Autodesk (NASDAQ:ADSK) Stock Price Expected to Rise, DA Davidson Analyst Says

Autodesk (NASDAQ:ADSK) had its price target raised by research analysts at DA Davidson from $275.00 to $285.00 in a research note issued on Friday,Benzinga reports. The firm currently has a “neutral” rating on the software company’s stock. DA Davidson’s target price would indicate a potential upside of 3.93% from the company’s current price. DA Davidson also issued estimates for Autodesk’s Q1 2026 earnings at $1.50 EPS and FY2026 earnings at $7.03 EPS.

A number of other research analysts also recently weighed in on ADSK. UBS Group assumed coverage on Autodesk in a research note on Monday, December 2nd. They issued a “buy” rating and a $350.00 price target for the company. Wells Fargo & Company raised their price target on Autodesk from $340.00 to $350.00 and gave the company an “overweight” rating in a research note on Friday, November 22nd. Rosenblatt Securities restated a “buy” rating and issued a $325.00 price target on shares of Autodesk in a research note on Tuesday, February 25th. HSBC downgraded Autodesk from a “buy” rating to a “hold” rating and set a $290.00 price target for the company. in a research note on Friday, November 29th. Finally, Scotiabank assumed coverage on Autodesk in a research note on Monday, November 18th. They issued a “sector outperform” rating and a $360.00 price target for the company. Seven analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to data from MarketBeat.com, Autodesk currently has a consensus rating of “Moderate Buy” and a consensus target price of $338.43.

Autodesk Stock Down 2.9 %

NASDAQ:ADSK opened at $274.23 on Friday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.65 and a current ratio of 0.65. The company has a market cap of $58.96 billion, a PE ratio of 54.41, a PEG ratio of 2.94 and a beta of 1.43. Autodesk has a 52-week low of $195.32 and a 52-week high of $326.62. The stock has a 50-day simple moving average of $296.63 and a 200 day simple moving average of $287.13.

Institutional Trading of Autodesk

Several hedge funds have recently added to or reduced their stakes in the company. Mount Yale Investment Advisors LLC lifted its holdings in Autodesk by 1.9% during the 4th quarter. Mount Yale Investment Advisors LLC now owns 1,864 shares of the software company’s stock worth $551,000 after purchasing an additional 35 shares during the last quarter. Y.D. More Investments Ltd lifted its holdings in Autodesk by 1.0% during the 4th quarter. Y.D. More Investments Ltd now owns 3,384 shares of the software company’s stock worth $1,000,000 after purchasing an additional 35 shares during the last quarter. Grove Bank & Trust lifted its holdings in Autodesk by 9.2% during the 4th quarter. Grove Bank & Trust now owns 440 shares of the software company’s stock worth $130,000 after purchasing an additional 37 shares during the last quarter. Journey Strategic Wealth LLC raised its holdings in Autodesk by 4.6% in the 4th quarter. Journey Strategic Wealth LLC now owns 835 shares of the software company’s stock valued at $247,000 after acquiring an additional 37 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in Autodesk by 11.9% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 357 shares of the software company’s stock valued at $106,000 after acquiring an additional 38 shares in the last quarter. 90.24% of the stock is owned by institutional investors and hedge funds.

About Autodesk

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.