17 Analysts Have This To Say About Autodesk

Autodesk (NASDAQ:ADSK) underwent analysis by 17 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 5 7 5 0 0
Last 30D 0 1 0 0 0
1M Ago 0 1 1 0 0
2M Ago 0 1 0 0 0
3M Ago 5 4 4 0 0

Insights from analysts' 12-month price targets are revealed, presenting an average target of $343.24, a high estimate of $400.00, and a low estimate of $280.00. Marking an increase of 11.03%, the current average surpasses the previous average price target of $309.14.

Interpreting Analyst Ratings: A Closer Look

The perception of Autodesk by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Joe Vruwink Baird Raises Outperform $345.00 $330.00
Michael Funk B of A Securities Raises Neutral $335.00 $325.00
Siti Panigrahi Mizuho Raises Outperform $400.00 $280.00
Clarke Jeffries Piper Sandler Raises Overweight $357.00 $311.00
Adam Borg Stifel Raises Buy $360.00 $340.00
Steve Koenig Macquarie Announces Outperform $380.00 -
Taylor McGinnis UBS Announces Buy $350.00 -
Tyler Radke Citigroup Raises Buy $361.00 $358.00
Stephen Bersey HSBC Announces Hold $290.00 -
Matthew Broome Mizuho Raises Neutral $280.00 $260.00
Clarke Jeffries Piper Sandler Raises Neutral $311.00 $257.00
Daniel Jester BMO Capital Raises Market Perform $308.00 $287.00
Blair Abernethy Rosenblatt Raises Buy $325.00 $295.00
Tyler Radke Citigroup Raises Buy $358.00 $325.00
Ken Wong Oppenheimer Raises Outperform $350.00 $300.00
Michael Turrin Wells Fargo Raises Overweight $350.00 $340.00
Keith Weiss Morgan Stanley Raises Overweight $375.00 $320.00

Key Insights: Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Autodesk. This information provides a snapshot of how analysts perceive the current state of the company. Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Autodesk compared to the broader market. Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Autodesk's market position. Stay informed and make well-informed decisions with our Ratings Table.

Stay up to date on Autodesk analyst ratings.

Unveiling the Story Behind Autodesk

Founded in 1982, Autodesk is an application software company that serves industries in architecture, engineering, and construction; product design and manufacturing; and media and entertainment. Autodesk software enables design, modeling, and rendering needs of these industries. The company has over 4 million paid subscribers across 180 countries.

Financial Milestones: Autodesk's Journey

Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.

Revenue Growth: Autodesk's revenue growth over a period of 3 months has been noteworthy. As of 31 October, 2024, the company achieved a revenue growth rate of approximately 11.03%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 17.52%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 10.81%, the company showcases effective utilization of equity capital.

Return on Assets (ROA): Autodesk's ROA excels beyond industry benchmarks, reaching 2.74%. This signifies efficient management of assets and strong financial health.

Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 0.99, caution is advised due to increased financial risk.

Understanding the Relevance of Analyst Ratings

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

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Latest Ratings for ADSK

DateFirmActionFromTo
Feb 2022Deutsche BankMaintainsBuy
Feb 2022Morgan StanleyMaintainsEqual-Weight
Feb 2022RosenblattMaintainsBuy

View More Analyst Ratings for ADSK

View the Latest Analyst Ratings

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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