Autodesk (NASDAQ:ADSK) Hits New 1-Year Low – Here’s What Happened

Autodesk, Inc. (NASDAQ:ADSK)’s share price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $185.50 and last traded at $187.72, with a volume of 4617841 shares. The stock had previously closed at $193.82.

Autodesk News Summary

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Director John Cahill bought 2,000 shares of Autodesk at $189.20, a sign of insider confidence that investors often view as supportive for the stock. Autodesk (NASDAQ:ADSK) Director John Cahill Acquires 2,000 Shares
• Positive Sentiment: BNP Paribas initiated coverage with an Outperform rating and a $295 price target, adding to Wall Street support for Autodesk. Is Autodesk (ADSK) One of the Best Big Tech Stocks to Buy According to Wall Street Analysts?
• Positive Sentiment: Autodesk committed $350 million over three years to expand free access, AI training, and certifications, which could deepen user adoption and reinforce its long-term ecosystem moat. Is Autodesk’s (ADSK) $350 Million AI Education Push Quietly Reshaping Its Ecosystem Moat?
• Positive Sentiment: The company’s recent earnings beat and solid revenue growth continue to support the broader bullish case, with analysts still expecting meaningful earnings power ahead. Autodesk stock and earnings background
• Neutral Sentiment: Autodesk also raised borrowing capacity through a revolving credit facility, which improves financial flexibility but does not directly change near-term fundamentals. Autodesk (ADSK) Raises Borrowing Capacity Through Revolving Credit Facility Adjustments

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on ADSK shares. Arete Research dropped their price target on Autodesk from $460.00 to $456.00 and set a “buy” rating on the stock in a research report on Thursday, March 26th. Citigroup upped their price objective on Autodesk from $246.00 to $252.00 and gave the stock a “neutral” rating in a research note on Friday, May 29th. Robert W. Baird dropped their target price on Autodesk from $355.00 to $312.00 and set an “outperform” rating on the stock in a research report on Friday, April 17th. Morgan Stanley cut their target price on Autodesk from $350.00 to $315.00 and set an “overweight” rating on the stock in a research note on Tuesday, May 26th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $330.00 price target on shares of Autodesk in a report on Monday, June 1st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, Autodesk has a consensus rating of “Moderate Buy” and an average price target of $326.10.

Autodesk Trading Up 2.0%

The stock has a market capitalization of $40.64 billion, a P/E ratio of 28.08, a price-to-earnings-growth ratio of 1.16 and a beta of 1.29. The business has a 50 day simple moving average of $229.35 and a 200-day simple moving average of $249.08. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.83 and a current ratio of 0.83.

Autodesk (NASDAQ:ADSK) last posted its quarterly earnings data on Thursday, May 28th. The software company reported $2.99 EPS for the quarter, topping analysts’ consensus estimates of $2.84 by $0.15. The company had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.89 billion. Autodesk had a return on equity of 57.14% and a net margin of 19.49%.The company’s quarterly revenue was up 18.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.29 EPS. Autodesk has set its FY 2027 guidance at 12.400-12.650 EPS and its Q2 2027 guidance at 3.100-3.140 EPS. On average, analysts predict that Autodesk, Inc. will post 9.64 EPS for the current year.

Insiders Place Their Bets

In other Autodesk news, Director Stacy J. Smith acquired 3,435 shares of the stock in a transaction dated Friday, May 29th. The shares were bought at an average price of $231.17 per share, with a total value of $794,068.95. Following the purchase, the director directly owned 26,517 shares of the company’s stock, valued at approximately $6,129,934.89. This trade represents a 14.88% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Janesh Moorjani bought 2,500 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The stock was acquired at an average price of $197.67 per share, for a total transaction of $494,175.00. Following the completion of the acquisition, the executive vice president directly owned 50,993 shares in the company, valued at approximately $10,079,786.31. This represents a 5.16% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders have acquired 7,935 shares of company stock worth $1,666,644. 0.14% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Empowered Funds LLC boosted its stake in shares of Autodesk by 127.1% during the 1st quarter. Empowered Funds LLC now owns 38,132 shares of the software company’s stock worth $9,129,000 after acquiring an additional 21,341 shares in the last quarter. Lombard Odier Asset Management Europe Ltd raised its position in shares of Autodesk by 20.6% during the first quarter. Lombard Odier Asset Management Europe Ltd now owns 57,391 shares of the software company’s stock worth $13,739,000 after purchasing an additional 9,794 shares during the period. Parallel Advisors LLC lifted its holdings in shares of Autodesk by 12.6% during the first quarter. Parallel Advisors LLC now owns 3,901 shares of the software company’s stock valued at $934,000 after purchasing an additional 438 shares during the last quarter. NewEdge Advisors LLC boosted its position in shares of Autodesk by 41.4% in the 1st quarter. NewEdge Advisors LLC now owns 41,069 shares of the software company’s stock valued at $9,832,000 after purchasing an additional 12,031 shares during the period. Finally, Glenmede Trust Co. NA increased its stake in Autodesk by 2.9% in the 1st quarter. Glenmede Trust Co. NA now owns 120,637 shares of the software company’s stock worth $28,880,000 after purchasing an additional 3,361 shares in the last quarter. Institutional investors and hedge funds own 90.24% of the company’s stock.

Autodesk Company Profile

Autodesk, Inc (NASDAQ: ADSK) is a software company that develops design and creation tools for the architecture, engineering and construction (AEC), manufacturing, and media and entertainment industries. Headquartered in San Rafael, California, the company was founded in 1982 and is best known for pioneering CAD (computer-aided design) software. Autodesk sells products and services to a global customer base, including architects, engineers, contractors, product designers, and content creators.

The company’s product portfolio includes industry-standard design and modeling applications such as AutoCAD, Revit, Inventor, Fusion 360, Maya and 3ds Max, as well as cloud-based collaboration and project management platforms like BIM 360 and Autodesk Construction Cloud.