Analysts Set Autodesk, Inc. (NASDAQ:ADSK) Target Price at $369.97

Shares of Autodesk, Inc. (NASDAQ:ADSK) have been given a consensus recommendation of “Moderate Buy” by the thirty-one research firms that are presently covering the stock, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and three have issued a strong buy rating on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $369.9655.

A number of equities analysts have weighed in on ADSK shares. Rosenblatt Securities reiterated a “buy” rating and issued a $355.00 price target on shares of Autodesk in a report on Monday, November 24th. UBS Group reiterated a “buy” rating and issued a $400.00 target price on shares of Autodesk in a report on Wednesday, November 26th. Macquarie boosted their price target on Autodesk from $380.00 to $400.00 and gave the company an “outperform” rating in a research report on Wednesday, November 26th. HSBC cut their price objective on Autodesk from $388.00 to $379.00 and set a “buy” rating on the stock in a report on Friday, November 28th. Finally, Bank of America boosted their target price on Autodesk from $360.00 to $365.00 and gave the stock a “neutral” rating in a report on Wednesday, November 26th.

Institutional Investors Weigh In On Autodesk

Large investors have recently made changes to their positions in the business. Bridgewater Advisors Inc. boosted its stake in shares of Autodesk by 2.2% during the second quarter. Bridgewater Advisors Inc. now owns 1,567 shares of the software company’s stock valued at $474,000 after purchasing an additional 34 shares during the period. Clarity Wealth Advisors LLC increased its stake in shares of Autodesk by 2.3% in the second quarter. Clarity Wealth Advisors LLC now owns 1,535 shares of the software company’s stock worth $475,000 after buying an additional 35 shares during the period. Patron Partners LLC increased its stake in shares of Autodesk by 0.8% in the third quarter. Patron Partners LLC now owns 4,295 shares of the software company’s stock worth $1,364,000 after buying an additional 35 shares during the period. Fulton Bank N.A. raised its holdings in Autodesk by 4.6% during the 3rd quarter. Fulton Bank N.A. now owns 812 shares of the software company’s stock valued at $258,000 after buying an additional 36 shares during the last quarter. Finally, Wedbush Securities Inc. grew its holdings in Autodesk by 2.6% in the 2nd quarter. Wedbush Securities Inc. now owns 1,484 shares of the software company’s stock worth $459,000 after acquiring an additional 37 shares during the last quarter. Institutional investors and hedge funds own 90.24% of the company’s stock.

Autodesk Stock Performance

Autodesk stock opened at $253.87 on Friday. The stock has a fifty day moving average price of $292.36 and a 200 day moving average price of $300.77. Autodesk has a 52 week low of $232.67 and a 52 week high of $329.09. The firm has a market capitalization of $53.82 billion, a P/E ratio of 49.20, a PEG ratio of 2.16 and a beta of 1.46. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.86.

Autodesk (NASDAQ:ADSK) last issued its quarterly earnings results on Tuesday, November 25th. The software company reported $2.67 earnings per share (EPS) for the quarter, topping 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 analyst estimates of $1.81 billion. During the same period last year, the company earned $2.17 EPS. The firm’s quarterly revenue was up 18.0% on a year-over-year basis. Autodesk has set its FY 2026 guidance at 10.180-10.250 EPS and its Q4 2026 guidance at 2.590-2.67 EPS. Equities research analysts anticipate that Autodesk will post 5.76 earnings per share for the current year.

Autodesk Company Profile

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.