Autodesk stock steadies ahead of Q2 FY27 earnings as Wall Street eyes double-digit growth

Autodesk Inc. (US0527691069) stock is holding in the mid-$250 range as of August 25, 2026, with investors positioning for the company’s upcoming second-quarter fiscal 2027 earnings report and a consensus view that still implies sizable upside from current levels. Per recent earnings previews, Wall Street expects Autodesk to deliver double-digit top and bottom-line growth for the quarter, setting the stage for a closely watched update on subscription momentum and design software demand.

Q2 FY27 expectations point to strong growth

Recent analyst consensus indicates that Autodesk is projected to report second-quarter fiscal 2027 earnings of $3.12 per share on revenue of $2.01 billion when it releases results on August 27, 2026 after the market close. This earnings preview highlights that the expected EPS figure represents solid growth versus the same quarter a year earlier, while the revenue estimate points to continued expansion across Autodesk’s core design and engineering software offerings.

A separate outlook article for the upcoming report reiterates the same consensus, stating that forecasts for the to-be-reported quarter’s earnings are pegged at $3.12 per share and that the estimate has remained unchanged over the past 30 days, underscoring a stable expectation heading into the event. This earnings preview notes that revenue for the quarter is expected at around $2.01 billion, consistent with the Alphastreet figures and reinforcing that analysts see a continuation of Autodesk’s growth trajectory.

Another consensus-focused overview points out that Wall Street projects quarterly earnings of $3.12 per share for Autodesk, representing an increase of 19.1% year over year, illustrating the scale of earnings expansion that investors hope to see confirmed in the Q2 FY27 update. This forecast summary emphasizes that the projected earnings growth is driven by ongoing demand for Autodesk’s cloud-based design tools and subscription model, which have been central to the company’s strategy in architecture, engineering, construction, manufacturing, and media markets.

Share price, valuation, and consensus target

Heading into the Q2 FY27 report, Autodesk shares trade in the mid-$250s, with one preview noting that the stock was trading at $253.28 as the company approached the earnings date. The same preview suggests that at that price level, Autodesk is positioned for a potentially meaningful reaction depending on whether management delivers against the consensus expectations for earnings and revenue.

On August 25, 2026, another market update describes Autodesk shares opening at $254.42 on the Nasdaq, indicating that the stock was modestly positive on the session and trading close to that prior reference level. This intraday quote snapshot frames the mid-$250 price zone as the current trading range, which investors can compare with longer-term valuation measures to judge whether the shares still offer upside.

From a valuation perspective, a detailed intrinsic value analysis points out that the Discounted Cash Flow view of Autodesk’s stock suggests a material discount to that intrinsic estimate, while a price-to-earnings comparison indicates that the shares are priced in line with peers. This valuation review notes that, taken together, the models imply that Autodesk stock may be trading at a discount of up to 32% relative to its long-term cash-flow-based value, even as traditional P/E metrics appear reasonable when set against similar software companies.

Consensus data compiled by MarketBeat shows that Autodesk currently carries a “Moderate Buy” rating from analysts, with an average price target of $321.65. This consensus overview indicates that the average target implies upside of around $67 from the mid-$250 share price zone cited in recent snapshots, highlighting that the sell-side still expects Autodesk to appreciate further if its execution on earnings, cash flow, and subscription growth remains intact.

Investor positioning and recent institutional interest

Institutional investors have been active in Autodesk ahead of the Q2 FY27 earnings release, with multiple filings showing new or increased positions in the stock. One update describes a new position being taken in Autodesk shares, and in this context notes again that the company has a consensus rating of “Moderate Buy” and an average target price of $321.65 based on MarketBeat data. This filing summary underlines that institutional investors are willing to commit fresh capital at current levels, potentially reflecting confidence in the upcoming earnings trajectory.

Another institutional activity report discusses a sizable new investment of $6.38 million in Autodesk, once again referencing MarketBeat data to state that the company presently has a consensus rating of “Moderate Buy” and the same $321.65 average price target. This report on institutional interest suggests that such buyers are looking beyond the next quarter and focusing on Autodesk’s capacity to grow recurring revenue, expand margins, and sustain innovation in its design software platforms.

In addition, another MarketBeat alert highlights the purchase of 4,025 shares in Autodesk and notes that the stock opened at $254.42 on the referenced trading day, reiterating that consensus ratings and targets remain supportive. This alert on incremental share buying reinforces the picture of ongoing institutional engagement, which can be an important signal for retail investors tracking how professional money managers view the risk-reward balance in Autodesk stock ahead of a key earnings release.

Earnings preview and Wall Street’s key metrics

The forthcoming Q2 FY27 earnings release is expected to provide a detailed update on Autodesk’s progress in several key areas that analysts monitor closely. Forecasts compiled in recent previews emphasize anticipated double-digit revenue growth, driven by continued adoption of Autodesk’s subscription-based software offerings in architecture, engineering, and construction, as well as manufacturing and media segments. This Q2 earnings preview explains that the consensus view sees strength in renewal rates and new seat additions, which together support the expectation of $2.01 billion in quarterly revenue.

At the same time, the EPS forecast of $3.12 per share, highlighted in multiple sources, implies meaningful year-over-year expansion. One analysis notes that both EPS and revenue are expected to show double-digit growth, a combination that could underpin further optimism if Autodesk also provides constructive commentary on fiscal 2027 guidance and longer-term cash flow generation.

Wall Street’s countdown-focused overview makes clear that investors will not only be watching headline numbers but also specific metrics such as billings, remaining performance obligations, and annual recurring revenue, which are crucial indicators for subscription-based software businesses. This metrics-focused forecast points out that persistent growth in these measures would reinforce the view that Autodesk’s core design platforms remain deeply embedded in customer workflows, supporting durable revenue streams.

Representative product: Autodesk AutoCAD

Among Autodesk’s product portfolio, AutoCAD stands out as a flagship design tool that has long been central to the company’s presence in architecture, engineering, and construction markets. AutoCAD provides professionals with precision 2D and 3D drafting capabilities, enabling them to create detailed plans for buildings, infrastructure, and manufactured components, and the software’s integration with other Autodesk solutions supports collaborative workflows across disciplines. For investors, continued usage of AutoCAD in both legacy and cloud-based deployments is a key driver of recurring subscription revenue and an important anchor for Autodesk’s broader ecosystem strategy.

Stock context as of late August 2026

As of August 25, 2026, Autodesk stock trades on the Nasdaq in the mid-$250 range, with recent quotes such as $253.28 and an opening level of $254.42 showing that the shares are consolidating ahead of the Q2 FY27 earnings report. Based on the consensus price target of $321.65 and the projection for 19.1% year-over-year earnings growth to $3.12 per share in the upcoming quarter, the stock is positioned between current valuation measures that appear reasonable versus peers and longer-term intrinsic value estimates that suggest meaningful potential upside if Autodesk continues to execute on its subscription and design software strategy.