Autodesk Under Fire: Activist Investor Demands Changes
Autodesk Under Fire: Activist Investor Demands Changes
Starboard urges the Board to immediately reassess CEO Andrew Anagnost's performance to determine if he remains the best choice for Autodesk.Autodesk, Inc. (NASDAQ:ADSK) shares are trading higher after activist investor Starboard issued a presentation urging improvements at the company.
纳斯达克上欧特克股票（Autodesk，Inc.）在激进投资者Starboard发表演讲敦促公司改进后交易上涨。
The presentation underscores seven years of unmet financial targets, subpar profitability, and continued share price decline under CEO Andrew Anagnost.
演讲强调安德鲁·安纳戈斯特（Andrew Anagnost）担任首席执行官下的7年未达成的财务目标、低劣的盈利能力和持续的股价下跌。
According to Starboard's presentation, the Board has not held management accountable for these outcomes. Starboard has urged the Board to prioritize value-enhancing opportunities.
根据Starboard的演讲，董事会没有对管理层对这些结果负责。Starboard敦促董事会优先考虑增强价值的机会。
Starboard urges the Board to immediately reassess CEO Andrew Anagnost's performance to determine if he remains the best choice for Autodesk.
Starboard敦促董事会立即重新评估首席执行官安德鲁·安纳戈斯特的业绩，以确定他是否仍然是欧特克最佳的选择。
They also pointed out that the company should focus on boosting operating margins by at least 1,000 basis points and improving budgeting practices to ensure rigorous financial planning and significant operating leverage.
他们还指出，公司应专注于将运营利润率提高至少1000个基点，并改善预算实践，以确保严格的财务规划和显著的经营杠杆效应。
Additionally, Starboard demanded that Autodesk revise its compensation practices to align executive pay with shareholder value and discontinue setting annual targets for long-term compensation.
此外，Starboard要求欧特克修订其薪酬实践，以使执行薪酬与股东价值相一致，并停止设定长期薪酬的年度目标。
Related: Autodesk Stock Jumps As Activist Investor Pushes For Margin Improvement, Board Changes: The Details
相关文章：激进投资者推动欧特克（Autodesk）改善利润率和董事会变化，欧特克股票飙升：详细信息
They believe Autodesk should aim for approximately 55% incremental margins, similar to its design software peers.
他们认为欧特克应当达到约55％的增量毛利率，类似于其设计软件同行。
With such practices, Starboard projects that Autodesk can reach over 45% adjusted operating margins and $3.4 billion in adjusted EBITDA by FY2027, as well as $6+ billion of share repurchases through FY2027.
通过这样的实践，Starboard预计欧特克可以在2027财年达到45％以上的调整后运营利润率和34亿美元的调整后EBITDA，以及通过2027财年超过60亿美元的股票回购。
In June, Autodesk reported first-quarter EPS of $1.87, which beat the analyst consensus estimate of $1.77, and sales came in at $1.42 billion, exceeding the analyst consensus estimate.
6月，欧特克报告了每股收益1.87美元的第一季度业绩，超过了分析师的一致预期，销售额达到了14.2亿美元，超出了分析师的一致预期。
Investors can gain exposure to the stock via Pacer BlueStar Engineering the Future ETF (NASDAQ:BULD) and ProShares S&P Kensho Smart Factories ETF (NYSE:MAKX).
投资者可以通过etf（Pacer BlueStar Engineering the Future ETF（纳斯达克股票代码：BULD）和ProShares S&P Kensho Smart Factories ETF（纽约证券交易所股票代码：MAKX）。）获得该股票的风险暴露。
Price Action: ADSK shares are up 3.62% at $233.88 at the last check Tuesday.
最后一次检查时，ADSk股价上涨了3.62%，至233.88美元。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免责声明：本内容部分使用人工智能工具生成，并经Benzinga编辑审核发布。
Image: courtesy of Autodesk
图片：由欧特克提供
