Autodesk (NASDAQ:ADSK – Get Free Report)‘s stock had its “overweight” rating restated by investment analysts at Piper Sandler in a report released on Monday,Benzinga reports. They currently have a $383.00 price objective on the software company’s stock, up from their prior price objective of $373.00. Piper Sandler’s price target suggests a potential upside of 51.14% from the stock’s previous close.
A number of other research analysts have also commented on ADSK. Bank of America boosted their price target on shares of Autodesk from $360.00 to $365.00 and gave the company a “neutral” rating in a research report on Wednesday, November 26th. Citigroup reduced their target price on Autodesk from $382.00 to $315.00 and set a “buy” rating for the company in a research report on Wednesday, February 18th. UBS Group lowered their price target on Autodesk from $400.00 to $290.00 and set a “buy” rating on the stock in a report on Monday, February 23rd. Arete Research boosted their price target on shares of Autodesk from $430.00 to $460.00 and gave the stock a “buy” rating in a research note on Thursday, December 11th. Finally, KeyCorp reissued an “overweight” rating on shares of Autodesk in a report on Tuesday, December 16th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $341.96.
Check Out Our Latest Report on ADSK
Autodesk Trading Up 2.6%
Autodesk (NASDAQ:ADSK – Get Free Report) last issued its quarterly earnings data on Thursday, February 26th. The software company reported $2.85 EPS for the quarter, beating the consensus estimate of $2.64 by $0.21. The company had revenue of $1.96 billion during the quarter, compared to analysts’ expectations of $1.91 billion. Autodesk had a net margin of 15.60% and a return on equity of 53.51%. Autodesk’s revenue for the quarter was up 19.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.29 earnings per share. Autodesk has set its FY 2027 guidance at 12.290-12.560 EPS and its Q1 2027 guidance at 2.820-2.860 EPS. On average, equities analysts forecast that Autodesk will post 5.76 EPS for the current fiscal year.
Institutional Trading of Autodesk
Several institutional investors have recently added to or reduced their stakes in ADSK. Vanguard Group Inc. lifted its stake in shares of Autodesk by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 21,493,167 shares of the software company’s stock valued at $6,362,192,000 after acquiring an additional 78,928 shares during the last quarter. State Street Corp increased its stake in Autodesk by 0.7% in the 4th quarter. State Street Corp now owns 10,157,826 shares of the software company’s stock worth $3,006,818,000 after purchasing an additional 70,053 shares during the period. Loomis Sayles & Co. L P increased its stake in Autodesk by 1.5% in the 2nd quarter. Loomis Sayles & Co. L P now owns 5,831,447 shares of the software company’s stock worth $1,805,241,000 after purchasing an additional 88,066 shares during the period. Geode Capital Management LLC lifted its position in Autodesk by 2.2% in the fourth quarter. Geode Capital Management LLC now owns 5,682,041 shares of the software company’s stock valued at $1,677,404,000 after purchasing an additional 123,691 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its stake in shares of Autodesk by 18.9% during the third quarter. Massachusetts Financial Services Co. MA now owns 3,544,520 shares of the software company’s stock valued at $1,125,988,000 after purchasing an additional 564,136 shares during the period. 90.24% of the stock is currently owned by hedge funds and other institutional investors.
Key Stories Impacting Autodesk
Here are the key news stories impacting Autodesk this week:
- Positive Sentiment: Multiple analyst upgrades and hikes — Citigroup raised its price target to $331 and kept a Buy, while Piper Sandler reaffirmed an Overweight and lifted its target to $383, signaling continued analyst confidence in upside. Citigroup Price Target
- Positive Sentiment: Q4 results and guidance momentum — Autodesk reported strong Q4 revenue (about +19% YoY) and metrics that beat guidance, which supports the bullish analyst tone and underlying subscription/ARR growth story. Q4 Revenue Beat
- Positive Sentiment: New AI use case partnership — Autodesk partnered with BioDapt to apply Fusion AI design tools to high‑performance prosthetics, demonstrating potential product-led expansion of cloud/AI workflows into adjacent manufacturing and healthcare niches. This can broaden TAM and investor interest. BioDapt Alliance
- Neutral Sentiment: Mixed price‑target actions — several shops issued different updates in the last 48 hours (raises and cuts: Wells Fargo, RBC, DA Davidson, Deutsche Bank adjustments). This creates divergent short‑term views even as consensus remains generally positive. (Example item) Wells Fargo Target Cut
- Neutral Sentiment: Short‑interest data appears non‑informative / reporting glitch — recent short‑interest entries show zero or NaN values, so there’s no clear short squeeze pressure evident from the published data right now.
- Negative Sentiment: Competitive product developments — PTC expanded Onshape with advanced cloud‑native model‑based definition (MBD) features; continued competitor innovation in cloud CAD/PLM could pressure Autodesk’s market share or slow customer migrations. PTC Onshape Expansion
About Autodesk
Autodesk, Inc (NASDAQ: ADSK) is a software company that develops design and creation tools for the architecture, engineering and construction (AEC), manufacturing, and media and entertainment industries. Headquartered in San Rafael, California, the company was founded in 1982 and is best known for pioneering CAD (computer-aided design) software. Autodesk sells products and services to a global customer base, including architects, engineers, contractors, product designers, and content creators.
The company’s product portfolio includes industry-standard design and modeling applications such as AutoCAD, Revit, Inventor, Fusion 360, Maya and 3ds Max, as well as cloud-based collaboration and project management platforms like BIM 360 and Autodesk Construction Cloud.
Featured Articles
- Five stocks we like better than Autodesk
- New Copper-Rich “Kraken” Zone Discovered
- 1,500 Banks Just Handed the Fed Your Bank Account
- Silver’s squeeze is tightening – opportunity forming
- America’s 1776 happening again
- Here are subject line variants for this gold/Iran escalation creative:
Receive News & Ratings for Autodesk Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Autodesk and related companies with MarketBeat.com's FREE daily email newsletter.
