Autodesk Q2 revenue beats estimates, lifts outlook

Autodesk

27/08/2026 21:12

Overview
Design software firm's fiscal Q2 revenue rose 16%, beating analyst expectations
Adjusted EPS for fiscal Q2 beat consensus
Company raised fiscal 2027 billings and revenue growth guidance, citing MaintainX acquisition

Outlook
Autodesk sees Q3 revenue between $2.125 bln and $2.140 bln
Company expects FY27 revenue of $8.295 bln to $8.345 bln
Autodesk raises FY27 billings and revenue growth guidance, citing higher growth and MaintainX

Result Drivers
PRODUCT SEGMENT GROWTH - Co reported double-digit revenue growth across Design, Make, and product families including AECO, AutoCAD, MFG, and M&E
MAINTAINX ACQUISITION - Co cited incremental contribution from MaintainX acquisition as a factor in higher billings and revenue guidance

Company press release: ID:nPnV3qh7a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$2.05 bln
$2.01 bln (26 Analysts)
Q2 Adjusted EPS
Beat
$3.30
$3.12 (27 Analysts)
Q2 EPS
 
$2.33
 
Q2 Adjusted Operating Margin
 
41.00%
 
Q2 Operating Margin
 
29.00%
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 32 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for Autodesk, Inc. is $305.00, about 19.7% above its August 26 closing price of $254.77
The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 18 three months ago

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)