- Autodesk has raised its full-year adjusted earnings per share (EPS) forecast to $10.18 to $10.25, higher than the previous estimate of $9.94.
- Revenue is expected to be between $7.15 billion and $7.17 billion, surpassing the earlier forecast range of $7.03 billion to $7.08 billion and the estimate of $7.07 billion.
- Billings are anticipated to reach $7.47 billion to $7.53 billion, exceeding the previous estimate of $7.41 billion.
- Free cash flow guidance has been increased to $2.26 billion to $2.29 billion, up from $2.20 billion to $2.28 billion, compared to an estimate of $2.24 billion.
- For the fourth quarter, Autodesk forecasts adjusted EPS of $2.59 to $2.67, beating the estimate of $2.54.
- Fourth quarter revenue is predicted to be between $1.90 billion and $1.92 billion, above the estimate of $1.86 billion.
- In the third quarter, adjusted EPS was $2.67, compared to $2.17 year-over-year, and above the estimate of $2.50.
- Net revenue for the third quarter increased by 18% to $1.85 billion, exceeding the estimate of $1.81 billion.
- Subscription net revenue rose 19% year-over-year to $1.73 billion, ahead of the $1.69 billion estimate.
- Maintenace net revenue declined by 11% to $8 million, slightly below the $8.32 million estimate.
- Other net revenue showed a 6.7% growth to $111 million, surpassing the expected $105.6 million.
- Third-quarter billings reached $1.86 billion, marking a 20% year-over-year increase and above the estimate of $1.84 billion.
- Remaining performance obligations rose 20% year-over-year to $7.36 billion, significantly higher than the $6.22 billion estimate.
- Adjusted operating margin for the third quarter improved to 38%, compared to 36% year-over-year, and above the estimate of 36.6%.
- Free cash flow for the third quarter was $430 million, more than double the $199 million from the prior year, exceeding the forecast of $335.5 million.
- Autodesk comments on the forecast increase: “We are raising our full-year guidance to reflect the current momentum of the business.”
- Market analysts’ recommendations include 24 buys, 6 holds, and 1 sell.
Autodesk Inc on Smartkarma
Analysts at Baptista Research have provided bullish insights on Autodesk Inc. on Smartkarma, an independent investment research platform. In one research report titled “Autodesk Is Looking To Reinvent Online Sales—Can Direct Channels Unlock New Avenues For Growth?“, they highlighted Autodesk’s strong second-quarter performance for fiscal year 2026. The company exceeded expectations across key financial metrics, leading to an optimistic outlook and raised guidance for the entire fiscal year despite geopolitical and macroeconomic uncertainties. The analysts emphasized the potential for growth through direct sales channels.
In another report titled “Autodesk Inc.: Transition to New Transaction Model to Maintain A Strong Foothold Amidst Macroeconomic Challenges!”, Baptista Research acknowledged Autodesk’s solid results in the first quarter of fiscal 2026. The company surpassed revenue and earnings expectations, driven by a successful transition to a new transaction model. With revenue and billings showing significant increases, analysts see Autodesk maintaining a strong position amidst macroeconomic challenges. The overall sentiment from Baptista Research remains bullish on Autodesk’s prospects.
A look at Autodesk Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Autodesk Inc Long-Term Outlook Analysis
Autodesk Inc, a provider of PC software and multimedia tools, has a promising long-term outlook based on the Smartkarma Smart Scores. With a strong Growth score of 4, the company is positioned for expansion and development in the future. Additionally, Autodesk Inc demonstrates resilience and momentum with scores of 4 in both categories. This indicates that the company has the ability to weather challenging market conditions and maintain positive performance momentum.
While Autodesk Inc‘s Value score is moderate at 2 and the Dividend score is lower at 1, the overall outlook for the company appears favorable. The company’s products, utilized for various design and visualization applications globally, reflect a diverse market presence and potential for sustained growth. As Autodesk Inc continues to innovate and adapt to industry demands, its robust Growth, Resilience, and Momentum scores suggest a bright future ahead.
Summary: Autodesk, Inc. supplies PC software and multimedia tools for architectural, mechanical design, geographic information systems, and visualization applications. The company’s global distribution network and innovative product offerings position it for long-term growth and resilience in the market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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