Autodesk (NASDAQ:ADSK) Stock Price Up 7.5% Following Analyst Upgrade

Autodesk, Inc. (NASDAQ:ADSKGet Free Report) was up 7.5% on Monday after Cantor Fitzgerald upgraded the stock to a hold rating. The stock traded as high as $227.93 and last traded at $228.2970. 975,474 shares traded hands during trading, a decline of 58% from the average daily volume of 2,310,643 shares. The stock had previously closed at $212.40.

ADSK has been the subject of a number of other research reports. Wells Fargo & Company cut their price objective on shares of Autodesk from $350.00 to $330.00 and set an “overweight” rating for the company in a research report on Friday, May 29th. Berenberg Bank set a $333.00 target price on shares of Autodesk in a report on Tuesday, September 1st. The Goldman Sachs Group began coverage on shares of Autodesk in a research note on Tuesday, August 11th. They set a “neutral” rating and a $260.00 price target on the stock. DA Davidson set a $325.00 price target on shares of Autodesk in a report on Friday, August 28th. Finally, Weiss Ratings raised Autodesk from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, August 31st. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $317.88.

View Our Latest Report on ADSK

Insider Buying and Selling at Autodesk

In other news, Director John Cahill acquired 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was purchased at an average cost of $189.20 per share, with a total value of $378,400.00. Following the purchase, the director directly 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 acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. 0.14% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Autodesk

Here are the key news stories impacting Autodesk this week:

  • Positive Sentiment: Autodesk previewed next-generation “agentic AI” capabilities across its Forma, Fusion, and Flow industry clouds. The tools are designed to connect project data, workflows, and applications for customers in architecture, construction, engineering, manufacturing, and media, strengthening Autodesk’s long-term growth narrative. Autodesk Advances Agentic AI in Its Three Industry Clouds
  • Positive Sentiment: The company is also extending Autodesk Assistant as a standalone, cross-workflow product. Broader access to AI-driven project intelligence could improve customer productivity, increase platform engagement, and support future upselling across Autodesk’s cloud products. Autodesk extends reach of AI with standalone Assistant
  • Neutral Sentiment: Cantor Fitzgerald initiated coverage at Neutral and subsequently described the stock as a “Hold.” The firm’s stance reflects near-term concerns around AI, suggesting investors may need to wait for clearer evidence that the new features translate into measurable revenue and earnings growth. Autodesk initiated with Neutral rating due to near-term AI concerns
  • Negative Sentiment: The analyst neutrality introduces a valuation and execution caution after Autodesk’s recent advance. While the AI announcements improve the long-term outlook, the absence of immediate financial targets or detailed commercialization timing—some Assistant rollout details are expected in 2027—could weigh on near-term sentiment.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Ascentis Independent Advisors acquired a new stake in Autodesk in the 1st quarter valued at about $28,000. Johnson Financial Group Inc. acquired a new position in Autodesk during the second quarter worth about $30,000. Avalon Trust Co purchased a new stake in shares of Autodesk in the second quarter valued at about $35,000. Community Financial Services Group LLC purchased a new stake in shares of Autodesk in the second quarter valued at about $37,000. Finally, Clearstead Trust LLC acquired a new stake in shares of Autodesk in the second quarter valued at approximately $39,000. Hedge funds and other institutional investors own 90.24% of the company’s stock.

Autodesk Stock Down 1.1%

The company has a debt-to-equity ratio of 0.59, a current ratio of 0.86 and a quick ratio of 0.86. The firm’s 50-day moving average price is $232.74 and its 200 day moving average price is $232.09. The firm has a market capitalization of $47.34 billion, a price-to-earnings ratio of 29.30, a price-to-earnings-growth ratio of 1.49 and a beta of 1.31.

Autodesk (NASDAQ:ADSKGet Free Report) last issued its quarterly earnings data on Thursday, August 27th. The software company reported $3.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.12 by $0.18. Autodesk had a return on equity of 58.63% and a net margin of 21.08%.The firm had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $2.01 billion. During the same period in the previous year, the firm posted $2.62 EPS. The company’s quarterly revenue was up 16.1% compared to the same quarter last year. Autodesk has set its FY 2027 guidance at 12.520-12.600 EPS and its Q3 2027 guidance at 3.040-3.090 EPS. Sell-side analysts expect that Autodesk, Inc. will post 9.72 EPS for the current year.

Autodesk Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Autodesk Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Autodesk and related companies with MarketBeat.com's FREE daily email newsletter.