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Research Alert: Adsk Beats Consensus; Announces Acquisition Advancing Its Platform

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CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:

ADSK delivered strong Q1 FY27 results with revenue of $1.934B (+18% Y/Y), ahead of consensus $1.892B, driven by robust growth across AECO (+20% to $970M), Manufacturing (+19% to $367M), and AutoCAD (+15% to $474M). Non-GAAP EPS of $2.99 (+31% Y/Y) exceeded consensus $2.84, while non-GAAP operating margin expanded 200 bps Y/Y to 39%. We believe the strong cash generation of $876M free cash flow (+58% Y/Y) and margin expansion demonstrate the company's operational leverage as it scales. Management raised FY27 guidance with revenue now expected at $8.155-$8.215B (midpoint $8.185B) vs consensus $8.149B and non-GAAP EPS of $12.40-$12.65 vs consensus $12.42. The company announced a $3.6B acquisition of MaintainX to advance its unified platform strategy, which we see as complementing ADSK's AI capabilities. In our view, management's emphasis on having data, context, and expertise "at scale" reinforces the company's differentiated position in industrial AI applications.

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