Feb 26 (Reuters) - Autodesk ADSK.O forecast annual revenue above Wall Street estimates on Thursday, betting on growing demand for its design and engineering software.

Shares of the San Francisco, California-based company rose more than 1% in extended trading.

Demand for Autodesk's products is growing steadily across construction, infrastructure and manufacturing industries, with rising subscription renewals and expanding enterprise agreements among large customers.

The company offers software that helps users design buildings, infrastructure and products by using data-rich 3D models rather than traditional blueprints.

Its tools are also used in movies and games to create 3D animation and visual effects, and to manage production.

In January, the company said it would shed about 7% of its global workforce, or roughly 1,000 jobs, as it aims to redirect spending to its cloud platform and artificial intelligence efforts.

The company forecast fiscal 2027 revenue between $8.10 billion and $8.17 billion, above analysts' average estimate of $7.97 billion, according to data compiled by LSEG.

It expects annual adjusted profit between $12.29 and $12.56 per share, compared with estimates of $11.62 apiece.

For the fourth quarter, revenue grew 19% to $1.96 billion, beating estimates of $1.91 billion. Adjusted profit came in at $2.85 per share, exceeding estimates of $2.64 apiece.