Autodesk (NASDAQ:ADSK - Get Free Report) had its price target hoisted by stock analysts at DA Davidson from $275.00 to $285.00 in a note issued to investors on Friday,Benzinga reports. The brokerage currently has a "neutral" rating on the software company's stock. DA Davidson's target price would suggest a potential upside of 2.16% from the company's previous close. DA Davidson also issued estimates for Autodesk's Q1 2026 earnings at $1.50 EPS and FY2026 earnings at $7.03 EPS.
Other research analysts have also recently issued research reports about the stock. UBS Group assumed coverage on shares of Autodesk in a research note on Monday, December 2nd. They issued a "buy" rating and a $350.00 target price for the company. Robert W. Baird reduced their price objective on Autodesk from $345.00 to $336.00 and set an "outperform" rating on the stock in a research note on Friday. HSBC lowered Autodesk from a "buy" rating to a "hold" rating and set a $290.00 target price for the company. in a research note on Friday, November 29th. Barclays increased their price objective on shares of Autodesk from $310.00 to $355.00 and gave the stock an "overweight" rating in a report on Friday, November 15th. Finally, Citigroup dropped their target price on shares of Autodesk from $361.00 to $339.00 and set a "buy" rating for the company in a research note on Thursday. Seven research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $338.43.
Get Our Latest Stock Report on Autodesk
Autodesk Price Performance
Shares of Autodesk stock traded up $4.77 during mid-day trading on Friday, reaching $278.98. 393,329 shares of the stock were exchanged, compared to its average volume of 1,501,249. Autodesk has a fifty-two week low of $195.32 and a fifty-two week high of $326.62. The company has a market cap of $59.98 billion, a price-to-earnings ratio of 55.37, a price-to-earnings-growth ratio of 2.94 and a beta of 1.43. The firm has a 50-day simple moving average of $296.63 and a 200 day simple moving average of $287.42. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.76.
Institutional Investors Weigh In On Autodesk
Several hedge funds have recently bought and sold shares of the company. Massachusetts Financial Services Co. MA raised its stake in Autodesk by 406.8% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 2,875,320 shares of the software company's stock worth $849,858,000 after buying an additional 2,307,960 shares during the period. Norges Bank bought a new stake in shares of Autodesk in the fourth quarter worth about $632,566,000. Starboard Value LP acquired a new stake in shares of Autodesk during the third quarter worth about $510,189,000. Farallon Capital Management LLC bought a new position in shares of Autodesk during the 4th quarter valued at about $544,381,000. Finally, Janus Henderson Group PLC grew its position in shares of Autodesk by 43.7% in the 4th quarter. Janus Henderson Group PLC now owns 2,206,237 shares of the software company's stock valued at $652,127,000 after purchasing an additional 670,699 shares during the period. 90.24% of the stock is currently owned by institutional investors and hedge funds.
About Autodesk
(
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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.
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