Autodesk (NASDAQ:ADSK – Get Free Report) had its price objective reduced by DA Davidson from $375.00 to $325.00 in a research report issued on Friday,MarketScreener reports. The brokerage currently has a “buy” rating on the software company’s stock. DA Davidson’s price objective would indicate a potential upside of 36.88% from the company’s previous close.
A number of other analysts have also recently issued reports on the company. Barclays reduced their target price on shares of Autodesk from $390.00 to $300.00 and set an “overweight” rating for the company in a research note on Friday, February 20th. Macquarie Infrastructure upped their price target on Autodesk from $380.00 to $400.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 26th. Morgan Stanley cut their price objective on shares of Autodesk from $385.00 to $350.00 and set an “overweight” rating on the stock in a research report on Monday. Wells Fargo & Company reduced their target price on shares of Autodesk from $365.00 to $350.00 and set an “overweight” rating for the company in a report on Friday. Finally, HSBC lowered their price target on shares of Autodesk from $388.00 to $379.00 and set a “buy” rating on the stock in a research note on Friday, November 28th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $344.39.
View Our Latest Analysis on Autodesk
Autodesk Stock Up 1.7%
Autodesk (NASDAQ:ADSK – Get Free Report) last released its quarterly earnings results on Thursday, February 26th. The software company reported $2.85 earnings per share for the quarter, beating analysts’ consensus estimates of $2.64 by $0.21. Autodesk had a net margin of 16.09% and a return on equity of 52.06%. The business had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.91 billion. During the same quarter last year, the firm earned $2.29 EPS. Autodesk’s revenue for the quarter was up 19.4% on a year-over-year basis. Autodesk has set its FY 2027 guidance at 12.290-12.560 EPS and its Q1 2027 guidance at 2.820-2.860 EPS. As a group, analysts expect that Autodesk will post 5.76 EPS for the current fiscal year.
Institutional Investors Weigh In On Autodesk
A number of institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in Autodesk by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 21,493,167 shares of the software company’s stock worth $6,362,192,000 after purchasing an additional 78,928 shares during the last quarter. State Street Corp lifted its holdings in Autodesk by 0.7% during the fourth quarter. State Street Corp now owns 10,157,826 shares of the software company’s stock worth $3,006,818,000 after acquiring an additional 70,053 shares during the period. Loomis Sayles & Co. L P boosted its position in Autodesk by 1.5% in the second 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 last quarter. Geode Capital Management LLC grew its stake in Autodesk by 2.2% in the 4th 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 period. Finally, Massachusetts Financial Services Co. MA grew its stake in Autodesk by 18.9% in the 3rd 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. Institutional investors own 90.24% of the company’s stock.
Autodesk News Roundup
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)
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.
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