Autodesk Surges Over 10% in Early Trading After Raising 2026 Revenue Guidance
Deep News
Aug 29
Autodesk (ADSK) shares jumped more than 10% in early U.S. trading on Friday after the company raised its fiscal 2026 revenue guidance to $7.075 billion and set an operating margin target of 41%. The company highlighted its cloud services and artificial intelligence strategy, reporting 17% revenue growth in the second quarter and citing significant customer collaboration achievements through its platform.
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