Autodesk's Trading Volume Surges to $944 Million, Topping the Day's Market Activity

On May 23, 2025, Autodesk's trading volume reached $944 million, marking a 34.78% increase from the previous day. The company's stock price rose by 0.12%, extending its two-day winning streak with a total gain of 0.83%.

Following the release of its first-quarter results, Oppenheimer analysts raised their price target for Autodesk stock to $350 from $300, while maintaining an 'Outperform' rating. This adjustment reflects the company's strong performance and positive outlook.

Autodesk reported a 15% increase in first-quarter revenue, reaching $1.6 billion. On a constant currency basis, the growth was even more impressive at 16%. This robust performance underscores the company's ability to navigate macroeconomic uncertainties and deliver consistent growth.

In response to the better-than-expected first-quarter results, Autodesk has revised its fiscal year 2026 guidance. The company now expects full-year earnings to range between $9.50 and $9.73 per share, with revenue projected to be between $6.93 billion and $7 billion. This upward revision in guidance reflects the company's confidence in its future performance and its ability to capitalize on market opportunities.