Autodesk, Inc. (ADSK) earnings on August 27, 2026

After the market closes Q2 2026

More Autodesk, Inc. earnings

Prior outlook: No statistical edge

The stock rose early but fell sharply by the close. Even though cloud sales were stronger than expected, investors worried about the company's cost outlook.

ADSK price around the earnings

260.66

Change: -3.7%

2026-08-28, 20:00 UTC

Start of the measured window End of the measured window
249.00 256.53 264.07 271.60 270.58
Price series around the eventClosing price per minute from before the event to the end of the measured window.No trading (market closed)
August 27, 2026 August 28, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • No trading (market closed)
  • Starting price
Price series around the event

Prior thesis

Prior outlook: No statistical edge

Thesis published
Results released

Strong analyst support but the scenario points neutral

Analysts have upgraded the stock with a higher price target, and the company has a strong recent record of beating earnings expectations. However, the stock has already rallied significantly ahead of earnings, which means much of the good news may already be reflected in the current price.

Context analyzed before publication

Summary
Strong analyst support but the scenario points neutral
Playbook
The stock has gained about 20% over the past 30 days and cases near its 52-week high at $270.64, above the $255.40 resistance level. The average analyst price target points to an optimistic scenario, and the company has beaten earnings expectations in all 4 recent quarters.
Trend
Rally moderated into earnings, expectations high

Analysts

Drivers

  • Analysts Positive

    Baird upgraded to Outperform with $325 target (up from prior); strong_buy mean 1.50, 34 analysts covering.

Evidence

Analyst consensus
Strong buy
Consensus average (1-5)
1.5
Analysts covering the stock
34
Average price target
314.57
Lowest price target
220.5
Highest price target
456
Upside to price target
16.7%
Quarterly earnings growth
223%
Revenue growth
18.4%
Forward EPS
14.23
Trailing EPS
6.85
Analyst moves in the last 60 days
5
  • Strong buy: 6
  • Buy: 24
  • Hold: 6
  • Sell: 0
  • Strong sell: 0
Strong buy
6
Buy
24
Hold
6
Sell
0
Strong sell
0
  • August 21, 2026 · Baird: Maintains rating (Outperform → Outperform)
  • August 20, 2026 · Citigroup: Maintains rating (Neutral → Neutral)
  • August 20, 2026 · Guggenheim: Maintains rating (Buy → Buy)
  • August 11, 2026 · Goldman Sachs: Initiates coverage (Sell → Neutral)
  • July 23, 2026 · Guggenheim: Initiates coverage (Buy)

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
High
Normalized volume
99%
News
Sources (6)

Technicals

Drivers

  • Technical Negative

    Price $270.64 above resistance $255.40, near 52w high; IV 2.1250 implies 11.12% move.

Evidence

Price when the context was analyzed
254.77
Average true range (ATR)
3.2%
Distance to 52-week high
-17.5%
14-day change (14d)
+2.1%
30-day change (30d)
+12.8%
30-day relative strength
+8.5%
QQQ change (30d)
+4.3%
Nearest support
253.98
Distance to nearest support
0.3%
Nearest resistance
255.4
Distance to nearest resistance
0.3%
Volume accumulation ratio (14d / 46d)
0.56
  • Mid: 253.98 (0.3% away, 0.1 ATR, 15 touches)
  • Major: 252.5 (0.9% away, 0.28 ATR, 34 touches)
  • Major: 250.16 (1.8% away, 0.56 ATR, 42 touches)
  • Major: 255.4 (0.3% away, 0.08 ATR, 30 touches)
  • Major: 256.95 (0.9% away, 0.26 ATR, 27 touches)
  • Major: 259.46 (1.8% away, 0.57 ATR, 25 touches)

Trends

Evidence

Average earnings surprise
+6.7%
  • May 28, 2026: actual EPS 2.99 vs estimate 2.84 (surprise +5.2%)
  • February 26, 2026: actual EPS 2.85 vs estimate 2.64 (surprise +7.8%)
  • November 25, 2025: actual EPS 2.67 vs estimate 2.5 (surprise +6.9%)
  • August 28, 2025: actual EPS 2.62 vs estimate 2.45 (surprise +7.0%)

Expected move

Drivers

  • Past earnings Positive

    100% beat rate over 4 quarters, avg surprise +6.7% — consistent execution.

Implied move
+11.1%
Source
Options chain

Reactions over its last 20 earnings

Median move
3.6%
75th percentile move
8.6%
90th percentile move
10.8%
Up / down moves
11 / 9
Average up move
+3.2%
Average down move
-7.7%

Monitoring and close

What Autodesk, Inc. reported

Status
Finished
Actual EPS3.3
EPS estimate3.12
EPS surprise+5.6%

Autodesk reported second-quarter results that beat expectations. The company raised its FY2027 sales guidance. Third-quarter adjusted earnings guidance came in slightly below estimates.

Sources (16)

Pre-market second reading after the results

There is no second reading available for this event.

How the stock reacted

Consolidated
-3.7%
Max move
-8.3%

No verdict: the outlook took no direction, so there is nothing to score as a hit or a miss.