Autodesk (NASDAQ:ADSK – Get Free Report) was upgraded by Cantor Fitzgerald to a “hold” rating in a report issued on Monday, Zacks reports.
Other equities research analysts also recently issued research reports about the stock. Barclays reaffirmed an “overweight” rating on shares of Autodesk in a research note on Wednesday, August 19th. Rothschild & Co Redburn decreased their target price on shares of Autodesk from $375.00 to $360.00 and set a “buy” rating on the stock in a research report on Monday, June 1st. Morgan Stanley dropped their price target on Autodesk from $350.00 to $315.00 and set an “overweight” rating for the company in a research report on Tuesday, May 26th. BTIG Research reissued a “buy” rating and set a $300.00 price objective on shares of Autodesk in a research note on Friday, August 28th. Finally, Wells Fargo & Company decreased their price objective on Autodesk from $350.00 to $330.00 and set an “overweight” rating on the stock in a research 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 given a Hold rating to the stock. Based on data from MarketBeat.com, Autodesk currently has an average rating of “Moderate Buy” and a consensus target price of $317.88.
View Our Latest Stock Report on ADSK
Autodesk Price Performance
Autodesk (NASDAQ:ADSK – Get Free Report) last released its quarterly earnings data on Thursday, August 27th. The software company reported $3.30 earnings per share (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 the consensus estimate of $2.01 billion. Autodesk had a return on equity of 58.63% and a net margin of 21.08%.The company’s revenue was up 16.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $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. On average, research analysts expect that Autodesk will post 9.72 EPS for the current fiscal year.
Insider Activity at Autodesk
In other news, Director John Cahill purchased 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were bought at an average cost of $189.20 per share, for a total transaction of $378,400.00. Following the acquisition, the director owned 4,000 shares of the company’s stock, valued at approximately $756,800. This trade represents a 100.00% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.14% of the company’s stock.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of ADSK. The Manufacturers Life Insurance Company lifted its stake in Autodesk by 116.9% in the second quarter. The Manufacturers Life Insurance Company now owns 444,419 shares of the software company’s stock worth $86,404,000 after acquiring an additional 239,524 shares during the period. National Pension Service boosted its stake in shares of Autodesk by 4.1% during the second quarter. National Pension Service now owns 849,876 shares of the software company’s stock valued at $165,233,000 after purchasing an additional 33,448 shares in the last quarter. WINTON GROUP Ltd increased its holdings in Autodesk by 438.6% during the second quarter. WINTON GROUP Ltd now owns 35,659 shares of the software company’s stock valued at $6,933,000 after buying an additional 29,038 shares during the period. GFG Capital LLC increased its holdings in Autodesk by 12.8% during the second quarter. GFG Capital LLC now owns 10,619 shares of the software company’s stock valued at $2,065,000 after buying an additional 1,204 shares during the period. Finally, IFP Advisors Inc raised its stake in Autodesk by 24.8% in the second quarter. IFP Advisors Inc now owns 2,380 shares of the software company’s stock worth $463,000 after buying an additional 473 shares in the last quarter. Hedge funds and other institutional investors own 90.24% of the company’s stock.
Key Stories Impacting Autodesk
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.
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