Autodesk, Inc. (NASDAQ:ADSK) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Autodesk, Inc. (NASDAQ:ADSK) have been given a consensus rating of “Moderate Buy” by the twenty-nine brokerages that are presently covering the company, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and two have given a strong buy rating to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $369.0357.

A number of brokerages have weighed in on ADSK. HSBC reduced their target price on Autodesk from $388.00 to $379.00 and set a “buy” rating on the stock in a report on Friday, November 28th. Barclays upped their price target on shares of Autodesk from $385.00 to $390.00 and gave the stock an “overweight” rating in a report on Wednesday, November 26th. Citigroup increased their target price on Autodesk from $370.00 to $382.00 and gave the company a “buy” rating in a research report on Friday, November 28th. Wolfe Research dropped their price objective on shares of Autodesk from $390.00 to $330.00 and set an “outperform” rating for the company in a report on Monday, February 2nd. Finally, UBS Group reaffirmed a “buy” rating and set a $400.00 price target on shares of Autodesk in a research note on Wednesday, November 26th.

Autodesk Trading Up 0.9%

Shares of NASDAQ:ADSK opened at $242.53 on Tuesday. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.86. The stock has a market cap of $51.42 billion, a PE ratio of 47.00, a P/E/G ratio of 1.68 and a beta of 1.45. The business has a 50 day moving average of $280.92 and a 200-day moving average of $296.63. Autodesk has a 12-month low of $232.67 and a 12-month high of $329.09.

Autodesk (NASDAQ:ADSK) last announced its earnings results on Tuesday, November 25th. The software company reported $2.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.50 by $0.17. Autodesk had a net margin of 16.09% and a return on equity of 52.06%. The company had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter in the previous year, the business posted $2.17 earnings per share. Autodesk’s quarterly revenue was up 18.0% on a year-over-year basis. Autodesk has set its FY 2026 guidance at 10.180-10.250 EPS and its Q4 2026 guidance at 2.590-2.67 EPS. As a group, equities research analysts forecast that Autodesk will post 5.76 earnings per share for the current year.

Institutional Trading of Autodesk

Several hedge funds have recently modified their holdings of ADSK. Brighton Jones LLC boosted its position in shares of Autodesk by 14.5% during the 4th quarter. Brighton Jones LLC now owns 1,162 shares of the software company’s stock worth $343,000 after purchasing an additional 147 shares in the last quarter. Sivia Capital Partners LLC grew its position in Autodesk by 98.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 2,472 shares of the software company’s stock valued at $765,000 after purchasing an additional 1,224 shares during the period. IFP Advisors Inc increased its stake in Autodesk by 2.9% during the 2nd quarter. IFP Advisors Inc now owns 2,122 shares of the software company’s stock valued at $657,000 after purchasing an additional 60 shares in the last quarter. Blue Trust Inc. raised its holdings in Autodesk by 22.1% during the second quarter. Blue Trust Inc. now owns 1,148 shares of the software company’s stock worth $355,000 after buying an additional 208 shares during the last quarter. Finally, Trust Co. of Toledo NA OH acquired a new position in Autodesk during the 2nd quarter valued at about $41,000. Institutional investors own 90.24% of the company’s stock.

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.