- Autodesk’s net revenue for Q1 was $1.42 billion, which is a 12% increase year-over-year and higher than the estimated $1.4 billion.
- Subscription net revenue reached $1.33 billion, growing 11% year-over-year and surpassing the estimate of $1.32 billion.
- Maintenance net revenue dropped by 21% year-over-year to $11 million, slightly below the estimated $12 million.
- Other net revenue surged by 23% year-over-year to $76 million, significantly exceeding the estimate of $67.7 million.
- Analyst recommendations included 15 buys, 10 holds, and 1 sell.
Autodesk Inc on Smartkarma
Analysts on Smartkarma, like Baptista Research and Value Investors Club, have offered insightful coverage on Autodesk Inc. According to Baptista Research, Autodesk exhibited robust financial performance in the Fourth Quarter and Full Year Fiscal 2024, emphasizing its subscription business model and product diversification. The recent acquisitions of Wonder Dynamics and Payapps were highlighted as potentially enhancing the company’s value proposition. Similarly, Baptista Research discussed the implementation of a new transactional model as a potential game-changer for Autodesk, showcasing the company’s resilience and discipline.
On the other hand, Value Investors Club noted Autodesk’s challenges in underperforming tech and software benchmarks in the past year but highlighted the company’s long-term earnings growth potential. The comparison with competitor Procore in the construction industry suggested a bullish outlook for Autodesk’s stock price appreciation. Overall, analysts are optimistic about Autodesk’s performance and strategic initiatives, indicating potential opportunities for investors in the evolving landscape of design software and services.
A look at Autodesk Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Autodesk Inc, a supplier of PC software and multimedia tools, appears to have a mixed outlook based on its Smartkarma Smart Scores. While the company scores moderately in Growth, Resilience, and Momentum with scores of 3 for each, its Value and Dividend scores are lower at 2 and 1 respectively. This suggests that Autodesk might be focusing more on growth and innovation rather than offering high value or dividend returns to investors. As a provider of software products used in various industries for design and visualization, Autodesk’s future potential seems to be anchored on its ability to maintain growth momentum and resilience in the face of market challenges.
Overall, Autodesk Inc‘s Smartkarma Smart Scores indicate a company that is emphasizing growth and technological advancement. With a Growth score of 3, Autodesk is likely prioritizing innovation and expanding its market presence. The company’s resilience score of 3 also suggests that it can navigate fluctuations and potentially emerge stronger from economic uncertainties. However, investors seeking value or dividend income may find Autodesk less appealing, given its lower scores in those areas. As Autodesk continues to cater to industries and individuals with its software solutions for design and visualization, its long-term success may hinge on sustaining its growth trajectory and staying adaptable in a competitive landscape.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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