Autodesk Stock Slides 19% Over 6 Straight Down Days
A multi-day slide has erased billions in market value, raising questions about whether the price now reflects the company’s performance.
Shares of Autodesk (ADSK) have now moved lower for 6 consecutive trading days, posting a cumulative loss of 19% over the period. That slide has erased about $11 billion from the company’s market value, which now stands at about $46 billion.
For an investor holding the stock, which now trades at about $217.9 a share, such a move forces a fresh look at the underlying business against its new, lower price.
ADSK Versus The S&P 500, Streak And Beyond
Here is how ADSK stock stacks up against the S&P 500 over the streak and the periods around it:
| Return Period | ADSK | S&P 500 |
|---|---|---|
| 1D | -8.3% | -0.4% |
| 6D (Current Streak) | -19.5% | -0.2% |
| 1M (21D) | -10.1% | 0.1% |
| 3M (63D) | -5.2% | 4.5% |
| YTD 2026 | -26.4% | 12.8% |
| 2025 | 0.1% | 16.4% |
| 2024 | 21.4% | 23.3% |
| 2023 | 30.3% | 24.2% |
Has the selling disconnected from the business?
The data suggests a growing gap between the stock’s recent performance and the company’s fundamentals. Revenue over the last twelve months grew 17.9%, outpacing the S&P 500 median revenue growth of 8.4%. Autodesk’s operating margin over the last twelve months is 27.9%, also ahead of the 18.6% median for the index.
After the sell-off, the stock trades at a price-to-earnings multiple of 27.9. This is above the S&P 500 median of 23.2 but below the median of 36.4 among Information Technology stocks. The move appears to be specific to the company; over the same 6 trading days, the S&P 500 returned -0.2%. For context, 3 other S&P 500 stocks are currently on losing streaks of 6 days or more.
A streak is a signal, not a command.
A streak is information. It tells you where momentum and market attention are currently focused, but it does not provide an instruction to buy or sell. The disciplined response is to do exactly what the situation invites: check the business against the price.
The numbers here show a profitable, growing business with a free cash flow yield of 6.1%. Whether the recent 19% discount makes it an opportunity is a decision that starts with that fundamental picture.
A slide like this always poses the same follow-up: which marked-down stocks are actually worth buying? Our Buy the Dip screen runs that test every day, flagging beaten-down names whose fundamentals still hold up.
Weakness In One Name Should Be Noise, Not News
For a diversified holder, a streak like this is a data point. For a concentrated one, it is a hole in the plan. The difference is never the stock; it is the portfolio built around it.
Building that portfolio is what the Trefis High Quality (HQ) Portfolio does: roughly 30 businesses with the cash generation and balance-sheet strength to absorb a bad month, selected and rebalanced by rules. It has a track record of outpacing a benchmark that combines the three major indices – the S&P 500, S&P Mid-cap, and Russell 2000. Make the next streak, in either direction, someone else’s drama.