Autodesk, Inc. (NASDAQ:ADSK) Receives $369.97 Average PT from Brokerages

Autodesk, Inc. (NASDAQ:ADSK) has been given a consensus rating of “Moderate Buy” by the thirty-one research firms that are currently covering the company, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold rating, twenty-two have given a buy rating and three have assigned a strong buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $369.9655.

A number of research firms have recently commented on ADSK. Royal Bank Of Canada restated an “outperform” rating and set a $380.00 price target on shares of Autodesk in a research report on Monday, October 6th. UBS Group reissued a “buy” rating and set a $400.00 price objective on shares of Autodesk in a research note on Wednesday, November 26th. Rothschild & Co Redburn started coverage on Autodesk in a research note on Friday, January 9th. They issued a “buy” rating and a $375.00 target price on the stock. Wells Fargo & Company raised their price target on Autodesk from $375.00 to $380.00 and gave the company an “overweight” rating in a report on Wednesday, November 26th. Finally, Barclays boosted their price objective on Autodesk from $385.00 to $390.00 and gave the stock an “overweight” rating in a report on Wednesday, November 26th.

Autodesk Stock Up 1.3%

ADSK stock opened at $265.69 on Friday. The stock has a 50-day simple moving average of $293.98 and a two-hundred day simple moving average of $301.56. Autodesk has a twelve month low of $232.67 and a twelve month high of $329.09. The firm has a market capitalization of $56.33 billion, a PE ratio of 51.49, a PEG ratio of 2.16 and a beta of 1.46. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.86.

Autodesk (NASDAQ:ADSK) last released its quarterly earnings data on Tuesday, November 25th. The software company reported $2.67 EPS for the quarter, beating analysts’ consensus estimates of $2.50 by $0.17. The company 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%. Autodesk’s revenue was up 18.0% compared to the same quarter last year. During the same period last year, the business earned $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. On average, equities analysts predict that Autodesk will post 5.76 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in shares of Autodesk by 14.5% during 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 in the last quarter. Parallel Advisors LLC raised its stake in shares of Autodesk by 11.9% during the second quarter. Parallel Advisors LLC now owns 3,487 shares of the software company’s stock worth $1,079,000 after acquiring an additional 370 shares in the last quarter. Aaron Wealth Advisors LLC raised its stake in shares of Autodesk by 4.3% during the second quarter. Aaron Wealth Advisors LLC now owns 1,266 shares of the software company’s stock worth $392,000 after acquiring an additional 52 shares in the last quarter. Pallas Capital Advisors LLC lifted its holdings in shares of Autodesk by 148.5% in the 2nd quarter. Pallas Capital Advisors LLC now owns 8,524 shares of the software company’s stock worth $2,639,000 after acquiring an additional 5,094 shares during the last quarter. Finally, Pines Wealth Management LLC purchased a new stake in shares of Autodesk in the 2nd quarter valued at $206,000. Institutional investors own 90.24% of the company’s stock.

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.