Autodesk Inc. ($ADSK) Stock Forecast: Down 8.6% Today

What is Autodesk Inc.?

Autodesk Inc. (ADSK) Market Autodesk Inc. (ADSK) is a software company offering design software solutions for industries such as architecture, engineering, construction, manufacturing, and media. The stock exhibited a significant bearish movement recently.

Why is Autodesk Inc. going down?

ADSK stock is down 8.6% on Nov 27, 2024 17:42

• Despite exceeding earnings and revenue projections for the third quarter of fiscal year 2025, Autodesk's stock faced strong bearish activity.
• Market sentiment turned negative possibly due to concerns about stagnant maintenance revenues and obstacles linked to a shift in transaction model highlighted elsewhere.
• Investors seem more focused on the potential long-term implications of these issues rather than the current positive earnings, driving the downtrend in the stock price.
• The disparity between the favorable financial results and the market response suggests investor wariness regarding the company's growth sustainability amidst these challenges.

ADSK Price Chart

ADSK Technical Analysis

ADSK News

What's Going On With Autodesk Shares Wednesday? - Autodesk ( NASDAQ:ADSK )

Autodesk, Inc. ADSK shares are moving lower on Wednesday. The company reported 2025 fiscal-year third-quarter earnings on Tuesday. What To Know: The company reported sales of $1.57 billion, beating analyst estimates of $1.56 billion.

https://www.benzinga.com/24/11/42218196/whats-going-on-autodesk-shares-wednesday

Autodesk Q3 Earnings and Sales Surpass Estimates, Improve Y/Y

ADSK's third-quarter fiscal 2025 results reflect gains from growth across products and regions in AEC and manufacturing product families.

https://www.zacks.com/stock/news/2375807/autodesk-q3-earnings-and-sales-surpass-estimates-improve-yy

Autodesk ( ADSK ) Tops Q3 Earnings and Revenue Estimates

Autodesk (ADSK) delivered earnings and revenue surprises of 2.84% and 0.48%, respectively, for the quarter ended October 2024. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2375667/autodesk-adsk-tops-q3-earnings-and-revenue-estimates

Autodesk Stock Slides On Q3 Earnings: Key Details From Quarter - Autodesk ( NASDAQ:ADSK )

Autodesk Inc ADSK reported third-quarter financial results after the market close on Tuesday. Here's a rundown of the report. Q3 Revenue: $1.57 billion, versus estimates of $1.56 billion Q3 Adjusted EPS: $2.17, versus estimates of $2.12 Total revenue was up 11% year-over-year.

https://www.benzinga.com/news/offerings/24/11/42202548/autodesk-stock-slides-on-q3-earnings-key-details-from-quarter

Autodesk Set to Report Q3 Earnings: What's in the Cards?

ADSK's third-quarter fiscal 2025 results are likely to benefit from software demand, but dull maintenance revenues and challenges of transaction model shift are concerns.

https://www.zacks.com/stock/news/2374814/autodesk-set-to-report-q3-earnings-whats-in-the-cards

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Autodesk Inc. Price History

30.07.2024 - ADSK Stock was up 0.6%

• Autodesk's second-quarter fiscal 2025 results surpassed estimates, showing growth across products and regions in AEC and manufacturing product families.
• Analysts increased their forecasts for Autodesk after better-than-expected earnings, with quarterly earnings and sales beating consensus estimates.
• Price targets for Autodesk shares were raised by a financial institution amid revenue and margin growth expectations.
• The positive market sentiment towards US markets, with futures indicating higher openings, likely contributed to the bullish movement in Autodesk's stock.

27.10.2024 - ADSK Stock was down 6.8%

• Despite surpassing earnings and revenue estimates in Q3, Autodesk (ADSK) saw a bearish movement in its stock.
• Concerns about maintenance revenues and challenges related to a shift in transaction model may have led to a negative market response.
• The stock's decline could be attributed to investor caution due to the company's high valuation, as well as challenges with maintenance revenues and strong competition.
• Despite strong financial results, the stock faced downward pressure as investors focused more on these concerns rather than the positive earnings and revenue outcomes.

27.10.2024 - ADSK Stock was down 8.6%

• Despite exceeding earnings and revenue projections for the third quarter of fiscal year 2025, Autodesk's stock faced strong bearish activity.
• Market sentiment turned negative possibly due to concerns about stagnant maintenance revenues and obstacles linked to a shift in transaction model highlighted elsewhere.
• Investors seem more focused on the potential long-term implications of these issues rather than the current positive earnings, driving the downtrend in the stock price.
• The disparity between the favorable financial results and the market response suggests investor wariness regarding the company's growth sustainability amidst these challenges.

12.05.2024 - ADSK Stock was up 5.1%

• Even amid a securities fraud class action lawsuit, Autodesk's stock displayed strength through a bullish trajectory.
• This upward trend could be linked to investor optimism surrounding the company's advanced software solutions and growth potential, deflecting attention from the legal concerns.
• Upgraded price targets by analysts on various tech firms such as Oracle likely had a positive impact on investor outlook within the tech industry, indirectly benefiting Autodesk.
• By surpassing the market's downturn, the stock's performance suggests that investors trust Autodesk's capabilities to overcome hurdles and generate long-term value.

12.05.2024 - ADSK Stock was up 5.3%

• Autodesk's bullish movement could be attributed to the company's embrace of AI in its product offerings. This move towards innovation and technology advancement may have sparked investor optimism.
• The news of Indian developers on GitHub surpassing the US by 2027, with Autodesk being one of the firms embracing GitHub Copilot, could have also contributed to the positive sentiment surrounding the company.
• Overall, the market may be reacting positively to Autodesk's strategic initiatives in AI and technology, positioning the company for future growth and innovation.

04.05.2024 - ADSK Stock was down 5.3%

• A class action securities lawsuit filed against Autodesk by multiple law firms may have contributed to a sense of uncertainty and negativity among investors.
• The decision to shift the Chief Financial Officer to the role of Chief Strategy Officer could hint at internal challenges or strategic transitions within the company, potentially sparking worries about financial leadership.
• While the stock saw a brief surge after the CFO reshuffle, indicating a momentary positive response from investors, the prevailing market sentiment appears to have been dominated by the legal troubles and executive changes, leading to the overall bearish trend.

12.05.2024 - ADSK Stock was up 5.1%

• Despite a Sell rating from Goldman Sachs and a lowered price target, ADSK exhibited a bullish trend, suggesting that other factors influenced the market sentiment.
• Concerns over a pending deadline in a class action lawsuit and an investigation by Faruqi & Faruqi, LLP may have initially impacted market uncertainty, but robust Q1 earnings and exceeding sales expectations likely reassured investors, contributing to the bullish movement.
• The positive Q1 financial results and strong competitive performance appear to have played a key role in bolstering market confidence, driving the bullish movement in ADSK today.

17.03.2024 - ADSK Stock was down 6.4%

• Autodesk shares plummeted by 7.8% due to the company's announcement of further delays in filing its annual report, stemming from an ongoing internal investigation into accounting practices. This uncertainty has raised concerns among investors, leading to a negative market sentiment.
• The delay in filing the annual report and the ongoing investigation have sparked worries about potential securities law violations, prompting a law firm to investigate the matter further. This added legal scrutiny has likely contributed to the downward pressure on the stock.
• The market's reaction underscores the importance of transparency and timely financial reporting in maintaining investor confidence. The lack of clarity surrounding Autodesk's financial practices has eroded trust in the company's operations, resulting in a significant decline in its stock value.

03.05.2024 - ADSK Stock was down 5.2%

• Despite the recent positive news about announcing preliminary Q1 fiscal 2025 results and the conclusion of the audit investigation, Autodesk's stock faced a bearish movement.
• The market displayed a bullish sentiment with the rise of futures and the strong performance of tech stocks like Nvidia, but this did not have a positive impact on Autodesk's stock.
• Citi's decision to maintain a Buy rating on Autodesk after the preliminary results indicates confidence in the company's long-term prospects. However, short-term market conditions may have influenced the bearish movement.
• The general optimism in the market and the positive performance of other tech stocks did not result in a favorable movement for Autodesk, suggesting that company-specific factors could have contributed to the bearish trend.

18.03.2024 - ADSK Stock was down 5.0%

• Autodesk (ADSK) faced a notable decrease in its stock value today, with a 7.8% drop during the morning trading session.
• Market response was unfavorable following revelations of an internal inquiry at Autodesk into its handling of free cash flow and non-GAAP operating margin matters, leading to a postponement in the submission of its yearly financial statement.
• Analysts expressed worries regarding the accounting concerns, which added pressure on Autodesk's stock performance.
• The investigation's ambiguity and potential breaches of securities laws have unsettled investors, contributing to the downward trend in Autodesk's stock prices.

12.05.2024 - ADSK Stock was up 6.6%

• A looming class action lawsuit deadline initially caused uncertainty among investors, but strong Q1 earnings and sales exceeding expectations likely reassured the market.
• Investor optimism about Autodesk's future growth potential may have been prompted by the positive reception of the company's integration of AI into its products.
• Today's bullish movement in Autodesk's stock is likely a result of its robust financial performance and strategic technological advancements, with legal concerns taking a back seat.

06.07.2024 - ADSK Stock was up 5.2%

• The bullish movement in Autodesk's stock can be attributed to an activist investor issuing a presentation urging improvements at the company, including exploring CEO change and cost cuts.
• The demand for changes from the activist investor highlights concerns about unmet financial targets, subpar profitability, and a decline in share price under the current leadership.
• Options activity indicating a bearish stance from investors may have created short-term negative sentiment, but the overall market sentiment seems influenced by the potential for strategic changes and improvements at Autodesk.
• The projected explosive growth in the Naval Architecture Software market could be contributing to the positive outlook for Autodesk, as it operates in a sector poised for significant expansion, potentially boosting the company's prospects and investor confidence.