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Autodesk (ADSK) Stock Forecast & Price Target

$242.45
-0.36 (-0.15%)
(As of 04:31 PM ET)

Autodesk - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 18 Wall Street analysts who have issued ratings for Autodesk in the last 12 months, the stock has a consensus rating of "Hold." Out of the 18 analysts, 1 has given a sell rating, 9 have given a hold rating, and 8 have given a buy rating for ADSK.

Consensus Price Target

$262.42
8.24% Upside
High Forecast$305.00
Average Forecast$262.42
Low Forecast$214.00

According to the 18 analysts' twelve-month price targets for Autodesk, the average price target is $262.42. The highest price target for ADSK is $305.00, while the lowest price target for ADSK is $214.00. The average price target represents a forecasted upside of 8.24% from the current price of $242.45.

TypeCurrent Forecast
7/20/23 to 7/19/24
1 Month Ago
6/20/23 to 6/19/24
3 Months Ago
4/21/23 to 4/20/24
1 Year Ago
7/20/22 to 7/20/23
Consensus Rating
Hold
Hold
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
8 Buy rating(s)
8 Buy rating(s)
10 Buy rating(s)
15 Buy rating(s)
Hold
9 Hold rating(s)
9 Hold rating(s)
7 Hold rating(s)
4 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$262.42$262.42$272.44$231.84
Forecasted Upside8.24% Upside18.16% Upside10.82% Upside11.62% Upside
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ADSK Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ADSK Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Autodesk Stock vs. The Competition

TypeAutodeskComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.39
2.62
2.51
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside8.44% Upside117.09% Upside9.96% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/18/2024Oppenheimer
3 of 5 stars
 Reiterated RatingOutperform ➝ Outperform$275.00 ➝ $275.00+13.34%
6/18/2024Royal Bank of Canada
4 of 5 stars
 Reiterated RatingOutperform ➝ Outperform$260.00 ➝ $260.00+8.10%
6/12/2024Morgan Stanley
3 of 5 stars
 Reiterated RatingEqual Weight ➝ Equal Weight$255.00 ➝ $255.00+14.57%
6/12/2024BMO Capital Markets
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 Lower TargetMarket Perform ➝ Market Perform$293.00 ➝ $254.00+15.33%
6/12/2024Piper Sandler
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 Reiterated RatingNeutral ➝ Neutral$239.00 ➝ $239.00+13.00%
6/12/2024Citigroup
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 Boost TargetBuy ➝ Buy$286.00 ➝ $295.00+39.48%
6/12/2024Barclays
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 Lower TargetOverweight ➝ Overweight$310.00 ➝ $275.00+30.02%
6/12/2024Rosenblatt Securities
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 Reiterated RatingBuy ➝ Buy$290.00 ➝ $290.00+37.12%
6/4/2024Mizuho
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 Lower TargetNeutral ➝ Neutral$270.00 ➝ $230.00+9.10%
6/3/2024Bank of America
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 Lower TargetNeutral ➝ Neutral$300.00 ➝ $260.00+28.97%
5/29/2024Robert W. Baird
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 Lower TargetOutperform ➝ Outperform$296.00 ➝ $289.00+37.32%
5/23/2024Stifel Nicolaus
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 Lower TargetBuy ➝ Buy$316.00 ➝ $290.00+33.38%
5/20/2024KeyCorp
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 Lower TargetOverweight ➝ Overweight$320.00 ➝ $305.00+37.88%
5/1/2024Berenberg Bank
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 DowngradeBuy ➝ Hold$295.00+38.60%
3/1/2024The Goldman Sachs Group
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 Boost TargetSell ➝ Sell$180.00 ➝ $230.00-17.55%
3/1/2024Piper Sandler Companies
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 Boost TargetNeutral$234.00 ➝ $260.00+0.71%
12/11/2023Bank Of America (Bofa)
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 Boost Target$235.00 ➝ $240.00+6.15%
9/29/2023HSBC
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 Initiated CoverageHold$214.00+2.94%
8/24/2023Deutsche Bank Aktiengesellschaft
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 Boost TargetHold ➝ Hold$225.00 ➝ $230.00+12.55%
5/8/2023OTR Global
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 DowngradePositive
4/17/2023William Blair
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D. Becker
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Initiated CoverageOutperform
3/1/2023Argus
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 Lower TargetBuy$290.00 ➝ $265.00+33.37%
2/27/2023JPMorgan Chase & Co.
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 Lower TargetNeutral$203.00 ➝ $175.00-11.02%
2/27/2023Credit Suisse Group
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 Lower TargetOutperform$325.00 ➝ $250.00+29.85%
11/24/2022Moffett Nathanson
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 Lower Target$177.00-10.18%
8/16/2022Wolfe Research
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 Initiated CoverageOutperform$270.00+15.56%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 05:13 PM ET.

ADSK Forecast - Frequently Asked Questions

What is Autodesk's forecast for 2024?

According to the research reports of 18 Wall Street equities research analysts, the average twelve-month stock price forecast for Autodesk is $262.42, with a high forecast of $305.00 and a low forecast of $214.00.

Should I buy or sell Autodesk stock right now?

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Autodesk in the last year. There is currently 1 sell rating, 9 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" ADSK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ADSK, but not buy additional shares or sell existing shares.

Does Autodesk's stock price have much upside?

According to analysts, Autodesk's stock has a predicted upside of 18.16% based on their 12-month stock forecasts.

Has Autodesk been downgraded by Wall Street analysts recently?

Over the previous 90 days, Autodesk's stock had 1 downgrade by analysts.

What analysts cover Autodesk?
Do Wall Street analysts like Autodesk more than its competitors?

Analysts like Autodesk less than other "computer and technology" companies. The consensus rating for Autodesk is Hold while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how ADSK compares to other companies.


This page (NASDAQ:ADSK) was last updated on 7/19/2024 by MarketBeat.com Staff

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