Autodesk (NASDAQ:ADSK) Stock Rating Upgraded by Cantor Fitzgerald

Autodesk (NASDAQ:ADSK) was upgraded by analysts at Cantor Fitzgerald to a “hold” rating in a report issued on Monday, Zacks reports.

Other analysts have also issued research reports about the stock. The Goldman Sachs Group began coverage on shares of Autodesk in a research report on Tuesday, August 11th. They set a “neutral” rating and a $260.00 price target on the stock. Robert W. Baird upped their price objective on shares of Autodesk from $312.00 to $325.00 and gave the stock an “outperform” rating in a research report on Friday, August 21st. Wells Fargo & Company lowered their target price on shares of Autodesk from $350.00 to $330.00 and set an “overweight” rating on the stock in a research note on Friday, May 29th. Royal Bank Of Canada dropped their target price on Autodesk from $335.00 to $305.00 and set an “outperform” rating on the stock in a research report on Friday, May 29th. Finally, Loop Capital reduced their price target on Autodesk from $250.00 to $235.00 and set a “hold” rating for the company in a report on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $317.88.

Autodesk Trading Down 1.1%

Shares of NASDAQ:ADSK opened at $226.50 on Monday. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.59. Autodesk has a 12-month low of $185.50 and a 12-month high of $326.71. The business has a 50 day moving average of $232.74 and a two-hundred day moving average of $232.09. The company has a market capitalization of $47.34 billion, a PE ratio of 29.30, a PEG ratio of 1.49 and a beta of 1.31.

Autodesk (NASDAQ:ADSK) last issued its quarterly earnings data on Thursday, August 27th. The software company reported $3.30 EPS for the quarter, topping analysts’ consensus estimates of $3.12 by $0.18. The business had revenue of $2.05 billion for the quarter, compared to analysts’ expectations of $2.01 billion. Autodesk had a net margin of 21.08% and a return on equity of 58.63%. The business’s revenue was up 16.1% on a year-over-year basis. During the same quarter last year, the company earned $2.62 EPS. Autodesk has set its FY 2027 guidance at 12.520-12.600 EPS and its Q3 2027 guidance at 3.040-3.090 EPS. As a group, analysts forecast that Autodesk will post 9.72 EPS for the current year.

Insiders Place Their Bets

In related news, Director John Cahill purchased 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were purchased at an average cost of $189.20 per share, with a total value of $378,400.00. Following the purchase, the director owned 4,000 shares of the company’s stock, valued at $756,800. This represents a 100.00% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.14% of the company’s stock.

Hedge Funds Weigh In On Autodesk

A number of hedge funds have recently made changes to their positions in the company. Smithfield Trust Co lifted its holdings in shares of Autodesk by 5.3% in the 4th quarter. Smithfield Trust Co now owns 893 shares of the software company’s stock worth $266,000 after purchasing an additional 45 shares in the last quarter. First Horizon Corp increased its stake in Autodesk by 11.7% during the 1st quarter. First Horizon Corp now owns 514 shares of the software company’s stock valued at $123,000 after purchasing an additional 54 shares in the last quarter. Gulf International Bank UK Ltd raised its holdings in Autodesk by 0.5% during the fourth quarter. Gulf International Bank UK Ltd now owns 10,837 shares of the software company’s stock worth $3,208,000 after buying an additional 56 shares during the last quarter. Ellevest Inc. raised its holdings in Autodesk by 5.9% during the fourth quarter. Ellevest Inc. now owns 1,001 shares of the software company’s stock worth $296,000 after buying an additional 56 shares during the last quarter. Finally, Sepio Capital LP lifted its stake in shares of Autodesk by 0.5% in the fourth quarter. Sepio Capital LP now owns 12,641 shares of the software company’s stock valued at $3,742,000 after buying an additional 59 shares in the last quarter. Institutional investors and hedge funds own 90.24% of the company’s stock.

Autodesk News Summary

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Autodesk previewed new agentic-AI capabilities across its Forma, Fusion and Flow industry clouds. The tools are designed to connect project data, workflows and context, potentially increasing customer productivity and strengthening Autodesk’s cloud-platform ecosystem. Autodesk Advances Agentic AI in Its Three Industry Clouds
• Positive Sentiment: The company is extending Autodesk Assistant into a standalone experience intended to help customers access project information and complete tasks across design, engineering, construction, manufacturing and media workflows. A broader rollout and regional availability are expected in 2027, offering a potential future monetization opportunity. Autodesk Extends Reach of AI With Standalone Assistant
• Neutral Sentiment: Cantor Fitzgerald initiated coverage with a Neutral rating, citing concerns about Autodesk’s near-term AI outlook. The rating suggests the new products may support long-term growth, but investors may need evidence of adoption, revenue contribution and improved profitability before assigning a higher valuation. Autodesk Initiated With Neutral Rating Due to Near-Term AI Concerns
• Negative Sentiment: Wall Street Zen downgraded Autodesk to Hold, adding to the cautious analyst tone and reinforcing concerns that the stock’s valuation may already reflect optimism surrounding AI and cloud growth. Wall Street Zen Downgrades Autodesk to Hold

Autodesk Company Profile

Autodesk, Inc develops software and cloud-based services for people and organizations that design, make and manage products, buildings, infrastructure and digital media. Its tools are used across architecture, engineering, construction, manufacturing, product design, media and entertainment, and related industries.

The company is best known for AutoCAD, its computer-aided design platform. Its broader portfolio includes Revit for building information modeling, Civil 3D for civil engineering, Inventor and Fusion for product design and manufacturing, Maya and 3ds Max for animation and visual effects, and construction-focused products such as Autodesk Construction Cloud.