Autodesk Inc. stock gains analyst support after strong Q2 figures
Published on 09/11/2026 at 18:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Autodesk Inc. stock (ISIN US0527691069) is trading in September 2026 against the backdrop of robust fiscal 2027 second quarter results and a supportive analyst consensus, with the shares priced a little above USD 210 on the Nasdaq as of September 10, 2026. As of September 11, 2026, data compiled by MarketBeat show a Moderate Buy consensus rating on Autodesk and an average analyst price target of USD 321.19, implying substantial upside from the current level.
Q2 fiscal 2027 results deliver double-digit growth
For investors, the key fundamental backdrop is Autodesk’s latest set of figures for the second quarter of fiscal 2027, which ended on July 31, 2026. According to an 8-K summary reported by StockTitan, Autodesk generated revenue of USD 2.05 billion in Q2 fiscal 2027, an increase of 16 percent year over year, or 14 percent in constant currency, demonstrating that the company is still in a strong growth phase.
The same filing indicates that billings reached USD 1.85 billion in the quarter, up 10 percent versus the prior-year period, showing that contracted business continues to expand alongside reported revenue. GAAP operating margin improved to 29 percent, up 4 percentage points compared with the previous year’s second quarter, while non-GAAP operating margin rose to 41 percent, up 2 percentage points over the same period, signaling that Autodesk is not only growing the top line but also gaining efficiency.StockTitan
On the earnings side, Autodesk reported GAAP diluted earnings per share (EPS) of USD 2.33 for Q2 fiscal 2027 and non-GAAP diluted EPS of USD 3.30, according to StockTitan. These figures represented increases of USD 0.87 and USD 0.68 respectively over the prior-year quarter, underscoring the leverage in Autodesk’s subscription-based business model. The filing also notes that cash flow from operating activities reached USD 575 million in the quarter, up 25 percent year over year, while free cash flow stood at USD 561 million, up 24 percent, giving the company more flexibility for investment and capital allocation.
Autodesk’s balance of growth and profitability is further reflected in its remaining performance obligations (RPO), which show revenue already contracted but not yet recognized. As outlined by StockTitan, total RPO stood at USD 7.43 billion at the end of Q2 fiscal 2027, up 2 percent year over year, with current RPO growing 12 percent. For investors, this combination of higher current RPO and modest growth in the long-dated portion suggests that near-term revenue visibility is improving even as longer-term commitments remain sizeable.
Guidance and MaintainX acquisition shape the outlook
The same Q2 fiscal 2027 disclosure includes updated guidance for the full fiscal year 2027. According to StockTitan, Autodesk now guides fiscal 2027 revenue to a range between USD 8.30 billion and USD 8.35 billion. At the midpoint, this implies high-teens percentage growth versus the latest annual run rate, consistent with the 16 percent year-over-year revenue increase reported for Q2 fiscal 2027.
From a profitability perspective, the company is targeting a non-GAAP operating margin of about 39 percent for fiscal 2027, alongside non-GAAP EPS in a range of USD 12.52 to USD 12.60, as detailed by StockTitan. Autodesk also expects free cash flow of USD 2.73 billion to USD 2.75 billion for the year, including the impact and transaction costs of the recently closed MaintainX acquisition. For investors, these targets signal that management intends to sustain double-digit growth while keeping margins and cash generation at elevated levels.
The MaintainX acquisition itself is a key strategic element in Autodesk’s current story. As described in the same StockTitan report, Autodesk completed its acquisition of MaintainX Inc. on August 3, 2026, under an Agreement and Plan of Merger first announced in late May 2026. The transaction was executed via Matterhorn Acquisition Corp., a wholly-owned Autodesk subsidiary. MaintainX provides workflows and asset management tools that complement Autodesk’s existing software portfolio, suggesting that the deal could support cross-selling opportunities and deepen Autodesk’s presence in industrial and facilities maintenance segments.
In addition to acquisition activity, Autodesk has recently moved to optimize its balance sheet. As reported by Benzinga on September 10, 2026, Autodesk priced USD 1 billion in senior notes with the stated aim of refinancing an existing term loan. For shareholders, this refinancing can be seen as a way to lock in longer-term funding and potentially improve the maturity profile of Autodesk’s debt, which may reduce refinancing risk and interest expense over time.
Analyst consensus and valuation context
On the equity side, analyst sentiment towards Autodesk remains broadly constructive. According to MarketBeat on September 11, 2026, Autodesk currently carries a Moderate Buy consensus rating based on one Strong Buy recommendation, 24 Buy ratings and six Hold ratings, with no Sell ratings reported. The same overview cites an average price target of USD 321.19, with recent individual targets ranging from USD 276 to USD 355, which signals that Wall Street expects further upside from the shares’ early-September levels.
In a broader sector comparison, a recent analysis from 24/7 Wall St positions Autodesk as a close structural analog to Adobe in the design and creative software space. In that article, Autodesk shares are cited at USD 211.61, down 28.51 percent year to date, while the average analyst target of USD 315.37 implies roughly 49 percent upside. This comparison highlights that, despite the stock’s drawdown in 2026, the consensus still sees more room for recovery in Autodesk than in some peers.
Valuation data from MarketBeat indicate that Autodesk’s market capitalization stands at about USD 44.23 billion with a price-to-earnings ratio around 27.38 based on the current price and trailing non-GAAP earnings. The same source calculates that the consensus price target of USD 321.19 represents approximately 52.2 percent upside from a price point of USD 211.03, reinforcing the conclusion that analysts see the shares as offering significant potential relative to current levels.
Short-term trading dynamics also show Autodesk among notable movers in the large-cap universe. In an S&P 500 movers overview, Trefis lists Autodesk with a year-to-date performance of minus 28.5 percent and a recent move of minus 12.5 percent over a defined comparison period. For investors, this underscores that even though fundamentals and consensus are strong, the stock has been under pressure in 2026, making valuation and entry points a central consideration.
Earnings expectations and key risks
Looking ahead, the next scheduled earnings event is an important checkpoint for Autodesk shareholders. According to the earnings calendar maintained by Zacks, Autodesk’s next earnings release is expected on November 24, 2026, for a quarter ending in October 2026. Zacks reports that the consensus estimate for that quarter’s EPS stands at USD 3.07, which would represent a year-over-year increase of 14.98 percent if achieved.
Zacks also highlights that Autodesk beat expectations in its most recent reported quarter, with EPS of USD 3.30 versus a consensus forecast of USD 3.12, a positive surprise of 5.77 percent.Zacks For investors, this track record of beating or meeting consensus is one factor underpinning confidence in Autodesk’s guidance, though the upcoming quarter will test whether momentum can be maintained as macroeconomic conditions and enterprise spending evolve.
Despite the positive tone of recent results and guidance, there are risks to monitor. The use of USD 1 billion in new senior notes to refinance an existing term loan, as reported by Benzinga, will shape Autodesk’s interest expense and leverage profile in the coming years. Furthermore, Autodesk’s exposure to construction, manufacturing and media sectors means that cyclical slowdowns or delayed project spending could weigh on billings and RPO even if long-term secular trends around digitization remain intact.
Investors also need to factor in the competitive landscape. The comparison by 24/7 Wall St suggests that Autodesk’s upside potential is seen as greater than that of Adobe by consensus, but this also means that expectations are high. Any misstep in product execution, pricing, or integration of acquisitions such as MaintainX could lead to a reassessment of those price targets and the Moderate Buy rating.
Autodesk Inc. stock price and trading levels
Autodesk’s shares are listed on the Nasdaq, and several recent data points frame the current trading picture. A premarket overview from PremarketPrice on September 11, 2026, shows Autodesk at USD 211.61 with a premarket gain of 2.42 percent, corresponding to a move of USD 4.99 compared with a prior reference level. This aligns with a closing price snapshot from Yahoo Finance, which lists Autodesk at USD 211.61 at the close on September 10, 2026, with modest after-hours trading slightly above that level.
A recent article on Ad-hoc-news notes that Autodesk stock closed at USD 207.10 on the Nasdaq on September 10, 2026, down 2.3 percent from the prior session, indicating that the shares have been volatile around the USD 210 mark. In parallel, price and valuation data from MarketBeat show a current price point around USD 211.03, with an associated market capitalization of roughly USD 44.23 billion and upside of more than 50 percent to the average target of USD 321.19.
While full 52-week high and low figures are not explicitly stated in the recent week-filtered sources, the year-to-date performance information from Trefis – showing Autodesk down 28.5 percent in 2026 – implies that the stock is trading markedly below its highs from earlier in the year. For retail investors, this combination of a depressed price level, strong recent financial figures and supportive analyst targets frames Autodesk as a name where the fundamental story is stronger than the share price performance has so far reflected.
Autodesk Inc. stock at a glance
- Company: Autodesk Inc.
- ISIN: US0527691069
- Ticker: ADSK
- Trading venue: Nasdaq
- Price (as of September 10, 2026): 211.61 USD
- Market capitalization: 44.23 billion USD (as of September 11, 2026)
- Sector / Industry: Technology / Software
- Index membership: S&P 500
- Next earnings date: November 24, 2026
