Autodesk (NASDAQ:ADSK) Earns Buy Rating from Analysts at Rothschild & Co Redburn

Stock analysts at Rothschild & Co Redburn started coverage on shares of Autodesk (NASDAQ:ADSK) in a research report issued to clients and investors on Friday. The firm set a “buy” rating and a $375.00 price target on the software company’s stock. Rothschild & Co Redburn’s price objective indicates a potential upside of 36.32% from the stock’s previous close.

Several other research analysts have also recently commented on ADSK. Arete Research increased their price target on Autodesk from $430.00 to $460.00 and gave the company a “buy” rating in a research report on Thursday, December 11th. HSBC decreased their price objective on shares of Autodesk from $388.00 to $379.00 and set a “buy” rating for the company in a research report on Friday, November 28th. The Goldman Sachs Group lifted their price target on Autodesk from $320.00 to $330.00 and gave the stock a “neutral” rating in a report on Wednesday, November 26th. UBS Group restated a “buy” rating and issued a $400.00 price objective on shares of Autodesk in a research note on Wednesday, November 26th. Finally, Redburn Partners set a $375.00 price objective on Autodesk in a research report on Friday. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $369.97.

Autodesk Stock Performance

Shares of NASDAQ:ADSK traded down $1.50 during midday trading on Friday, hitting $275.08. The company’s stock had a trading volume of 81,966 shares, compared to its average volume of 1,313,526. The stock’s 50 day simple moving average is $297.68 and its 200 day simple moving average is $303.17. Autodesk has a fifty-two week low of $232.67 and a fifty-two week high of $329.09. The stock has a market capitalization of $58.32 billion, a price-to-earnings ratio of 53.14, a PEG ratio of 2.39 and a beta of 1.46. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.82 and a current ratio of 0.82.

Autodesk (NASDAQ:ADSK) last announced its quarterly earnings results on Tuesday, November 25th. The software company reported $2.67 earnings per share for the quarter, beating analysts’ consensus estimates of $2.50 by $0.17. Autodesk had a return on equity of 52.06% and a net margin of 16.09%.The firm had revenue of $1.85 billion for the quarter, compared to analysts’ expectations of $1.81 billion. During the same period in the prior year, the business posted $2.17 earnings per share. The business’s revenue was up 18.0% compared to the same quarter last year. 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, research analysts anticipate that Autodesk will post 5.76 earnings per share for the current year.

Institutional Investors Weigh In On Autodesk

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Measured Wealth Private Client Group LLC bought a new position in shares of Autodesk during the 3rd quarter valued at about $25,000. Flaharty Asset Management LLC purchased a new position in Autodesk during the 1st quarter valued at about $27,000. Proffitt & Goodson Inc. bought a new position in Autodesk during the 3rd quarter valued at approximately $27,000. Access Investment Management LLC purchased a new position in Autodesk in the second quarter worth about $28,000. Finally, Heartwood Wealth Advisors LLC purchased a new position in Autodesk in the 3rd quarter worth approximately $28,000. 90.24% of the stock is owned by institutional investors.

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.