We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Autodesk (ADSK) Stock Falls Amid Market Uptick: What Investors Need to Know
Read MoreHide Full Article
In the latest close session, Autodesk (ADSK - Free Report) was down 3.45% at $236.07. The stock trailed the S&P 500, which registered a daily gain of 0.19%. Elsewhere, the Dow gained 0.19%, while the tech-heavy Nasdaq added 0.1%.
Coming into today, shares of the design software company had gained 11.93% in the past month. In that same time, the Computer and Technology sector gained 19.09%, while the S&P 500 gained 9.13%.
The investment community will be paying close attention to the earnings performance of Autodesk in its upcoming release. The company is slated to reveal its earnings on May 28, 2026. The company's earnings per share (EPS) are projected to be $2.84, reflecting a 24.02% increase from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.89 billion, up 16.02% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $12.38 per share and revenue of $8.15 billion, which would represent changes of +18.7% and +13.04%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Autodesk. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Autodesk is currently a Zacks Rank #3 (Hold).
Investors should also note Autodesk's current valuation metrics, including its Forward P/E ratio of 19.75. This indicates a premium in contrast to its industry's Forward P/E of 19.26.
We can additionally observe that ADSK currently boasts a PEG ratio of 1.22. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. Internet - Software stocks are, on average, holding a PEG ratio of 1.07 based on yesterday's closing prices.
The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 79, this industry ranks in the top 33% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
Autodesk (ADSK) Stock Falls Amid Market Uptick: What Investors Need to Know
In the latest close session, Autodesk (ADSK - Free Report) was down 3.45% at $236.07. The stock trailed the S&P 500, which registered a daily gain of 0.19%. Elsewhere, the Dow gained 0.19%, while the tech-heavy Nasdaq added 0.1%.
Coming into today, shares of the design software company had gained 11.93% in the past month. In that same time, the Computer and Technology sector gained 19.09%, while the S&P 500 gained 9.13%.
The investment community will be paying close attention to the earnings performance of Autodesk in its upcoming release. The company is slated to reveal its earnings on May 28, 2026. The company's earnings per share (EPS) are projected to be $2.84, reflecting a 24.02% increase from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.89 billion, up 16.02% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $12.38 per share and revenue of $8.15 billion, which would represent changes of +18.7% and +13.04%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Autodesk. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Autodesk is currently a Zacks Rank #3 (Hold).
Investors should also note Autodesk's current valuation metrics, including its Forward P/E ratio of 19.75. This indicates a premium in contrast to its industry's Forward P/E of 19.26.
We can additionally observe that ADSK currently boasts a PEG ratio of 1.22. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. Internet - Software stocks are, on average, holding a PEG ratio of 1.07 based on yesterday's closing prices.
The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 79, this industry ranks in the top 33% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.