Autodesk Surges to 175th in Trading Volume with $536 Million Day Despite Stock Decline

Generated by AI AgentAinvest Market Brief
Wednesday, May 21, 2025 8:00 pm ET1min read

On May 21, 2025,

(ADSK) experienced a significant trading volume of $536 million, marking a 31.15% increase from the previous day. This surge placed Autodesk at the 175th position in terms of trading volume for the day. However, the stock price declined by 0.98%, marking the third consecutive day of losses, with a total decrease of 1.73% over the past three days.

Autodesk is scheduled to announce its first-quarter fiscal 2026 earnings on May 22. Analysts anticipate earnings per share (EPS) of $2.15, representing a 15% year-over-year increase, and revenue of $1.61 billion, a 13.4% year-over-year growth. The company has a strong track record, with an 88% EPS beat rate.

Citi analyst Tyler Radke recently raised the price target for Autodesk stock to $374 from the previous target of $346, maintaining a positive outlook on the company's prospects. This adjustment reflects the analyst's confidence in Autodesk's future performance and growth potential.

For the fiscal year ending in January 2026, analysts project Autodesk's EPS to grow by 14.5% year-over-year to $6.71. The company's history of earnings surprises further supports the positive sentiment surrounding its stock.

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