Autodesk’s (ADSK) “Hold (C+)” Rating Reiterated at Weiss Ratings

Weiss Ratings reaffirmed their hold (c+) rating on shares of Autodesk (NASDAQ:ADSK) in a report published on Wednesday,Weiss Ratings reports.

A number of other equities research analysts have also recently commented on the company. Oppenheimer raised their target price on Autodesk from $350.00 to $375.00 and gave the company an “outperform” rating in a research report on Friday, August 29th. Wall Street Zen cut Autodesk from a “strong-buy” rating to a “buy” rating in a research report on Sunday, September 28th. KeyCorp raised their price target on shares of Autodesk from $350.00 to $365.00 and gave the company an “overweight” rating in a research note on Friday, August 29th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $380.00 price target on shares of Autodesk in a research note on Monday. Finally, Morgan Stanley raised their price target on shares of Autodesk from $370.00 to $385.00 and gave the company an “overweight” rating in a research note on Sunday, August 31st. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $359.13.

Autodesk Price Performance

Shares of ADSK opened at $303.50 on Wednesday. The business’s 50-day moving average is $308.24 and its two-hundred day moving average is $294.19. The company has a market capitalization of $64.65 billion, a P/E ratio of 62.84, a P/E/G ratio of 2.75 and a beta of 1.49. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.76 and a current ratio of 0.76. Autodesk has a fifty-two week low of $232.67 and a fifty-two week high of $329.09.

Autodesk (NASDAQ:ADSK) last posted its earnings results on Thursday, August 28th. The software company reported $1.46 EPS for the quarter, missing analysts’ consensus estimates of $2.45 by ($0.99). Autodesk had a net margin of 15.75% and a return on equity of 51.23%. The business had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.72 billion. During the same quarter last year, the business earned $2.15 earnings per share. Autodesk’s revenue was up 17.1% on a year-over-year basis. Autodesk has set its FY 2026 guidance at 9.800-9.980 EPS. Q3 2026 guidance at 2.480-2.510 EPS. Research analysts predict that Autodesk will post 5.76 earnings per share for the current year.

Insider Buying and Selling at Autodesk

In other Autodesk news, EVP Rebecca Pearce sold 6,129 shares of the firm’s stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $323.06, for a total value of $1,980,034.74. Following the transaction, the executive vice president directly owned 13,311 shares of the company’s stock, valued at $4,300,251.66. This trade represents a 31.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Ayanna Howard sold 3,159 shares of the firm’s stock in a transaction that occurred on Friday, August 29th. The stock was sold at an average price of $325.00, for a total transaction of $1,026,675.00. Following the completion of the transaction, the director directly owned 4,393 shares in the company, valued at $1,427,725. This trade represents a 41.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 35,386 shares of company stock valued at $11,433,201. Company insiders own 0.15% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of ADSK. OMNI 360 Wealth Inc. acquired a new stake in shares of Autodesk during the 2nd quarter worth approximately $359,000. E. Ohman J or Asset Management AB increased its holdings in shares of Autodesk by 1.8% during the 2nd quarter. E. Ohman J or Asset Management AB now owns 127,126 shares of the software company’s stock worth $39,354,000 after buying an additional 2,276 shares during the last quarter. Spire Wealth Management increased its holdings in shares of Autodesk by 2.5% during the 1st quarter. Spire Wealth Management now owns 2,075 shares of the software company’s stock worth $543,000 after buying an additional 50 shares during the last quarter. Sowell Financial Services LLC acquired a new stake in shares of Autodesk during the 1st quarter worth approximately $324,000. Finally, GK Wealth Management LLC acquired a new stake in shares of Autodesk during the 2nd quarter worth approximately $348,000. 90.24% of the stock is owned by hedge funds and other institutional investors.

About Autodesk

Autodesk, Inc provides 3D design, engineering, and entertainment technology solutions worldwide. The company offers AutoCAD Civil 3D, a surveying, design, analysis, and documentation solution for civil engineering, including land development, transportation, and environmental projects; BuildingConnected, a SaaS preconstruction solution; AutoCAD, a software for professional design, drafting, detailing, and visualization; AutoCAD LT, a drafting and detailing software; computer-aided manufacturing (CAM) software for computer numeric control machining, inspection, and modelling for manufacturing; Fusion 360, a 3D CAD, CAM, and computer-aided engineering tool; and Industry Collections tools for professionals in architecture, engineering and construction, product design and manufacturing, and media and entertainment collection industries.