to $375.00 and gave the stock an “outperform” rating in a report on Friday. Finally, Robert W. Baird upped their price target on shares of Autodesk from $345.00 to $363.00 and gave the company an “outperform” rating in a report on Friday. Seventeen equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $355.43.

Autodesk Stock Up 9.1%

Autodesk stock opened at $314.70 on Monday. Autodesk has a fifty-two week low of $232.67 and a fifty-two week high of $326.62. The company has a market cap of $67.35 billion, a PE ratio of 65.16, a PEG ratio of 3.03 and a beta of 1.49. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.65 and a current ratio of 0.76. The business’s 50-day simple moving average is $297.93 and its two-hundred day simple moving average is $284.66.

Insider Buying and Selling at Autodesk

In related news, EVP Rebecca Pearce sold 6,129 shares of Autodesk stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $323.06, for a total value of $1,980,034.74. Following the completion of the transaction, the executive vice president owned 13,311 shares in the company, valued at $4,300,251.66. The trade was a 31.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ayanna Howard sold 3,159 shares of the company’s stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $325.00, for a total value of $1,026,675.00. Following the completion of the transaction, the director directly owned 4,393 shares of the company’s stock, valued at $1,427,725. The trade was a 41.83% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 18,679 shares of company stock worth $5,916,595. 0.15% of the stock is owned by company insiders.

Institutional Trading of Autodesk

Institutional investors and hedge funds have recently made changes to their positions in the business. Spire Wealth Management grew its stake in Autodesk by 2.5% in the 1st quarter. Spire Wealth Management now owns 2,075 shares of the software company’s stock valued at $543,000 after acquiring an additional 50 shares during the period. Sowell Financial Services LLC purchased a new position in Autodesk during the first quarter valued at $324,000. Cambridge Investment Research Advisors Inc. grew its position in shares of Autodesk by 1.7% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 13,617 shares of the software company’s stock valued at $3,565,000 after purchasing an additional 229 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of Autodesk by 27.4% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 42,826 shares of the software company’s stock worth $11,212,000 after purchasing an additional 9,222 shares in the last quarter. Finally, GAMMA Investing LLC increased its stake in shares of Autodesk by 5.4% during the first quarter. GAMMA Investing LLC now owns 5,617 shares of the software company’s stock worth $1,471,000 after purchasing an additional 290 shares in the last quarter. 90.24% of the stock is currently owned by hedge funds and other institutional investors.

About Autodesk

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.