Welcome to our dedicated page for Autodesk news (Ticker: ADSK), a resource for investors and traders seeking the latest updates and insights on Autodesk stock.
Overview
Autodesk is a technology company renowned for its innovative software solutions that span CAD, 3D design, and cloud computing. For decades, it has empowered designers, engineers, architects and media professionals to visualize, simulate, and realize their creative visions through advanced, intuitive digital tools. With a significant history rooted in design innovation, Autodesk continues to transform industries by integrating modern technologies including AI and cloud-based collaboration, which enhances efficiency and connectivity among teams globally.
Core Business and Product Ecosystem
Autodesk’s portfolio covers a broad range of applications that address complex design, modeling, and rendering requirements across multiple sectors:
- Architecture, Engineering and Construction (AEC): Its software supports building information modeling (BIM), infrastructure development, and sustainable design, enabling professionals to create detailed architectural models and construction plans.
- Manufacturing and Product Design: Autodesk tools allow engineers to simulate product performance, optimize manufacturing processes, and develop prototypes in a virtual environment before production.
- Media and Entertainment: With features for visual effects, animation, and creative content production, Autodesk software provides artists and filmmakers with the tools to merge live-action with stunning 3D graphics.
Technology and Business Model
The company operates on a subscription-based and licensing model, delivering its solutions through both desktop applications and cloud-enabled platforms. This hybrid approach not only enables robust standalone functionalities but also supports collaborative, data-driven workflows across distributed teams. Autodesk’s integration of emerging technologies such as artificial intelligence has further streamlined complex design processes, allowing for enhanced automation and faster decision-making in real time.
Market Position and Competitive Landscape
Autodesk is positioned uniquely within its competitive landscape. It differentiates itself by combining deep industry insights with advanced technological capabilities. Its commitment to continually evolving its software offerings ensures that professionals across design-centric industries have access to tools that meet high standards of precision, ease of use, and interoperability. While facing competition from niche software providers and expanding cloud solutions rivals, Autodesk’s comprehensive ecosystem and emphasis on innovation keep it relevant and authoritative.
Industry Impact and Value Proposition
Beyond its technology, Autodesk’s value proposition lies in its commitment to enabling creative problem-solving in real-world scenarios. Its software tools contribute to the development of smarter cities, sustainable architecture, and groundbreaking entertainment content. The platform’s ability to process vast amounts of design data, automate iterative tasks, and foster global collaboration underscores its strategic importance in modern design and construction projects.
Commitment to Innovation and User Empowerment
With a legacy of over thirty years, Autodesk continuously pushes the boundaries of what is possible, blending traditional design principles with cutting-edge innovations. Its investment in AI-driven tools, cloud infrastructure, and integrative design solutions enables professionals and creators to overcome complex challenges and unlock new levels of efficiency and creativity. This commitment not only drives Autodesk’s product evolution but also reinforces industry trust and expertise.
Conclusion
In summary, Autodesk represents a robust fusion of traditional design expertise and modern technological innovation. Its comprehensive suite of products serves a wide range of industries, making it a trusted name for professionals seeking to bring visionary projects to life. By prioritizing technical excellence, collaborative design, and scalable cloud solutions, Autodesk continues to set the stage for transformative advancements in the way the world is designed and made.
UKG has announced Sarah Hodges as its new Chief Marketing Officer, effective January 6, 2025. Hodges brings over 20 years of marketing experience from global SaaS providers, currently serving as CMO at Procore Technologies (NYSE: PCOR). She previously held various roles at Autodesk, including general manager of ShotGrid and vice president of product management.
In her new role, Hodges will report to UKG President Rachel Barger and lead brand awareness, creative experiences, product and industry marketing, field marketing, and customer advocacy. This appointment is part of UKG's recent leadership expansion, which includes new executives in key positions such as Chief Communications Officer, President CFO, and Chief Product Officer.
M-Files has appointed Jay Bhatt as CEO, following the closing of a majority recapitalization led by Haveli Investments and Bregal Milestone. Bhatt brings extensive operational experience from his previous CEO roles at Alfresco Software, Blackboard, and Progress Software. Former CEO Antti Nivala will transition to Chief Innovation Officer and continue as Chairman of the Board. The leadership change coincides with the completion of the recapitalization deal on November 29, which included participation from CrossParadigm Capital, an investment firm led by Bhatt.
Autodesk (NASDAQ: ADSK) has announced its participation in two major upcoming investor conferences in December 2024. The company will present at the UBS Global Technology and AI Conference on December 3 and the Barclays 22nd Annual Global Technology Conference on December 11.
Interested parties can access live webcasts and replays of the presentations through Autodesk's Investor Relations Website. Attendees are advised to register 15 minutes before the presentations and ensure necessary software is installed.
Autodesk (NASDAQ: ADSK) has appointed Janesh Moorjani as chief financial officer, effective December 16, 2024. Moorjani, who previously served as CFO and COO of Elastic NV, brings over 20 years of technology industry experience. He will succeed interim CFO Elizabeth 'Betsy' Rafael, who will continue as an advisor through fiscal 2025 and remain on Autodesk's Board of Directors. Moorjani's experience includes executive roles at Infoblox, VMware, Cisco, PTC, and Goldman Sachs, and he currently serves on Cohesity's Board of Directors.
Autodesk (NASDAQ: ADSK) reported strong fiscal 2025 Q3 results with total revenue increasing 11% to $1.57 billion. The company's GAAP operating margin was 22% (down 2 points), while non-GAAP operating margin was 36% (down 3 points). Total billings grew 28% to $1.54 billion, with recurring revenue representing 97% of total. Design revenue increased 9% to $1.30 billion, while Make revenue grew 28% to $171 million.
The company is raising guidance midpoints for billings, revenue, margins, earnings per share, and free cash flow. GAAP diluted EPS was $1.27, and non-GAAP diluted EPS reached $2.17. Cash flow from operating activities was $209 million, with free cash flow of $199 million.
Trane Technologies (NYSE:TT) and Autodesk (NASDAQ:ADSK) announced a strategic collaboration to optimize commercial building design for sustainability. The partnership integrates Trane's TRACE® software with Autodesk Revit to enhance MEP design efficiency and enable AI-assisted design exploration. The collaboration aims to simplify the user experience for engineers and architects by removing manual steps, expediting design processes, and promoting greater accuracy in HVAC system sizing and energy analysis. The integrated solutions will initially be available in high-BIM adoption regions like the United States and Canada.
Autodesk (NASDAQ: ADSK) has announced it will host its third quarter fiscal 2025 financial results conference call on Tuesday, November 26, 2024, at 2 p.m. Pacific Time. The call will be accessible via live webcast on the company's investor relations website. An audio replay will be made available after 5 p.m. PT on the same platform.
Esri and Autodesk (NASDAQ: ADSK) are deepening their strategic alliance by integrating Esri's authoritative geospatial reference data into Autodesk Forma. This integration aims to transform early design and planning stages for AECO professionals by providing cohesive, consistent spatial data and analytics from the outset. The collaboration brings together the strengths of GIS and BIM technologies, offering enhanced mapping capabilities and improved collaboration, potentially reducing project costs and timelines.
The integration includes access to Esri's ArcGIS basemaps and select ArcGIS Living Atlas of the World data layers, enabling architects and planners to begin designs with comprehensive geographic context. This move follows the earlier integration of ArcGIS basemaps with Autodesk Civil 3D and Autodesk AutoCAD, furthering the goal of unifying GIS and BIM technologies for AECO professionals.
Autodesk (NASDAQ: ADSK) has announced its participation in two upcoming investor conferences in September 2024. The company's executives will be presenting at the Citi 2024 Global TMT Conference on September 5 and the Goldman Sachs Communacopia & Technology Conference on September 11.
Investors and interested parties can access live webcasts and replays of these presentations through Autodesk's Investor Relations Website at investors.autodesk.com. Attendees are advised to register 15 minutes before the start of the presentations and ensure they have the necessary software installed. Additional information will be made available on the investor relations website.
Autodesk (NASDAQ: ADSK) reported strong fiscal 2025 Q2 results, with revenue growing 12% to $1.51 billion. Key highlights include:
- GAAP operating margin increased 4 percentage points to 23%
- Non-GAAP diluted EPS rose to $2.15 from $1.91
- Cash flow from operations was $212 million, up $77 million
- Current remaining performance obligations grew 11% to $3.9 billion
The company saw broad-based growth across products and regions in AEC and manufacturing. Based on sustained momentum, Autodesk is raising guidance for billings, revenue, EPS, and free cash flow. Management cited the company's ability to capitalize on long-term growth trends in reconstruction and infrastructure as key drivers of performance.
FAQ
What is the current stock price of Autodesk (ADSK)?
What is the market cap of Autodesk (ADSK)?
What industries does Autodesk serve?
What are the core functionalities of Autodesk software?
How does Autodesk generate revenue?
What role does cloud computing play in Autodesk’s offerings?
How has Autodesk integrated AI into its solutions?
What makes Autodesk stand out in the competitive software market?
How does Autodesk support collaboration among design teams?
What is the significance of Autodesk's Design and Make Platform?
