Autodesk is a global leader in design software that provides tools and solutions to professionals in various industries, including architecture, engineering, construction, manufacturing, and media. The company specializes in creating software that enables users to design, visualize, and simulate their ideas, enhancing productivity and collaboration throughout the design process. Autodesk's flagship products include AutoCAD, Revit, and Maya, which help users translate creative concepts into detailed plans and 3D models. Committed to innovation, Autodesk also focuses on cloud-based solutions and sustainability, empowering users to tackle complex challenges and improve operational efficiency in their projects. Read More
Autodesk’s third quarter saw notable outperformance, with results surpassing Wall Street’s expectations and a positive market reaction. Management attributed this performance to robust customer adoption across architecture, engineering, construction, and manufacturing, especially amid ongoing investment in data centers and infrastructure projects. CEO Andrew Anagnost credited the company’s ongoing transition to cloud-based platforms and the growing integration of artificial intelligence as key contributors, stating that Autodesk is “building a platform with a vibrant third-party ecosystem that will make our solutions more valuable, enable new monetization opportunities, and make Autodesk more efficient.” Strong execution in the Autodesk store and improved billings linearity also supported the quarterly results.
Generative Artificial Intelligence is no longer a futuristic concept confined to sci-fi scripts; it's a transformative force actively reshaping the very fabric of the film and television industry. With its unprecedented ability to conjure elaborate cinematic worlds from simple text prompts, AI is ushering in a profound "shakeup" that promises to redefine content creation, streamline [...]
Autodesk reported strong Q3 results with double-digit growth in revenue and billings, expanded profitability, and raised full-year outlook due to high demand for AEC and cloud-based design tools.
Wondering what's happening in today's session regarding gap up and gap down stocks? Explore the S&P500 index on Wednesday to uncover the stocks that are gapping in the S&P500 index.
Before the US market kicks off on Wednesday, let's examine the pre-market session and unveil the notable performers among the S&P500 top gainers and losers.
U.S. stock futures rose on Wednesday after Tuesday’s advances. Futures of major benchmark indices were higher. The three-day winning streak comes amid a holiday-shortened week, as the markets will be closed on Thursday and open till 1:00 p.m. ET on Friday.
Autodesk's fiscal Q3 results showed an 85% surge in direct sales and stronger-than-expected revenue and earnings, with the company saying the growth aligns with its planned shift toward a more direct, globally driven sales model.
3D design software company Autodesk (NASDAQ:ADSK) reported revenue ahead of Wall Streets expectations in Q3 CY2025, with sales up 18% year on year to $1.85 billion. Guidance for next quarter’s revenue was optimistic at $1.91 billion at the midpoint, 2.6% above analysts’ estimates. Its non-GAAP profit of $2.67 per share was 6.9% above analysts’ consensus estimates.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the design software industry, including Adobe (NASDAQ:ADBE) and its peers.
3D design software company Autodesk (NASDAQ:ADSK) reported Q3 CY2025 results topping the market’s revenue expectations, with sales up 18% year on year to $1.85 billion. Guidance for next quarter’s revenue was optimistic at $1.91 billion at the midpoint, 2.6% above analysts’ estimates. Its non-GAAP profit of $2.67 per share was 6.9% above analysts’ consensus estimates.
Autodesk Inc (NASDAQ: ADSK) is expected to report Q3 results slightly below consensus estimates but within guidance range. Revenue growth driven by AEC and AutoCAD.
The year 2025 marks a profound inflection point where Artificial Intelligence (AI) has transcended its traditional role in software development to become an indispensable, transformative force across the entire spectrum of Science, Technology, Engineering, and Mathematics (STEM). No longer merely a tool for automating programming tasks, AI is now a co-investigator, a co-partner, and a [...]
Wall Street is overwhelmingly bullish on the stocks in this article, with price targets suggesting significant upside potential.
However, it’s worth remembering that analysts rarely issue sell ratings, partly because their firms often seek other business from the same companies they cover.
