NASDAQ:ADSK

Autodesk - ADSK Stock Forecast, Price & News

$200.66

+3.59 (+1.82%)

(As of 11/25/2022 12:00 AM ET)

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Today's Range: $196.25
▼
$200.96
50-Day Range: $183.99
▼
$232.30
52-Week Range: $163.20
▼
$285.38

Volume: 1.32 million shs
Average Volume: 1.90 million shs
Market Capitalization: $43.31 billion

P/E Ratio: 70.90
Dividend Yield: N/A
Price Target: $240.19

Autodesk MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.55 Rating Score
Upside/Downside: 19.7% Upside
$240.19 Price Target
Short Interest: Healthy
1.28% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.45
Upright™ Environmental Score
News Sentiment: -0.10
Based on 59 Articles This Week
Insider Trading: Selling Shares
$7.12 M Sold Last Quarter
Proj. Earnings Growth: 23.24%
From $4.13 to $5.09 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.93 out of 5 stars

Computer And Technology Sector

46th out of 633 stocks

Prepackaged Software Industry

11th out of 221 stocks

3.3

Analyst's Opinion

Consensus Rating
Autodesk has received a consensus rating of Buy. The company's average rating score is 2.57, and is based on 14 buy ratings, 5 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $240.19, Autodesk has a forecasted upside of 19.7% from its current price of $200.66.
Amount of Analyst Coverage
Autodesk has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
1.28% of the float of Autodesk has been sold short.
Short Interest Ratio / Days to Cover
Autodesk has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Autodesk has recently decreased by 12.14%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Autodesk does not currently pay a dividend.
Dividend Growth
Autodesk does not have a long track record of dividend growth.

2.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Autodesk has received a 25.82% net impact score from Upright. Autodesk seems to create the most significant positive value in categories "Taxes", "Creating knowledge", and "Jobs". The positive contribution in the "Creating knowledge" impact category is mostly driven by its "Computer-aided design software for industrial uses", "Construction planning software", and "Process analytics software" products. See details.
Environmental Sustainability
The Environmental Impact score for Autodesk is -1.45.

2.7

News and Social Media Coverage

News Sentiment
Autodesk has a news sentiment score of -0.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 59 news articles for Autodesk this week, compared to 8 articles on an average week.
Social Mentions This Week
MarketBeat has tracked 12 reddit mentions for Autodesk this week, compared to 1 mention on an average week.
Search Interest
34 people have searched for ADSK on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
14 people have added Autodesk to their MarketBeat watchlist in the last 30 days. This is an increase of 17% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Autodesk insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $7,120,001.00 in company stock.
Percentage Held by Insiders
Only 0.11% of the stock of Autodesk is held by insiders.
Percentage Held by Institutions
86.44% of the stock of Autodesk is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Autodesk are expected to grow by 23.24% in the coming year, from $4.13 to $5.09 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Autodesk is 70.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.57.
Price to Earnings Ratio vs. Sector
The P/E ratio of Autodesk is 70.90, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 382.82.
Price to Earnings Growth Ratio
Autodesk has a PEG Ratio of 1.74. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Autodesk has a P/B Ratio of 47.78. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Autodesk (NASDAQ:ADSK) Stock

Autodesk, Inc. provides 3D design, engineering, and entertainment software and services worldwide. The company offers AutoCAD Civil 3D, a surveying, design, analysis, and documentation solution for civil engineering, including land development, transportation, and environmental projects; BIM 360, a construction management cloud-based software; 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. It also provides Inventor tools for 3D mechanical design, simulation, analysis, tooling, visualization, and documentation; Vault, a data management software to manage data in one central location, accelerate design processes, and streamline internal/external collaboration; Maya and 3ds Max software products that offer 3D modeling, animation, effects, rendering, and compositing solutions; and ShotGrid, a cloud-based software for review and production tracking in the media and entertainment industry. It sells its products and services to customers directly, as well as through a network of resellers and distributors. Autodesk, Inc. was incorporated in 1982 and is headquartered in San Rafael, California.

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ADSK Stock News Headlines

November 23, 2022 | marketbeat.com

Salesforce Cuts Labor, Shows Strong Earnings Despite Challenges (ADSK)

Salesforce, climbing out of a rough spot, still may not make the best short-term investment. In the future, it could make a big move.

October 31, 2022 | marketbeat.com

Is The Meta Platforms Stock Meltdown a Rare Buying Opportunity? (ADSK)

Social media developer Meta Platforms (NASDAQ: META) stock took a (-24%) cliff dive after its Q3 2022 earnings miss. While the earnings miss

November 27, 2022 | Legacy Research (Affiliate) (Ad)

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November 27, 2022 | americanbankingnews.com

Moffett Nathanson Trims Autodesk (NASDAQ:ADSK) Target Price to $177.00

November 26, 2022 | americanbankingnews.com

Autodesk (NASDAQ:ADSK) Price Target Lowered to $220.00 at Oppenheimer

November 26, 2022 | americanbankingnews.com

Royal Bank of Canada Trims Autodesk (NASDAQ:ADSK) Target Price to $225.00

November 26, 2022 | americanbankingnews.com

Autodesk (NASDAQ:ADSK) Price Target Cut to $244.00 by Analysts at Robert W. Baird

November 25, 2022 | americanbankingnews.com

Autodesk (NASDAQ:ADSK) Shares Gap Down on Analyst Downgrade

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