Autodesk stock: buy or sell?

ADSK stock price: $171.01 -1.55% At close on July 16th, 2019

Updated on:
July 16th, 2019

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Autodesk shares slightly fell -1.55% to $171.01 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?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, Autodesk stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean ADSK will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Autodesk stock a buy?

Financial institutions and banks publish stock ratings everyday. At Stocks2.com, we detected 15 ratings published for ADSK stock in the last 30 days.

The general sentiment of these ratings is bullish for ADSK stock, with 8 positive ratings.
Is ADSK a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-4-10KeyCorpn/aOverweight
2019-3-6Argusn/aBuy
2019-3-5ArgusBuyAverage
2019-3-4Wedbushn/aNeutral
2019-3-29Wedbushn/aNeutral
2019-3-26Credit Suisse Groupn/aOutperform
2019-3-21Wedbushn/aNeutral
2019-3-21Evercore ISIn/aBuy
2019-3-1UBS Groupn/aUnderweight
2019-3-1Stifel NicolausBuyIn-Line
2019-3-1Stifel NicolausBuyIn-Line
2019-3-1KeyCorpn/aOverweight
2019-3-1KeyCorpOverweightOverweight
2019-3-1Griffin SecuritiesBuyBuy
2019-3-1Griffin Securitiesn/aBuy

Autodesk stock analysis

Daily outlook

Autodesk ended today at $171.01 and slightly fell a fatal -1.55%.

Autodesk shares slightly fell -1.55% to $171.01 today. From a daily perspective, ADSK is in a short term uptrend after plotting its last bottom ($168.26, on Jul 9th) higher than the previous bottom, and its last top ($175.28, on Wednesday) also over the previous top. Now trading in between its last bottom and last top ADSK might consolidate in a plain range, waiting to break out over $175.28 or down under $168.26. Since SMA100d and SMA200d crossed up on March, ADSK price climbed $18.64 per share (12.23%). Since last July 1st when ADSK stock price broke up the SMA100d line, it gained $8.11 (4.98%). On May, ADSK hit a new all time high, pushing higher than on April tops. Check different trading setups that use ATHs as triggers.

ADSK stock chart (daily)

Weekly outlook

Shares of Autodesk declined a rough -1.83% this week. Early July ADSK boosted an impressive 5.42% in just one week.

Having descending tops is not good news for traders invested in Autodesk. Although it's only a warning signal, investors should be on alert during next weeks to identify possible new signals. Sliding under its previous bottom at would confirm the downtrend path. Not so far away is the last all-time high Autodesk marked late April. By mid March, SMA20w and SMA40w crossed up triggering a rise of 12.23%. Since price and SMA40w lines crossed up by mid January, ADSK climbed $34.27 (25.06%).

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 37,902.20%, with a yearly average of 1,114.80%. If you had invested right after ADSK's IPO a $1,000 in Autodesk stock in 1985, it would worth $379,022.00 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 $172.70

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 12 price forecasts for ADSK stock:
ADSK stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-3-5ArgusRaises Targetn/a$184.00-
2019-3-4WedbushReiterates$131.00$163.0024.4%
2019-3-29WedbushReiteratesn/a$163.00-
2019-3-26Credit Suisse GroupRaises Target$175.00$188.007.4%
2019-3-21WedbushReiteratesn/a$163.00-
2019-3-21Evercore ISIReiteratesn/a$190.00-
2019-3-1UBS GroupRaises Targetn/a$91.00-
2019-3-1Stifel NicolausReiterates$163.00$185.0013.5%
2019-3-1Stifel NicolausRaises Target$163.00$185.0013.5%
2019-3-1KeyCorpRaises Target$168.00$184.009.5%
2019-3-1Griffin SecuritiesReiterates$175.00$188.007.4%
2019-3-1Griffin SecuritiesRaises Target$175.00$188.007.4%
(in average)$164.30$172.705.0%
The price target for Autodesk stock is $172.70, moving in a range between $190.00 and $91.00. In average, analysts' outlook on ADSK price target is positive, upgrading the target by a 5.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

On February, Autodesk presented its financial report, posting a fine climb for the Earnings per Share (EPS). Experts expected $0.18 per share, but 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 boosted an extraordinary 24.95% to $2,569.80 million dollars from $2,056.60 marked in 2018. Likewise, its earnings margin (compared to revenues) skyrocketed to -3.14%, that is $-80.80 million.

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 sales for 2019-Q1, a 11.56% up compared to previous quarter. Reported quarter earnings marked $64.70 million 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 outstanding gain and rocketed a 33.13%. Looking back to recent quarterly results, Autodesk posted 7 positive 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 shares of a company, it's worth to review its ownership structure.

Autodesk shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.17% of all shares.

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$37.6 B$944.0 B$149.2 B$17.7 B$1.0 B
Total shares219.6 M4,600.0 M488.0 M83.9 M116.7 M
Float shares219.4 M4,350.0 M483.9 M83.3 M112.0 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

Tuesday, July 16th, 2019
Open$174.02
Close$171.01
Day range$170.67 - $174.66
Previous close$173.71
Session gain-1.55%
Average true range$3.53
50d mov avg$167.40
100d mov avg$165.46
200d mov avg$152.11
Daily patternlt06a
Weekly pattern lt01a

Autodesk performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We selected Apple, Adobe, ANSYS, 3D Systems, F5 Networks, Nuance Communications, PTC, Synopsys and Trimble as the bechmarking frame for Autodesk stock.
Stock3m6m12m
ADSKAutodesk1.07%20.66%27.32%
AAPLApple1.05%31.93%8.82%
ADBEAdobe12.98%23.51%18.70%
ANSSANSYS13.04%30.43%17.89%
DDD3D Systems-18.37%-21.54%-40.73%
FFIVF5 Networks-10.33%-7.64%-15.00%
NUANNuance Communicat...-1.02%7.10%7.17%
PTC -8.30%2.08%-7.29%
SNPSSynopsys17.18%48.55%48.23%
TRMBTrimble8.00%21.43%27.49%

Autodesk competitors

We chose a few stocks to conform a list of Autodesk competitors to review if you are interested in investing in ADSK:

Latest Autodesk stock news