10-May-2024
Class Action Announcement (ADSK): Securities Fraud Class Action Lawsuit Filed Against Autodesk, Inc.
PRNewswire (Sat, 11-May 10:45 AM ET)
PRNewswire (Fri, 10-May 10:45 PM ET)
Globe Newswire (Fri, 10-May 1:17 PM ET)
Globe Newswire (Fri, 10-May 12:52 PM ET)
DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Autodesk
PRNewswire (Fri, 10-May 11:30 AM ET)
PRNewswire (Fri, 10-May 5:45 AM ET)
Globe Newswire (Thu, 9-May 12:35 PM ET)
Globe Newswire (Thu, 9-May 12:07 PM ET)
Globe Newswire (Thu, 9-May 12:00 PM ET)
Founded in 1982, Autodesk is an application software company that serves industries in architecture, engineering, and construction; product design and manufacturing; and media and entertainment. Autodesk software enables design, modeling, and rendering needs of these industries. The company has over 4 million paid subscribers across 180 countries.
Autodesk trades on the NASDAQ stock market under the symbol ADSK.
As of May 10, 2024, ADSK stock price declined to $217.77 with 996,880 million shares trading.
ADSK has a beta of 1.63, meaning it tends to be more sensitive to market movements. ADSK has a correlation of 0.49 to the broad based SPY ETF.
ADSK has a market cap of $46.55 billion. This is considered a Large Cap stock.
Last quarter Autodesk reported $1 billion in Revenue and $2.09 earnings per share. This beat revenue expectation by $39 million and exceeded earnings estimates by $.14.
In the last 3 years, ADSK stock traded as high as $344.39 and as low as $163.20.
The top ETF exchange traded funds that ADSK belongs to (by Net Assets): VTI, VOO, QQQ, SPY, VUG.
ADSK has underperformed the market in the last year with a price return of +10.9% while the SPY ETF gained +27.8%. ADSK has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -18.3% and -0.1%, respectively, while the SPY returned +4.2% and +2.5%, respectively.
ADSK support price is $214.53 and resistance is $222.73 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ADSK stock will trade within this expected range on the day.