Autodesk Stock Slides 24% Over 8 Straight Down Days
A persistent slide in the software maker’s stock is now drawing attention to the gap between its price and its business performance.
Autodesk (ADSK) stock has now moved lower for 8 consecutive trading days, shedding a cumulative 23.6% over the period. That decline has erased about $13 billion from the company’s market value, which now stands at about $43 billion.
For anyone holding the stock, this eight-day slide did not merely drive recent returns—it wiped out solid prior gains. The streak’s 23.6% drop erased Autodesk’s positive momentum over the preceding months, dragging its one-month and three-month returns down to -19.3% and -7.8%, respectively.
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 | -2.6% | -0.5% |
| 8D (Current Streak) | -23.6% | -1.2% |
| 1M (21D) | -19.3% | -1.5% |
| 3M (63D) | -7.8% | 3.4% |
| YTD 2026 | -30.2% | 11.6% |
| 2025 | 0.1% | 16.4% |
| 2024 | 21.4% | 23.3% |
| 2023 | 30.3% | 24.2% |
Has the selling gotten ahead of the fundamentals?
The data suggests a disconnect may be forming. Autodesk’s revenue over the last twelve months grew 17.9%, more than double the S&P 500 median of 8.3%. Its operating margin of 27.9% is also well above the index median of 18.7%. The stock trades at a price-to-earnings multiple of 26.4, which is above the S&P 500 median of 22.9 but below the median of 35.8 for Information Technology stocks.
This streak is primarily the stock’s own story. Over the same 8 trading days, the S&P 500 returned -1.2%. While sustained moves draw attention, they are not unique; 2 other S&P 500 stocks are currently on losing streaks of 8 days or more.
A streak is information, not an instruction.
An extended move in either direction is a signal of persistent momentum and concentrated investor attention. It is not, by itself, a reason to buy or sell. The disciplined response is to use the new price as a prompt to re-evaluate the underlying business.
The numbers here provide a starting point for that work, showing a profitable and growing company whose valuation has fallen significantly. The key question is whether the business outlook still supports the price, even after the recent drop.
A slide like this naturally prompts an evaluation of which beaten-down stocks present attractive fundamentals. Our Buy the Dip screen screens for these dynamics daily, identifying companies where underlying business health may diverge from recent price declines.
A signal in one name, but noise in a portfolio
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. Let portfolio discipline, rather than short-term volatility, guide your next move.