Autodesk shares surge 12.43% in premarket after strong Q2 earnings and raised guidance.

Autodesk, Inc. surged 12.43% in premarket trading, driven by strong Q2 2026 earnings report, revenue growth of 17% to $1.76 billion, and better-than-expected adjusted EPS of $2.62. The company also raised its fiscal year 2026 revenue forecast to $7.025 billion to $7.075 billion and adjusted EPS guidance to $9.80 to $9.98. Additionally, Barclays and Oppenheimer reaffirmed their buy ratings and raised their price targets to $385 and $375, respectively.