Autodesk(ADSK)

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What Analyst Projections for Key Metrics Reveal About Autodesk (ADSK) Q3 Earnings
ZACKS· 2024-11-21 15:20
Wall Street analysts forecast that Autodesk (ADSK) will report quarterly earnings of $2.11 per share in its upcoming release, pointing to a year-over-year increase of 1.9%. It is anticipated that revenues will amount to $1.56 billion, exhibiting an increase of 10.5% compared to the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Ahead ...
Autodesk (ADSK) Exceeds Market Returns: Some Facts to Consider
ZACKS· 2024-11-20 00:15
Autodesk (ADSK) closed the most recent trading day at $305.20, moving +1.04% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 0.4%. Elsewhere, the Dow lost 0.28%, while the tech-heavy Nasdaq added 1.04%. Coming into today, shares of the design software company had gained 4.23% in the past month. In that same time, the Computer and Technology sector gained 0.18%, while the S&P 500 gained 0.62%. The upcoming earnings release of Autodesk will be of great i ...
Autodesk (ADSK) Rises As Market Takes a Dip: Key Facts
ZACKS· 2024-10-25 23:20
The latest trading session saw Autodesk (ADSK) ending at $286.04, denoting a +0.09% adjustment from its last day's close. The stock outpaced the S&P 500's daily loss of 0.03%. On the other hand, the Dow registered a loss of 0.61%, and the technology-centric Nasdaq increased by 0.56%. Coming into today, shares of the design software company had gained 4.54% in the past month. In that same time, the Computer and Technology sector gained 1.65%, while the S&P 500 gained 1.39%. The upcoming earnings release of A ...
3 Growth Stocks That Could Skyrocket in 2025 and Beyond
The Motley Fool· 2024-10-20 08:52
Growth Stocks Overview - Growth stocks have performed exceptionally well this year, with major U.S. indexes reaching new all-time highs [1] - Earnings growth is expected to continue, providing further upside potential for stocks [1] - Key characteristics for selecting growth stocks include a robust business model, dominant market share, consistent revenue and earnings growth, free cash flow generation, and a growing total addressable market [1] Autodesk (ADSK) - Autodesk develops design software for architects, engineers, and designers, and offers a platform for data mining and process automation [3] - Revenue grew from $4.4 billion in fiscal 2022 to $5.5 billion in fiscal 2024, with net income nearly doubling from $497 million to $906 million [3] - In the first half of fiscal 2025, revenue increased 11.8% YoY to $2.9 billion, operating income rose 34% to $642 million, and free cash flow reached $651 million [3] - Total billings increased by 13% to $1.2 billion, indicating strong top-line growth [3] - Growth strategies include renewing and expanding the core design business, monetizing non-paying users, adjusting prices for inflation, and expanding into adjacent sectors like water and construction [4][5] - The company aims for annual revenue growth of 10% to 15% [5] The Trade Desk (TTD) - The Trade Desk operates a cloud-based platform for digital advertising, offering the largest connected TV inventory in the industry [6] - Revenue grew from $1.2 billion in 2021 to $1.9 billion in 2023, with net income increasing from $137.8 million to $179 million [6] - Free cash flow rose from $318.5 million in 2021 to $543.3 million in 2023 [6] - In the first half of 2024, revenue increased 27% YoY to $1.1 billion, operating income surged sixfold to $123.4 million, and net income more than doubled to $116.7 million [7] - Free cash flow for the half year stood at $233 million, and customer retention rates exceeded 95% [7] - Growth opportunities include the connected TV space, international markets, and the retail sector, with a total addressable market estimated at $900 billion [7][8] Blackline (BL) - Blackline provides a cloud platform for financial closing and accounting, leveraging AI to streamline operations [9] - Revenue grew from $425.7 million in 2021 to $590 million in 2023, with net income turning positive at $52.8 million in 2023 [9] - Free cash flow improved from $56.8 million in 2021 to $99 million in 2023 [9] - In the first half of 2024, revenue increased 12.1% YoY to $318 million, operating income surged 51.7% to $4 million, and net income excluding exceptional items rose 19% to $22.4 million [10] - Free cash flow more than doubled YoY to $78.1 million, and customer count grew at an annualized rate of 9% from 2020 to 2023 [10] - Growth strategies include a "land and expand" approach, targeting enterprise and mid-market segments, and leveraging a total addressable market worth $39 billion [11]
Can ADSK's AI-Powered Product Enhancements Push the Stock Higher?
ZACKS· 2024-10-17 16:41
Autodesk (ADSK) recently announced AI-integrated product developments across segments to enhance performance and efficiency. It aims to simplify complexities related to the manufacturing and designing of products by introducing AI capabilities to Fusion and Alias. Autodesk Adds AI-Powered Capabilities to Fusion Autodesk Fusion will be integrated with new Autodesk AI-supported automation to enable time-saving. A combination of performance enhancements and the latest granular Manufacturing Dada Model (MDM) AP ...
This Autodesk Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Wednesday
Benzinga· 2024-10-16 18:52
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Considering buying ADSK stock? Here’s what analysts think: Read More: ...
Autodesk (ADSK) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2024-10-11 23:20
In the latest market close, Autodesk (ADSK) reached $281.67, with a +1.43% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.61%. Meanwhile, the Dow experienced a rise of 0.97%, and the technology-dominated Nasdaq saw an increase of 0.33%. Prior to today's trading, shares of the design software company had gained 7.03% over the past month. This has lagged the Computer and Technology sector's gain of 8.6% and outpaced the S&P 500's gain of 5.36% in ...
Autodesk Named a “Top Pick” by Morgan Stanley—Is It Time to Buy?
MarketBeat· 2024-10-11 13:11
Autodesk NASDAQ: ADSK is a technology company that provides digital solutions to customers focused on solving physical problems. With Morgan Stanley recently naming this stock one of its “top picks," it feels pertinent to dive into what this company does and understand what aspects could make it a strong investment. I’ll explain the company’s products and strategy going forward and give my assessment of the stock right now.Get Autodesk alerts:Autodesk: A Provider of Key Design and Construction SoftwareAutod ...
Autodesk (ADSK) Outperforms Broader Market: What You Need to Know
ZACKS· 2024-10-04 23:20
In the latest market close, Autodesk (ADSK) reached $271.16, with a +0.96% movement compared to the previous day. The stock's change was more than the S&P 500's daily gain of 0.9%. On the other hand, the Dow registered a gain of 0.81%, and the technology-centric Nasdaq increased by 1.22%.Prior to today's trading, shares of the design software company had gained 6.68% over the past month. This has outpaced the Computer and Technology sector's gain of 5.76% and the S&P 500's gain of 3.15% in that time.The inv ...
Why Autodesk (ADSK) Dipped More Than Broader Market Today
ZACKS· 2024-09-27 23:21
In the latest market close, Autodesk (ADSK) reached $271.90, with a -0.53% movement compared to the previous day. This move lagged the S&P 500's daily loss of 0.13%. Elsewhere, the Dow gained 0.33%, while the tech-heavy Nasdaq lost 0.39%.Shares of the design software company have appreciated by 5.86% over the course of the past month, outperforming the Computer and Technology sector's gain of 2.7% and the S&P 500's gain of 2.43%.Analysts and investors alike will be keeping a close eye on the performance of ...