On August 27, Autodesk fell 7.24% in after-hours trading, trading at $252.46/share, with turnover of $21.24 million. The decline came immediately after the company released fiscal Q2 results that exceeded market expectations on both top and bottom lines.

Autodesk reported adjusted EPS of $3.30, beating the consensus estimate of $3.12 by 5.77%, representing a 25.95% year-over-year increase from $2.62. Revenue came in at approximately $2.046 billion, surpassing the $2.011 billion consensus and reflecting roughly 16% year-over-year growth. Despite the double beat, the stock sold off sharply as shares had already rallied into the report, and investors focused on concerns surrounding the company's $3.6 billion acquisition of MaintainX, which raises questions about organic growth sustainability and near-term operating margin dilution.

Analysts currently maintain an average buy rating with a mean price target of approximately $315. UBS had previously anticipated a typical quarterly beat driven by stable demand across data centers, infrastructure, healthcare, and industrial projects.

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