Autodesk (NASDAQ:ADSK) Upgraded at Zacks Research

Zacks Research upgraded shares of Autodesk (NASDAQ:ADSK) from a hold rating to a strong-buy rating in a report issued on Wednesday morning,Zacks.com reports.

Several other equities analysts have also commented on ADSK. Argus raised shares of Autodesk to a “strong-buy” rating in a research report on Friday, March 6th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Autodesk from $375.00 to $330.00 and set a “buy” rating on the stock in a research report on Monday, March 2nd. Oppenheimer cut their price target on shares of Autodesk from $375.00 to $325.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 24th. Barclays raised their price target on shares of Autodesk from $300.00 to $315.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. Finally, BMO Capital Markets lowered their price objective on shares of Autodesk from $343.00 to $279.00 and set a “market perform” rating for the company in a research note on Monday, March 2nd. Three analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $338.25.

Autodesk Stock Performance

Shares of ADSK opened at $242.02 on Wednesday. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.82. The firm has a market cap of $51.07 billion, a PE ratio of 46.19, a P/E/G ratio of 1.61 and a beta of 1.43. Autodesk has a 12 month low of $214.10 and a 12 month high of $329.09. The stock has a fifty day moving average price of $239.51 and a 200-day moving average price of $274.00.

Autodesk (NASDAQ:ADSK) last announced its earnings results on Thursday, February 26th. The software company reported $2.85 earnings per share for the quarter, topping the consensus estimate of $2.64 by $0.21. Autodesk had a return on equity of 53.51% and a net margin of 15.60%.The firm had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.91 billion. During the same period in the previous year, the business earned $2.29 EPS. The firm’s revenue for the quarter was up 19.4% on a year-over-year basis. 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 predict that Autodesk will post 5.76 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Autodesk

A number of institutional investors have recently bought and sold shares of the business. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Autodesk by 12.8% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 153,180 shares of the software company’s stock valued at $48,661,000 after purchasing an additional 17,358 shares during the period. BI Asset Management Fondsmaeglerselskab A S increased its stake in shares of Autodesk by 18.7% during the third quarter. BI Asset Management Fondsmaeglerselskab A S now owns 130,669 shares of the software company’s stock worth $41,510,000 after purchasing an additional 20,543 shares in the last quarter. OFI Invest Asset Management raised its position in shares of Autodesk by 246.4% during the 4th quarter. OFI Invest Asset Management now owns 52,649 shares of the software company’s stock worth $15,585,000 after purchasing an additional 37,449 shares during the last quarter. Pacific Heights Asset Management LLC lifted its stake in Autodesk by 26.9% in the 3rd quarter. Pacific Heights Asset Management LLC now owns 85,000 shares of the software company’s stock valued at $27,002,000 after buying an additional 18,000 shares in the last quarter. Finally, Freemont Management S.A. acquired a new stake in Autodesk in the 3rd quarter worth about $4,765,000. 90.24% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Autodesk

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Zacks upgraded Autodesk from “Hold” to “Strong Buy,” which can drive buying interest from retail and quantitative funds that follow Zacks ranks. Zacks.com
• Positive Sentiment: Jefferies initiated coverage with a Buy, adding institutional brokerage support that often increases visibility and can lead to incremental flows from investors following sell‑side calls. Jefferies initiates coverage
• Positive Sentiment: Autodesk and Globant expanded their Tandem digital‑twin partnership, accelerating enterprise adoption of Autodesk’s Tandem platform across airports, smart buildings and manufacturing — a potential revenue/implementation tailwind for cloud services. Globant And Autodesk Deepen Digital Twin Push
• Positive Sentiment: Industry research forecasts strong GIS market growth through 2033 and names Autodesk as a leading vendor, supporting long‑term TAM expansion for spatial analytics, digital twins and cloud offerings. Geographic Information Systems (GIS) Market Report
• Positive Sentiment: Autodesk donated $1.95M to Howard University to expand a construction engineering program and makerspace — a small but positive ESG/talent pipeline and PR event. Autodesk Donates $1.95 Million
• Neutral Sentiment: Recent headlines noted Autodesk “beat the market upswing” in intraday moves, reflecting near‑term momentum but not new fundamentals. Autodesk Beats Stock Market Upswing
• Neutral Sentiment: Media pieces list Autodesk among robotics/physical‑AI candidates and mention it in broader investor roundups (visibility, sector placement) — helpful for thematic flows but not a direct catalyst. Top Robotics Stocks With Strong Potential
• Neutral Sentiment: Articles referencing Michael Burry and various stock picks or a head‑to‑head survey mentioning Autodesk create noise but provide little concrete position data tied to ADSK buying/selling. Michael Burry Just Snapped Up These Stocks
• Negative Sentiment: 247wallst published a short‑candidate comparison arguing Snowflake is a better short than Autodesk, keeping valuation/short‑seller narratives alive and potentially pressuring sentiment among value/short‑bias investors. Autodesk vs Snowflake: Short Candidate Analysis

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.