Autodesk rises after higher-than-expected annual revenue forecast

Autodesk

27/02/2026 13:19

** Shares of design software company Autodesk ADSK.O rise 2.4% to $239 premarket

** Co forecasts fiscal 2027 of $8.10 bln to $8.17 bln, above analysts' avg. est. of $7.97 bln - LSEG data

** Sees annual adj. EPS of $12.29-$12.56 vs est. of $11.62

** Co's Q4 results surpass analysts' expectations

** At least four brokerages cut PT on stock post results, including BITG and D.A. Davidson

** ADSK is well‑positioned and insulated as it enters AI era, with strong FY27 outlook driving investor confidence, D.A. Davidson says

** BTIG says co's management noted that outlook already bakes in higher disruption risks from recent customer‑facing restructuring

** As of last close, stock down 21.1% YTD

 (Reporting by Tharuniyaa Lakshmi in Bengaluru)

 ((tharuniyaa@thomsonreuters.com))