Autodesk Inc
ADSKAutodesk Inc (ADSK) is a software corporation specializing in 3D design, engineering, and entertainment software. Founded in 1982, it is renowned for its AutoCAD software, widely used in architecture, engineering, and construction industries. The company's products also serve areas such as product design, manufacturing, and media and entertainment, providing tools for 3D modeling, animation, and visualization. Autodesk has a strong presence in the industry for enabling innovative design and efficient workflows.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| April 8, 2005 | $0.01 | 2005-03-22 | 2005-03-25 |
| January 7, 2005 | $0.01 | 2004-12-22 | 2004-12-27 |
| October 8, 2004 | $0.03 | 2004-09-22 | 2004-09-24 |
| July 16, 2004 | $0.03 | 2004-06-30 | 2004-07-02 |
| April 16, 2004 | $0.03 | 2004-03-31 | 2004-04-02 |
Dividends Summary
- Autodesk Inc has issued 6 dividend payments over the past 1 years
- The most recent dividend was paid 7549 days ago, on April 8, 2005
- The highest dividend payed out to investors during this period was $0.03 per share
- The average dividend paid during this period was $0.02 per share.
Company News
Starboard Value LP acquired a significant 7,024,848 share stake in Bill Holdings, valued at $372.11 million, becoming the firm's fourth-largest holding. The investment suggests potential strategic changes or value generation for the cloud-based financial software company.
The construction extended reality (XR) market is projected to grow from $5.34 billion in 2024 to $15.54 billion by 2029, driven by infrastructure projects, digital transformation, and smart city initiatives, with Asia-Pacific emerging as the fastest-growing region.
Autodesk reported strong quarterly earnings, beating expectations with 18% revenue growth, $1.7 billion in billings, and 122% increase in free cash flow. Analysts remain bullish, with price targets suggesting potential double-digit stock rally.
Multiple large-cap tech and investment stocks experienced significant declines last week, with CoreWeave, Fair Isaac, Mobileye, and Atlassian among the top losers due to various factors including acquisitions, stock offerings, and analyst downgrades.
BigBear.ai is set to report its second-quarter 2024 results on Aug 1. The company is expected to benefit from growing government investments in its AI solutions and partnerships with industry leaders like Autodesk, Amazon, and Palantir. However, its top line may be affected by macroeconomic challenges and losses from the Virgin Orbit bankruptcy.
