NewEdge Wealth LLC Boosts Position in Autodesk, Inc. $ADSK

NewEdge Wealth LLC increased its position in shares of Autodesk, Inc. (NASDAQ:ADSK) by 120.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,674 shares of the software company’s stock after acquiring an additional 3,097 shares during the quarter. NewEdge Wealth LLC’s holdings in Autodesk were worth $1,708,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of ADSK. Brighton Jones LLC grew its stake in shares of Autodesk by 14.5% in the 4th quarter. Brighton Jones LLC now owns 1,162 shares of the software company’s stock valued at $343,000 after buying an additional 147 shares during the period. Sivia Capital Partners LLC lifted its holdings in Autodesk by 98.1% in the second quarter. Sivia Capital Partners LLC now owns 2,472 shares of the software company’s stock valued at $765,000 after acquiring an additional 1,224 shares during the last quarter. Stratos Wealth Partners LTD. purchased a new position in Autodesk in the second quarter worth approximately $201,000. Schnieders Capital Management LLC. purchased a new position in Autodesk in the second quarter worth approximately $466,000. Finally, Cullen Frost Bankers Inc. increased its stake in Autodesk by 26.7% during the second quarter. Cullen Frost Bankers Inc. now owns 1,423 shares of the software company’s stock worth $441,000 after acquiring an additional 300 shares during the last quarter. Hedge funds and other institutional investors own 90.24% of the company’s stock.

Wall Street Analysts Forecast Growth

ADSK has been the topic of several recent analyst reports. Piper Sandler reaffirmed an “overweight” rating on shares of Autodesk in a research note on Tuesday, January 13th. HSBC decreased their target price 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. BTIG Research initiated coverage on shares of Autodesk in a research report on Tuesday, December 16th. They set a “buy” rating and a $365.00 price target for the company. Macquarie Infrastructure boosted their price target 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. Finally, Wolfe Research decreased their price objective on shares of Autodesk from $390.00 to $330.00 and set an “outperform” rating on the stock in a report on Monday, February 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, Autodesk presently has an average rating of “Moderate Buy” and a consensus target price of $358.96.

Autodesk Stock Down 0.9%

Shares of NASDAQ:ADSK opened at $226.98 on Friday. The firm has a market capitalization of $48.12 billion, a PE ratio of 43.99, a price-to-earnings-growth ratio of 1.59 and a beta of 1.45. Autodesk, Inc. has a 1 year low of $216.01 and a 1 year high of $329.09. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.82 and a quick ratio of 0.82. The firm’s 50-day moving average is $267.77 and its two-hundred day moving average is $292.10.

Autodesk (NASDAQ:ADSK) last posted its quarterly earnings data on Tuesday, November 25th. The software company reported $2.67 EPS for the quarter, beating the consensus estimate of $2.50 by $0.17. The business had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.81 billion. Autodesk had a net margin of 16.09% and a return on equity of 52.06%. The business’s revenue for the quarter was up 18.0% compared to the same quarter last year. During the same quarter last year, the firm posted $2.17 earnings per share. Autodesk has set its FY 2026 guidance at 10.180-10.250 EPS and its Q4 2026 guidance at 2.590-2.67 EPS. Analysts predict that Autodesk, Inc. will post 5.76 EPS for the current year.

Trending Headlines about Autodesk

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Autodesk committed $200M to World Labs as part of a $1B funding round and will advise the startup; the partnership aims to integrate World Labs’ 3D/spatial models with Autodesk workflows (initial focus: entertainment), signaling a push into spatial AI that supports long‑term product differentiation and new platform opportunities. World Labs lands $1B, with $200M from Autodesk, to bring world models into 3D workflows
• Positive Sentiment: Street momentum: several analysts (e.g., Berenberg reiterated Buy with a $370 PT; JPMorgan earlier upgraded) signal confidence in Autodesk’s enterprise traction and AI/cloud strategy, which can support multiple quarters of re-rating if execution continues. Street Confidence Builds as Autodesk, Inc. (ADSK) Gains Enterprise Traction
• Neutral Sentiment: Upcoming earnings/analysis: investors are focused on the company’s next report and commentary on cloud/AI transition (“SaaSpocalypse” pre‑earnings debate); results and guidance will be the immediate catalyst. Autodesk: Pre-Earnings Assessment Of ‘SaaSpocalypse’
• Neutral Sentiment: Reported short‑interest data for February appears internally inconsistent (zeros/NaN), so it’s not a reliable near‑term driver; ignore until clarified by exchanges or data providers.
• Negative Sentiment: Autodesk sued Google over the “Flow” trademark and announced a 7% global workforce reduction to reallocate resources toward cloud and AI — moves that could produce near‑term charges, execution risk, and customer/PR noise, pressuring sentiment. Autodesk Sues Google And Cuts Jobs As Shares Screen Undervalued
• Negative Sentiment: Loop Capital cut its price target to $250 and moved to a Hold, reducing visible upside from some benches and signaling more cautious near‑term expectations. Loop Capital cuts price target on Autodesk to $250 from $320, maintains Hold rating

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.