Autodesk (NASDAQ:ADSK) Hits New 12-Month Low – Time to Sell?

Autodesk, Inc. (NASDAQ:ADSK)’s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as $231.68 and last traded at $231.0350, with a volume of 757229 shares trading hands. The stock had previously closed at $243.58.

Wall Street Analyst Weigh In

A number of analysts have issued reports on ADSK shares. Wells Fargo & Company lifted their price target on Autodesk from $375.00 to $380.00 and gave the stock an “overweight” rating in a report on Wednesday, November 26th. Rosenblatt Securities restated a “buy” rating and set a $355.00 target price on shares of Autodesk in a research note on Monday, November 24th. Arete Research upped their price target on Autodesk from $430.00 to $460.00 and gave the company a “buy” rating in a report on Thursday, December 11th. HSBC cut their price objective on shares of Autodesk from $388.00 to $379.00 and set a “buy” rating on the stock in a report on Friday, November 28th. Finally, Bank of America increased their target price on shares of Autodesk from $360.00 to $365.00 and gave the company a “neutral” rating in a research report on Wednesday, November 26th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Autodesk currently has a consensus rating of “Moderate Buy” and a consensus target price of $367.61.

Autodesk Price Performance

The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.82 and a current ratio of 0.82. The company has a market capitalization of $49.40 billion, a PE ratio of 45.11, a P/E/G ratio of 1.69 and a beta of 1.45. The company’s 50-day simple moving average is $279.59 and its 200-day simple moving average is $296.21.

Autodesk (NASDAQ:ADSK) last announced its earnings results on Tuesday, November 25th. The software company reported $2.67 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 business had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.81 billion. During the same period in the prior year, the company earned $2.17 earnings per share. The business’s 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 and its Q4 2026 guidance at 2.590-2.67 EPS. As a group, sell-side analysts anticipate that Autodesk, Inc. will post 5.76 earnings per share for the current year.

Hedge Funds Weigh In On Autodesk

Several institutional investors have recently bought and sold shares of ADSK. Torren Management LLC acquired a new stake in shares of Autodesk in the 4th quarter worth $25,000. Measured Wealth Private Client Group LLC purchased a new position in Autodesk during the third quarter worth about $25,000. Archer Investment Corp lifted its position in Autodesk by 112.2% in the fourth quarter. Archer Investment Corp now owns 87 shares of the software company’s stock valued at $26,000 after purchasing an additional 46 shares during the period. Proffitt & Goodson Inc. acquired a new stake in Autodesk in the third quarter valued at about $27,000. Finally, Access Investment Management LLC purchased a new stake in Autodesk in the 2nd quarter valued at approximately $28,000. 90.24% of the stock is owned by institutional investors and hedge funds.

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.