KeyCorp Has Lowered Expectations for Autodesk (NASDAQ:ADSK) Stock Price

Autodesk (NASDAQ:ADSK) had its price objective decreased by analysts at KeyCorp from $365.00 to $341.00 in a research note issued to investors on Thursday,Benzinga reports. The firm presently has an “overweight” rating on the software company’s stock. KeyCorp’s target price would indicate a potential upside of 39.97% from the stock’s previous close.

Other research analysts also recently issued research reports about the stock. Robert W. Baird dropped their price objective on shares of Autodesk from $355.00 to $312.00 and set an “outperform” rating on the stock in a report on Friday, April 17th. DA Davidson dropped their price objective on shares of Autodesk from $375.00 to $325.00 and set a “buy” rating on the stock in a report on Friday, February 27th. BTIG Research dropped their price objective on shares of Autodesk from $365.00 to $300.00 and set a “buy” rating on the stock in a report on Friday, February 27th. Barclays dropped their price objective on shares of Autodesk from $315.00 to $300.00 and set an “overweight” rating on the stock in a report on Wednesday, May 13th. Finally, Piper Sandler restated an “overweight” rating and set a $383.00 price objective (up from $373.00) on shares of Autodesk in a report on Monday, March 2nd. Two analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $332.21.

Autodesk Stock Down 0.2%

Autodesk stock opened at $243.63 on Thursday. The firm has a market cap of $51.44 billion, a price-to-earnings ratio of 46.49, a P/E/G ratio of 1.57 and a beta of 1.32. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.85 and a quick ratio of 0.85. Autodesk has a fifty-two week low of $214.10 and a fifty-two week high of $329.09. The firm has a fifty day moving average price of $240.28 and a two-hundred day moving average price of $263.15.

Autodesk (NASDAQ:ADSK) last released its earnings results on Thursday, February 26th. The software company reported $2.85 earnings per share for the quarter, topping analysts’ consensus estimates of $2.64 by $0.21. The firm had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.91 billion. Autodesk had a net margin of 15.60% and a return on equity of 53.51%. The business’s revenue was up 19.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.29 EPS. 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, analysts forecast that Autodesk will post 9.35 earnings per share for the current year.

Institutional Trading of Autodesk

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ADSK. Torren Management LLC bought a new stake in Autodesk in the fourth quarter valued at about $25,000. Measured Wealth Private Client Group LLC bought a new stake in Autodesk in the third quarter valued at about $25,000. Kemnay Advisory Services Inc. bought a new stake in Autodesk in the fourth quarter valued at about $25,000. Archer Investment Corp increased its stake in Autodesk by 112.2% in the fourth quarter. Archer Investment Corp now owns 87 shares of the software company’s stock valued at $26,000 after acquiring an additional 46 shares during the period. Finally, Prosperity Bancshares Inc bought a new stake in Autodesk in the fourth quarter valued at about $27,000. Institutional investors own 90.24% of the company’s stock.

Trending Headlines about Autodesk

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Autodesk is being viewed as a beneficiary of growing demand for engineering optimization, with one analysis arguing the company is well positioned to monetize that need through its software platform. Autodesk: Primed To Monetize The Elastic Demand For Engineering Optimization
• Positive Sentiment: Analyst coverage remains constructive, with Autodesk receiving an average “Moderate Buy” recommendation and other reports pointing to upbeat Wall Street expectations despite recent underperformance. Autodesk, Inc. (NASDAQ:ADSK) Receives Average Recommendation of “Moderate Buy” from Brokerages
• Positive Sentiment: Recent articles highlighted Autodesk’s AI enhancements, including agentic AI, automation tools, and cloud workflows, which could improve platform stickiness and support recurring revenue growth. Autodesk Enhances AI Capabilities: Can It Unlock More Revenues?
• Positive Sentiment: Another bullish theme is Autodesk’s new small-business initiative, which adds flexible pricing and AI-focused product updates aimed at expanding adoption among freelancers and smaller firms. Assessing Autodesk (ADSK) Valuation After New AI Small‑Business Program And Renewed Growth Optimism
• Positive Sentiment: Investor interest may also be supported by comparisons showing Autodesk’s lower valuation and AI-driven cloud growth profile versus peers like ServiceNow. Autodesk vs. ServiceNow: Which Software Stock Has Stronger Growth?
• Neutral Sentiment: Several articles simply reiterated Autodesk’s analyst-estimate and ratings profile, which reinforces sentiment but does not appear to add a major new catalyst. Autodesk Stock: Analyst Estimates & Ratings
• Neutral Sentiment: Mentions from market commentary and investor-oriented pieces, including references to Michael Burry’s position, may add visibility but are not by themselves fundamental drivers. Autodesk Inc. (ADSK): Michael Burry Likes This Stock
• Negative Sentiment: Some coverage still notes that Autodesk has underperformed the broader market over the past 52 weeks, which may temper enthusiasm even amid improving growth narratives. Autodesk Stock: Analyst Estimates & Ratings

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.