Autodesk (NASDAQ:ADSK) Sets New 52-Week Low - Here's Why

Key Points

• Autodesk shares hit a new 52‑week low of $231.68, trading down about 4.3% on the day.
• Analysts remain mostly positive with a consensus rating of "Moderate Buy" and a consensus target price of $367.61, and several firms have raised their price targets recently.
• Autodesk beat Q3 estimates with EPS $2.67 (vs. $2.50) and revenue $1.85B (up 18% YoY), and it set FY2026 EPS guidance of $10.18–$10.25.

Autodesk, Inc. (NASDAQ:ADSK - Get Free Report)'s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as $231.68 and last traded at $231.0350, with a volume of 757229 shares changing hands. The stock had previously closed at $243.58.

Analyst Ratings Changes

A number of equities analysts have weighed in on ADSK shares. Arete Research lifted their price objective on Autodesk from $430.00 to $460.00 and gave the company a "buy" rating in a research note on Thursday, December 11th. KeyCorp reiterated an "overweight" rating on shares of Autodesk in a research report on Tuesday, December 16th. BMO Capital Markets upped their price objective on Autodesk from $333.00 to $343.00 and gave the stock a "market perform" rating in a research report on Wednesday, November 26th. The Goldman Sachs Group lifted their target price on shares of Autodesk from $320.00 to $330.00 and gave the company a "neutral" rating in a report on Wednesday, November 26th. Finally, Rosenblatt Securities reissued a "buy" rating and set a $355.00 price target on shares of Autodesk in a report on Monday, November 24th. 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 company. Based on data from MarketBeat.com, Autodesk currently has an average rating of "Moderate Buy" and a consensus target price of $367.61.

Autodesk Trading Down 4.3%

The company's fifty day simple moving average is $279.59 and its 200-day simple moving average is $296.21. The firm has a market capitalization of $49.40 billion, a PE ratio of 45.11, a P/E/G ratio of 1.69 and a beta of 1.45. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.82 and a quick ratio of 0.82.

Autodesk (NASDAQ:ADSK - Get Free Report) last posted its quarterly earnings data on Tuesday, November 25th. The software company reported $2.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.50 by $0.17. The company had revenue of $1.85 billion for the quarter, compared to analysts' expectations of $1.81 billion. Autodesk had a return on equity of 52.06% and a net margin of 16.09%.Autodesk's revenue was up 18.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $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. As a group, sell-side analysts expect that Autodesk, Inc. will post 5.76 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Autodesk

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Autodesk by 12.8% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 153,180 shares of the software company's stock worth $48,661,000 after purchasing an additional 17,358 shares during the period. BI Asset Management Fondsmaeglerselskab A S raised its holdings in Autodesk by 18.7% in the 3rd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 130,669 shares of the software company's stock valued at $41,510,000 after buying an additional 20,543 shares during the period. Pacific Heights Asset Management LLC lifted its position in Autodesk by 26.9% in the third quarter. Pacific Heights Asset Management LLC now owns 85,000 shares of the software company's stock valued at $27,002,000 after buying an additional 18,000 shares during the last quarter. Nordea Investment Management AB boosted its stake in Autodesk by 5.6% during the second quarter. Nordea Investment Management AB now owns 21,254 shares of the software company's stock worth $6,509,000 after buying an additional 1,124 shares during the period. Finally, J. Safra Sarasin Holding AG raised its holdings in shares of Autodesk by 6.7% in the 3rd quarter. J. Safra Sarasin Holding AG now owns 118,050 shares of the software company's stock valued at $37,501,000 after purchasing an additional 7,417 shares in the last quarter. Institutional investors and hedge funds own 90.24% of the company's stock.

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.