Autodesk’s (ADSK) Buy Rating Reiterated at BTIG Research

BTIG Research reiterated their buy rating on shares of Autodesk (NASDAQ:ADSK) in a research report sent to investors on Friday,Benzinga reports. They currently have a $300.00 target price on the software company’s stock.

A number of other analysts have also recently weighed in on ADSK. Robert W. Baird increased their price target on Autodesk from $312.00 to $325.00 and gave the stock an “outperform” rating in a research report on Friday, August 21st. Zacks Research cut Autodesk from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 14th. Loop Capital cut their target price on Autodesk from $250.00 to $235.00 and set a “hold” rating on the stock in a research note on Friday, May 29th. Morgan Stanley reduced their price target on Autodesk from $350.00 to $315.00 and set an “overweight” rating for the company in a research report on Tuesday, May 26th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $330.00 price objective on shares of Autodesk in a report on Monday, June 1st. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $321.07.

Autodesk Stock Performance

Autodesk stock opened at $260.66 on Friday. The firm’s 50-day moving average is $225.93 and its 200-day moving average is $232.22. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.83 and a current ratio of 0.86. Autodesk has a 1 year low of $185.50 and a 1 year high of $329.09. The company has a market cap of $55.00 billion, a P/E ratio of 33.72, a PEG ratio of 1.60 and a beta of 1.29.

Autodesk (NASDAQ:ADSK) last announced its quarterly earnings data on Thursday, August 27th. The software company reported $3.30 earnings per share for the quarter, beating analysts’ consensus estimates of $3.12 by $0.18. The business had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $2.01 billion. Autodesk had a net margin of 21.08% and a return on equity of 58.63%. The company’s revenue for the quarter was up 16.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.62 EPS. Autodesk has set its FY 2027 guidance at 12.520-12.600 EPS and its Q3 2027 guidance at 3.040-3.090 EPS. On average, equities analysts expect that Autodesk will post 9.7 earnings per share for the current year.

Insider Activity at Autodesk

In related news, Director John T. Cahill purchased 2,000 shares of the company’s stock in a transaction on Tuesday, June 23rd. The shares were bought at an average price of $189.20 per share, with a total value of $378,400.00. Following the completion of the acquisition, the director owned 4,000 shares of the company’s stock, valued at approximately $756,800. This represents a 100.00% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Janesh Moorjani bought 2,500 shares of the business’s stock in a transaction dated Monday, June 15th. The shares were bought at an average cost of $197.67 per share, for a total transaction of $494,175.00. Following the completion of the transaction, the executive vice president directly owned 50,993 shares of the company’s stock, valued at $10,079,786.31. This trade represents a 5.16% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 0.14% of the company’s stock.

Institutional Investors Weigh In On Autodesk

A number of large investors have recently made changes to their positions in the company. CENTRAL TRUST Co grew its position in shares of Autodesk by 6.2% in the 4th quarter. CENTRAL TRUST Co now owns 759 shares of the software company’s stock worth $225,000 after buying an additional 44 shares during the last quarter. Smithfield Trust Co lifted its position in Autodesk by 5.3% during the fourth quarter. Smithfield Trust Co now owns 893 shares of the software company’s stock valued at $266,000 after acquiring an additional 45 shares during the last quarter. Calydon Capital lifted its position in Autodesk by 1.7% during the fourth quarter. Calydon Capital now owns 2,726 shares of the software company’s stock valued at $807,000 after acquiring an additional 45 shares during the last quarter. Archer Investment Corp boosted its stake in Autodesk by 112.2% in the fourth quarter. Archer Investment Corp now owns 87 shares of the software company’s stock valued at $26,000 after acquiring an additional 46 shares in the last quarter. Finally, Sunbelt Securities Inc. boosted its stake in Autodesk by 5.3% in the third quarter. Sunbelt Securities Inc. now owns 1,029 shares of the software company’s stock valued at $327,000 after acquiring an additional 52 shares in the last quarter. Institutional investors and hedge funds own 90.24% of the company’s stock.

Key Stories Impacting Autodesk

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Autodesk reported fiscal Q2 revenue of $2.05 billion, up 16% year over year, and adjusted EPS of $3.30, exceeding analyst expectations of $2.01 billion and $3.12, respectively. Growth was supported by strong renewals, cloud sales, construction activity and operating leverage. Autodesk fiscal 2027 second-quarter results
• Positive Sentiment: The company raised fiscal 2027 billings and revenue expectations, with full-year revenue guidance of approximately $8.6 billion to $8.7 billion. Management highlighted artificial intelligence, sales productivity and the MaintainX acquisition as longer-term growth drivers. Autodesk raises fiscal 2027 billings outlook
• Positive Sentiment: Several analysts remain constructive. BTIG reaffirmed a Buy rating with a $300 target, Bank of America maintained its Buy rating and $300 target, while BNP Paribas Exane raised its target to $300. Analysts cited subscription momentum and expectations that margins can improve despite MaintainX-related costs. Analyst rating coverage
• Neutral Sentiment: Autodesk is expanding its AI strategy and operations-management offerings through MaintainX. While these initiatives could broaden the company’s addressable market, investors are assessing execution risks and the timing of financial benefits.
• Negative Sentiment: Fiscal Q3 adjusted EPS guidance of $3.04 to $3.09 was below Wall Street expectations. The outlook for operating margins and costs was also viewed as cautious, raising concerns that acquisition expenses and AI investment could pressure near-term profitability. Autodesk quarterly profit forecast
• Negative Sentiment: The mixed outlook prompted profit-taking after the earnings beat. Although full-year revenue and EPS guidance exceeded some consensus measures, investors appeared more focused on the weaker quarterly profit outlook and margin trajectory.

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.