Autodesk (ADSK) Stock Forecast & Price Target

$240.86

-1.37 (-0.57%)

(As of 07/26/2024 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

Hold
Based on 18 Analyst Ratings

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
8.95% 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 8.95% from the current price of $240.86.

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
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 Upside	8.95% Upside	18.16% Upside	10.82% Upside	11.62% 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.

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.

Autodesk Stock vs. The Competition

Type	Autodesk	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.39	2.61	2.50
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	8.95% Upside	554.04% Upside	9.09% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
6/18/2024	Oppenheimer 3 of 5 stars		Reiterated Rating	Outperform ➝ Outperform	$275.00 ➝ $275.00	+13.34%
6/18/2024	Royal Bank of Canada 4 of 5 stars		Reiterated Rating	Outperform ➝ Outperform	$260.00 ➝ $260.00	+8.10%
6/12/2024	Morgan Stanley 3 of 5 stars		Reiterated Rating	Equal Weight ➝ Equal Weight	$255.00 ➝ $255.00	+14.57%
6/12/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Market Perform ➝ Market Perform	$293.00 ➝ $254.00	+15.33%
6/12/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Neutral ➝ Neutral	$239.00 ➝ $239.00	+13.00%
6/12/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$286.00 ➝ $295.00	+39.48%
Get the Latest News and Ratings for ADSK and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Autodesk and its competitors with MarketBeat's FREE daily newsletter.
6/12/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$310.00 ➝ $275.00	+30.02%
6/12/2024	Rosenblatt Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$290.00 ➝ $290.00	+37.12%
6/4/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$270.00 ➝ $230.00	+9.10%
6/3/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$300.00 ➝ $260.00	+28.97%
5/29/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$296.00 ➝ $289.00	+37.32%
5/23/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$316.00 ➝ $290.00	+33.38%
5/20/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$320.00 ➝ $305.00	+37.88%
5/1/2024	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$295.00	+38.60%
3/1/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sell ➝ Sell	$180.00 ➝ $230.00	-17.55%
3/1/2024	Piper Sandler Companies Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral	$234.00 ➝ $260.00	+0.71%
12/11/2023	Bank Of America (Bofa) Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$235.00 ➝ $240.00	+6.15%
9/29/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$214.00	+2.94%
8/24/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$225.00 ➝ $230.00	+12.55%
5/8/2023	OTR Global Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Positive
4/17/2023	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Becker Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform
3/1/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$290.00 ➝ $265.00	+33.37%
2/27/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral	$203.00 ➝ $175.00	-11.02%
2/27/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$325.00 ➝ $250.00	+29.85%
11/24/2022	Moffett Nathanson Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$177.00	-10.18%
8/16/2022	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$270.00	+15.56%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 06:05 AM 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 twelve months. 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?: Autodesk has been rated by research analysts at Bank of America, Barclays, Berenberg Bank, BMO Capital Markets, Citigroup, KeyCorp, Mizuho, Morgan Stanley, Oppenheimer, Piper Sandler, Robert W. Baird, Rosenblatt Securities, Royal Bank of Canada, and Stifel Nicolaus in the past 90 days.
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.