Autodesk (NASDAQ:ADSK) Upgraded at DA Davidson

DA Davidson upgraded shares of Autodesk (NASDAQ:ADSK) to a strong-buy rating in a research report report published on Tuesday,Zacks.com reports. DA Davidson also issued estimates for Autodesk’s Q2 2026 earnings at $1.68 EPS, FY2026 earnings at $6.72 EPS and FY2027 earnings at $8.14 EPS.

Several other equities research analysts also recently issued reports on ADSK. Wells Fargo & Company reaffirmed an “overweight” rating and set a $360.00 price target (up previously from $345.00) on shares of Autodesk in a report on Friday, May 23rd. Stifel Nicolaus raised their price target on Autodesk from $310.00 to $350.00 and gave the company a “buy” rating in a report on Friday, May 23rd. Piper Sandler raised their price target on Autodesk from $357.00 to $361.00 and gave the company an “overweight” rating in a report on Tuesday, May 27th. KeyCorp reaffirmed an “overweight” rating and set a $350.00 price target (up previously from $323.00) on shares of Autodesk in a report on Friday, May 23rd. Finally, Robert W. Baird raised their price target on Autodesk from $303.00 to $335.00 and gave the company an “outperform” rating in a report on Friday, May 16th. Seven investment analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $342.61.

Autodesk Price Performance

NASDAQ:ADSK opened at $301.10 on Tuesday. The firm has a fifty day simple moving average of $299.19 and a 200 day simple moving average of $285.75. Autodesk has a 1-year low of $223.03 and a 1-year high of $326.62. The stock has a market capitalization of $64.44 billion, a PE ratio of 64.48, a P/E/G ratio of 2.90 and a beta of 1.44. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.76.

Insider Buying and Selling

In related news, EVP Rebecca Pearce sold 3,251 shares of the business’s stock in a transaction dated Thursday, July 3rd. The stock was sold at an average price of $315.00, for a total value of $1,024,065.00. Following the completion of the transaction, the executive vice president owned 19,440 shares of the company’s stock, valued at $6,123,600. The trade was a 14.33% 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. Insiders sold a total of 9,391 shares of company stock valued at $2,909,885 over the last three months. 0.15% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Brighton Jones LLC grew its holdings in shares of Autodesk by 14.5% during the fourth quarter. Brighton Jones LLC now owns 1,162 shares of the software company’s stock worth $343,000 after purchasing an additional 147 shares during the last quarter. Proficio Capital Partners LLC bought a new stake in shares of Autodesk during the fourth quarter worth about $202,000. LPL Financial LLC grew its holdings in shares of Autodesk by 13.7% during the fourth quarter. LPL Financial LLC now owns 194,851 shares of the software company’s stock worth $57,592,000 after purchasing an additional 23,438 shares during the last quarter. FineMark National Bank & Trust grew its holdings in shares of Autodesk by 1.3% during the fourth quarter. FineMark National Bank & Trust now owns 3,377 shares of the software company’s stock worth $998,000 after purchasing an additional 42 shares during the last quarter. Finally, TIAA Trust National Association grew its holdings in shares of Autodesk by 3.7% during the fourth quarter. TIAA Trust National Association now owns 2,644 shares of the software company’s stock worth $782,000 after purchasing an additional 95 shares during the last quarter. Institutional investors 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.