EL7.AI
StocksMediumUpdated•Originally published 27 August 2026•Updated 28 August 2026•
1 min read

Autodesk Raises FY2027 Guidance Following Strong Q2 Revenue and Billings Growth

Key Facts

1Autodesk reported second quarter revenue growth of 16% year-over-year to $2.05 billion.
2Workday announced total Q2 revenues of $2.649 billion, up 12.8% year-over-year.
3Darden Restaurants plans to release its fiscal first quarter results on September 24, 2026.

Reflecting growing optimism in design software demand, Autodesk has raised its full-year fiscal 2027 guidance following a robust second-quarter performance. According to reports, the company achieved a 16% revenue increase to $2.05 billion and reported a 10% year-over-year rise in billings, which reached 12% on a constant currency basis. This upward revision coincides with Workday reporting a 12.8% revenue growth to $2.649 billion, further validating the resilience of the enterprise software sector.

Per market data, Autodesk (ADSK) shares closed at $270.58 on August 26, 2026, having reached a daily high of $253.86. On the same date, Workday (WDAY) settled at $189.7, while Darden Restaurants (DRI) closed at $219.29. These price levels indicate steady performance among major software players compared to the broader consumer sector, as enterprises continue to prioritize digital transformation and cloud-based infrastructure investments.

Looking ahead, investors are focusing on Darden Restaurants, which is scheduled to release its fiscal first-quarter results on September 24, 2026. Based on closing data from August 26, 2026, ADSK faces immediate resistance near its recent high of $253.86, while WDAY traders will be watching for sustained support above the $188.05 level to maintain current momentum.