Autodesk stock: buy or sell?

ADSK stock price: $153.34 -0.03% At close on September 20th, 2019

Updated on:
September 20th, 2019

3

Autodesk shares remained stable -0.03% to $153.34 today.

Autodesk, Inc. operates as a design software and services company worldwide. It operates through Architecture, Engineering, and Construction; Manufacturing; Platform Solutions and Emerging Business; and Media and Entertainment segments.

Should I buy Autodesk stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. That's why is so important to define your own trading plan that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with Autodesk stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Autodesk stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we collected 15 ratings published for ADSK stock in the last 30 days.

The general sentiment of these ratings is bullish for ADSK stock, with 10 positive ratings.
Is ADSK a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-9-8Evercore ISIn/aBuy
2019-8-28Wells Fargo & Con/aBuy
2019-8-28Stifel Nicolausn/aBuy
2019-8-28Royal Bank of CanadaOutperformPositive
2019-8-28Oppenheimern/aOutperform
2019-8-28KeyCorpn/aOverweight
2019-8-28JPMorgan Chase & Co.n/aNeutral
2019-8-28Griffin Securitiesn/aBuy
2019-8-28Credit Suisse Groupn/aOutperform
2019-8-28Citigroupn/aBuy
2019-8-28Canaccord Genuityn/aBuy
2019-8-28Barclaysn/aOverweight
2019-8-28Bank of AmericaNeutralUnderperform
2019-8-26Wedbushn/aNeutral
2019-8-15Deutsche BankBuyHold

Autodesk stock analysis

Daily outlook

Shares of Autodesk ended today at $153.34 and remained constant a tight -0.03%.

On May, ADSK hit new all time highs, pushing higher previous ATH of $48.16 recorded early November. New ATHs are usual entry points for many trading setups as there aren't higher resistences. Shares of Autodesk ended today at $153.34 and remained constant a tight -0.03%. Since last September 13th when ADSK stock price broke down the SMA200d line, it slid $-2.35 per share (-1.51%). ADSK is retaking the upward trend marking a new rising bottom heading to break out over $159.88.

ADSK stock chart (daily)

Weekly outlook

Autodesk ended this week at $153.34 and remained stable a neutral -0.09%. Early September ADSK skyrocketed a cool 5.01% in just one week. By mid August ADSK plunged a terrible -5.00% in just one week.

Since late July, when ADSK stock price broke down the 40-weeks moving avarage line, it slid $-14.65 per share (-8.72%). Stocks under the 200d moving average line are usually not recommended for average traders. Far behind is the all-time high Autodesk recorded late April and since then the price is -14.31% below that top. Since mid March when SMA20w and SMA40w crossed up, ADSK price gained $0.97 per share (0.64%).

ADSK stock chart (weekly)

Autodesk stock price history

Autodesk IPO was on June 28th, 1985 at $0.45 per share1. Since then, ADSK stock grew a 33,975.60%, with an average of 999.30% per year. If you had invested right after ADSK's IPO a $1,000 in Autodesk stock in 1985, it would worth $339,756.00 today.

1: Adjusted price after possible price splits or reverse-splits.

Autodesk stock historical price chart

ADSK stock reached all-time highs on May with a price of $178.95.

Autodesk stock price target is $173.20

How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we found 13 price targets for Autodesk stock:
ADSK stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-9-8Evercore ISIReiteratesn/a$190.00-
2019-8-28Stifel NicolausLowers Target$185.00$160.00-13.5%
2019-8-28Royal Bank of CanadaLowers Targetn/a$175.00-
2019-8-28OppenheimerLowers Target$190.00$175.00-7.9%
2019-8-28KeyCorpReiterates$196.00$184.00-6.1%
2019-8-28JPMorgan Chase & Co.Lowers Target$165.00$160.00-3%
2019-8-28Griffin SecuritiesLowers Target$193.00$184.00-4.7%
2019-8-28Credit Suisse GroupReiterates$188.00$175.00-6.9%
2019-8-28CitigroupLowers Target$210.00$186.00-11.4%
2019-8-28Canaccord GenuityReiterates$190.00$160.00-15.8%
2019-8-28BarclaysLowers Target$199.00$173.00-13.1%
2019-8-26WedbushReiteratesn/a$164.00-
2019-8-15Deutsche BankDowngrades$180.00$165.00-8.3%
(in average)$189.60$173.20-9.0%
Moving in a range from $190.00 and $160.00, the price target for ADSK stock is $173.20. In average, analysts' outlook on ADSK price target is negative, downgrading the forecast by a -9.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Autodesk reported good results for 2019-Q1 on February. Autodesk soared Earnings per Share (EPS) by 11.10%, beating experts of $0.18. Autodesk posted $0.20.
ADSK earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a-0.59n/a
2017-Q3-n/a-0.65n/a
2017-Q42018-03-06-0.11-0.09n/a
2018-Q12018-03-06-0.33-0.36n/a
2018-Q22018-05-24-0.18-0.19n/a
2018-Q32018-08-23-0.06-0.06n/a
2018-Q42018-11-200.040.01-75.0%
2019-Q12019-02-280.180.211.1%
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2019, Autodesk annual sales skyrocketed a super good 24.95% to $2,569.80 million USD from $2,056.60 marked in 2018. When comparing 2019 vs 2018, similarly, profit margin (that is, the net income divided by revenues) rocketed a 24.42% to -3.14%.

ADSK annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2014$2,260 M-$229 M10.1%-
2014$2,500 M10.62%$82 M3.3%-64.25%
2015$2,512 M0.49%$82 M3.3%0.00%
2015$2,460 M-2.08%$-330.50 M-13.4%-504.03%
2016$2,504 M1.79%$-330.50 M-13.2%0.00%
2016$2,020 M-19.33%$-582.10 M-28.8%76.13%
2017$2,031 M0.54%$-582.10 M-28.7%0.00%
2017$2,050 M0.94%$-566.90 M-27.7%-2.61%
2018$2,057 M0.32%$-566.90 M-27.6%0.00%
2019$2,570 M24.95%$-80.80 M-3.1%-85.75%

Quarterly financial results

Autodesk posted $737.30 M in revenues for 2019-Q1, a 11.56% up compared to previous quarter. Reported quarter income marked $64.70 M with a profit margin of 8.78%. Profit margin boosted a 12.36% compared to previous quarter when profit margin was -3.59%. When comparing revenues to same quarter last year, Autodesk sales marked an astounding growth and skyrocketed a 33.13%. Looking back to recent quarterly results, Autodesk posted 7 negative quarters in a row.
ADSK quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$484 M-$-129.60 M-26.8%-
2017-Q3$499 M3.16%$-144.00 M-28.9%11.11%
2017-Q4$515 M3.27%$-119.80 M-23.2%-16.81%
2018-Q1$554 M7.47%$-173.50 M-31.3%44.82%
2018-Q2$560 M1.10%$-82.40 M-14.7%-52.51%
2018-Q3$612 M9.25%$-39.40 M-6.4%-52.18%
2018-Q4$661 M8.04%$-23.70 M-3.6%-39.85%
2019-Q1$737 M11.56%$64.70 M8.8%-373.00%

Autodesk ownership

When you are planning to invest in a company, it's always worth to have a look its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Autodesk, 0.17% of all outstanding shares are owned by its staff.

Bearish positions for ADSK stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Autodesk:

ADSKAAPLADBEANSSDDD
Market cap$33.7 B$998.7 B$134.9 B$18.4 B$985.4 M
Total shares219.6 M4,520.0 M485.4 M84.1 M118.2 M
Float shares219.2 M4,260.0 M483.7 M83.4 M113.5 M
  - Institutional holdings (%)98.7%61.0%88.9%98.2%69.9%
  - Insider holdings (%)0.2%0.1%0.3%1.2%4.0%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

Autodesk summary

Friday, September 20th, 2019
Open$153.14
Close$153.34
Day range$151.43 - $154.26
Previous close$153.38
Session gain-0.03%
Average true range$4.14
50d mov avg$153.95
100d mov avg$160.73
200d mov avg$155.62
Daily patternlb02a
Weekly pattern lt03a

Autodesk performance

To better understand Autodesk performance you must becnhmark its gains with other related stocks in same sector or industry. In the following table, we compare Autodesk performance to Apple, Adobe, ANSYS, 3D Systems, F5 Networks, Nuance Communications, PTC, Synopsys and Trimble:
Stock3m6m12m
ADSKAutodesk-10.27%-0.57%0.62%
AAPLApple11.58%16.54%3.09%
ADBEAdobe-7.16%7.02%6.53%
ANSSANSYS9.00%23.63%20.04%
DDD3D Systems-6.82%-23.49%-55.76%
FFIVF5 Networks-4.58%-9.92%-29.53%
NUANNuance Communicat...2.01%-0.42%-0.65%
PTC -23.78%-27.28%-34.29%
SNPSSynopsys5.34%23.04%36.79%
TRMBTrimble-11.15%-2.21%-11.64%

Autodesk competitors

One check before investing in any stock is to review a list of its competitors, in this case for Autodesk. We picked 9 companies as Autodesk competitors as they are in the same industry or have similar market objectives.

Latest Autodesk stock news