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Autodesk Slides as Profit Outlook Appears to Temper an Otherwise Strong Quarter

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Autodesk (ADSK) is down 7.3% today. Here is some analysis on what might have caused this price movement. ([investors.autodesk.com](https://investors.autodesk.com/news-releases/news-release-details/autodesk-inc-announces-fiscal-2027-second-quarter-results))

Analysis: The selloff appears tied less to Autodesk’s latest revenue beat and more to guidance details that looked softer on profitability and cash generation than some investors wanted. The company raised full-year revenue and billings outlook, but third-quarter non-GAAP EPS guidance landed at $3.04 to $3.09 and full-year non-GAAP margin guidance stayed roughly flat as MaintainX acquisition dilution offset operating leverage. It could also be that investors focused on narrower free cash flow expectations and modest 2% growth in remaining performance obligations after a recent run-up in the shares. ([investors.autodesk.com](https://investors.autodesk.com/news-releases/news-release-details/autodesk-inc-announces-fiscal-2027-second-quarter-results))

Details:

  • Fiscal second-quarter revenue rose 16% year over year to $2.046 billion, while non-GAAP EPS reached $3.30, both ahead of the company’s prior guidance range. ([investors.autodesk.com](https://investors.autodesk.com/news-releases/news-release-details/autodesk-inc-announces-fiscal-2027-second-quarter-results))
  • Autodesk guided third-quarter revenue to $2.125 billion to $2.140 billion and non-GAAP EPS to $3.04 to $3.09, which appears to have fallen short of what the market was positioned for. ([investors.autodesk.com](https://investors.autodesk.com/news-releases/news-release-details/autodesk-inc-announces-fiscal-2027-second-quarter-results))
  • Full-year revenue guidance was raised to $8.295 billion to $8.345 billion, but non-GAAP operating margin guidance remained around 39% because MaintainX-related dilution offset stronger underlying margins. ([investors.autodesk.com](https://investors.autodesk.com/news-releases/news-release-details/autodesk-inc-announces-fiscal-2027-second-quarter-results))
  • Full-year free cash flow guidance was narrowed to $2.725 billion to $2.750 billion, including about $45 million of transaction expenses tied to the MaintainX deal, while RPO grew only 2%. ([investors.autodesk.com](https://investors.autodesk.com/news-releases/news-release-details/autodesk-inc-announces-fiscal-2027-second-quarter-results))
  • Sources:

    Autodesk, SEC, Reuters, SiliconANGLE

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $ADSK Insider Trading Activity

    ADSK Insider Trades

    $ADSK insiders have traded $ADSK stock on the open market 5 times in the past 6 months. Of those trades, 5 have been purchases and 0 have been sales.

    Here’s a breakdown of recent trading of $ADSK stock by insiders over the last 6 months:

    • STACY J SMITH has made 2 purchases buying 3,435 shares for an estimated $794,054 and 0 sales.
    • ANDREW ANAGNOST (President and CEO) purchased 2,460 shares for an estimated $498,543
    • JANESH MOORJANI (EVP, Chief Financial Officer) purchased 2,500 shares for an estimated $494,174
    • JOHN T CAHILL purchased 2,000 shares for an estimated $378,400

    To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

    $ADSK Hedge Fund Activity

    We have seen 489 institutional investors add shares of $ADSK stock to their portfolio, and 960 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

    $ADSK Congressional Stock Trading

    Members of Congress have traded $ADSK stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.

    Here’s a breakdown of recent trading of $ADSK stock by members of Congress over the last 6 months:

    To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

    $ADSK Price Targets

    Multiple analysts have issued price targets for $ADSK recently. We have seen 14 analysts offer price targets for $ADSK in the last 6 months, with a median target of $302.5.

    Here are some recent targets:

    • Andrew DeGasperi from BNP Paribas set a target price of $295.0 on 06/18/2026
    • Blair Abernethy from Rosenblatt set a target price of $330.0 on 06/01/2026
    • Tyler Radke from Citigroup set a target price of $252.0 on 06/01/2026
    • Clarke Jeffries from Piper Sandler set a target price of $369.0 on 05/29/2026
    • Nick Altmann from BTIG set a target price of $300.0 on 05/29/2026
    • Daniel Jester from BMO Capital set a target price of $262.0 on 05/29/2026
    • Matthew Hedberg from RBC Capital set a target price of $305.0 on 05/29/2026

    This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.

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