Autodesk (NASDAQ:ADSK) Given Hold (C+) Rating at Weiss Ratings

Key Points

• Analysts at Weiss Ratings have reaffirmed Autodesk's stock rating as "hold (C+)," while several firms like KeyCorp** and Morgan Stanley** boosted their price targets for shares to $365.00 and $385.00, respectively.
• Autodesk reported a quarterly earnings of $1.46 per share, missing expectations by $0.99, although revenue increased by 17.1% compared to the same quarter last year, reaching $1.76 billion.
• Insider trading activity showed significant sales, with Director Ayanna Howard selling 3,159 shares at an average price of $325.00, representing a 41.83% decrease in her ownership of the stock.

Autodesk (NASDAQ:ADSK - Get Free Report)'s stock had its "hold (c+)" rating reaffirmed by analysts at Weiss Ratings in a research report issued on Friday,Weiss Ratings reports.

A number of other research firms also recently commented on ADSK. KeyCorp boosted their price target on shares of Autodesk from $350.00 to $365.00 and gave the stock an "overweight" rating in a research report on Friday, August 29th. Morgan Stanley lifted their price objective on shares of Autodesk from $370.00 to $385.00 and gave the stock an "overweight" rating in a research note on Sunday, August 31st. Mizuho lifted their price objective on shares of Autodesk from $350.00 to $375.00 and gave the stock an "outperform" rating in a research note on Friday, August 29th. Wall Street Zen cut shares of Autodesk from a "strong-buy" rating to a "buy" rating in a research note on Sunday, September 28th. Finally, Rosenblatt Securities lifted their price objective on shares of Autodesk from $345.00 to $355.00 and gave the stock a "buy" rating in a research note on Friday, August 29th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $359.13.

Autodesk Stock Performance

NASDAQ:ADSK traded up $4.32 during mid-day trading on Friday, hitting $314.16. The stock had a trading volume of 384,045 shares, compared to its average volume of 1,579,303. The stock has a market capitalization of $66.92 billion, a price-to-earnings ratio of 65.02, a P/E/G ratio of 2.73 and a beta of 1.49. The company has a 50 day simple moving average of $310.85 and a 200-day simple moving average of $297.06. Autodesk has a 52 week low of $232.67 and a 52 week high of $329.09. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.91.

Autodesk (NASDAQ:ADSK - Get Free Report) last issued its quarterly earnings data on Thursday, August 28th. The software company reported $1.46 earnings per share for the quarter, missing the consensus estimate of $2.45 by ($0.99). The firm had revenue of $1.76 billion during the quarter, compared to the consensus estimate of $1.72 billion. Autodesk had a net margin of 15.75% and a return on equity of 51.23%. The company's revenue for the quarter was up 17.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.15 earnings per share. Autodesk has set its FY 2026 guidance at 9.800-9.980 EPS. Q3 2026 guidance at 2.480-2.510 EPS. On average, research analysts expect that Autodesk will post 5.76 earnings per share for the current fiscal year.

Insider Activity at Autodesk

In other news, Director Ayanna Howard sold 3,159 shares of the company's stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $325.00, for a total transaction of $1,026,675.00. Following the transaction, the director directly owned 4,393 shares in the company, valued at approximately $1,427,725. This represents a 41.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Steven M. Blum sold 22,420 shares of the firm's stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $323.75, for a total transaction of $7,258,475.00. Following the completion of the transaction, the executive vice president directly owned 13,099 shares in the company, valued at $4,240,801.25. This trade represents a 63.12% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 35,386 shares of company stock valued at $11,433,201 over the last ninety days. Company insiders own 0.15% of the company's stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. SouthState Corp boosted its stake in Autodesk by 500.0% during the 1st quarter. SouthState Corp now owns 96 shares of the software company's stock worth $25,000 after acquiring an additional 80 shares during the last quarter. Costello Asset Management INC bought a new position in Autodesk during the 1st quarter worth approximately $26,000. Close Asset Management Ltd bought a new position in Autodesk during the 1st quarter worth approximately $27,000. Cheviot Value Management LLC bought a new position in Autodesk during the 1st quarter worth approximately $27,000. Finally, Flaharty Asset Management LLC bought a new position in Autodesk in the first quarter valued at approximately $27,000. Institutional investors own 90.24% of the company's stock.

Autodesk Company Profile

Autodesk, Inc provides 3D design, engineering, and entertainment technology solutions worldwide. The company offers AutoCAD Civil 3D, a surveying, design, analysis, and documentation solution for civil engineering, including land development, transportation, and environmental projects; BuildingConnected, a SaaS preconstruction solution; AutoCAD, a software for professional design, drafting, detailing, and visualization; AutoCAD LT, a drafting and detailing software; computer-aided manufacturing (CAM) software for computer numeric control machining, inspection, and modelling for manufacturing; Fusion 360, a 3D CAD, CAM, and computer-aided engineering tool; and Industry Collections tools for professionals in architecture, engineering and construction, product design and manufacturing, and media and entertainment collection industries.

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