ADSK Stock Recent News

SAN FRANCISCO , March 26, 2025 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today issued the following statement in response to comments made by Starboard Value LP ("Starboard"): "Autodesk is delivering strong business and financial results, positioning us to drive significant shareholder value. Our strategy is working, as evidenced by our recent performance.

Starboard Value is nominating three directors to design and engineering software maker Autodesk's board, the activist investor said on Wednesday, rekindling its proxy battle with the company over margin concerns.

NEW YORK--(BUSINESS WIRE)--Starboard Value LP (together with its affiliates, “Starboard”), a significant stockholder of Autodesk, Inc. (“Autodesk” or the “Company”) (NASDAQ: ADSK), with an ownership stake valued at more than $500 million, today announced that it has delivered a letter to the Company's shareholders. The full text of the letter to the Company's shareholders can be viewed here. About Starboard Value LP Starboard Value LP is an investment adviser with a focused and differentiated f.

SAN FRANCISCO , March 19, 2025 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today issued the following statement addressing Starboard Value LP's ("Starboard") intent to nominate directors for election to the Autodesk Board of Directors: Autodesk's Board and management team have reviewed Starboard's latest letter. We are always committed to acting in the best interests of our company and shareholders – as demonstrated by our strong recent financial results, the deliberate strategic initiatives we have implemented to generate significant long-term value and our ongoing board refreshment.

Starboard Value is launching a boardroom battle at Autodesk and is looking to nominate directors to its board, the activist investor said on Wednesday, intensifying a prolonged struggle to effect changes at the design software maker.

NEW YORK--(BUSINESS WIRE)--Starboard Value LP (together with its affiliates, “Starboard”), a significant stockholder of Autodesk, Inc. (“Autodesk” or the “Company”) (NASDAQ: ADSK), with an ownership stake valued at more than $500 million, today announced that it has delivered a letter to the Company's shareholders. The full text of the letter to the Company's shareholders can be viewed here. About Starboard Value LP Starboard Value LP is an investment adviser with a focused and differentiated f.

The activist investor intends to nominate a minority board slate in time for Autodesk's annual meeting as it believes it is underperforming peers.

Activist investor Starboard Value is preparing to wage a proxy fight at the design-software maker Autodesk , the Wall Street Journal reported on Tuesday.

Starboard has a more than $500 million stake and plans to nominate a minority board slate.

Autodesk's Q4 results exceeded expectations with $2.29 EPS and $1.64 billion revenue, and the company provided an optimistic guidance for fiscal 2026. Efficiency improvements and a 9% workforce reduction are expected to boost margins, with significant free cash flow and share buybacks as catalysts. After a 20% stock drop, Autodesk's valuation is attractive, with a one-year price target of $327 and potential for 36% growth under the best-case scenario.