Autodesk (NASDAQ:ADSK) Given New $250.00 Price Target at Loop Capital

Autodesk (NASDAQ:ADSK) had its target price cut by equities research analysts at Loop Capital from $320.00 to $250.00 in a research report issued to clients and investors on Thursday,MarketScreener reports. The firm presently has a “hold” rating on the software company’s stock. Loop Capital’s price objective would indicate a potential upside of 9.12% from the company’s previous close.

ADSK has been the topic of several other research reports. UBS Group restated a “buy” rating and issued a $400.00 price objective on shares of Autodesk in a research note on Wednesday, November 26th. Rosenblatt Securities reiterated a “buy” rating and set a $355.00 target price on shares of Autodesk in a research note on Monday, November 24th. Arete Research raised their price target on shares of Autodesk from $430.00 to $460.00 and gave the stock a “buy” rating in a research report on Thursday, December 11th. Royal Bank Of Canada restated an “outperform” rating and set a $340.00 price objective on shares of Autodesk in a report on Wednesday, February 11th. Finally, Macquarie Infrastructure upped their price objective on shares of Autodesk from $380.00 to $400.00 and gave the company an “outperform” rating in a research report on Wednesday, November 26th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $358.96.

Autodesk Trading Down 0.3%

Shares of NASDAQ:ADSK opened at $229.10 on Thursday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.82 and a current ratio of 0.82. The stock’s 50-day moving average is $269.18 and its 200-day moving average is $292.68. The company has a market cap of $48.57 billion, a P/E ratio of 44.40, a P/E/G ratio of 1.60 and a beta of 1.45. Autodesk has a 52-week low of $216.01 and a 52-week high of $329.09.

Autodesk (NASDAQ:ADSK) last announced its earnings results on Tuesday, November 25th. The software company reported $2.67 earnings per share for the quarter, beating the consensus estimate of $2.50 by $0.17. The firm had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.81 billion. Autodesk had a return on equity of 52.06% and a net margin of 16.09%.The firm’s revenue for the quarter was up 18.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $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. Equities research analysts predict that Autodesk will post 5.76 earnings per share for the current year.

Institutional Trading of Autodesk

Several institutional investors have recently made changes to their positions in ADSK. Norges Bank acquired a new position in Autodesk in the fourth quarter worth about $867,480,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of Autodesk by 44,345.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,280,515 shares of the software company’s stock valued at $675,055,000 after purchasing an additional 2,275,384 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings in shares of Autodesk by 46.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,989,372 shares of the software company’s stock worth $884,884,000 after buying an additional 952,343 shares in the last quarter. Wellington Management Group LLP lifted its position in shares of Autodesk by 103.5% during the 4th quarter. Wellington Management Group LLP now owns 1,868,159 shares of the software company’s stock worth $552,994,000 after buying an additional 950,149 shares during the period. Finally, Rakuten Investment Management Inc. acquired a new stake in Autodesk in the 3rd quarter valued at $268,649,000. 90.24% of the stock is currently owned by institutional investors and hedge funds.

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.