Autodesk shares fell 16.6% in eight days through 9 September, despite recently reporting revenue and earnings above guidance. The software company's trailing twelve-month revenue reached $7.79 billion, up 17.9%, exceeding its three-year average growth of 14.4%. The company's CFO noted that a new transaction model added roughly 2 percentage points to second-quarter revenue growth of 16%, contributing about 1.5 points across the full fiscal year. This boost will not recur in fiscal 2028. Autodesk completed its acquisition of MaintainX on 3 August. The high-growth business was unprofitable at purchase and impacts fiscal 2027 operating margins. Management maintained its fiscal 2027 non-GAAP operating margin guidance and expects modest improvement to 39% in fiscal 2028, targeting 41% by fiscal 2029.

Eaton and Autodesk are expanding their collaboration to streamline electrical system delivery in increasingly complex commercial buildings. Eaton developed Workbench 360, a connected platform that integrates its electrical equipment data and engineering expertise with Autodesk Revit, Autodesk Forma, and Autodesk Tandem. The platform aims to maintain visibility across the building lifecycle, from design through construction to operations. Engineers can access Eaton BIM content and product information during design, whilst Forma Build extends visibility to equipment status, submittals, and shipping information during execution. The collaboration addresses challenges including labour shortages, technical complexity, and coordination issues facing building project teams. Eaton reported revenues of $27.4 billion in 2025 and serves customers in 180 countries.

Autodesk has raised approximately $500 million through a fixed income offering of 5.050% senior unsecured notes due September 2029. This provides fresh information about its capital structure. The equity story has moved in the opposite direction. Autodesk's share price is down 19.3% over the past 30 days and 27.9% year to date, whilst the one-year total shareholder return has fallen 36.2%. Autodesk's most followed narrative points to a fair value of $318.53 against a last close of $206.62, suggesting the stock could be 35.1% undervalued. Accelerating adoption of cloud-based platforms such as Autodesk Construction Cloud and Fusion 360, along with ongoing rollout of subscription and software-as-a-service models, are increasing recurring revenue and improving margin stability.