Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Autodesk's Higher Fiscal 2027 Organic Billings Guidance Appears Achievable, UBS Securities Says

Autodesk's Higher Fiscal 2027 Organic Billings Guidance Appears Achievable, UBS Securities Says

MT newswireMT newswire2026/08/28 16:14
12:14 PM EDT, 08/28/2026 (MT Newswires) -- Autodesk's (ADSK) higher fiscal 2027 organic billings growth guidance is achievable, given the large enterprise business agreement renewal cohort weighted towards Q4, UBS Securities said in a note Friday. The brokerage said the raised guidance reflects robust fiscal Q2 results and confidence in H2. While fiscal Q4 has a bigger EBA renewal dollar base from a year earlier, year-over-year growth could be lower as it was inflated by the billings transition, according to the note. Despite lapping the benefits from the model transition and renewal cohorts, there is potential for low-teens growth durability, given the runway in underlying growth drivers and benefits from improving sales productivity, analysts wrote. UBS Securities reiterated its buy rating on the stock and boosted its price target to $325 per share from $290. Price: 258.50, Change: -12.09, Percent Change: -4.47
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

BlackRock CEO Larry Fink warns: AI infrastructure has become the backbone of the US economy, halting data center construction will trigger a recession

BlackRock CEO Larry Fink has issued a rare recession warning, stating that if the United States imposes any form of moratorium on data center construction, the economy will plunge directly into recession. As the midterm elections approach, the construction of AI infrastructure has escalated from a business issue to a political bombshell. Analysts predict that AI capital expenditures could surpass 1 trillion dollars by 2027. Any disruption in policy would trigger a chain reaction impacting the supply chain, job market, and energy industry.

华尔街见闻•2026/10/15 02:41
BlackRock CEO Larry Fink warns: AI infrastructure has become the backbone of the US economy, halting data center construction will trigger a recession

BTC market dominance rises to 60.46%

AiCoin•2026/10/15 02:37
BTC market dominance rises to 60.46%