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ADSK
Benzinga
88 days

Autodesk Analysts Boost Their Forecasts After Better-Than-Expected Q1 Earnings

1. ADSK beat Q1 estimates with $2.29 EPS on $1.63B revenue. 2. Strong Q2 guidance with anticipated EPS of $2.44-$2.48. 3. Raised FY26 EPS guidance to $9.50-$9.73. 4. Multiple analysts raised price targets following earnings report. 5. Current share price dipped 0.5% to $293.49.

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FAQ

Why Bullish?

ADSK's strong earnings and raised guidance typically correlate with positive trading momentum, similar to past performance spikes following strong earnings results.

How important is it?

Analyst price target increases suggest strong confidence in ADSK's ongoing performance, indicating significant market interest.

Why Short Term?

Immediate positive sentiment from analysts can influence short-term trading and potentially uplift the stock price.

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