Autodesk is expected to report Q3 2026 revenue of $2.01 billion and non-GAAP EPS of $3.12, with the stock currently trading at approximately $252.26 compared to an average analyst price target of $312.75.
Investors are primarily focused on the ongoing rollout of the "new transaction model," which shifts customer billing from channel partners to a direct-to-Autodesk relationship.
Analysts are watching for evidence that this transition is successfully driving margin expansion and recurring revenue stability despite early friction in new-business capture. Recent performance has been supported by resilient demand in the Architecture, Engineering, and Construction (AEC) segment and the integration of AI-driven capabilities into the Forma and Fusion platforms.