Parradee KietsirikulIntroduction & Investment Thesis Autodesk (NASDAQ:ADSK) is a software platform for 3D design for engineering, construction, manufacturing, and media industries, where it enables its customers to optimize their designs, improve quality, and gain efficiency. The company has underperformed the S&P 500 and Nasdaq 100 YTD. The company is set to report its Q2 FY25 earnings on August 29, where revenue and non-GAAP EPS are expected to grow 10% and 5% YoY, respectively. While an earnings beat ...

In its upcoming report, Autodesk (ADSK) is predicted by Wall Street analysts to post quarterly earnings of $2 per share, reflecting an increase of 4.7% compared to the same period last year. Revenues are forecasted to be $1.48 billion, representing a year-over-year increase of 10.2%.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this ...

In the latest trading session, Autodesk (ADSK) closed at $250.13, marking a -0.39% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 0.2%. On the other hand, the Dow registered a loss of 0.15%, and the technology-centric Nasdaq decreased by 0.34%.The design software company's stock has climbed by 2.39% in the past month, exceeding the Computer and Technology sector's gain of 0.96% and the S&P 500's gain of 1.93%.Analysts and investors alike will be keeping a close ey ...

3D printing doesn’t exactly conjure up the image of manufacturing. Yet, that’s exactly what it is — only this time, it involves special computer-controlled lasers that build up items from scratch. The more descriptive moniker for this technology is additive manufacturing, seeing as it’s the opposite of traditional, subtractive manufacturing that involves cutting away material to achieve a final product.More companies are now going for 3D printing because it allows them to create more intricate designs that ...

Charleston, South Carolina, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Poulin Willey Anastopoulo, LLC is investigating potential claims on behalf of Autodesk, Inc (“Autodesk” or the “Company”) (NASDAQ:ADSK) against certain of its officers and directors. If you are a current holder/owner of Autodesk securities, you may have standing to recover on behalf of the Company (and its current shareholders) by making the officers and directors who caused the harm personally liable. You also may be able to assist in improving ...

Metaverse stocks won’t make you an overnight millionaire. But with a good deal of patience, they could still make you some good money.Precedence Research predicts the global metaverse market could be worth nearly $2.3 trillion by 2033 from $92.46 billion in 2023. Also, corporate giants are racing to use the technology. That includes IKEA, McDonald’s (NYSE:MCD), Hugo Boss (OTCMKTS:BOSSY), Nike (NYSE:NKE), Adidas (OTCMKTS:ADDYY) and Walmart (NYSE:WMT) to name a few. Even governments in the UK, South Korea and ...

Activist investor Starboard Value has been engaging with the board of Autodesk, continuing its push to improve the company's operations and financial performance, according to a presentation viewed by CNBC.Starboard wants Autodesk's board to reassess whether CEO Andrew Anagnost, who has helmed the software maker for seven years, is the right person to lead the company forward, according to the presentation.The activist investor has shared the presentation's findings with Autodesk's board in recent weeks, af ...

SAN FRANCISCO, Aug. 6, 2024 /PRNewswire/ -- Today, Autodesk announced that it has been named the Official Design and Make Platform of the LA28 Olympic and Paralympic Games and Team USA. Over the next four years, Autodesk's software – used by designers, engineers, builders, and creators – will support LA28's more than $1 billion temporary overlay and construction plan, incorporating sustainable design principles. Autodesk is the Official Design and Make Platform of the LA28 Olympic and Paralympic Games and T ...

Second quarter fiscal 2025 financial results conference call to be held Thursday, August 29, 2024, 2 p.m. PTSAN FRANCISCO, Aug. 2, 2024 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today announced it will share its second quarter fiscal 2025 financial results conference call via its website on Thursday, August 29, 2024, at 2 p.m. Pacific Time. Join the live webcast call here: autodesk.com/investors. An audio replay of the webcast will be available after 5 p.m. PT at autodesk.com/investors.More information ...

Autodesk (ADSK) closed the most recent trading day at $242.58, moving +0.71% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.08%. On the other hand, the Dow registered a loss of 0.12%, and the technology-centric Nasdaq increased by 0.07%.Coming into today, shares of the design software company had lost 2.66% in the past month. In that same time, the Computer and Technology sector lost 4.62%, while the S&P 500 lost 0.21%.Market participants will be closely following the fi ...