Baillie Gifford & Co. Lowers Stake in Autodesk, Inc. $ADSK

Key Points

• Baillie Gifford trimmed its position in Autodesk by 2.8%, selling 20,157 shares to hold 706,289 shares (about 0.33% ownership) worth roughly $209 million at the end of the quarter.
• Autodesk beat estimates with $2.85 EPS (vs. $2.64) and $1.96B revenue (vs. $1.91B) for the quarter and provided FY2027 EPS guidance of 12.29–12.56 and Q1 guidance of 2.82–2.86.
• Analyst sentiment is mixed: the consensus is a Moderate Buy with an average price target of $339.67, but several firms have recently cut targets or downgraded the stock amid valuation concerns, weighing on shares.

Baillie Gifford & Co. lessened its position in shares of Autodesk, Inc. (NASDAQ:ADSK - Free Report) by 2.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 706,289 shares of the software company's stock after selling 20,157 shares during the period. Baillie Gifford & Co. owned approximately 0.33% of Autodesk worth $209,069,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in ADSK. Measured Wealth Private Client Group LLC purchased a new stake in Autodesk during the third quarter worth approximately $25,000. Proffitt & Goodson Inc. purchased a new stake in shares of Autodesk in the third quarter worth about $27,000. Heartwood Wealth Advisors LLC purchased a new stake in shares of Autodesk in the third quarter worth about $28,000. Tripletail Wealth Management LLC purchased a new stake in shares of Autodesk in the third quarter worth about $29,000. Finally, Financial Consulate Inc. purchased a new stake in shares of Autodesk in the third quarter worth about $32,000. Hedge funds and other institutional investors own 90.24% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Autodesk in a research report on Wednesday, January 21st. Arete Research decreased their target price on Autodesk from $460.00 to $456.00 and set a "buy" rating for the company in a research report on Thursday, March 26th. Deutsche Bank Aktiengesellschaft decreased their target price on Autodesk from $375.00 to $330.00 and set a "buy" rating for the company in a research report on Monday, March 2nd. BTIG Research decreased their target price on shares of Autodesk from $365.00 to $300.00 and set a "buy" rating for the company in a research note on Friday, February 27th. Finally, JPMorgan Chase & Co. upped their target price on shares of Autodesk from $319.00 to $336.00 and gave the company an "overweight" rating in a research note on Friday, February 27th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $339.67.

Autodesk Stock Performance

NASDAQ:ADSK opened at $218.45 on Monday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.82. The business's 50 day moving average is $240.27 and its two-hundred day moving average is $276.35. Autodesk, Inc. has a 52 week low of $214.10 and a 52 week high of $329.09. The company has a market cap of $46.09 billion, a PE ratio of 41.69, a P/E/G ratio of 1.45 and a beta of 1.43.

Autodesk (NASDAQ:ADSK - Get Free Report) last released its earnings results on Thursday, February 26th. The software company reported $2.85 EPS for the quarter, topping analysts' consensus estimates of $2.64 by $0.21. Autodesk had a return on equity of 53.51% and a net margin of 15.60%.The company had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.91 billion. During the same quarter last year, the business posted $2.29 EPS. Autodesk's quarterly revenue was up 19.4% compared to the same quarter last year. Autodesk has set its FY 2027 guidance at 12.290-12.560 EPS and its Q1 2027 guidance at 2.820-2.860 EPS. On average, analysts predict that Autodesk, Inc. will post 5.76 EPS for the current year.

Trending Headlines about Autodesk

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Macro relief / growth optimism supports a re-rating case — some coverage frames the pullback as a valuation reset after a recent relief rally rather than a deterioration in the business, suggesting upside if growth continues. Autodesk valuation check (Yahoo)
• Neutral Sentiment: Reported short-interest data is effectively meaningless (shows 0 shares / NaN change) — no clear short-squeeze dynamic is present based on the available report.
• Negative Sentiment: Citi downgraded ADSK from Buy to Neutral and cut its price target to $246 (from $331), which is the most direct catalyst cited for today’s weakness and reduces near-term analyst-driven upside expectations. Citi downgrades Autodesk (247WallSt)
• Negative Sentiment: Ongoing valuation concerns and a string of price-target trims have amplified selling pressure; analysts and market-note summaries characterize the move as a valuation-driven reset rather than a single fundamental event. Valuation/price-target analysis (QuiverQuant)
• Negative Sentiment: Sector-wide risk-off after the launch of Anthropic’s Managed Agents pressured several software/AI stocks intraday, contributing to the broader sell-off that hit ADSK. Sector sell-off after Anthropic news (Yahoo)

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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