Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Autodesk Inc Market Cap
From what 23 stock analysts predict, the share price for Autodesk Inc (ADSK) might increase by 8.92% in the next year. This is based on a 12-month average estimation for ADSK. Price targets go from $257 to $325. The majority of stock analysts believe ADSK is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 23 Wall Street analysts have assigned ADSK 19 buy ratings, 3 hold ratings, and 1 sell ratings. This means that analysts expect Autodesk Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on ADSK. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of ADSK.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Keith Weiss Morgan Stanley | Overweight | $320 | Reiterates | Sep 30, 2024 |
| William Jellison DA Davidson | Neutral | $260 | Initiates | Sep 27, 2024 |
| Stephen Bersey HSBC | Buy | $299 | Upgrade | Sep 3, 2024 |
| Tyler Radke Citigroup | Buy | $325 | Maintains | Sep 3, 2024 |
| Kash Rangan Goldman Sachs | Neutral | $295 | Upgrade | Sep 3, 2024 |
| Michael Funk B of A Securities | Neutral | $285 | Maintains | Aug 30, 2024 |
| Clarke Jeffries Piper Sandler | Neutral | $257 | Maintains | Aug 30, 2024 |
| Nay Soe Naing Berenberg | Hold | $299 | Maintains | Aug 30, 2024 |
| Adam Borg Stifel | Buy | $320 | Maintains | Aug 30, 2024 |
| Saket Kalia Barclays | Overweight | $310 | Maintains | Aug 30, 2024 |
| Ken Wong Oppenheimer | Outperform | $300 | Maintains | Aug 30, 2024 |
| Daniel Jester BMO Capital | Market Perform | $287 | Maintains | Aug 30, 2024 |
| Matthew Hedberg RBC Capital | Outperform | $313 | Maintains | Aug 30, 2024 |
| Matthew Broome Mizuho | Neutral | $260 | Maintains | Aug 30, 2024 |
| Blair Abernethy Rosenblatt | Buy | $295 | Maintains | Aug 30, 2024 |
| Keith Weiss Morgan Stanley | Overweight | $320 | Maintains | Aug 30, 2024 |
| Tyler Radke Citigroup | Buy | $316 | Maintains | Aug 26, 2024 |
| Jason Celino Keybanc | Overweight | $305 | Reiterates | Aug 26, 2024 |
| Matthew Hedberg RBC Capital | Outperform | $260 | Reiterates | Jun 18, 2024 |
| Ken Wong Oppenheimer | Outperform | $275 | Maintains | Jun 18, 2024 |
When did it IPO
1985
Staff Count
14,100
Country
United States
Sector/Industry
Technology/Software—Application
CEO
Dr. Andrew Anagnost
Market Cap
$58.44B
In 2023, ADSK generated $5.01B in revenue, which was a increase of 14.11% from the previous year. This can be seen as a signal that ADSK's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Fri, 04 Oct 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Autodesk (ADSK) closed at $271.16, up 0.96% from the previous trading day.
Why It Matters - The increase in Autodesk's stock price indicates positive market sentiment, potentially signaling strong performance or investor confidence, which could influence future trading decisions.
Mon, 30 Sep 2024
Sentiment - NEUTRAL
Source - CNBC Television
Summary - The Investment Committee reviewed and discussed the latest Calls of the Day, indicating current investment strategies and recommendations.
Why It Matters - The Investment Committee's discussions on Calls Of The Day can signal potential stock picks or market trends, influencing investment strategies and market movements.
Fri, 27 Sep 2024
Sentiment - NEUTRAL
Source - Zacks Investment Research
Summary - Autodesk (ADSK) closed at $271.90, down 0.53% from the previous trading day.
Why It Matters - A decline in Autodesk's stock price may signal weakening investor sentiment or market concerns, potentially influencing investment decisions and market trends.
Thu, 26 Sep 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Autodesk faces short-term cash flow challenges due to its subscription model changes. Activist investor Starboard Value urges operational improvements, amid potential for long-term growth in generative AI.
Why It Matters - Autodesk's shift to a subscription model may disrupt short-term cash flow, but enhances long-term growth. Activist pressure could drive operational improvements, boosting shareholder value.
Wed, 11 Sep 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Autodesk, Inc. (NASDAQ:ADSK) will present at the Goldman Sachs Communacopia + Technology Conference on September 11, 2024, featuring VP Simon Mays-Smith and CTO Raji Arasu.
Why It Matters - Autodesk's participation in a major conference suggests potential announcements that could impact stock performance and investor sentiment, influencing buying or selling decisions.
Tue, 10 Sep 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - AI is now crucial in tech investing. The Rule of 40 is a key metric to assess AI companies, which fall into four categories. Few companies are effectively monetizing AI based on this metric.
Why It Matters - The distinction between genuine AI advancements and superficial claims impacts investment decisions. The Rule of 40 metric helps identify companies effectively monetizing AI, guiding strategic investments.
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