Autodesk stock trades at USD 209.40 after Q2 growth

Published on 09/28/2026 at 14:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Autodesk stock reflects fiscal Q2 2027 revenue of USD 2.046 billion, up 16.00 percent year over year. Guggenheim kept a USD 283.00 target on September 21, 2026.

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Autodesk (ISIN US0527691069) closed at USD 209.40 on Nasdaq on September 25, 2026, down 0.92 percent from the prior close. The software company delivered fiscal second-quarter revenue of USD 2.046 billion, up 16.00 percent year over year, but its contract backlog grew more slowly.

Revenue rises while RPO lags

According to Morningstar on August 27, 2026, GAAP diluted earnings per share reached USD 2.33 in fiscal Q2 2027, up USD 0.87 from the prior-year quarter. GAAP operating margin expanded to 29.00 percent from 25.00 percent, while non-GAAP operating margin reached 41.00 percent.

The main counterpoint is remaining performance obligations. Yahoo Finance reported that total RPO increased 2.00 percent to USD 7.433 billion, compared with 12.00 percent growth in current RPO to USD 5.245 billion. The difference reflects Autodesk's reduced use of discounts on multiyear contracts and makes contract duration an important measure alongside revenue growth.

Analysts weigh AI execution

Guggenheim reiterated a Buy rating and a USD 283.00 price target after Autodesk University, according to Investing.com on September 21, 2026. The target stands USD 73.60 above the September 25 price, a 35.18 percent premium to the share price.

A more cautious view came from Cantor Fitzgerald. MarketScreener reported on September 15, 2026, that the firm initiated coverage at Neutral with a USD 215.00 price target. That target is USD 5.60 above the reference price, leaving the debate centered on AI monetization, pricing discipline and the integration of MaintainX.

Stock stays below yearly high

Autodesk stock remains 35.80 percent below its USD 326.20 52-week high and 12.88 percent above its USD 185.50 low. The September 25 Nasdaq session showed a day range of USD 209.05 to USD 214.26 and volume of 1,877,547 shares.

At USD 209.40 on Nasdaq on September 25, 2026, Autodesk had a market capitalization of USD 44.2 billion. The next valuation checkpoint is the company's fiscal Q3 revenue outlook of USD 2.125 billion to USD 2.140 billion, which includes MaintainX.