Autodesk (NASDAQ:ADSK – Get Free Report)‘s stock had its “overweight” rating reaffirmed by research analysts at Piper Sandler in a research note issued to investors on Monday,Benzinga reports. They presently have a $383.00 price target on the software company’s stock, up from their prior price target of $373.00. Piper Sandler’s target price indicates a potential upside of 55.03% from the stock’s previous close.
Other analysts have also issued reports about the stock. Barclays upped their price target on shares of Autodesk from $300.00 to $315.00 and gave the stock an “overweight” rating in a research note on Friday. Wells Fargo & Company cut their price target on shares of Autodesk from $365.00 to $350.00 and set an “overweight” rating on the stock in a report on Friday. KeyCorp restated an “overweight” rating on shares of Autodesk in a research report on Tuesday, December 16th. Arete Research boosted their price target on shares of Autodesk from $430.00 to $460.00 and gave the company a “buy” rating in a report on Thursday, December 11th. Finally, Macquarie Infrastructure increased their price objective on Autodesk from $380.00 to $400.00 and gave the stock an “outperform” rating in a report on Wednesday, November 26th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, Autodesk currently has an average rating of “Moderate Buy” and an average target price of $341.39.
Read Our Latest Report on ADSK
Autodesk Stock Performance
Autodesk (NASDAQ:ADSK – Get Free Report) last posted its earnings results on Thursday, February 26th. The software company reported $2.85 EPS for the quarter, topping the consensus estimate of $2.64 by $0.21. The firm had revenue of $1.96 billion during the quarter, compared to analysts’ expectations of $1.91 billion. Autodesk had a net margin of 15.60% and a return on equity of 53.51%. Autodesk’s quarterly revenue was up 19.4% on a year-over-year basis. During the same quarter in the prior year, the firm 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. Research analysts anticipate that Autodesk will post 5.76 EPS for the current year.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Autodesk during the 4th quarter worth approximately $867,480,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of Autodesk by 44,345.8% in the fourth 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 in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Autodesk by 46.8% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,989,372 shares of the software company’s stock valued at $884,884,000 after purchasing an additional 952,343 shares in the last quarter. Wellington Management Group LLP lifted its position in Autodesk by 103.5% in the fourth quarter. Wellington Management Group LLP now owns 1,868,159 shares of the software company’s stock worth $552,994,000 after purchasing an additional 950,149 shares during the period. Finally, Rakuten Investment Management Inc. acquired a new stake in Autodesk during the third quarter worth $268,649,000. Institutional investors own 90.24% of the company’s stock.
More Autodesk News
Here are the key news stories impacting Autodesk this week:
- Positive Sentiment: Q4 revenue and results topped expectations: revenue rose ~19% YoY, key metrics beat guidance and management gave FY27 EPS guidance, reinforcing the growth story. Autodesk Q4 Revenue Surges
- Positive Sentiment: Earnings call highlighted AI-driven momentum and product adoption that management says is accelerating ARR and customer engagement — a narrative investors typically reward. Earnings Call Highlights
- Positive Sentiment: Some analysts raised targets — one report cites a raise to $315, reflecting continued bullishness from parts of the sell-side. Price Target Raised to $315
- Positive Sentiment: Another firm lifted its target to $336, signaling pockets of conviction that Autodesk’s growth and AI initiatives justify higher valuations. Price Target Raised to $336
- Negative Sentiment: Deutsche Bank cut its target from $375 to $330 (but kept a buy rating), which may cap upside near-term despite the buy stance. Deutsche Bank Lowers Target
- Negative Sentiment: Several other firms trimmed targets (Wells Fargo to $350, RBC to $335, DA Davidson to $325), creating mixed analyst signals that can increase volatility even after a beat. Wells Fargo Cuts Target RBC Cuts Target DA Davidson Cuts Target
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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