ADSK Earnings: Autodesk Jumps after Topping Estimates

Shares of Autodesk (ADSK) jumped in after-hours trading after the software company reported earnings for its first quarter of Fiscal Year 2026. Earnings per share came in at $2.29, which beat analysts’ consensus estimate of $2.15 per share. In addition, sales increased by 14.8% year-over-year, with revenue hitting $1.63 billion. This also beat analysts’ expectations of $1.61 billion.

The Architecture, Engineering, Construction, and Operations segment led the growth with $809 million in revenue, which was up 20%. This was followed by AutoCAD, which brought in $411 million, while the Manufacturing segment generated $309 million. In addition, Media and Entertainment contributed $76 million. All these segments grew year-over-year and continued the firm’s longer-term trend of steady and consistent growth, as per the image below.

2026 Outlook

Looking forward, management has provided the following guidance for 2026:

• Q2 revenue between 1.72 billion and $1.73 billion versus estimates of $1.7 billion
• Q2 EPS of $2.44 to $2.48 compared to expectations of $2.34
• FY26 revenue between $6.925 billion and $6.995 billion versus estimates of $6.926 billion
• FY26 EPS of $9.50 to $9.73 compared to expectations of $9.51

As you can see, guidance was better than expected, which, along with today’s solid results, contributed to the stock’s after-hours move.

Is ADSK a Good Stock to Buy?

Turning to Wall Street, analysts have a Strong Buy consensus rating on ADSK stock based on 15 Buys, five Holds, and zero Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average ADSK price target of $325.26 per share implies 10.3% upside potential. However, it’s worth noting that estimates will likely change following today’s earnings report.

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