Investor skepticism toward automation risks weighed on Autodesk, erasing 31% of its value despite broader AI-driven market gains in Q2 2026.
Autodesk (NASDAQ:ADSK) shares fell 31.11% over the past quarter, closing at $209.75 on July 24, 2026, as investors favored AI-related stocks over software firms. The company’s market capitalization stood at $44.29 billion, with a one-month return of 7.43% offset by broader losses.
The decline reflects market concerns about automation displacing traditional software demand, despite Autodesk’s long-term growth potential in 3D design and engineering. Meanwhile, AI-driven sectors, including semiconductors and data centers, saw exceptional gains, lifting benchmarks like the MSCI ACWI.
WS Amati Global Innovation Fund outperformed the benchmark by diversifying beyond headline AI names, though software and IT services faced heightened scrutiny.