Autodesk, Inc. Announces Fiscal 2021 First Quarter Results

Autodesk (ADSK) PT Raised to $230 at Canaccord Genuity

Canaccord Genuity analyst Richard Davis raised the price target on Autodesk (NASDAQ: ADSK) to $230.00 (from $195.00) while maintaining a Buy rating. Management noted that new business slowed in the second half of Q1, but that renewal rates have remained steady and net dollar expansion... More

Autodesk (ADSK) PT Raised to $223 at KeyBanc Following Solid 1Q Results

KeyBanc analyst Jason Celino raised the price target on Autodesk (NASDAQ: ADSK) to $223.00 (from $210.00) while maintaining a Overweight rating following the company's 1Q earnings report. Autodesk reported solid F1Q results, with revenue, EPS, FCF, and billings all coming in ahead of consensus. The... More

Autodesk (ADSK) PT Raised to $225 at Mizuho Securities Following 1Q Beat

Mizuho Securities analyst Matthew Broome raised the price target on Autodesk (NASDAQ: ADSK) to $225.00 (from $190.00) while maintaining a Buy rating following the company's 1Q earnings report. 1Q revenue of $886M comfortably beat the Street's $872M. EPS of $0.85 came in ahead of the Street's $0.80 forecast.... More

Autodesk (ADSK) PT Raised to $221 at RBC Capital

RBC Capital analyst Matthew Hedberg raised the price target on Autodesk (NASDAQ: ADSK) to $221.00 (from $205.00) while maintaining an Outperform rating.

The analyst commented, "Autodesk delivered a better-than-expected start to the year highlighted by 35% subscription growth and significant margin expansion. FY/21 guidance moved lower as... More

Autodesk (ADSK) Tops Q1 EPS by 4c, Guidance Misses Consensus

Autodesk (NASDAQ: ADSK) reported Q1 EPS of $0.85, $0.04 better than the analyst estimate of $0.81. Revenue for the quarter came in at $886 million versus the consensus estimate of $879.24 million.

GUIDANCE:

Autodesk sees Q2 2021 EPS of $0.86-$0.92, versus the consensus of $0.98. Autodesk sees Q2... More