Autodesk (NASDAQ:ADSK) Price Target Lowered to $235.00 at Loop Capital

Autodesk (NASDAQ:ADSK) had its price target decreased by Loop Capital from $250.00 to $235.00 in a research report report published on Friday morning,MarketScreener reports. Loop Capital currently has a hold rating on the software company’s stock.

Several other equities analysts have also recently commented on the stock. Royal Bank Of Canada reduced their price target on shares of Autodesk from $335.00 to $305.00 and set an “outperform” rating on the stock in a research report on Friday. Piper Sandler reduced their price target on shares of Autodesk from $383.00 to $369.00 and set an “overweight” rating on the stock in a research report on Friday. Zacks Research cut shares of Autodesk from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 14th. BTIG Research reaffirmed a “buy” rating and set a $300.00 price target on shares of Autodesk in a research report on Friday. Finally, Arete Research reduced their price target on shares of Autodesk from $460.00 to $456.00 and set a “buy” rating on the stock in a research report on Thursday, March 26th. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $327.75.

Autodesk Stock Down 4.0%

Shares of Autodesk stock opened at $231.31 on Friday. The business has a 50-day moving average of $238.52 and a 200-day moving average of $260.41. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.85 and a quick ratio of 0.85. The company has a market capitalization of $48.84 billion, a PE ratio of 33.72, a P/E/G ratio of 1.55 and a beta of 1.32. Autodesk has a 1-year low of $214.10 and a 1-year high of $329.09.

Autodesk (NASDAQ:ADSK) last announced its earnings results on Thursday, May 28th. The software company reported $2.99 earnings per share for the quarter, beating the consensus estimate of $2.84 by $0.15. The company had revenue of $1.93 billion during the quarter, compared to the consensus estimate of $1.89 billion. Autodesk had a return on equity of 58.65% and a net margin of 19.49%.The company’s revenue was up 18.4% on a year-over-year basis. During the same period last year, the firm earned $2.29 earnings per share. Autodesk has set its FY 2027 guidance at 12.400-12.650 EPS and its Q2 2027 guidance at 3.100-3.140 EPS. As a group, equities analysts forecast that Autodesk will post 9.35 EPS for the current fiscal year.

Insider Transactions at Autodesk

In other Autodesk news, Director Stacy J. Smith bought 3,435 shares of the business’s stock in a transaction on Friday, May 29th. The shares were purchased at an average price of $231.17 per share, with a total value of $794,068.95. Following the completion of the acquisition, the director directly owned 26,517 shares of the company’s stock, valued at approximately $6,129,934.89. The trade was a 14.88% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.14% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Autodesk

A number of large investors have recently bought and sold shares of ADSK. Torren Management LLC bought a new position in Autodesk in the fourth quarter worth about $25,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Autodesk during the third quarter valued at approximately $25,000. Kemnay Advisory Services Inc. bought a new stake in shares of Autodesk during the fourth quarter valued at approximately $25,000. Archer Investment Corp increased its stake in shares of Autodesk by 112.2% during the fourth quarter. Archer Investment Corp now owns 87 shares of the software company’s stock valued at $26,000 after acquiring an additional 46 shares during the period. Finally, Prosperity Bancshares Inc bought a new stake in Autodesk during the fourth quarter worth approximately $27,000. Institutional investors own 90.24% of the company’s stock.

Trending Headlines about Autodesk

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Autodesk beat first-quarter estimates, with revenue rising 18% year over year and EPS coming in above consensus, showing continued demand across construction, manufacturing, and AI-driven workflows.
• Positive Sentiment: The company raised fiscal 2027 guidance, which signals management confidence in continued growth and margin expansion.
• Positive Sentiment: DA Davidson reaffirmed its Buy rating and set a $325 price target, implying significant upside from current levels.
• Positive Sentiment: BTIG also reiterated a Buy rating, while Wells Fargo maintained an Overweight view and Piper Sandler kept an Overweight rating, suggesting Street confidence remains intact.
• Neutral Sentiment: Autodesk announced it will present at upcoming investor conferences, which may keep investor attention on the name but is not an immediate catalyst.
• Negative Sentiment: Shares are weaker because investors are worried the MaintainX acquisition could create execution risk, integration challenges, and pressure on margins and financing.
• Negative Sentiment: Some analysts trimmed price targets, including BMO Capital, Loop Capital, Wells Fargo, and Piper Sandler, reflecting a more cautious stance after the deal announcement.

Autodesk Company Profile

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.