Autodesk’s Upcoming Q1 Earnings Preview 
<p>RBC Capital analysts provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/ADSK'>Autodesk (NASDAQ:ADSK)</a> ahead of the upcoming Q1/24 earnings results, which are expected to be reported on May 25.</p>
<p>Amidst uneven macros, the analysts look for essentially in-line results showing stabilization in estimates following a better quarter of execution while the fiscal 2024 guide is likely maintained. While the double-digit CAGR target for 2026 free cash flow no longer seems likely, the analysts like the increased clarity in the long-term vision as they still find value in a ratable revenue and free cash flow growth post the trough. </p>
<p>The analysts maintained their Outperform rating and $250 price target on the company as they think Autodesk could become a good large-cap compounder as estimates stabilize and work higher.</p>

NASDAQ:ADSK