Autodesk (NASDAQ:ADSK) Price Target Lowered to $350.00 at Wells Fargo & Company

Autodesk (NASDAQ:ADSK) had its price target cut by Wells Fargo & Company from $365.00 to $350.00 in a research note issued to investors on Friday,MarketScreener reports. The brokerage currently has an “overweight” rating on the software company’s stock. Wells Fargo & Company‘s price objective suggests a potential upside of 49.93% from the stock’s previous close.

A number of other research analysts also recently commented on the stock. Arete Research raised their target price on shares of Autodesk from $430.00 to $460.00 and gave the company a “buy” rating in a research report on Thursday, December 11th. BTIG Research cut their price target on Autodesk from $365.00 to $300.00 and set a “buy” rating on the stock in a report on Friday. JPMorgan Chase & Co. upgraded Autodesk from a “neutral” rating to an “overweight” rating and set a $319.00 target price on the stock in a research note on Monday, February 2nd. HSBC cut their price objective on shares of Autodesk from $388.00 to $379.00 and set a “buy” rating on the stock in a research report on Friday, November 28th. Finally, Macquarie Infrastructure raised their target price on shares of Autodesk from $380.00 to $400.00 and gave the company an “outperform” rating in a research note on Wednesday, November 26th. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $344.39.

Autodesk Trading Up 3.8%

NASDAQ ADSK opened at $233.45 on Friday. The stock has a market cap of $49.49 billion, a PE ratio of 45.24, a PEG ratio of 1.57 and a beta of 1.45. Autodesk has a 12 month low of $215.01 and a 12 month high of $329.09. The company’s 50-day moving average price is $262.12 and its 200-day moving average price is $290.14. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.86.

Autodesk (NASDAQ:ADSK) last issued its earnings results on Thursday, February 26th. The software company reported $2.85 EPS for the quarter, topping analysts’ consensus estimates of $2.64 by $0.21. The business had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.91 billion. Autodesk had a net margin of 16.09% and a return on equity of 52.06%. The company’s quarterly revenue was up 19.4% compared to the same quarter last year. During the same period last year, the company posted $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. Equities research analysts forecast that Autodesk will post 5.76 earnings per share for the current year.

Institutional Investors Weigh In On Autodesk

Hedge funds and other institutional investors have recently bought and sold shares of the company. Measured Wealth Private Client Group LLC purchased a new position in shares of Autodesk during the 3rd quarter worth approximately $25,000. Kemnay Advisory Services Inc. acquired a new stake in Autodesk during the fourth quarter worth approximately $25,000. Proffitt & Goodson Inc. purchased a new stake in shares of Autodesk in the 3rd quarter valued at about $27,000. Torren Management LLC acquired a new stake in shares of Autodesk in the fourth quarter valued at approximately $25,000. Finally, Archer Investment Corp increased its stake in Autodesk by 112.2% in the fourth quarter. Archer Investment Corp now owns 87 shares of the software company’s stock valued at $26,000 after purchasing an additional 46 shares during the period. 90.24% of the stock is currently owned by institutional investors and hedge funds.

More Autodesk News

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Q4 beat and strong guidance — Autodesk reported EPS of $2.85 and revenue of $1.96B (up ~19% YoY), topping estimates; management set FY2027 EPS guidance of $12.29–$12.56 and Q1 EPS of $2.82–$2.86, both well above Street expectations. This combination of beats plus strong forward guidance is the primary catalyst supporting the stock’s rise. AUTODESK, INC. ANNOUNCES FISCAL 2026 FOURTH QUARTER RESULTS
• Positive Sentiment: AI strategy highlighted on the call — Management and recent transcripts emphasize rollout of AI capabilities (frontier + proprietary models focused on 3D design), which investors see as a durable growth and margin expansion lever. Earnings Call Transcript
• Positive Sentiment: Analyst support persists — William Blair maintained a Buy rating today, citing conservative growth outlook plus strong AI positioning that supports upside. Continued buy ratings add conviction for investors. TipRanks: William Blair Maintains Buy
• Neutral Sentiment: BTIG trims price target but keeps Buy — BTIG cut its target from $365 to $300 (still a material upside vs. current levels) while retaining a Buy rating; this reduces some upside expectations but keeps analyst support intact. Benzinga: BTIG Lowers Price Target
• Neutral Sentiment: Other PT moves — Rosenblatt lowered its price target to $330; continued PT adjustments reflect differing views on valuation but haven’t led to broad downgrades. AmericanBankingNews: Rosenblatt Lowers PT
• Neutral Sentiment: Investor events scheduled — Autodesk will present at investor conferences (Morgan Stanley on March 4); additional investor visibility can help sustain positive momentum if management reinforces guidance and AI road map. PR Newswire: Investor Conferences
• Negative Sentiment: Rising short interest — Short interest increased materially in February (reports show ~6.4M shares short, ~3% of float), which can add downward pressure or create volatility if sentiment shifts. (No link provided)

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.