DA Davidson Reiterates “$305.00” Price Target for Autodesk (NASDAQ:ADSK)

Autodesk (NASDAQ:ADSK) received a $305.00 price target from equities researchers at DA Davidson in a note issued to investors on Friday, Marketbeat.com reports. The brokerage currently has a “neutral” rating on the software company’s stock. DA Davidson’s price target would indicate a potential upside of 3.27% from the stock’s current price. DA Davidson also issued estimates for Autodesk’s Q2 2026 earnings at $1.67 EPS.

Several other equities analysts have also recently weighed in on ADSK. Mizuho decreased their target price on shares of Autodesk from $400.00 to $350.00 and set an “outperform” rating for the company in a research note on Tuesday, April 15th. Citigroup reissued a “buy” rating and issued a $374.00 target price (up from $346.00) on shares of Autodesk in a research note on Tuesday, May 20th. Barclays decreased their target price on shares of Autodesk from $365.00 to $325.00 and set an “overweight” rating for the company in a research note on Friday, April 11th. Rosenblatt Securities reissued a “buy” rating and issued a $340.00 target price on shares of Autodesk in a research note on Tuesday, May 20th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Autodesk from $300.00 to $280.00 and set a “neutral” rating for the company in a research note on Wednesday, April 9th. Eight investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, Autodesk currently has an average rating of “Moderate Buy” and an average target price of $337.18.

Autodesk Price Performance

NASDAQ:ADSK opened at $295.35 on Friday. Autodesk has a 1-year low of $195.32 and a 1-year high of $326.62. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.76. The firm has a fifty day simple moving average of $271.64 and a 200 day simple moving average of $286.45. The stock has a market capitalization of $63.19 billion, a PE ratio of 58.60, a P/E/G ratio of 2.94 and a beta of 1.47.

Insider Activity

In related news, CAO Stephen W. Hope sold 2,452 shares of the business’s stock in a transaction dated Friday, March 28th. The stock was sold at an average price of $267.29, for a total value of $655,395.08. Following the completion of the transaction, the chief accounting officer now owns 3,003 shares of the company’s stock, valued at $802,671.87. The trade was a 44.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director John T. Cahill purchased 2,000 shares of the company’s stock in a transaction that occurred on Friday, March 21st. The stock was bought at an average cost of $267.10 per share, with a total value of $534,200.00. Following the purchase, the director now owns 2,000 shares of the company’s stock, valued at $534,200. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.15% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Freedom Investment Management Inc. raised its stake in Autodesk by 2.4% in the first quarter. Freedom Investment Management Inc. now owns 1,473 shares of the software company’s stock valued at $386,000 after purchasing an additional 34 shares in the last quarter. Mount Yale Investment Advisors LLC raised its stake in Autodesk by 1.9% in the fourth quarter. Mount Yale Investment Advisors LLC now owns 1,864 shares of the software company’s stock valued at $551,000 after purchasing an additional 35 shares in the last quarter. Y.D. More Investments Ltd raised its stake in Autodesk by 1.0% during the fourth quarter. Y.D. More Investments Ltd now owns 3,384 shares of the software company’s stock worth $1,000,000 after acquiring an additional 35 shares in the last quarter. Journey Strategic Wealth LLC raised its stake in Autodesk by 4.6% during the fourth quarter. Journey Strategic Wealth LLC now owns 835 shares of the software company’s stock worth $247,000 after acquiring an additional 37 shares in the last quarter. Finally, Financial Network Wealth Advisors LLC raised its stake in Autodesk by 34.9% during the first quarter. Financial Network Wealth Advisors LLC now owns 143 shares of the software company’s stock worth $37,000 after acquiring an additional 37 shares in the last quarter. Institutional investors and hedge funds own 90.24% of the company’s stock.

Autodesk Company Profile

Autodesk, Inc provides 3D design, engineering, and entertainment technology solutions worldwide. The company offers AutoCAD Civil 3D, a surveying, design, analysis, and documentation solution for civil engineering, including land development, transportation, and environmental projects; BuildingConnected, a SaaS preconstruction solution; AutoCAD, a software for professional design, drafting, detailing, and visualization; AutoCAD LT, a drafting and detailing software; computer-aided manufacturing (CAM) software for computer numeric control machining, inspection, and modelling for manufacturing; Fusion 360, a 3D CAD, CAM, and computer-aided engineering tool; and Industry Collections tools for professionals in architecture, engineering and construction, product design and manufacturing, and media and entertainment collection industries.