Autodesk's Earnings Beat Expectations
(NASDAQ:ADSK), the software company known for its architectural, engineering, and construction design tools, released results for its fiscal 2025 fourth quarter on Feb. 27. Non-GAAP earnings per share (EPS) of $2.29 surpassed Wall Street's consensus estimates by $0.15, while revenue of $1.639 billion was essentially in line with the $1.631 billion expected. Results also exceeded management's own guidance ranges.
Source: Analysts' estimates provided by FactSet.
Autodesk specializes in 3D design, engineering, and entertainment software, and is a leading supplier of titles used by professionals in these fields. It has shifted from selling perpetual software licenses to offering software as a service (SaaS). This transition to a subscription model emphasizes cloud integration, allowing users to access software through the internet without traditional installations. The move to a subscription model allows Autodesk to generate more predictable revenue and helps it stay competitive in an evolving market.
Source Fool.com
Autodesk Inc. Stock
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