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Stacy J Smith, Director, on May 29, 2026, executed a purchase for 3,435 shares in Autodesk (ADSK) for $794,054. Following the Form 4 filing with the SEC, Smith has control over a total of 26,517 common shares of the company, with 26,517 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/769397/000076939726000046/xslF345X05/wk-form4_1780097667.xml
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We raise our target to $379 from $339, based on 27x our FY 28 EPS estimate, with our multiple representing a discount to three- and five-year historical averages of 28-31x, reflecting elevated AI competitive risks despite ADSK's strong defensive positioning. We maintain our FY 27 EPS estimate of $12.55, incorporating the Q1 beat but adjusting FY 28 downward to $14.05 from $14.40 for expected margin compression from MaintainX dilution. The company is executing well across all dimensions, with Q1 revenue up 18% Y/Y driven by AECO strength (+20%) and AutoCAD growth (+15%), while billings growth of 18% Y/Y signals solid forward momentum. We view near-term margin pressure from the acquisition as short-term pain for long-term gain, with MaintainX growing 50%+ and closing the design-make-operate loop with operational data that enhances AI capabilities. Cash generation remains robust, with Q1 operating cash flow of $893M (+58% Y/Y) and free cash flow of $876M (+58% Y/Y) demonstrating the underlying business health.
All three major US stock indexes were up in late-morning trading Friday, as President Donald Trump said on Truth Social that he will soon make a final determination regarding the proposed memorandum of understanding between the US and Iran.In company news, Dell Technologies (DELL) reported fiscal Q1 non-GAAP net income late Thursday of $4.86 per diluted share, up from $1.55 a year earlier and above the FactSet consensus analyst estimate of $2.96. Fiscal Q1 revenue was $43.84 billion, up from $23.38 billion a year ago and above the FactSet consensus of $35.74 billion. For fiscal Q2, the company said it expects non-GAAP EPS of $4.80 at the midpoint and revenue of $44 billion to $45 billion. Analysts polled by FactSet expect $2.99 and $35.10 billion, respectively. For fiscal 2027, Dell said it expects non-GAAP EPS of $17.90 at the midpoint on revenue of $165 billion to $169 billion. Analysts polled by FactSet expect $13.12 and $143.19 billion, respectively. Dell shares were up 29.4% around midday.Autodesk (ADSK) reported fiscal Q1 adjusted earnings late Thursday of $2.99 per diluted share, up from $2.29 a year earlier and above the FactSet consensus of $2.84. Fiscal Q1 revenue was $1.93 billion, up from $1.63 billion a year ago and above the FactSet consensus of $1.89 billion. For fiscal Q2, the company said it expects adjusted EPS of $3.10 to $3.14 on revenue of $2.00 billion to $2.02 billion. Analysts polled by FactSet expect $3.04 and $1.99 billion, respectively. For fiscal 2027, Autodesk said it expects adjusted EPS of $12.40 to $12.65 on revenue of $8.16 billion to $8.22 billion. Analysts expect $12.42 and $815 billion, respectively. Additionally, the company said late Thursday it has agreed to acquire MaintainX, a modern maintenance and operations business, in an all-cash deal valued at about $3.6 billion. Autodesk shares were down 4%.Amazon (AMZN) founder Jeff Bezos said Thursday on X that all personnel are safe and accounted for after his Blue Origin company's New Glenn rocket exploded Thursday night during a hot-fire test at a Space Force facility in Cape Canaveral, Florida. Amazon shares were down 0.5%.MongoDB (MDB) reported fiscal Q1 adjusted earnings late Thursday of $1.32 per diluted share, up from $1.00 a year earlier and above the FactSet consensus of $1.19. Fiscal Q1 revenue was $687.6 million, up from $549.0 million a year ago and above the FactSet consensus of $664.5 million. For fiscal Q2, the company said it expects adjusted EPS of $1.58 to $1.61 on revenue of $729 million to $734 million. Analysts polled by FactSet expect $1.29 and $700.5 million, respectively. For fiscal 2027, the company said it expects adjusted EPS of $5.95 to $6.14, up from its previous guidance of $5.75 to $5.93 and above the FactSet consensus of $5.92. Fiscal 2027 revenue is expected to be between $2.92 billion and $2.96 billion, above its previous guidance and the FactSet consensus of $2.90 billion. MongoDB shares were down 5.8%.Activist hedge fund Toms Capital Investment Management has built a significant stake in McCormick (MKC) as the US food company works on its planned acquisition of Unilever's (UL) food business, Reuters reported Friday, citing sources familiar with the matter. The size of the stake, which Toms acquired in Q2, and what Toms intends to do with it, could not be determined, Reuters reported. McCormick shares were up 1.2%, while Unilever shares were down 0.4%.Price: $411.54, Change: $+94.49, Percent Change: +29.80%
Autodesk (ADSK) posted a strong fiscal Q1 beat-and-raise quarter, but the company's $3.6 billion acquisition of MaintainX raises investor questions regarding organic growth and margins, RBC Capital Markets said in a note Friday.RBC said that while the acquisition price seems "somewhat steep" initially, it seems "more reasonable looking forward a few years at elevated growth and as the foundation for operational expansion."Also, Autodesk expressed confidence in being able to absorb margin dilution within previous margin outlooks, which is encouraging, the note said.Meanwhile, the acquisition will likely further allow Autodesk to "make a valid case for why it should be well positioned to help define the next generation of industrial AI," the investment firm said.RBC kept Autodesk's outperform rating and decreased the company's price target to $305 from $335.Price: $231.62, Change: $-9.33, Percent Change: -3.87%
US equity futures edged higher pre-bell Friday as traders monitored developments on the peace negotiations between US and Iran, with the two countries reportedly agreeing on a memorandum of understanding to extend the ceasefire by 60 days.Dow Jones Industrial Average futures were 0.3% higher, S&P 500 futures were up 0.1%, and Nasdaq futures were flat.The memorandum still has to be approved by President Donald Trump, and Iran has not yet given a response to the latest version. Vice President JD Vance said the talks are making progress but still ongoing, while Treasury Secretary Scott Bessent confirmed that the negotiation teams have been "going back and forth."Iran reportedly fired missiles at unidentified targets on Thursday while the Pentagon said Iran had launched a ballistic missile towards Kuwait and deployed attack drones in the Strait of Hormuz.Traders also digested the latest round of earnings, with Costco Wholesale (COST) posting higher fiscal Q3 earnings and revenue late Thursday.Oil prices were lower, with front-month global benchmark North Sea Brent crude down 1.7% at $91.14 per barrel and US West Texas Intermediate crude 1.5% lower at $87.58 per barrel.The US advance international trade in goods deficit narrowed to $82.40 billion in April from $85.27 billion in March, according to data released by the US Census Bureau.The Chicago purchasing managers index for May, due at 9:45 am ET, is seen coming in at 50.3, up from its prior value of 49.2.Federal Reserve Vice Chair Michelle Bowman, Philadelphia Fed President Anna Paulson, and San Francisco Fed President Mary Daly are slated to speak on Friday.In other world markets, Japan's Nikkei closed 2.5% higher, Hong Kong's Hang Seng ended 0.7% higher, and China's Shanghai Composite finished 0.7% lower. Meanwhile, the UK's FTSE 100 was up 0.2%, and Germany's DAX index was flat in Europe's early afternoon session.In equities, Dell Technologies (DELL) shares were up 33% after the company reported higher fiscal Q1 non-GAAP net income and revenue that surpassed analysts' consensus. IBM (IBM) stock was 4.4% higher after the company said in a filing that it plans to invest more than $10 billion over the next five years to support quantum computing development. CoreWeave (CRWV) shares rose 1.4% after the company said it launched new agentic artificial intelligence capabilities designed to connect AI model training and inference in a continuous feedback loop to improve performance over time.On the losing side, Autodesk (ADSK) shares were down 6.6% after multiple analyst price target cuts, including those by RBC and BMO Capital. JD.com (JD) stock was 1.1% lower after the European Commission said it launched an in-depth investigation over the company's proposed acquisition of Ceconomy due to concerns that foreign subsidies may have distorted the deal process.
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.
Autodesk (ADSK) will likely post solid Q1 results with a modest upside versus consensus estimates and a raised outlook, Morgan Stanley said in a note Tuesday. The results are due May 28."Stable reseller checks support a solid Q1 with modest upside to Street forecasts," the report said.The note said a stable demand backdrop, margin expansion driving free cash flow growth, and its defensible vertical software positioning amid AI-related multiple compression should support a re-rating of the stock from current discounted levels."With a differentiated competitive moat, sticky platform across multiple areas, and limited AI-narrative overhang, we remain Overweight," the report said.Still, Morgan Stanley cut its price target to $315 from $350, citing recent market volatility across software universe.Price: $238.52, Change: $-2.47, Percent Change: -1.02%
Autodesk (ADSK) has an average rating of buy and mean price target of $329.55, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Autodesk (ADSK) is poised to benefit from AI-driven tailwinds and deliver durable high-teens to low 20% earnings growth, supported by high-single-digit to low-double-digit revenue growth and consistent mid- to long-term margin expansion, Oppenheimer said Tuesday in a note.While Autodesk is not immune to macro conditions, including the Middle East conflict, where the region accounts for a mid-single-digit percentage of revenue, its diversified geographic and customer base provides resilience.The firm added that if macro risks intensify, it sees potential for management to de-risk the full-year outlook, similar to its 2026 guidance following tariffs. Partner checks indicate no meaningful impact on renewal or sales activity from the conflict.Oppenheimer said Autodesk benefits from proprietary data, end-market context, intellectual property protections, and data permissions, which make its position difficult for AI startups to replicate, while also highlighting AI as a broader tailwind across the AEC technology stack.The firm also pointed to changes in sales incentives and a greater focus on net new business, particularly Construction Cloud, as part of an evolving go-to-market strategy.It further highlighted expansion into operations as a significant long-term opportunity, with a larger addressable market that extends Autodesk's monetization window and could be supported by future acquisitions, according to the note.Oppenheimer has an outperform rating with a $325 price target.Price: $248.28, Change: $+2.97, Percent Change: +1.21%
Autodesk (ADSK) has an average rating of Buy and mean price target of $329.28, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $245.87, Change: $+2.71, Percent Change: +1.11%
Autodesk (ADSK) has an average rating of buy and mean price target of $330.76, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Globant (GLOB) expanded its 15-year partnership with Autodesk (ADSK) and was named an Autodesk Tandem Digital Twin Solution Provider.The collaboration aims to quicken digital twin implementation across airports, smart buildings, manufacturing facilities and logistics environments worldwide, Globant said Monday in a statement.Globant shares rose 5.8% in Monday trading, and Autodesk gained 3.3%.Price: $45.77, Change: $+2.51, Percent Change: +5.80%
Autodesk (ADSK) shares fell 4.5% in Friday trading after Citigroup downgraded the stock to neutral from buy and adjusted its price target to $246 per share from $331.Trading volume stood at over 1.4 million shares compared with a daily average of nearly 2.3 million.Price: $214.91, Change: $-10.22, Percent Change: -4.54%