$ADSK

Autodesk (ADSK) reported Q2 fiscal 2027 revenue of $2.046B, up 16% YoY, with billings increasing 10% to $1.854B. However, total remaining performance obligations (RPO) rose only 2% to $7.433B, while current RPO grew 12% to $5.245B. The company is reducing discounts on multiyear contracts, impacting RPO growth but improving profitability. GAAP operating margin expanded to 29%, and free cash flow increased 24% to $561M. ADSK raised its fiscal 2027 billings and revenue outlook but faces risks from

Autodesk (ADSK) shares fell 5% after reporting Q3 revenue of $2.046B, up 16%, and strong cash flow margins. However, adjusted profit guidance was weak due to costs from the MaintainX acquisition. The stock trades 25.63% below its GF Value estimate, reflecting investor skepticism about the deal's long-term value.

Workday shares rose 6% after Q2 results beat estimates, with $2.75 EPS and $2.65B revenue. Salesforce gained 3%, extending a 22% rally post-earnings. Nvidia dropped 3% after a prior 9% gain. Amazon climbed 4% on an upgraded price target. Coinbase and Strategy fell 7% and 6% as bitcoin dropped 3%. PayPal plunged 16% after buyout talks fell through. Affirm jumped 5% on revenue beat and guidance. Gap rose 13% with new leadership and earnings beat. Elastic N.V. surged 17% on strong guidance. Marvell

Autodesk (ADSK) reported Q2 FY2027 earnings beating EPS ($3.30 vs. $3.12) and revenue ($2.05B vs. $2.01B) estimates, but shares fell 4.5% due to slightly lowered full-year EPS guidance. Revenue grew 18% YoY, margins expanded, and free cash flow guidance was raised. The MaintainX acquisition added customers but introduced near-term costs. Analysts remain bullish with a mean price target of $314.57.

Marvell Technology (MRVL) reported $0.94 non-GAAP EPS, 37% Y/Y revenue growth to $2.74B. NVIDIA (NVDA) and software stocks seen as better value. Autodesk (ADSK) posted $3.30 non-GAAP EPS, 16.5% Y/Y revenue growth to $2.05B, but missed acquisition target. Workday (WDAY) reported $2.75 non-GAAP EPS, 12.8% Y/Y revenue growth to $2.65B. Okta (OKTA) gained 28.63% after completing Permiso acquisition.

Nvidia reported strong results and forecast 70% revenue growth in 2028, exceeding analyst expectations. Its shares rose 9%, lifting other semiconductor and software stocks. Salesforce gained 23% after beating forecasts. Fed Chair Warsh's speech at Jackson Hole may impact market sentiment. The Dow, S&P 500, and Nasdaq have risen 11.5%, 12.9%, and 14.2% year-to-date, respectively. The FTSE100 lagged due to low tech exposure but gained 9.1% year-to-date.

PayPal shares fell 16% after Advent and Stripe abandoned a potential buyout. Affirm rose 13% on better-than-expected Q4 revenue and guidance. Gap gained 15% with new leadership and earnings beat. Elastic N.V. jumped 17% on raised full-year guidance. Marvell dropped 8% on lower-than-expected earnings guidance. Rubrik fell 5% despite beating estimates. Autodesk declined 4% on missed earnings projections.

BMO Capital raised its price target on Autodesk (ADSK) to $283 from $262, maintaining a Market Perform rating. Other analysts also adjusted targets, with Loop Capital at $265 and Piper Sandler at $338, both keeping their respective ratings. Autodesk's stock price was at $270.58, up 6.21% in pre-market trading.

Autodesk (ADSK) shares fell 4.5% pre-market to $258.54 despite beating Q2 earnings and revenue estimates. Full-year EPS guidance missed expectations, and the MaintainX acquisition is expected to dilute margins. UBS raised its price target to $325, citing strong growth. Broader market conditions offer little support.

UBS increased its price target for Autodesk (NASDAQ:ADSK) to $325 from $290, citing strong Q2 fiscal 2027 results and raised guidance. The company reported $3.30 EPS on $2.05B revenue, beating estimates. UBS noted 12% revenue growth and a 92% gross margin, maintaining a Buy rating. InvestingPro data suggests significant upside potential.