Citigroup Reiterates Neutral Rating for Autodesk (NASDAQ:ADSK)

Autodesk (NASDAQ:ADSK)‘s stock had its “neutral” rating restated by research analysts at Citigroup in a research report issued to clients and investors on Friday, Marketbeat reports. They presently have a $246.00 price target on the software company’s stock, down from their previous price target of $331.00. Citigroup’s price target indicates a potential upside of 12.61% from the company’s previous close.

ADSK has been the subject of a number of other reports. UBS Group reduced their target price on shares of Autodesk from $400.00 to $290.00 and set a “buy” rating for the company in a report on Monday, February 23rd. Barclays boosted their target price on shares of Autodesk from $300.00 to $315.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. BTIG Research reduced their target price on shares of Autodesk from $365.00 to $300.00 and set a “buy” rating for the company in a report on Friday, February 27th. Royal Bank Of Canada reduced their target price on shares of Autodesk from $340.00 to $335.00 and set an “outperform” rating for the company in a report on Friday, February 27th. Finally, Loop Capital reduced their target price on shares of Autodesk from $320.00 to $250.00 and set a “hold” rating for the company in a report on Thursday, February 19th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $339.67.

Autodesk Stock Down 3.0%

NASDAQ:ADSK opened at $218.45 on Friday. Autodesk has a 1-year low of $214.10 and a 1-year high of $329.09. The company has a 50-day moving average of $240.27 and a 200 day moving average of $276.68. The firm has a market cap of $46.09 billion, a PE ratio of 41.69, a price-to-earnings-growth ratio of 1.45 and a beta of 1.43. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.85 and a quick ratio of 0.85.

Autodesk (NASDAQ:ADSK) 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 during the quarter, compared to analyst estimates of $1.91 billion. Autodesk had a net margin of 15.60% and a return on equity of 53.51%. The firm’s revenue for the quarter was up 19.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.29 earnings per share. Autodesk has set its FY 2027 guidance at 12.290-12.560 EPS and its Q1 2027 guidance at 2.820-2.860 EPS. As a group, research analysts anticipate that Autodesk will post 5.76 EPS for the current fiscal year.

Hedge Funds Weigh In On Autodesk

Several hedge funds have recently modified their holdings of the stock. Patron Partners LLC increased its holdings in shares of Autodesk by 0.8% during the third quarter. Patron Partners LLC now owns 4,295 shares of the software company’s stock valued at $1,364,000 after acquiring an additional 35 shares in the last quarter. Fulton Bank N.A. increased its holdings in shares of Autodesk by 4.6% during the third quarter. Fulton Bank N.A. now owns 812 shares of the software company’s stock valued at $258,000 after acquiring an additional 36 shares in the last quarter. Catalyst Financial Partners LLC increased its holdings in shares of Autodesk by 3.8% during the third quarter. Catalyst Financial Partners LLC now owns 1,023 shares of the software company’s stock valued at $325,000 after acquiring an additional 37 shares in the last quarter. Beacon Financial Group increased its holdings in shares of Autodesk by 3.4% during the third quarter. Beacon Financial Group now owns 1,168 shares of the software company’s stock valued at $371,000 after acquiring an additional 38 shares in the last quarter. Finally, Sky Investment Group LLC increased its holdings in shares of Autodesk by 0.5% during the third quarter. Sky Investment Group LLC now owns 7,998 shares of the software company’s stock valued at $2,541,000 after acquiring an additional 40 shares in the last quarter. Institutional investors and hedge funds own 90.24% of the company’s stock.

Autodesk News Roundup

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Macro relief / growth optimism supports a re-rating case — some coverage frames the pullback as a valuation reset after a recent relief rally rather than a deterioration in the business, suggesting upside if growth continues. Autodesk valuation check (Yahoo)
• Neutral Sentiment: Reported short-interest data is effectively meaningless (shows 0 shares / NaN change) — no clear short-squeeze dynamic is present based on the available report.
• Negative Sentiment: Citi downgraded ADSK from Buy to Neutral and cut its price target to $246 (from $331), which is the most direct catalyst cited for today’s weakness and reduces near-term analyst-driven upside expectations. Citi downgrades Autodesk (247WallSt)
• Negative Sentiment: Ongoing valuation concerns and a string of price-target trims have amplified selling pressure; analysts and market-note summaries characterize the move as a valuation-driven reset rather than a single fundamental event. Valuation/price-target analysis (QuiverQuant)
• Negative Sentiment: Sector-wide risk-off after the launch of Anthropic’s Managed Agents pressured several software/AI stocks intraday, contributing to the broader sell-off that hit ADSK. Sector sell-off after Anthropic news (Yahoo)

About Autodesk

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.