Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Autodesk, Inc.    ADSK

AUTODESK, INC.

(ADSK)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Autodesk : Raises Fiscal Year Profit Targets, Narrows Sales Expectations

11/24/2020 | 04:59pm EST

By Kimberly Chin

Autodesk Inc. raised its full-year earnings forecast but narrowed its sales estimates.

The software services company expects fiscal 2021 earnings to be between $1.86 a share and $1.92 a share, up from its prior forecast of $1.63 to $1.81 a share. Excluding stock-based compensation, amortization and other items, adjusted earnings is predicted to be in the range of $3.91 to $3.97 a share, higher than the $3.72 to $3.90 a share it previously projected.

Autodesk raised the low end of its revenue guidance to $3.75 billion to $3.77 billion for the year, from its previous target between $3.72 billion and $3.77 billion. Autodesk also narrowed its billing forecast to $4.07 billion to $4.13 billion from its prior target around $4.07 billion to $4.17 billion.

For the current quarter, the company expects earnings between 53 cents to 59 cents a share and revenue around $999 million to $1.01 billion. On an adjusted basis, fourth-quarter earnings is projected to be in the $1.04 to $1.10 range.

Write to Kimberly Chin at kimberly.chin@wsj.com

(END) Dow Jones Newswires

11-24-20 1658ET

All news about AUTODESK, INC.
01/15AUTODESK : Employees Celebrate a Year of Giving Back
PU
01/15AUTODESK : Credit Suisse Adjusts Autodesk's Price Target to $340 from $275, Keep..
MT
01/14AUTODESK : Oppenheimer Adjusts Autodesk PT to $350 From $300, Maintains Outperfo..
MT
01/12AUTODESK : Construction Cloud Increasingly Adopted by Leading Infrastructure Con..
PR
01/07AUTODESK : Netfabb Joins Fusion 360 Family, Better Uniting Additive Manufacturin..
PU
01/07AUTODESK : Veteran Autodesker Promoted to Lead Media & Entertainment Group
PU
01/06AUTODESK : Barclays Adjusts Autodesk PT to $324 From $295, Maintains Overweight ..
MT
01/05AUTODESK : KeyBanc Adjusts Autodesk's Price Target to $345 From $310, Maintains ..
MT
2020AUTODESK : Applauds Customer Excellence in Artistry in Media & Entertainment Ind..
PU
2020AUTODESK : Sponsors Independent Report Offering Customer & Employee Strategies f..
PU
More news
Financials (USD)
Sales 2021 3 761 M - -
Net income 2021 423 M - -
Net cash 2021 255 M - -
P/E ratio 2021 161x
Yield 2021 -
Capitalization 67 838 M 67 838 M -
EV / Sales 2021 18,0x
EV / Sales 2022 15,4x
Nbr of Employees 10 100
Free-Float 99,4%
Chart AUTODESK, INC.
Duration : Period :
Autodesk, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AUTODESK, INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 305,35 $
Last Close Price 308,51 $
Spread / Highest target 19,9%
Spread / Average Target -1,02%
Spread / Lowest Target -35,8%
EPS Revisions
Managers and Directors
NameTitle
Andrew Anagnost President, Chief Executive Officer & Director
Stacy J. Smith Non-Executive Chairman
Steven M. Blum Senior Vice President-World Wide Field Operations
Scott Borduin Chief Technology Officer & Senior Vice President
Mary T. McDowell Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
AUTODESK, INC.1.04%67 838
ADOBE INC.-8.41%219 283
TWILIO INC.14.82%58 691
WORKDAY INC.-7.12%53 597
ROPER TECHNOLOGIES, INC.-4.52%43 168
ELECTRONIC ARTS INC.-3.20%40 290