Autodesk, Inc. (NASDAQ:ADSK) Receives Average Recommendation of “Moderate Buy” from Analysts

Autodesk, Inc. (NASDAQ:ADSK) has been given an average recommendation of “Moderate Buy” by the twenty-seven brokerages that are presently covering the company, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation, twenty have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $364.24.

Several equities analysts have recently issued reports on ADSK shares. UBS Group reissued a “buy” rating and issued a $400.00 price target on shares of Autodesk in a report on Wednesday. Macquarie increased their price target on Autodesk from $380.00 to $400.00 and gave the stock an “outperform” rating in a report on Wednesday. KeyCorp raised their price target on Autodesk from $350.00 to $365.00 and gave the stock an “overweight” rating in a research report on Friday, August 29th. Hsbc Global Res upgraded Autodesk from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 1st. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Autodesk in a report on Wednesday, October 8th.

Insider Activity at Autodesk

In related news, Director Ayanna Howard sold 917 shares of the company’s stock in a transaction on Monday, September 29th. The shares were sold at an average price of $325.00, for a total value of $298,025.00. Following the completion of the transaction, the director directly owned 3,476 shares of the company’s stock, valued at approximately $1,129,700. This represents a 20.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Rebecca Pearce sold 6,129 shares of Autodesk stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $323.06, for a total value of $1,980,034.74. Following the completion of the sale, the executive vice president directly owned 13,311 shares in the company, valued at $4,300,251.66. This represents a 31.53% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 35,386 shares of company stock valued at $11,433,201. 0.15% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of ADSK. Norges Bank bought a new position in Autodesk in the 2nd quarter valued at about $777,202,000. Nuveen LLC bought a new position in shares of Autodesk during the first quarter worth approximately $278,383,000. T. Rowe Price Investment Management Inc. lifted its holdings in Autodesk by 44.1% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 3,318,319 shares of the software company’s stock worth $868,736,000 after purchasing an additional 1,016,187 shares during the last quarter. Rakuten Investment Management Inc. bought a new stake in Autodesk in the 3rd quarter valued at $268,649,000. Finally, Geode Capital Management LLC boosted its stake in Autodesk by 15.1% in the 2nd quarter. Geode Capital Management LLC now owns 5,606,264 shares of the software company’s stock valued at $1,730,415,000 after purchasing an additional 734,449 shares during the period. 90.24% of the stock is owned by institutional investors and hedge funds.

Autodesk Price Performance

Autodesk stock opened at $301.38 on Thursday. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.91. The firm has a market capitalization of $64.19 billion, a P/E ratio of 62.40, a PEG ratio of 2.63 and a beta of 1.51. The business has a 50-day moving average of $307.02 and a 200-day moving average of $302.85. Autodesk has a 1 year low of $232.67 and a 1 year high of $329.09.

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. The business had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.81 billion. Autodesk had a net margin of 15.75% and a return on equity of 51.23%. Autodesk’s revenue for the quarter was up 18.0% on a year-over-year basis. During the same period last year, the company posted $2.17 EPS. Autodesk has set its FY 2026 guidance at 10.180-10.250 EPS. Q4 2026 guidance at 2.590-2.67 EPS. On average, equities analysts anticipate that Autodesk will post 5.76 EPS for the current year.

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.