Science Applications International, Autodesk And 3 Stocks To Watch Heading Into Monday
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 03 2024
0mins
Should l Buy ADSK?
Source: Benzinga
- Science Applications International Corporation (SAIC): Expected to report earnings of $1.92 per share on revenue of $1.84 billion, with shares rising 3.4% in after-hours trading.
- Autodesk, Inc.: Named Elizabeth Rafael as interim CFO and posted strong preliminary results for the first quarter, beating market estimates, leading to a 7.2% jump in shares.
- HealthEquity, Inc.: Analysts anticipate quarterly earnings at 66 cents per share on revenue of $278.11 million, with shares up 1.4% in after-hours trading.
- MingZhu Logistics Holdings Limited: Reported an agreement to acquire Oxylus Global, causing shares to surge by 66.6% in after-hours trading.
- Lavoro Limited: Expected to post quarterly earnings at 3 cents per share on revenue of $619.07 million, with shares falling 3.5% in after-hours trading.
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Analyst Views on ADSK
Wall Street analysts forecast ADSK stock price to rise
23 Analyst Rating
21 Buy
2 Hold
0 Sell
Strong Buy
Current: 242.020
Low
319.00
Averages
373.10
High
400.00
Current: 242.020
Low
319.00
Averages
373.10
High
400.00
About ADSK
Autodesk, Inc. is engaged in three-dimensional (3D) design, engineering and entertainment technology solutions, spanning architecture, engineering, construction, product design, manufacturing, media and entertainment. Its architecture, engineering, construction and operations products improve the way building, infrastructure, and industrial projects are designed, built, and operated. Its product development and manufacturing software provides manufacturers in the automotive, transportation, industrial machinery, consumer products, and building product industries with comprehensive digital design, engineering, manufacturing, and production solutions. Its product offerings include AutoCAD Civil 3D, Autodesk Build, BIM Collaborate Pro, Building Connected, Revit, Tandem, AutoCAD, AutoCAD LT, Inventor, Vault, Maya, 3ds Max, Flow Production Tracking, among others. AutoCAD Civil 3D solution offers surveying, design, analysis, and documentation solution.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Oil Price Surge Impact: WTI crude oil prices rose over 2% due to escalating tensions between Iran and the US, potentially exacerbating global oil and fuel shortages, which negatively affects airline and cruise line profitability, leading to declines in related stocks.
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- Market Reaction Analysis: Burry noted a 'reflexive positive feedback loop' between falling equity prices and stress in bank debt related to software companies, which accelerated the declines, and he expects these technical pressures will not affect these stocks for much longer.
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