Autodesk Raises Fiscal 2026 Revenue, Profit Forecasts on Growing 3D Software Demand
Autodesk Raises Fiscal 2026 Revenue, Profit Forecasts on Growing 3D Software Demand

Autodesk Raises Fiscal 2026 Revenue, Profit Forecasts on Growing 3D Software Demand

News summary

Autodesk has raised its annual revenue and profit forecasts for fiscal year 2026, driven by strong demand for its 3D design and engineering software across construction, infrastructure, and manufacturing sectors. The company reported a 17% revenue increase to $1.76 billion and adjusted earnings per share of $2.62 in the second quarter, both surpassing analyst expectations. For the third quarter, Autodesk projects revenue between $1.80 billion and $1.81 billion and adjusted EPS of $2.48 to $2.51, again exceeding market estimates. This growth is fueled by increased subscription renewals and expanded enterprise agreements, reflecting the industry's transition from traditional blueprints to advanced digital models. Autodesk's strong operating margins and recurring revenue model position it as a leader among tech peers, with analysts generally rating it as an 'Outperform' and forecasting significant upside potential in its stock price. The company’s expanding global footprint and robust financial health underscore its pivotal role in accelerating digital transformation in design and engineering sectors.

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