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

Autodesk, Inc. (NASDAQ:ADSK) has earned an average rating of “Moderate Buy” from the twenty-nine research firms that are presently covering the firm, Marketbeat reports. Five equities research analysts have rated the stock with a hold recommendation, twenty-three have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $341.9643.

A number of research firms have recently issued reports on ADSK. Oppenheimer lowered their price objective on shares of Autodesk from $375.00 to $325.00 and set an “outperform” rating on the stock in a report on Tuesday, February 24th. Morgan Stanley decreased their target price on shares of Autodesk from $385.00 to $350.00 and set an “overweight” rating for the company in a research report on Monday, February 23rd. BMO Capital Markets lowered their price target on shares of Autodesk from $343.00 to $279.00 and set a “market perform” rating on the stock in a research note on Monday. Rothschild & Co Redburn set a $375.00 price target on shares of Autodesk in a research report on Friday, January 9th. Finally, The Goldman Sachs Group increased their price objective on shares of Autodesk from $320.00 to $330.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 26th.

Autodesk Stock Performance

ADSK opened at $260.99 on Friday. The business’s 50-day moving average price is $256.81 and its two-hundred day moving average price is $288.85. Autodesk has a 1 year low of $215.01 and a 1 year high of $329.09. The company has a market capitalization of $55.07 billion, a price-to-earnings ratio of 49.81, a P/E/G ratio of 1.75 and a beta of 1.45. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.85 and a quick ratio of 0.82.

Autodesk (NASDAQ:ADSK) last posted its quarterly earnings data on Thursday, February 26th. The software company reported $2.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.64 by $0.21. Autodesk had a return on equity of 53.51% and a net margin of 15.60%.The business had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.91 billion. During the same period last year, the company earned $2.29 earnings per share. Autodesk’s quarterly revenue 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 analysts expect that Autodesk will post 5.76 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Torren Management LLC acquired a new position in Autodesk in the 4th quarter valued at about $25,000. Measured Wealth Private Client Group LLC acquired a new stake in Autodesk during the third quarter worth approximately $25,000. Kemnay Advisory Services Inc. acquired a new stake in Autodesk during the fourth quarter worth approximately $25,000. Archer Investment Corp boosted its holdings in shares of Autodesk by 112.2% during the fourth quarter. Archer Investment Corp now owns 87 shares of the software company’s stock worth $26,000 after acquiring an additional 46 shares during the period. Finally, Proffitt & Goodson Inc. bought a new stake in shares of Autodesk during the third quarter worth approximately $27,000. 90.24% of the stock is owned by institutional investors and hedge funds.

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.