Autodesk, Inc. (NASDAQ:ADSK) Receives $369.04 Average PT from Brokerages

Shares of Autodesk, Inc. (NASDAQ:ADSK) have earned an average rating of “Moderate Buy” from the twenty-nine ratings firms that are currently covering the stock, MarketBeat reports. Five research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and two have given a strong buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $367.6071.

A number of research analysts have recently issued reports on the stock. Wolfe Research reduced their price target on shares of Autodesk from $390.00 to $330.00 and set an “outperform” rating on the stock in a research report on Monday, February 2nd. Macquarie Infrastructure raised their target price on shares of Autodesk from $380.00 to $400.00 and gave the stock an “outperform” rating in a report on Wednesday, November 26th. Robert W. Baird upped their target price on Autodesk from $367.00 to $377.00 and gave the company an “outperform” rating in a report on Wednesday, November 26th. Arete Research increased their price target on Autodesk from $430.00 to $460.00 and gave the stock a “buy” rating in a research report on Thursday, December 11th. Finally, Citigroup boosted their price objective on Autodesk from $370.00 to $382.00 and gave the company a “buy” rating in a research report on Friday, November 28th.

Hedge Funds Weigh In On Autodesk

Several institutional investors have recently modified their holdings of the company. Measured Wealth Private Client Group LLC bought a new position in Autodesk in the 3rd quarter worth about $25,000. Proffitt & Goodson Inc. bought a new stake in shares of Autodesk during the third quarter valued at approximately $27,000. Torren Management LLC acquired a new position in shares of Autodesk during the fourth quarter worth approximately $25,000. Archer Investment Corp grew its holdings in Autodesk by 112.2% in the 4th quarter. Archer Investment Corp now owns 87 shares of the software company’s stock worth $26,000 after buying an additional 46 shares in the last quarter. Finally, Heartwood Wealth Advisors LLC acquired a new stake in Autodesk in the 3rd quarter valued at approximately $28,000. Institutional investors own 90.24% of the company’s stock.

Autodesk Trading Down 3.9%

NASDAQ:ADSK opened at $223.49 on Tuesday. Autodesk has a 52 week low of $216.01 and a 52 week high of $329.09. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.86. The company has a market cap of $47.38 billion, a PE ratio of 43.31, a P/E/G ratio of 1.62 and a beta of 1.45. The business’s 50 day moving average is $276.45 and its two-hundred day moving average is $295.27.

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

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.