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Autodesk (ADSK) Registers a Bigger Fall Than the Market: Important Facts to Note

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In the latest trading session, Autodesk (ADSK - Free Report) closed at $251.59, marking a -1.75% move from the previous day. This change lagged the S&P 500's daily loss of 0.32%. Elsewhere, the Dow saw a downswing of 0.34%, while the tech-heavy Nasdaq depreciated by 0.6%.

The stock of design software company has risen by 20.66% in the past month, leading the Computer and Technology sector's gain of 0.32% and the S&P 500's gain of 2.46%.

The upcoming earnings release of Autodesk will be of great interest to investors. The company's earnings report is expected on August 27, 2026. In that report, analysts expect Autodesk to post earnings of $3.12 per share. This would mark year-over-year growth of 19.08%. In the meantime, our current consensus estimate forecasts the revenue to be $2.01 billion, indicating a 13.96% growth compared to the corresponding quarter of the prior year.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $12.58 per share and revenue of $8.19 billion, indicating changes of +20.61% and +13.65%, respectively, compared to the previous year.

Investors should also note any recent changes to analyst estimates for Autodesk. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Right now, Autodesk possesses a Zacks Rank of #3 (Hold).

In terms of valuation, Autodesk is presently being traded at a Forward P/E ratio of 20.36. This expresses a discount compared to the average Forward P/E of 21.5 of its industry.

It is also worth noting that ADSK currently has a PEG ratio of 1.21. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Internet - Software was holding an average PEG ratio of 1.18 at yesterday's closing price.

The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 101, which puts it in the top 42% of all 250+ industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.

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