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How to Buy Autodesk Stock

Autodesk Inc

Autodesk, Inc. provides 3D design, engineering, and entertainment software and services worldwide.

Autodesk stock last closed at $210.63, down 2% from the previous day, and has increased 6.68% in one year. It has underperformed other stocks in the Software - Application industry by 0.12 percentage points. Autodesk stock is currently +11.81% from its 52-week low of $188.38, and -24.65% from its 52-week high of $279.53.

At the moment, there are 213.92M ADSK shares outstanding. The market cap of ADSK is $45.06B. In the past 24 hours, 4.58M ADSK shares were traded.

How to Buy Autodesk Stock

Wondering how to invest in Autodesk stock? Here's how.
  1. Figure out where to buy Autodesk stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you choose where to buy Autodesk stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your investment account: Choose your method of payment and add your info.
  4. Research Autodesk stock: The Autodesk ticker symbol is ADSK. Is Autodesk stock a good investment? Should you buy shares of ADSK? How do ADSK's underlying business fundamentals look? Do top analysts think Autodesk is a good buy? Why has ADSK's stock price moved recently? (Hint: Our stock research tools can help you evaluate if ADSK is a good stock to buy).
  5. Place your ADSK purchase: Decide if you will purchase ADSK shares at the current market price or use a limit order to buy ADSK shares at a particular price.
  6. Get notifications regarding your investment in ADSK: Create a watchlist to important updates regarding your new investment in Autodesk stock.

Step 1: Figure out where to buy Autodesk stock

You will need an online brokerage account in order to access the NASDAQ market and buy ADSK shares.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've picked the right brokerage, the next step is to fill out some personal info so you are able to invest in ADSK today.

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  1. Submit your application by pressing the "Create Account" button.
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Step 3: Deposit funds into your investment account

Now that you've filled out your info on stock market apps, your next step is to transfer the money for your investment:

Check out the video below to see the process of transferring money into your new brokerage account.

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Step 4: Research Autodesk stock

After you have identified the best place to buy Autodesk stock, it's crucial to evaluate their stock before you invest, so you can understand the risk and opportunity.

Autodesk stock quick numbers

ADSK Price
$210.63
1w %
-12.62%
1y %
6.68%
5y %
24.49%
P/E
49.1x
P/B
30.4x
P/S
8.43x
PEG
1.49x
Revenue
$5.35B
Earnings
$917.00M
Fore. Rev. Growth
11.6%
Fore. Earn. Growth
32.94%
Market Cap
$45.06B
Next Earnings
May 23, 2024
Next Dividend
N/A

ADSK Zen Score

WallStreetZen was created to help everyday investors do more accurate fundamental analysis quickly.

You can view all of the due diligence checks on ADSK's stock page.

What is the fair value of ADSK stock?

You can use a variety of different financial metrics, analyses, models, and charts to gauge ADSK's fair value.

Using relative valuations methods:

  • ADSK may be undervalued based on its P/E ratio of 49.1x, relative to Software - Application industry P/E ratio of 98.93x
  • ADSK may be overvalued based on its P/B ratio of 30.4x, relative to Software - Application industry P/B ratio of 6.39x
  • ADSK could be overvalued based on its PEG ratio of 1.49x

You can access additional valuation research on ADSK's stock here.

ADSK Financial Summary

Pros:

  • ADSK earnings of $1.09B is not enough to cover its interest payments.
  • Total ADSK debt is lower than 5 years ago, relative to shareholder equity.
  • ADSK profit margin has gone up from 12.6% to 17.2% in the past year.
  • ADSK's operating cash flow of $1.79B allows it to safely service it's debt of $2.65B.

Cons:

  • There are more short-term liabilities than short-term assets on the ADSK balance sheet.
  • ADSK has a relatively high debt to equity ratio of 5.23.
  • There are more long-term liabilities than short-term assets on the ADSK balance sheet.

Is it a good time to buy Autodesk stock, according to analysts?

Out of 13 Equities analysts who research ADSK, the consensus analyst rating on Autodesk is a Buy

Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.

Most Recent ADSK Analyst Recommendations

Ken Wong, a top 23% analyst from Oppenheimer maintains ADSK with a buy rating and raises their ADSK price target from $265.00 to $315.00, on Mar 1, 2024.

Blair Abernethy, a top 3% analyst from Rosenblatt maintains ADSK with a strong buy rating and raises their ADSK price target from $265.00 to $290.00, on Mar 1, 2024.

Matthew Broome, a top 21% analyst from Mizuho maintains ADSK with a hold rating and raises their ADSK price target from $220.00 to $270.00, on Mar 1, 2024.

Daniel Jester, a top 14% analyst from BMO Capital maintains ADSK with a hold rating and raises their ADSK price target from $232.00 to $293.00, on Mar 1, 2024.

Saket Kalia, a top 4% analyst from Barclays maintains ADSK with a strong buy rating and raises their ADSK price target from $300.00 to $310.00, on Mar 1, 2024.

You can dig deeper into what analysts are forecasting on the Autodesk stock forecast page.

Metrics for Advanced ADSK Traders

SMA10
233.9
SMA20
245.58
SMA50
252.89
SMA100
245.03
SMA200
227.06
MACD
-9.49
MACD Signal
-5.5
MACD Histogram
-3.98
RSI
18.56
Stochastic %K
7.82
Stochastic %D
6.03
StochRSI %K
0
StochRSI %D
0

ADSK Earnings

Last year, ADSK earnings were $917.00M. In the last 4 year, ADSK's earnings have grown by 59.07% per year. This was faster than the Software - Application industry average of 31.41%.

Last year, ADSK revenue was $5.35B. In the past five year, ADSK's revenue has grown by 17.51% per year. This was slower than the Software - Application industry average of 27.61%.

You can research ADSK's earnings and revenue performance here.

Latest Insiders Trades at ADSK

In the last year, insiders at ADSK have sold more shares than they have bought.

Stephen W. Hope, SVP Chief Accounting Officer of ADSK, was the latest ADSK insider to sell. They sold $18,726.75 worth of ADSK shares on Apr 2, 2024.

Research more about who owns ADSK stock here.

Does ADSK provide a stable income stream?

No, Autodesk doesn't provide an income stream by paying out dividends.

What others are saying about ADSK

One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Place your ADSK purchase

There are two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are usually fine for most investors.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a specific price, place a limit order.

Press the Open Trade button and eToro will place the order.

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Step 6: Get notifications regarding your investment in ADSK

Now that you own some shares in ADSK, you'll want to keep up with your company.

Create a watchlist to keep tabs on your ADSK stock.

ADSK Feed

How to Buy Stock in Autodesk

To summarize, here are the 6 steps to buy Autodesk stock:

  1. Figure out where to buy Autodesk stock
  2. Create your brokerage account
  3. Deposit funds into your investment account
  4. Research Autodesk stock
  5. Place your ADSK purchase
  6. Get notifications regarding your investment in ADSK

If you are looking for a online brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to track your investment in Autodesk, create a watchlist today.

NASDAQ: ADSK
$210.63-4.29 (-2%)
Updated Apr 18, 2024
Open eToro Account
NASDAQ: ADSK
$210.63-4.29 (-2%)
Updated Apr 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Autodesk share?

As of Apr 18, 2024, it costs $210.63 to buy one share of Autodesk stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.475 shares of ADSK.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Autodesk stock?

According to 13 Wall Street analysts who monitor Autodesk, their consensus recommendation is to buy Autodesk stock.

What is the best way to buy Autodesk stock?

One way to place an order for Autodesk stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.