Analysts Set Autodesk, Inc. (NASDAQ:ADSK) Target Price at $364.24

Shares of Autodesk, Inc. (NASDAQ:ADSK) have earned a consensus rating of “Moderate Buy” from the twenty-seven ratings firms that are currently covering the company, Marketbeat Ratings reports. Six analysts have rated the stock with a hold rating, twenty have given a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $366.16.

A number of equities analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of Autodesk from a “hold” rating to a “buy” rating and upped their price target for the stock from $345.00 to $375.00 in a research note on Wednesday, November 26th. Wolfe Research upped their target price on shares of Autodesk from $370.00 to $390.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 26th. Barclays raised their price target on shares of Autodesk from $385.00 to $390.00 and gave the company an “overweight” rating in a research report on Wednesday, November 26th. DA Davidson restated a “buy” rating and issued a $375.00 price objective on shares of Autodesk in a report on Friday, August 29th. Finally, Stifel Nicolaus increased their target price on Autodesk from $350.00 to $375.00 and gave the company a “buy” rating in a research note on Friday, August 29th.

Autodesk Stock Performance

Shares of ADSK opened at $305.12 on Thursday. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.91. The stock has a market cap of $64.99 billion, a P/E ratio of 63.17, a P/E/G ratio of 2.63 and a beta of 1.51. The business’s 50 day moving average price is $305.82 and its 200-day moving average price is $303.06. Autodesk has a 52 week low of $232.67 and a 52 week high of $329.09.

Autodesk (NASDAQ:ADSK) last announced its quarterly earnings data 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 return on equity of 51.23% and a net margin of 15.75%.The business 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 earned $2.17 earnings per share. The firm’s quarterly revenue was up 18.0% compared to the same quarter last year. Autodesk has set its FY 2026 guidance at 10.180-10.250 EPS. Q4 2026 guidance at 2.590-2.67 EPS. Equities research analysts anticipate that Autodesk will post 5.76 earnings per share for the current fiscal year.

Insider Activity at Autodesk

In related news, EVP Steven M. Blum sold 22,420 shares of Autodesk stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $323.75, for a total value of $7,258,475.00. Following the completion of the sale, the executive vice president directly owned 13,099 shares in the company, valued at approximately $4,240,801.25. This trade represents a 63.12% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ayanna Howard sold 917 shares of the business’s stock in a transaction dated Monday, September 29th. The stock was sold at an average price of $325.00, for a total value of $298,025.00. Following the completion of the transaction, the director directly owned 3,476 shares of the company’s stock, valued at approximately $1,129,700. This trade represents a 20.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 26,098 shares of company stock valued at $8,426,491 over the last ninety days. Insiders own 0.15% of the company’s stock.

Institutional Investors Weigh In On Autodesk

Several institutional investors and hedge funds have recently added to or reduced their stakes in ADSK. OMNI 360 Wealth Inc. purchased a new position in Autodesk during the second quarter valued at $359,000. E. Ohman J or Asset Management AB increased its position in Autodesk by 1.8% in the second 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 in the last quarter. Nordea Investment Management AB raised its stake in shares of Autodesk by 5.6% in the second quarter. Nordea Investment Management AB now owns 21,254 shares of the software company’s stock worth $6,509,000 after buying an additional 1,124 shares during the period. GK Wealth Management LLC purchased a new position in shares of Autodesk during the 2nd quarter valued at about $348,000. Finally, Welch & Forbes LLC bought a new position in shares of Autodesk during the 2nd quarter valued at approximately $348,000. Hedge funds and other institutional investors own 90.24% of the company’s stock.

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.