Wells Fargo & Company Has Lowered Expectations for Autodesk (NASDAQ:ADSK) Stock Price

Autodesk (NASDAQ:ADSK) had its price objective reduced by Wells Fargo & Company from $365.00 to $350.00 in a research report issued on Friday,MarketScreener reports. The brokerage presently has an “overweight” rating on the software company’s stock. Wells Fargo & Company‘s price target would indicate a potential upside of 49.93% from the company’s current price.

Several other research firms have also recently weighed in on ADSK. The Goldman Sachs Group raised their price objective on shares of Autodesk from $320.00 to $330.00 and gave the company a “neutral” rating in a research report on Wednesday, November 26th. Barclays decreased their target price on shares of Autodesk from $390.00 to $300.00 and set an “overweight” rating for the company in a research note on Friday, February 20th. Rosenblatt Securities dropped their target price on shares of Autodesk from $375.00 to $330.00 and set a “buy” rating for the company in a research report on Tuesday. BMO Capital Markets raised their price objective on Autodesk from $333.00 to $343.00 and gave the company a “market perform” rating in a report on Wednesday, November 26th. Finally, UBS Group reduced their target price on Autodesk from $400.00 to $290.00 and set a “buy” rating for the company in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $344.39.

Autodesk Price Performance

Shares of Autodesk stock opened at $233.45 on Friday. The stock has a market capitalization of $49.49 billion, a price-to-earnings ratio of 45.24, a P/E/G ratio of 1.57 and a beta of 1.45. The firm’s 50-day moving average price is $262.12 and its two-hundred day moving average price is $290.14. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.86. Autodesk has a 1-year low of $215.01 and a 1-year high of $329.09.

Autodesk (NASDAQ:ADSK) last released its quarterly earnings results on Thursday, February 26th. The software company reported $2.85 earnings per share for the quarter, beating analysts’ consensus estimates of $2.64 by $0.21. The firm had revenue of $1.96 billion during the quarter, compared to analysts’ expectations of $1.91 billion. Autodesk had a return on equity of 52.06% and a net margin of 16.09%.The business’s revenue was up 19.4% on a year-over-year basis. During the same period last year, the firm posted $2.29 EPS. Autodesk has set its FY 2027 guidance at 12.290-12.560 EPS and its Q1 2027 guidance at 2.820-2.860 EPS. On average, equities analysts predict that Autodesk will post 5.76 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ADSK. Norges Bank purchased a new position in Autodesk during the 4th quarter valued at $867,480,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Autodesk by 44,345.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,280,515 shares of the software company’s stock worth $675,055,000 after purchasing an additional 2,275,384 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in Autodesk by 46.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,989,372 shares of the software company’s stock worth $884,884,000 after purchasing an additional 952,343 shares during the period. Wellington Management Group LLP lifted its stake in shares of Autodesk by 103.5% in the 4th quarter. Wellington Management Group LLP now owns 1,868,159 shares of the software company’s stock worth $552,994,000 after purchasing an additional 950,149 shares during the period. Finally, Rakuten Investment Management Inc. bought a new stake in Autodesk during the third quarter valued at about $268,649,000. 90.24% of the stock is currently owned by hedge funds and other institutional investors.

Autodesk News Summary

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Q4 beat and strong guidance — Autodesk reported EPS of $2.85 and revenue of $1.96B (up ~19% YoY), topping estimates; management set FY2027 EPS guidance of $12.29–$12.56 and Q1 EPS of $2.82–$2.86, both well above Street expectations. This combination of beats plus strong forward guidance is the primary catalyst supporting the stock’s rise. AUTODESK, INC. ANNOUNCES FISCAL 2026 FOURTH QUARTER RESULTS
• Positive Sentiment: AI strategy highlighted on the call — Management and recent transcripts emphasize rollout of AI capabilities (frontier + proprietary models focused on 3D design), which investors see as a durable growth and margin expansion lever. Earnings Call Transcript
• Positive Sentiment: Analyst support persists — William Blair maintained a Buy rating today, citing conservative growth outlook plus strong AI positioning that supports upside. Continued buy ratings add conviction for investors. TipRanks: William Blair Maintains Buy
• Neutral Sentiment: BTIG trims price target but keeps Buy — BTIG cut its target from $365 to $300 (still a material upside vs. current levels) while retaining a Buy rating; this reduces some upside expectations but keeps analyst support intact. Benzinga: BTIG Lowers Price Target
• Neutral Sentiment: Other PT moves — Rosenblatt lowered its price target to $330; continued PT adjustments reflect differing views on valuation but haven’t led to broad downgrades. AmericanBankingNews: Rosenblatt Lowers PT
• Neutral Sentiment: Investor events scheduled — Autodesk will present at investor conferences (Morgan Stanley on March 4); additional investor visibility can help sustain positive momentum if management reinforces guidance and AI road map. PR Newswire: Investor Conferences
• Negative Sentiment: Rising short interest — Short interest increased materially in February (reports show ~6.4M shares short, ~3% of float), which can add downward pressure or create volatility if sentiment shifts. (No link provided)

About Autodesk

Autodesk, Inc (NASDAQ: ADSK) is a software company that develops design and creation tools for the architecture, engineering and construction (AEC), manufacturing, and media and entertainment industries. Headquartered in San Rafael, California, the company was founded in 1982 and is best known for pioneering CAD (computer-aided design) software. Autodesk sells products and services to a global customer base, including architects, engineers, contractors, product designers, and content creators.

The company’s product portfolio includes industry-standard design and modeling applications such as AutoCAD, Revit, Inventor, Fusion 360, Maya and 3ds Max, as well as cloud-based collaboration and project management platforms like BIM 360 and Autodesk Construction Cloud.