Autodesk, Inc. (NASDAQ:ADSK) Given Average Recommendation of "Moderate Buy" by Analysts

Key Points

• Autodesk has a consensus analyst rating of “Moderate Buy”, with 23 buy ratings, 2 strong buys, and 6 holds across 31 analysts. The average 1-year target price is about $333.07.
• The company’s latest quarterly results beat expectations, posting $2.85 EPS versus $2.64 expected and $1.96 billion in revenue versus $1.91 billion expected. Revenue rose 19.4% year over year, and Autodesk also issued FY2027 guidance.
• Investor interest remains strong: several major institutions increased their stakes, and 90.24% of shares are owned by hedge funds and other institutional investors. Meanwhile, recent coverage highlights Autodesk’s push into AI, automation, and cloud workflows as potential growth drivers.

Shares of Autodesk, Inc. (NASDAQ:ADSK - Get Free Report) have received a consensus rating of "Moderate Buy" from the thirty-one analysts that are covering the company, MarketBeat reports. Six equities research analysts have rated the stock with a hold recommendation, twenty-three have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $333.0714.

A number of research analysts recently issued reports on the stock. Robert W. Baird lowered their price target on shares of Autodesk from $355.00 to $312.00 and set an "outperform" rating for the company in a research report on Friday, April 17th. JPMorgan Chase & Co. lifted their target price on shares of Autodesk from $319.00 to $336.00 and gave the stock an "overweight" rating in a report on Friday, February 27th. Bank of America reaffirmed a "buy" rating and issued a $300.00 target price on shares of Autodesk in a report on Tuesday, May 12th. Wells Fargo & Company decreased their target price on shares of Autodesk from $365.00 to $350.00 and set an "overweight" rating for the company in a report on Friday, February 27th. Finally, Wolfe Research lifted their target price on shares of Autodesk from $330.00 to $350.00 and gave the stock an "outperform" rating in a report on Friday, February 27th.

Trending Headlines about Autodesk

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Analysts remain broadly optimistic on Autodesk despite its weak 52-week performance, suggesting expectations for a rebound may be building. Autodesk Stock: Analyst Estimates & Ratings
• Positive Sentiment: Coverage around Michael Burry’s continued interest in Autodesk may be helping sentiment, as the well-known investor reportedly kept a position in the stock. Autodesk Inc. (ADSK): Michael Burry Likes This Stock
• Positive Sentiment: Autodesk is expanding agentic AI, automation tools, and cloud workflows, which could strengthen recurring revenue and make its platform stickier for customers. Autodesk Enhances AI Capabilities: Can It Unlock More Revenues?
• Positive Sentiment: The new Autodesk for Small Business program and AI-focused product updates may open up a larger addressable market and support future growth. Assessing Autodesk (ADSK) Valuation After New AI Small-Business Program And Renewed Growth Optimism
• Positive Sentiment: Comparisons with ServiceNow framed Autodesk as a lower-valuation software name with solid AI and cloud growth drivers, which may attract value-oriented investors. Autodesk vs. ServiceNow: Which Software Stock Has Stronger Growth?
• Neutral Sentiment: Trunk Tools announced an integration with Autodesk Forma, which underscores ecosystem adoption but is not clearly a direct financial catalyst for ADSK. Trunk Tools Enhances Jobsite AI Capabilities with new Autodesk Forma Integration
• Neutral Sentiment: Broader market weakness tied to rising bond yields may have added some pressure to software stocks, including Autodesk. Rising Bond Yields Weigh on Stocks

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of ADSK. Norges Bank purchased a new position in Autodesk in the fourth quarter worth about $867,480,000. Northwestern Mutual Wealth Management Co. raised its holdings in 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 worth $675,055,000 after buying an additional 2,275,384 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in Autodesk by 46.8% in the fourth 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 during the last quarter. Wellington Management Group LLP raised its holdings 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 buying an additional 950,149 shares during the last quarter. Finally, Pictet Asset Management Holding SA raised its holdings in Autodesk by 80.2% in the first quarter. Pictet Asset Management Holding SA now owns 2,103,376 shares of the software company's stock worth $503,521,000 after buying an additional 936,388 shares during the last quarter. 90.24% of the stock is owned by hedge funds and other institutional investors.

Autodesk Trading Down 0.2%

Shares of NASDAQ ADSK opened at $243.63 on Thursday. Autodesk has a 1 year low of $214.10 and a 1 year high of $329.09. The stock has a market cap of $51.44 billion, a P/E ratio of 46.49, a price-to-earnings-growth ratio of 1.57 and a beta of 1.32. The firm has a 50-day moving average of $240.28 and a 200 day moving average of $263.15. 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 (NASDAQ:ADSK - Get Free Report) last issued its quarterly earnings results on Thursday, February 26th. The software company reported $2.85 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.64 by $0.21. Autodesk had a net margin of 15.60% and a return on equity of 53.51%. The company had revenue of $1.96 billion during the quarter, compared to analysts' expectations of $1.91 billion. During the same period last year, the company posted $2.29 EPS. Autodesk's revenue was up 19.4% on a year-over-year basis. 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, sell-side analysts expect that Autodesk will post 9.35 EPS for the current fiscal year.

Autodesk Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.