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home / news releases / autodesk sales model transition and genai product la

ADSK - Autodesk: Sales Model Transition And GenAI Product Launch Tracking Positively

Autodesk Inc.

2024-06-18 03:00:03 ET

Summary

  • I am sticking to my buy rating for Autodesk due to positive growth outlook, near completion of transition phase, and new GenAI product.
  • Q1 earnings beat expectations with strong subscription revenue growth and positive traction in new transaction model implementation.
  • Clearer FCF outlook with headwinds from billing transition now over.

Investment action

For further details see:

Autodesk: Sales Model Transition And GenAI Product Launch Tracking Positively
Stock Information
Company Name: Autodesk Inc.
Stock Symbol: ADSK
Market: NASDAQ
Website: autodesk.com
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