Autodesk (NASDAQ:ADSK – Free Report) had its price objective upped by Citigroup from $315.00 to $331.00 in a research report report published on Tuesday morning,MarketScreener reports. Citigroup currently has a buy rating on the software company’s stock.
A number of other equities analysts also recently commented on the stock. HSBC reduced their target price on shares of Autodesk from $388.00 to $379.00 and set a “buy” rating on the stock in a research note on Friday, November 28th. KeyCorp reaffirmed an “overweight” rating on shares of Autodesk in a research report on Tuesday, December 16th. Macquarie Infrastructure increased their price objective on Autodesk from $380.00 to $400.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 26th. Loop Capital cut their target price on Autodesk from $320.00 to $250.00 and set a “hold” rating for the company in a research note on Thursday, February 19th. Finally, Rosenblatt Securities reduced their target price on Autodesk from $375.00 to $330.00 and set a “buy” rating on the stock in a research report on Tuesday, February 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $341.96.
Read Our Latest Report on Autodesk
Autodesk Price Performance
Autodesk (NASDAQ:ADSK – Get Free Report) last released its quarterly earnings data on Thursday, February 26th. The software company reported $2.85 earnings per share for the quarter, topping analysts’ consensus estimates of $2.64 by $0.21. The company had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.91 billion. Autodesk had a return on equity of 53.51% and a net margin of 15.60%.During the same quarter in the previous year, the company posted $2.29 earnings per share. The firm’s revenue for the quarter was up 19.4% compared to the same quarter last year. Autodesk has set its FY 2027 guidance at 12.290-12.560 EPS and its Q1 2027 guidance at 2.820-2.860 EPS. Equities research analysts anticipate that Autodesk will post 5.76 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Autodesk
A number of institutional investors have recently modified their holdings of the company. Brighton Jones LLC boosted its holdings in Autodesk by 14.5% during the 4th quarter. Brighton Jones LLC now owns 1,162 shares of the software company’s stock valued at $343,000 after acquiring an additional 147 shares during the period. Sivia Capital Partners LLC lifted its position in shares of Autodesk by 98.1% during the second quarter. Sivia Capital Partners LLC now owns 2,472 shares of the software company’s stock worth $765,000 after purchasing an additional 1,224 shares in the last quarter. Schnieders Capital Management LLC. acquired a new stake in shares of Autodesk during the second quarter worth about $466,000. Y Intercept Hong Kong Ltd purchased a new position in shares of Autodesk in the second quarter valued at approximately $861,000. Finally, Welch & Forbes LLC acquired a new position in shares of Autodesk in the second quarter valued at approximately $348,000. 90.24% of the stock is owned by institutional investors and hedge funds.
More Autodesk News
Here are the key news stories impacting Autodesk this week:
- Positive Sentiment: Multiple analyst upgrades and hikes — Citigroup raised its price target to $331 and kept a Buy, while Piper Sandler reaffirmed an Overweight and lifted its target to $383, signaling continued analyst confidence in upside. Citigroup Price Target
- Positive Sentiment: Q4 results and guidance momentum — Autodesk reported strong Q4 revenue (about +19% YoY) and metrics that beat guidance, which supports the bullish analyst tone and underlying subscription/ARR growth story. Q4 Revenue Beat
- Positive Sentiment: New AI use case partnership — Autodesk partnered with BioDapt to apply Fusion AI design tools to high‑performance prosthetics, demonstrating potential product-led expansion of cloud/AI workflows into adjacent manufacturing and healthcare niches. This can broaden TAM and investor interest. BioDapt Alliance
- Neutral Sentiment: Mixed price‑target actions — several shops issued different updates in the last 48 hours (raises and cuts: Wells Fargo, RBC, DA Davidson, Deutsche Bank adjustments). This creates divergent short‑term views even as consensus remains generally positive. (Example item) Wells Fargo Target Cut
- Neutral Sentiment: Short‑interest data appears non‑informative / reporting glitch — recent short‑interest entries show zero or NaN values, so there’s no clear short squeeze pressure evident from the published data right now.
- Negative Sentiment: Competitive product developments — PTC expanded Onshape with advanced cloud‑native model‑based definition (MBD) features; continued competitor innovation in cloud CAD/PLM could pressure Autodesk’s market share or slow customer migrations. PTC Onshape Expansion
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.
Read More
- Five stocks we like better than Autodesk
- New Copper-Rich “Kraken” Zone Discovered
- Silver Is the New Oil—And the World’s Running Dry
- America’s 1776 happening again
- 3 Signs You May Want to Switch Financial Advisors
- Silver’s squeeze is tightening – opportunity forming
Receive News & Ratings for Autodesk Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Autodesk and related companies with MarketBeat.com's FREE daily email newsletter.
