In the most recent trading session, Autodesk (ADSK) closed at $268.09, indicating a -1.56% shift from the previous trading day.
Autodesk, Inc., a maker of digital design software, announced Thursday it plans to lay off about 1,000 employees, largely in sales roles.
The move is the final phase of efforts by the maker of AutoCAD and other digital design software to streamline customer engagement and bolster its sales channels.
Design software maker Autodesk said on Thursday it would lay off about 7% of its workforce, or roughly 1,000 employees, with a major portion of the reductions occurring within its customer-facing sales functions.
Autodesk (ADSK) closed at $265.69 in the latest trading session, marking a +1.31% move from the prior day.
Autodesk remains a buy as its AI-driven Project Bernini expands the addressable market and reduces cyclicality. PB enables non-technical users to generate manufacturable 3D designs, unlocking new monetization models beyond traditional per-seat licensing. ADSK's AECO segment growth decouples from construction cycles, with increasing revenue from stable, operations-focused contracts.
The GARP strategy helps investors gain exposure to stocks that have solid prospects and are trading at a discount. VRT, ADSK, POWL and JBL are some such stocks.
In the most recent trading session, Autodesk (ADSK) closed at $293.17, indicating a +1.56% shift from the previous trading day.
Autodesk is driven by strong product innovation, customer stickiness, and robust market positioning. ADSK's proprietary .dwg format, frequent product launches, and high R&D spend (28% of revenue) underpin high customer retention and competitive advantage. AutoCAD remains the most popular CAD software, with new AI features and performance upgrades in AutoCAD 2026 reinforcing its leadership.
Investors interested in Internet - Software stocks are likely familiar with DoubleVerify Holdings (DV) and Autodesk (ADSK). But which of these two stocks is more attractive to value investors?
ADSK's scale, AI monetization and steadier earnings growth make it a safer design SaaS bet than FIG amid rising AI-driven costs.
Autodesk (ADSK) has fully transitioned to a SaaS model, driving gross margins above 92% and free cash flow margins near 37%. ADSK's revenue growth has accelerated, with management targeting a $10B+ TAM in new construction and infrastructure needs, supporting sustained double-digit top-line growth. Operating margins are expanding, mirroring Adobe's SaaS transition, suggesting further margin gains as ADSK matures.