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Autodesk, Inc. (ADSK)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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239.19-13.22 (-5.24%)
At close: 04:00PM EST
237.50 -1.69 (-0.71%)
After hours: 07:56PM EST
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  • I
    Irene
    Top Trades For December 2021 👀🔥📈 >>

    https://chart-analysis.tools/top-trade-idea
  • R
    Ren
    Is it worth buying at this price $255?
  • R
    RJ
    300 by end of Week
  • M
    M.
    Great buying opportunity for those who can hold a stock for more than three minutes.
  • b
    bigbear
    Did a total double down at $252. My opinion 30 days from now we should be around $285. The ER was not really a bad report. Smart money will be riding it to higher prices. If you remember earnings 3 months ago that was the bottom of the last report. The first wave of Infrastructure will be creating "Blue prints" that is what each project will need to get started. The money has been passed, soon the work will begin.
    Time to ride a good bounce back up to better prices.
  • b
    bigbear
    Hope the CEO has not leaked the Earnings to the big "Money Runners". I have owned companies that pull that trick. They do it to protect them, when Earnings are not up to snuff. They throw the retail investor under the "Bus"!! We will find out today, the selling is not a good sign.
  • S
    Stephen
    I had a feeling I should have sold when it went right back to $330 so fast. I just doubled down with my last monthly contribution of the year.
  • C
    Carolina Racers
    "However, supply chain disruption and resulting inflationary pressures, a global labor shortage, and the ebb and flow of Covid, are impacting the pace of our recovery and outlook."

    I don't know, this statement seems very generic on the surface and every company is experiencing these concerns in varying degrees.
  • K
    Kieran
    FY 22 guidance reduced significantly. Beat on Q3 but as always with forward looking growth companies any change to guidance/growth rate can cause significant drops. Potentially good buying opp
  • T
    TheLegendIsSuffice
    When you see a stock go from $340 to $300 right before earnings they were leaked and people are making billions short
  • T
    TheLegendIsSuffice
    So satisfying being short and taking money from rich insiders and shareholders who failed to do their jobs properly.......didn’t ADSK warn a few months ago too when the stock crashed from 344 to 268? You would figure people would learn from their failures, guess not.
  • b
    bigbear
    Should bounce to $282 with out any problems. Way over sold. The street was looking for a stock to pick last week, it was ADSK. Lots of support at $282, and way under valued there. The last report was not that bad, beat on Top line and Bottom line. A hair soft on guidance. One month back to $285, the next month looking at $300.. So over done...
  • M
    Merrion
    missed last earnings report stilock not performing well near 52 week low
  • B
    Bei
    I still believe ADSK is dominant in the industry, and a good company.

    Though holding ADSK, I do think it will dip much more.. Those who still holding, stay strong and hold, and monitor a few more days before average down. jus my personal opinion!
  • b
    bigbear
    The whole market took a nose dive, I was mowing grass. I need to see why it turned south. Somebody said something!
  • J
    Jack
    Isn't the ER good?
  • R
    R802
    Better hope $270 holds during real trading hours or we will see the next leg down.
  • s
    stockpolitic
    I do believe I will be adding a little bit by a little bit to my position.........Although a rather small holdings already, going down this much will be somewhat painful anyways, but I like the company, and I have a nice gains locked in already.......but yeah, I will look to add some more near 250...
  • M
    Maher
    CFRA REITERATES STRONG BUY ON SHARES OF AUTODESK, INC.
    6:55 pm ET November 24, 2021 (CFRA)
    We cut our target by $18 to $358 due to the following: 1) solid results in FY 3Q22 (Oct.-Q), with 18% Y/Y revenue growth (vs. 12% in 1Q and 16% in 2Q) and 21% subscription growth; 2) Remaining Performance Obligation (RPO), a leading growth indicator, was +18% Y/Y, with current RPO (next 12 months) +21%; 3) management raised FY 22 mid-point EPS guidance by $0.03 to $5.01 but trimmed the high end by $0.02 to $5.04 and increased midpoint revenue guidance by just $2m; 4) solid Y/Y operating margin expansion of 2% to 32%, with the potential for further expansion; 5) overly negative investor reaction with shares down 17% post earnings, a buying opportunity as we see no change in either the key secular growth drivers or ADSK fundamentals. Our target is a product of our $7.00 EPS forecast for '23, down $0.21, and a 51.2x P/E (2-year mean). Revenue of $1.23B, +18% Y/Y, beat consensus by $6M; EPS of $1.33, +28% Y/Y, beat by $0.06. We cut our EPS forecasts for '22 by $0.18 to $5.09 and for '24 by $0.27 to $9.13.
  • A
    A
    Either way you look at it, ADSK will be dead money for a while… it needs probably 2 weeks to start the rebound process.