Analyst Consensus ?
ConsensusBuy50 ratings
Bullish3774.0%
Neutral918.0%
Bearish48.0%
Autodesk, Inc. · ADSK · FY2027 Q1 · Calendar Q2 2026
Autodesk Beats and Raises as MaintenX Acquisition Extends Reach Into Operations
Autodesk is extending its subscription-driven design and engineering franchise into the operate phase of the asset lifecycle. Q1 FY2027 results showed the core business remains healthy: revenue and EPS exceeded the high end of guidance, renewals stayed strong at 18% YoY subscription growth, and the MaintenX acquisition deepens the company's push into AI-driven digital twins and predictive maintenance. Despite the positive print and raised outlook, the stock sold off sharply after the call and continued to drift lower, suggesting the market is weighing integration risk, moderating billings growth, and the sustainability of transaction-model tailwinds against the raised guidance.
Reported After market closeNASDAQTechnology
$50.12B market cap
90quality score
Company context
Snapshot as of publicationAutodesk, Inc. delivers advanced software and services for 3D design, engineering, and entertainment to a global clientele. Their diverse product line includes AutoCAD Civil 3D, a comprehensive solution for civil engineering tasks such as land development, transportation infrastructure, and environmental projects. For construction project management, they offer BIM 360, a cloud-based platform. Core design and drafting needs are met by AutoCAD and its specialized counterpart, AutoCAD LT. The company also provides CAM software, essential for computer numeric control (CNC) machining, inspection, and manufacturing modeling, alongside Fusion 360, an integrated platform for 3D CAD, CAM, and computer-aided engineering.…
Earnings scorecard
Reported versus consensus
Reported EPS
$2.99
Consensus $3
EPS surprise
+5.3%
Reported versus consensus
Reported revenue
$1.93B
Consensus $1.89B
Revenue surprise
+2.1%
Reported versus consensus
Earnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$245.25Current
$224Low
$326.42Average
$440High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Jul 30, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Rosenblatt | Buy | Buy | Maintain | Jun 1, 2026 |
| Citigroup | Neutral | Neutral | Maintain | Jun 1, 2026 |
| Wells Fargo | Overweight | Overweight | Maintain | May 29, 2026 |
| RBC Capital | Outperform | Outperform | Maintain | May 29, 2026 |
| Piper Sandler | Overweight | Overweight | Maintain | May 29, 2026 |
| DA Davidson | Buy | Buy | Maintain | May 29, 2026 |
| BTIG | Buy | Buy | Maintain | May 29, 2026 |
| BMO Capital | Market Perform | Market Perform | Maintain | May 29, 2026 |
| Morgan Stanley | Overweight | Overweight | Maintain | May 26, 2026 |
| Keybanc | Overweight | Overweight | Maintain | May 21, 2026 |
| Barclays | Overweight | Overweight | Maintain | May 13, 2026 |
| Macquarie | Outperform | Outperform | Maintain | Feb 27, 2026 |
| Oppenheimer | Outperform | Outperform | Maintain | Feb 24, 2026 |
| UBS | Buy | Buy | Maintain | Feb 23, 2026 |
| Stifel | Buy | Buy | Maintain | Feb 23, 2026 |
| JP Morgan | Overweight | Neutral | Upgrade | Feb 2, 2026 |
| Deutsche Bank | Buy | Hold | Upgrade | Nov 26, 2025 |
| Baird | Outperform | Outperform | Maintain | Nov 26, 2025 |
| B of A Securities | Neutral | Neutral | Maintain | Nov 26, 2025 |
| HSBC | Buy | Hold | Upgrade | Oct 1, 2025 |
| Mizuho | Outperform | Outperform | Maintain | Aug 29, 2025 |
| Berenberg | Buy | Hold | Upgrade | Jun 27, 2025 |
| Goldman Sachs | Neutral | Neutral | Maintain | May 23, 2025 |
| Scotiabank | Sector Outperform | Sector Outperform | Maintain | Mar 17, 2025 |
| Argus Research | Buy | Buy | Maintain | Mar 7, 2024 |
| OTR Global | Mixed | Positive | Downgrade | May 8, 2023 |
| William Blair | Outperform | Outperform | Maintain | Apr 17, 2023 |
| Credit Suisse | Outperform | Outperform | Maintain | Feb 27, 2023 |
| MoffettNathanson | Sell | Sell | Maintain | Sep 22, 2022 |
| Wolfe Research | Outperform | Outperform | Maintain | Aug 17, 2022 |
| Canaccord Genuity | Buy | Buy | Maintain | May 28, 2021 |
| Wedbush | Neutral | Neutral | Maintain | May 28, 2020 |
| Bernstein | Underperform | Market Perform | Downgrade | May 1, 2020 |
| Atlantic Equities | Neutral | Overweight | Downgrade | Apr 23, 2020 |
| Citi | Buy | Buy | Maintain | Aug 28, 2019 |
| Bank of America | Underperform | Neutral | Downgrade | Aug 28, 2019 |
| Stifel Nicolaus | Buy | Buy | Maintain | Dec 19, 2018 |
| Argus | Buy | Hold | Upgrade | Nov 23, 2018 |
| B. Riley FBR | Buy | Neutral | Upgrade | May 5, 2018 |
| Guggenheim | Buy | Neutral | Upgrade | Nov 13, 2017 |
| Cowen & Co. | Outperform | Outperform | Maintain | Aug 25, 2017 |
| Evercore ISI Group | Buy | Buy | Maintain | Sep 15, 2016 |
| Mitsubishi UFJ | Underweight | Equal Weight | Downgrade | Aug 29, 2016 |
| Pacific Crest | Outperform | Outperform | Maintain | Feb 27, 2015 |
| Evercore Partners | Overweight | Equal Weight | Upgrade | Jan 9, 2014 |
| B. Riley Securities | Buy | Neutral | Upgrade | Aug 23, 2013 |
| B. Riley | Buy | Buy | Maintain | Aug 23, 2013 |
| Jefferies | Buy | Buy | Maintain | Mar 19, 2013 |
| Bank oferica | Neutral | Neutral | Maintain | May 18, 2012 |
| Longbow Research | Neutral | Buy | Downgrade | May 2, 2012 |
Named analyst price targets
Upside is calculated against the persisted current price $245.25. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| BNP Paribas | Andrew DeGasperi | $295 | $193.07 | +20.3% | Jun 18, 2026 |
| BMO Capital | Analyst unavailable | $262 | $224.74 | +6.8% | May 29, 2026 |
| Piper Sandler | Analyst unavailable | $369 | $240.95 | +50.5% | May 29, 2026 |
| RBC Capital | Matthew Hedberg | $305 | $240.95 | +24.4% | May 29, 2026 |
| Morgan Stanley | Analyst unavailable | $315 | $240.99 | +28.4% | May 26, 2026 |
| KeyBanc | Analyst unavailable | $341 | $243.63 | +39.0% | May 21, 2026 |
| Jefferies | Analyst unavailable | $300 | $228.59 | +22.3% | Apr 15, 2026 |
| BMO Capital | Daniel Jester | $279 | $245.87 | +13.8% | Mar 2, 2026 |
| Oppenheimer | Ken Wong | $325 | $218.64 | +32.5% | Feb 24, 2026 |
| Morgan Stanley | Analyst unavailable | $350 | $226.98 | +42.7% | Feb 23, 2026 |
| UBS | Taylor McGinnis | $290 | $226.98 | +18.2% | Feb 23, 2026 |
| Barclays | Saket Kalia | $300 | $229.1 | +22.3% | Feb 20, 2026 |
| RBC Capital | Matthew Hedberg | $340 | $243.58 | +38.6% | Feb 11, 2026 |
| Redburn Partners | Analyst unavailable | $375 | $276.58 | +52.9% | Jan 9, 2026 |
| BTIG | Analyst unavailable | $365 | $293.98 | +48.8% | Dec 16, 2025 |
| Robert W. Baird | Analyst unavailable | $377 | $294.43 | +53.7% | Nov 26, 2025 |
| BMO Capital | Analyst unavailable | $343 | $294.43 | +39.9% | Nov 26, 2025 |
| UBS | Analyst unavailable | $400 | $294.43 | +63.1% | Nov 26, 2025 |
| Wells Fargo | Michael Turrin | $380 | $294.43 | +54.9% | Nov 26, 2025 |
| Barclays | Saket Kalia | $390 | $296.81 | +59.0% | Nov 26, 2025 |
| Deutsche Bank | Bhavin Shah | $375 | $294.43 | +52.9% | Nov 26, 2025 |
| Robert W. Baird | Joe Vruwink | $367 | $292.23 | +49.6% | Nov 18, 2025 |
| HSBC | Stephen Bersey | $343 | $317.67 | +39.9% | Oct 1, 2025 |
| Berenberg Bank | Nay Soe Naing | $370 | $314.7 | +50.9% | Sep 1, 2025 |
| Macquarie | Analyst unavailable | $380 | $314.7 | +54.9% | Aug 29, 2025 |
| RBC Capital | Analyst unavailable | $380 | $314.7 | +54.9% | Aug 29, 2025 |
| Robert W. Baird | Joe Vruwink | $363 | $312.82 | +48.0% | Aug 29, 2025 |
| Oppenheimer | Analyst unavailable | $375 | $314.7 | +52.9% | Aug 29, 2025 |
| Mizuho Securities | Analyst unavailable | $375 | $288.49 | +52.9% | Aug 29, 2025 |
| Stifel Nicolaus | Adam Borg | $375 | $288.49 | +52.9% | Aug 29, 2025 |
| KeyBanc | Analyst unavailable | $365 | $314.7 | +48.8% | Aug 29, 2025 |
| Piper Sandler | Analyst unavailable | $373 | $288.49 | +52.1% | Aug 29, 2025 |
| UBS | Analyst unavailable | $385 | $314.7 | +57.0% | Aug 29, 2025 |
| Wells Fargo | Analyst unavailable | $375 | $288.49 | +52.9% | Aug 29, 2025 |
| Barclays | Analyst unavailable | $385 | $288.49 | +57.0% | Aug 29, 2025 |
| BMO Capital | Daniel Jester | $333 | $295.35 | +35.8% | May 23, 2025 |
| D.A. Davidson | William Jellison | $305 | $295.35 | +24.4% | May 23, 2025 |
| Robert W. Baird | Joe Vruwink | $335 | $298.08 | +36.6% | May 16, 2025 |
| Robert W. Baird | Analyst unavailable | $336 | $274.21 | +37.0% | Feb 28, 2025 |
| UBS | Analyst unavailable | $370 | $274.21 | +50.9% | Feb 28, 2025 |
| D.A. Davidson | Analyst unavailable | $285 | $274.21 | +16.2% | Feb 28, 2025 |
| Morgan Stanley | Analyst unavailable | $385 | $274.21 | +57.0% | Feb 28, 2025 |
| Barclays | Analyst unavailable | $365 | $274.21 | +48.8% | Feb 28, 2025 |
| Piper Sandler | Clarke Jeffries | $357 | $290.82 | +45.6% | Jan 8, 2025 |
| Stifel Nicolaus | Adam Borg | $360 | $292.83 | +46.8% | Dec 18, 2024 |
| UBS | Taylor McGinnis | $350 | $291.9 | +42.7% | Dec 2, 2024 |
| HSBC | Stephen Bersey | $290 | $291.98 | +18.2% | Nov 29, 2024 |
| BMO Capital | Daniel Jester | $308 | $291.98 | +25.6% | Nov 27, 2024 |
| Piper Sandler | Clarke Jeffries | $311 | $291.98 | +26.8% | Nov 27, 2024 |
| Rosenblatt Securities | Blair Abernethy | $325 | $291.98 | +32.5% | Nov 27, 2024 |
| Robert W. Baird | Joe Vruwink | $330 | $297.78 | +34.6% | Nov 18, 2024 |
| BMO Capital | Daniel Jester | $287 | $292.44 | +17.0% | Oct 21, 2024 |
| Mizuho Securities | Matthew Broome | $260 | $290.57 | +6.0% | Oct 18, 2024 |
| Citigroup | Tyler Radke | $325 | $290.57 | +32.5% | Oct 18, 2024 |
| Bank of America Securities | Michael Funk | $325 | $291.46 | +32.5% | Oct 17, 2024 |
| Wells Fargo | Michael Turrin | $340 | $286.48 | +38.6% | Oct 16, 2024 |
| D.A. Davidson | William Jellison | $260 | $273.36 | +6.0% | Sep 26, 2024 |
| Robert W. Baird | Joe Vruwink | $305 | $258.38 | +24.4% | Sep 12, 2024 |
| KeyBanc | Jason Celino | $325 | $251.77 | +32.5% | Sep 5, 2024 |
| HSBC | Stephen Bersey | $299 | $262.88 | +21.9% | Sep 3, 2024 |
| Goldman Sachs | Kash Rangan | $295 | $262.96 | +20.3% | Sep 3, 2024 |
| Piper Sandler | Clarke Jeffries | $257 | $266.01 | +4.8% | Aug 30, 2024 |
| Citigroup | Tyler Radke | $316 | $255.26 | +28.8% | Aug 26, 2024 |
| Morgan Stanley | Elizabeth Porter | $305 | $249.91 | +24.4% | Aug 23, 2024 |
| Argus Research | Joseph Bonner | $300 | $243.51 | +22.3% | Jun 20, 2024 |
| CFRA | Janice Quek | $235 | $222.12 | -4.2% | Jun 12, 2024 |
| BMO Capital | Daniel Jester | $254 | $211.5 | +3.6% | Jun 12, 2024 |
| Goldman Sachs | Kash Rangan | $225 | $211.5 | -8.3% | Jun 12, 2024 |
| Deutsche Bank | Bhavin Shah | $245 | $211.5 | -0.1% | Jun 12, 2024 |
| Mizuho Securities | Matthew Broome | $230 | $210.82 | -6.2% | Jun 4, 2024 |
| BMO Capital | Daniel Jester | $293 | $215.4 | +19.5% | Jun 3, 2024 |
| Piper Sandler | Clarke Jeffries | $239 | $201.6 | -2.5% | Jun 3, 2024 |
| RBC Capital | Matthew Hedberg | $260 | $201.6 | +6.0% | Jun 3, 2024 |
| Robert W. Baird | Joe Vruwink | $289 | $210.45 | +17.8% | May 29, 2024 |
| Oppenheimer | Ken Wong | $275 | $218.04 | +12.1% | May 23, 2024 |
| KeyBanc | Jason Celino | $305 | $221.21 | +24.4% | May 20, 2024 |
| Berenberg Bank | Nay Soe Naing | $295 | $212.85 | +20.3% | May 1, 2024 |
| Oppenheimer | Ken Wong | $315 | $217.13 | +28.4% | Apr 22, 2024 |
| Rosenblatt Securities | Blair Abernethy | $290 | $248.71 | +18.2% | Apr 3, 2024 |
| KeyBanc | Jason Celino | $320 | $263.89 | +30.5% | Mar 1, 2024 |
| Mizuho Securities | Matthew Broome | $200 | $202.66 | -18.5% | Nov 22, 2023 |
| Loop Capital Markets | Daniel Jester | $224 | $195.24 | -8.7% | May 24, 2023 |
| Oppenheimer | Ken Wong | $220 | $202.08 | -10.3% | Mar 23, 2023 |
| Piper Sandler | Clarke Jeffries | $244 | $193.48 | -0.5% | Feb 24, 2023 |
| Berenberg Bank | Analyst unavailable | $230 | $193.43 | -6.2% | Jan 11, 2023 |
| Piper Sandler | Analyst unavailable | $236 | $196.63 | -3.8% | Dec 9, 2022 |
| RBC Capital | Matthew Hedberg | $225 | $197 | -8.3% | Nov 23, 2022 |
| Citigroup | Analyst unavailable | $230 | $198.7 | -6.2% | Nov 23, 2022 |
| Rosenblatt Securities | Analyst unavailable | $235 | $191.33 | -4.2% | Nov 23, 2022 |
| Credit Suisse | Analyst unavailable | $325 | $190.19 | +32.5% | Nov 23, 2022 |
| Barclays | Analyst unavailable | $225 | $208.9 | -8.3% | Nov 23, 2022 |
| Citigroup | Analyst unavailable | $256 | $214.68 | +4.4% | Nov 18, 2022 |
| KeyBanc | Jason Celino | $250 | $229.57 | +1.9% | Aug 17, 2022 |
| Rosenblatt Securities | Blair Abernethy | $285 | $210.26 | +16.2% | May 27, 2022 |
| Mizuho Securities | Matthew Broome | $250 | $194.79 | +1.9% | May 20, 2022 |
| Credit Suisse | Phil Winslow | $355 | $195.64 | +44.8% | May 17, 2022 |
| RBC Capital | Matthew Hedberg | $300 | $219.62 | +22.3% | Feb 26, 2022 |
| Stifel Nicolaus | Adam Borg | $285 | $219.62 | +16.2% | Feb 25, 2022 |
| RBC Capital | Matthew Hedberg | $295 | $219.62 | +20.3% | Feb 25, 2022 |
| Deutsche Bank | Bhavin Shah | $275 | $219.62 | +12.1% | Feb 25, 2022 |
| Mizuho Securities | Matthew Broome | $285 | $219.62 | +16.2% | Feb 25, 2022 |
| Robert W. Baird | Joseph Vruwink | $290 | $218.18 | +18.2% | Feb 24, 2022 |
| Morgan Stanley | Keith Weiss | $277 | $209.02 | +12.9% | Feb 23, 2022 |
| Citigroup | Tyler Radke | $305 | $216.84 | +24.4% | Feb 21, 2022 |
| KeyBanc | Jason Celino | $300 | $233.38 | +22.3% | Feb 15, 2022 |
| Credit Suisse | Philip Winslow | $440 | $256.9 | +79.4% | Nov 24, 2021 |
| Berenberg Bank | Gal Munda | $400 | $330.55 | +63.1% | Nov 17, 2021 |
| Canaccord Genuity | David Hynes | $295 | $310.19 | +20.3% | Aug 26, 2021 |
Track every rating change on ADSK the moment it posts. Free to start.
Start freeMarket reaction
event-close to next-session close
Stock move
-4.0%
Event window
SPY move
+0.2%
Same window
Abnormal move
-4.2%
Stock minus SPY
Volume
3.8×
Versus trailing sessions
Subsequent drift
-15.6%
Up to 20 sessions
ADSKSPY benchmark
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Try FN2 freeTranscript intelligence
What changed
Revenue of $1.934B beat the consensus estimate of $1.893B by 2.1%. EPS of $2.99 beat the consensus estimate of $2.84 by 5.3%. Management raised full-year FY2027 guidance for both revenue and billings. Autodesk announced a definitive agreement to acquire MaintenX, expected to bring over $135M in annual recurring revenue. The company repurchased $448M in shares during the quarter.
Guidance delta
Management raised FY2027 guidance for both revenue and billings after Q1 results exceeded the high end of the prior outlook. The guidance sentiment was characterized as raised, reflecting confidence in subscription momentum and the strategic expansion into operations.
Key takeaways
- Q1 revenue and EPS beat the high end of guidance, prompting an upward revision to the FY2027 outlook
- The MaintenX acquisition is expected to add over $135M in annual recurring revenue and expand Autodesk's operations portfolio
- Subscription growth of 18% year-over-year and strong renewal rates underpin the business despite reduced multiyear discounting
- Sales reorganization is progressing, though new-transaction model tailwinds are diminishing as the business normalizes
- Share buybacks continued at $448M, with a commitment to maintain FY2026-level repurchase dollars
Management priorities
- Integrate MaintenX into the Autodesk Operations Solutions (AOS) business
- Expand AI capabilities including Autodesk Assistant and MCP infrastructure
- Launch the Building Layout Explorer feature within the Forma suite
- Maintain disciplined share repurchase program and invest in R&D for cloud and AI
- Pursue additional tuck-in acquisitions to round out the operations portfolio
Sources
- Earnings call transcript and parsed analysis · 2026-05-29T15:17:55.232264+00:00
- FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
- Polygon adjusted daily market bars · 2026-07-30T00:51:30.403535+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-07-30T00:51:30.400569+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated . For educational purposes only; not investment advice.