Autodesk stock falls after earnings beat and guidance

Autodesk Inc. stock (ISIN US0527691069) traded at USD 237.52 on September 4, 2026, after a 52-week range of USD 185.50 to USD 329.09 and a market capitalization of USD 49.64 billion. The move followed the software group's August 27, 2026 quarter, when earnings came in at USD 3.30 per share and revenue reached USD 2.05 billion.

Quarter beats estimates

MarketBeat said Autodesk's August 27, 2026 results topped the consensus estimate by USD 0.18 per share, with revenue USD 40 million above expectations. The same report put net margin at 21.08 percent and return on equity at 58.63 percent, which frames the debate around valuation rather than the quality of the print.

The latest consensus view points the other way on price: MarketBeat listed a Moderate Buy rating and an average target of USD 321.19, while TipRanks cited a Buy rating from Argus Research on September 1, 2026 and a target of USD 355.00. That leaves the stock well below both targets even after the earnings release.

Guidance stays firm

Autodesk also guided FY 2027 EPS to USD 12.520 to USD 12.600 and Q3 2027 EPS to USD 3.040 to USD 3.090. Compared with the reported Q2-style quarter EPS of USD 3.30 on August 27, 2026, the Q3 guide implies a softer near-term step, but the full-year range still points to steady earnings power.

The revenue line matters just as much: USD 2.05 billion in the quarter was up 16.1 percent from USD 1.76 billion in the same period a year earlier, according to MarketBeat's summary of the results. For investors, that combination of higher sales and a 21.08 percent margin is the core operating signal.

AutoCAD still matters

Autodesk's product mix still revolves around design and workflow tools such as AutoCAD and the wider cloud-linked portfolio used by architects, engineers and manufacturers. That matters because the current quarter showed the business can still add USD 289 million year on year in revenue while holding a 58.63 percent return on equity.

Stock under pressure

Autodesk stock was last quoted at USD 237.52 on September 4, 2026, versus the 52-week high of USD 329.09 and the 52-week low of USD 185.50. The market is now pricing the company below the Street's current target band despite the August 27, 2026 earnings beat.