KeyCorp Issues Optimistic Outlook for Autodesk Earnings

Autodesk, Inc. (NASDAQ:ADSK) – KeyCorp lifted their Q4 2026 EPS estimates for Autodesk in a note issued to investors on Monday, December 15th. KeyCorp analyst J. Celino now anticipates that the software company will post earnings per share of $1.91 for the quarter, up from their prior forecast of $1.83. KeyCorp currently has a “Overweight” rating on the stock. The consensus estimate for Autodesk’s current full-year earnings is $5.76 per share. KeyCorp also issued estimates for Autodesk’s Q1 2027 earnings at $1.79 EPS, Q2 2027 earnings at $2.17 EPS, Q3 2027 earnings at $2.34 EPS, Q4 2027 earnings at $2.43 EPS and FY2027 earnings at $8.72 EPS.

ADSK has been the topic of a number of other reports. Arete Research increased their price objective on shares of Autodesk from $430.00 to $460.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. HSBC reduced their price target on shares of Autodesk from $388.00 to $379.00 and set a “buy” rating on the stock in a research report on Friday, November 28th. BMO Capital Markets boosted their price objective on Autodesk from $333.00 to $343.00 and gave the company a “market perform” rating in a report on Wednesday, November 26th. Piper Sandler upped their price objective on Autodesk from $361.00 to $373.00 and gave the company an “overweight” rating in a research note on Friday, August 29th. Finally, DA Davidson reaffirmed a “buy” rating and set a $375.00 target price on shares of Autodesk in a report on Friday, August 29th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $369.59.

Autodesk Stock Performance

NASDAQ:ADSK opened at $292.97 on Thursday. The firm has a 50-day moving average of $301.34 and a two-hundred day moving average of $303.40. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.82 and a quick ratio of 0.82. The stock has a market cap of $62.11 billion, a P/E ratio of 56.78, a PEG ratio of 2.39 and a beta of 1.47. Autodesk has a 1-year low of $232.67 and a 1-year high of $329.09.

Autodesk (NASDAQ:ADSK) last released its quarterly earnings results on Tuesday, November 25th. The software company reported $2.67 earnings per share for the quarter, beating analysts’ consensus estimates of $2.50 by $0.17. Autodesk had a net margin of 16.09% and a return on equity of 52.06%. The business had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.81 billion. During the same period last year, the business earned $2.17 EPS. The business’s revenue was up 18.0% on a year-over-year basis. Autodesk has set its FY 2026 guidance at 10.180-10.250 EPS and its Q4 2026 guidance at 2.590-2.67 EPS.

Insider Transactions at Autodesk

In other Autodesk news, Director Ayanna Howard sold 917 shares of the firm’s stock in a transaction dated Monday, September 29th. The shares were sold at an average price of $325.00, for a total value of $298,025.00. Following the transaction, the director owned 3,476 shares of the company’s stock, valued at $1,129,700. This trade represents a 20.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.15% of the stock is owned by corporate insiders.

Institutional Trading of Autodesk

Institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its position in Autodesk by 2.2% during the 3rd quarter. Vanguard Group Inc. now owns 21,414,239 shares of the software company’s stock valued at $6,802,661,000 after purchasing an additional 450,724 shares during the period. State Street Corp increased its position in Autodesk by 1.8% in the second quarter. State Street Corp now owns 10,086,995 shares of the software company’s stock worth $3,122,631,000 after buying an additional 174,247 shares during the period. Loomis Sayles & Co. L P lifted its stake in Autodesk by 1.5% in the second quarter. Loomis Sayles & Co. L P now owns 5,831,447 shares of the software company’s stock valued at $1,805,241,000 after buying an additional 88,066 shares during the last quarter. Geode Capital Management LLC lifted its stake in Autodesk by 15.1% in the second quarter. Geode Capital Management LLC now owns 5,606,264 shares of the software company’s stock valued at $1,730,415,000 after buying an additional 734,449 shares during the last quarter. Finally, Ninety One UK Ltd boosted its holdings in shares of Autodesk by 3.7% during the second quarter. Ninety One UK Ltd now owns 5,338,125 shares of the software company’s stock valued at $1,652,523,000 after acquiring an additional 191,448 shares during the period. 90.24% of the stock is currently owned by institutional investors and hedge funds.

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.