Autodesk (NASDAQ:ADSK – Free Report) had its price target cut by Rosenblatt Securities from $375.00 to $330.00 in a research report sent to investors on Tuesday, MarketBeat reports. They currently have a buy rating on the software company’s stock.
A number of other brokerages have also recently commented on ADSK. Deutsche Bank Aktiengesellschaft upgraded Autodesk from a “hold” rating to a “buy” rating and upped their price target for the stock from $345.00 to $375.00 in a research report on Wednesday, November 26th. Arete Research boosted their price objective on Autodesk from $430.00 to $460.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. Stifel Nicolaus reduced their target price on shares of Autodesk from $375.00 to $285.00 and set a “buy” rating for the company in a report on Monday. Wells Fargo & Company decreased their target price on shares of Autodesk from $380.00 to $365.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 18th. Finally, Barclays dropped their price target on shares of Autodesk from $390.00 to $300.00 and set an “overweight” rating for the company in a research report on Friday, February 20th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Autodesk has a consensus rating of “Moderate Buy” and an average price target of $347.89.
Get Our Latest Analysis on Autodesk
Autodesk Stock Up 3.8%
Autodesk (NASDAQ:ADSK – Get Free Report) last issued its quarterly earnings data on Thursday, February 26th. The software company reported $2.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.63 by $0.22. Autodesk had a net margin of 16.09% and a return on equity of 52.06%. The firm had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.91 billion. During the same quarter in the previous year, the firm posted $2.29 EPS. The company’s revenue for the quarter was up 19.4% compared to the same quarter last year. 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, equities analysts forecast that Autodesk will post 5.76 EPS for the current year.
Institutional Investors Weigh In On Autodesk
Several institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. raised its position in shares of Autodesk by 0.4% during 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 buying an additional 78,928 shares in the last quarter. State Street Corp grew its position in Autodesk by 0.7% in 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 in the last quarter. Loomis Sayles & Co. L P increased its stake in Autodesk by 1.5% during 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 acquiring an additional 88,066 shares during the last quarter. Geode Capital Management LLC increased its stake in Autodesk by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 5,682,041 shares of the software company’s stock worth $1,677,404,000 after acquiring an additional 123,691 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA raised its position in 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. Institutional investors own 90.24% of the company’s stock.
Key Headlines Impacting Autodesk
Here are the key news stories impacting Autodesk this week:
- Positive Sentiment: Autodesk beat Q4 estimates: non‑GAAP EPS $2.85 vs. $2.63 consensus and revenue $1.96B (up 19.4% YoY), showing robust demand and margin expansion. Read More.
- Positive Sentiment: Company raised outlook sharply — Q1 EPS guide of $2.820–2.860 (well above street) and FY 2027 EPS guide $12.290–12.560 (vs. lower analyst consensus), with revenue guidance above expectations; this forward visibility likely drove optimism. Read More.
- Positive Sentiment: Strategic product/AI development: Autodesk’s partnership to apply its Fusion AI-enabled platform to prosthetics (BioDapt) highlights real‑world AI use cases and the Manufacturing Cloud’s addressable market. Read More.
- Neutral Sentiment: Analyst and media coverage compares ADSK to peers and reviews value propositions (APPS vs. ADSK), useful for relative valuation but not an immediate catalyst. Read More.
- Neutral Sentiment: Company provided investor materials (press release, slide deck, conference call) for the quarter — important for detail but incremental to the headline beat. Read More.
- Negative Sentiment: Short interest rose materially earlier in February (reported ~6.4M shares as of Feb. 13, ~3% of float, days‑to‑cover ~2.3), which can increase volatility and downside pressure if negative sentiment accelerates. (short‑interest reports)
- Negative Sentiment: Some analysts trimmed price targets after the quarter (examples: Rosenblatt and Stifel cuts), reflecting mixed views on valuation despite the beat. Read More. Read More.
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.
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