Autodesk (NASDAQ:ADSK) Price Target Lowered to $350.00 at Morgan Stanley

Autodesk (NASDAQ:ADSK) had its price objective lowered by Morgan Stanley from $385.00 to $350.00 in a research report sent to investors on Monday morning, Marketbeat Ratings reports. Morgan Stanley currently has an overweight rating on the software company’s stock.

A number of other equities analysts also recently commented on ADSK. Robert W. Baird upped their target price on shares of Autodesk from $367.00 to $377.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 26th. Rosenblatt Securities reiterated a “buy” rating and issued a $355.00 price target on shares of Autodesk in a report on Monday, November 24th. The Goldman Sachs Group raised their price objective on Autodesk from $320.00 to $330.00 and gave the stock a “neutral” rating in a report on Wednesday, November 26th. UBS Group decreased their target price on Autodesk from $400.00 to $290.00 and set a “buy” rating for the company in a research report on Monday. Finally, Barclays lowered their target price on Autodesk from $390.00 to $300.00 and set an “overweight” rating for the company in a report on Friday. Two analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $350.57.

Autodesk Stock Down 3.7%

Shares of ADSK opened at $218.64 on Monday. The firm has a fifty day moving average price of $266.26 and a 200-day moving average price of $291.49. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.86. The firm has a market capitalization of $46.35 billion, a P/E ratio of 42.37, a P/E/G ratio of 1.59 and a beta of 1.45. Autodesk has a 12-month low of $216.01 and a 12-month high of $329.09.

Autodesk (NASDAQ:ADSK) last posted its quarterly earnings results on Tuesday, November 25th. The software company reported $2.67 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter last year, the firm posted $2.17 EPS. The firm’s revenue was up 18.0% compared to the same quarter last year. Equities research analysts expect that Autodesk will post 5.76 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Norges Bank purchased a new stake in Autodesk during the fourth quarter valued at approximately $867,480,000. Northwestern Mutual Wealth Management Co. increased its position in shares of Autodesk by 44,345.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,280,515 shares of the software company’s stock worth $675,055,000 after purchasing an additional 2,275,384 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its position in shares of Autodesk by 46.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,989,372 shares of the software company’s stock worth $884,884,000 after purchasing an additional 952,343 shares in the last quarter. Wellington Management Group LLP lifted its holdings in shares of Autodesk by 103.5% during the 4th quarter. Wellington Management Group LLP now owns 1,868,159 shares of the software company’s stock valued at $552,994,000 after purchasing an additional 950,149 shares during the last quarter. Finally, Rakuten Investment Management Inc. acquired a new stake in shares of Autodesk in the 3rd quarter worth $268,649,000. Hedge funds and other institutional investors own 90.24% of the company’s stock.

Key Headlines Impacting Autodesk

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Autodesk led a $1B financing for World Labs and directly invested $200 million, highlighting a strategic push into advanced AI research that could support long-term product differentiation and address AI-related market concerns. Autodesk (ADSK) Invests $200 Million in World Labs
• Positive Sentiment: Morgan Stanley reiterated a bullish stance (Buy/Overweight) citing strong demand, margin expansion potential and limited AI-disruption risk, which supports a longer-term constructive view on revenue and profitability. Autodesk: Buy Rating Backed by Strong Demand Outlook, Margin Expansion, and Limited AI Disruption Risk
• Neutral Sentiment: Pre-earnings coverage is digging into key Q4 metrics and estimates beyond headline revenue/EPS, which could increase volatility around the upcoming results and guide investor focus to subscription metrics and margin trajectories. Gear Up for Autodesk (ADSK) Q4 Earnings: Wall Street Estimates for Key Metrics
• Negative Sentiment: Analysts are trimming price targets: Stifel lowered its PT to $285 (still a Buy) and Morgan Stanley cut its PT to $350 (keeps Overweight). PT cuts, even with maintained ratings, signal moderated upside expectations and can weigh on near-term sentiment. Stifel adjusts price target on Autodesk to $285
• Negative Sentiment: Loop Capital cut its price target to $250, adding to the downward pressure from lowered analyst targets and reinforcing a more cautious near-term view. Loop Capital Cuts Autodesk Price Target to $250
• Negative Sentiment: Broader sector dynamics: Canva’s recent acquisitive moves and market commentary highlight that public software stocks are being punished amid AI concerns — a sector-wide force likely contributing to Autodesk’s weakness today. As Wall Street punishes software stocks over AI concerns, Canva gets more acquisitive

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.