Autodesk (NASDAQ:ADSK) Issues FY 2025 Earnings Guidance

Autodesk (NASDAQ:ADSK) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 8.180-8.310 for the period, compared to the consensus EPS estimate of 8.120. The company issued revenue guidance of $6.1 billion-$6.1 billion, compared to the consensus revenue estimate of $6.1 billion. Autodesk also updated its FY25 guidance to $8.18-8.31 EPS.

Autodesk Stock Up 2.1 %

ADSK traded up $5.49 during midday trading on Friday, hitting $263.72. 1,357,394 shares of the company’s stock traded hands, compared to its average volume of 1,641,530. The company has a market cap of $56.83 billion, a PE ratio of 57.08, a price-to-earnings-growth ratio of 3.23 and a beta of 1.48. The stock’s fifty day simple moving average is $245.35 and its 200-day simple moving average is $239.27. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.69 and a quick ratio of 0.69. Autodesk has a one year low of $192.01 and a one year high of $279.53.

Autodesk (NASDAQ:ADSK) last issued its quarterly earnings data on Thursday, August 29th. The software company reported $2.15 earnings per share for the quarter, beating the consensus estimate of $2.00 by $0.15. The firm had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.48 billion. Autodesk had a net margin of 17.66% and a return on equity of 65.46%. The company’s revenue for the quarter was up 11.9% on a year-over-year basis. During the same quarter last year, the firm earned $1.12 earnings per share. As a group, equities analysts anticipate that Autodesk will post 5.55 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on ADSK shares. Stifel Nicolaus lifted their price target on shares of Autodesk from $290.00 to $320.00 and gave the company a buy rating in a research report on Friday. BMO Capital Markets lifted their price target on shares of Autodesk from $254.00 to $287.00 and gave the company a market perform rating in a research report on Friday. Mizuho lifted their price target on shares of Autodesk from $230.00 to $260.00 and gave the company a neutral rating in a research report on Friday. Royal Bank of Canada lifted their price target on shares of Autodesk from $290.00 to $313.00 and gave the company an outperform rating in a research report on Friday. Finally, Citigroup lifted their price target on shares of Autodesk from $295.00 to $316.00 and gave the company a buy rating in a research report on Monday. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of Moderate Buy and a consensus target price of $281.44.

Insiders Place Their Bets

In other Autodesk news, COO Steven M. Blum sold 17,413 shares of Autodesk stock in a transaction on Friday, June 14th. The stock was sold at an average price of $226.40, for a total transaction of $3,942,303.20. Following the completion of the transaction, the chief operating officer now directly owns 54,136 shares of the company’s stock, valued at $12,256,390.40. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other Autodesk news, COO Steven M. Blum sold 17,413 shares of Autodesk stock in a transaction on Friday, June 14th. The stock was sold at an average price of $226.40, for a total transaction of $3,942,303.20. Following the completion of the transaction, the chief operating officer now directly owns 54,136 shares of the company’s stock, valued at $12,256,390.40. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Mary T. Mcdowell sold 550 shares of Autodesk stock in a transaction on Monday, June 17th. The shares were sold at an average price of $235.00, for a total value of $129,250.00. Following the transaction, the director now directly owns 31,566 shares of the company’s stock, valued at $7,418,010. The disclosure for this sale can be found here. Insiders have sold 39,931 shares of company stock worth $9,537,781 over the last 90 days. Corporate insiders own 0.14% of the company’s stock.

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.