Autodesk Q4 revenue rises 19%, beats analyst expectations

Overview

• Design software firm's fiscal Q4 revenue grew 19%, beating analyst expectations

• Adjusted EPS for fiscal Q4 beat consensus, driven by AECO performance

• Company fiscal 2027 guidance reflects strong business momentum and prudence for risks

Outlook

• Autodesk projects Q1 FY27 revenue between $1.885 bln and $1.900 bln

• Company expects FY27 revenue between $8.1 bln and $8.17 bln

• Autodesk anticipates FY27 GAAP EPS between $7.76 and $8.39

Result Drivers

• AECO PERFORMANCE - Strong performance in AECO, particularly in construction and emerging markets, drove revenue growth

• BILLINGS EXCEEDED EXPECTATIONS - EBA and product subscription billings, linearity of billings, and upfront revenue all exceeded expectations

Company press release: ID:nPnbj78KVa

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 29 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the software peer group is "buy"

• Wall Street's median 12-month price target for Autodesk Inc is $365.00, about 62.4% above its February 25 closing price of $224.81

• The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 27 three months ago

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