Autodesk's Trading Volume Surges to $527 Million, Topping the Day's Turnover Rankings

Generated by AI AgentAinvest Market Brief
Thursday, May 15, 2025 8:11 pm ET1min read

On May 15, 2025,

(ADSK) saw a significant increase in trading volume, with a turnover of $527 million, marking a 31.61% rise from the previous day. The stock closed at $295.54, reflecting a modest gain of 0.08%.

Autodesk is anticipated to release its first-quarter 2026 earnings report on May 22, 2025, after the market closes. Analysts predict earnings of $2.14 per share and revenue of $1.61 billion for the quarter. This forecast represents a year-over-year increase of 14.44% in earnings per share.

The company's transition to a subscription model has been successful, and it is now focusing on integrating design and manufacturing within a cloud-based ecosystem, supported by AI technology. This strategic shift is expected to drive growth and provide increasingly valuable solutions to customers.

Autodesk's fourth-quarter profit increased to $303 million, or $1.40 per share, from $282 million, or $1.31 per share, in the same period last year. Adjusted earnings were $2.29 per share, up 10% year-over-year. The bottom-line growth was driven by a 12% increase in revenues to $1.64 billion. Revenues of the core Subscription segment, which accounts for more than 90% of the total business, grew 14% year-over-year.

In February, Autodesk announced plans to lay off around 9% of its workforce to streamline operations as it shifts to direct billing and self-service sales. The company has been facing headwinds to new business growth despite maintaining strong renewal rates.

Autodesk has also announced plans to buy back $1.1 billion to $1.2 billion of shares in fiscal 2026, a 30% to 40% increase compared to fiscal 2025. This move is expected to support the company's stock price and provide additional value to shareholders.

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