On September 14, Autodesk rose 5.07% in regular trading, trading at $221.23 per share, with turnover of approximately $85.24 million.
On the news front, Autodesk recently signed an underwriting agreement with Morgan Stanley, BNP Paribas, and Citi Global Markets, with related documents filed with the SEC. The deal marks a significant step in capital operations for the design software giant, signaling potential equity or debt issuance activity that has drawn investor attention.
From a fundamental standpoint, Autodesk reported Q2 revenue of $2.046 billion and adjusted EPS of $3.30, beating consensus estimates of $2.012 billion and $3.12 respectively. The company also raised its full-year revenue guidance to $8.295–$8.345 billion, above the prior market estimate of $8.21 billion. Multiple analysts maintained buy ratings following the results, with UBS Securities noting that fiscal 2027 organic billings guidance appears achievable given a large enterprise renewal cohort weighted toward Q4. RBC Capital Markets highlighted over 20% growth in Construction and accelerating Fusion adoption driven by AI capabilities.
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