Autodesk rises after higher-than-expected annual revenue forecast

Shares of design software company Autodesk ADSK.O rise 2.4% to $239 premarket

Co forecasts fiscal 2027 of $8.10 bln to $8.17 bln, above analysts' avg. est. of $7.97 bln - LSEG data

Sees annual adj. EPS of $12.29-$12.56 vs est. of $11.62

Co's Q4 results surpass analysts' expectations

At least four brokerages cut PT on stock post results, including BITG and D.A. Davidson

ADSK is well‑positioned and insulated as it enters AI era, with strong FY27 outlook driving investor confidence, D.A. Davidson says

BTIG says co's management noted that outlook already bakes in higher disruption risks from recent customer‑facing restructuring

As of last close, stock down 21.1% YTD