Autodesk's $450M Volume Ranks 281st as Stock Slumps 2.2% on AI and Cloud Challenges

On October 10, 2025, Autodesk (ADSK) traded with a volume of $0.45 billion, ranking 281st in market activity for the day. The stock closed down 2.20%, reflecting mixed investor sentiment amid sector-specific dynamics.

Recent developments highlight Autodesk’s strategic focus on AI-driven design tools, with the company announcing a partnership to integrate generative design capabilities into its BIM 360 platform. This move aims to streamline construction workflows by automating repetitive tasks, potentially enhancing productivity for enterprise clients. Analysts note the initiative aligns with broader industry trends toward AI adoption but caution that execution risks remain.

Separately, Autodesk reported delayed cloud migration progress for its AutoCAD product line, citing technical challenges in scaling infrastructure to meet surging demand. While the company reiterated its 2026 cloud revenue target of $1.5 billion, the update raised questions about short-term cash flow stability. Institutional investors have reportedly trimmed positions in recent weeks, contributing to the stock’s underperformance relative to peers in the software sector.

To run this back-test robustly I’ll need to nail down a few practical details. If any of these aren’t critical to you, just let me know and I’ll pick reasonable defaults: 1. Universe • Which market(s) do you want to consider when ranking “top-500 by volume”? - All U.S. listed equities (NYSE + Nasdaq + AMEX)? - A specific index membership (e.g., S&P 1500)? - Something else? 2. Trade execution price • Buy at next day’s open and sell at that day’s close (so a 1-day intraday hold)? • Or buy today’s close and sell tomorrow’s close? 3. Transaction costs / slippage • Assume zero costs, or use a per-trade commission/spread? 4. Rebalance calendar • Every trading day from 2022-01-03 to today? Once I have (or default) these, I’ll pull the daily volume data, generate the daily top-500 lists, and run the equal-weight 1-day-hold strategy so we can review returns, volatility, drawdowns, etc. Let me know how you’d like to proceed!