Autodesk (NASDAQ:ADSK) Trading Up 7.5% on Analyst Upgrade

Autodesk, Inc. (NASDAQ:ADSK)’s stock price shot up 7.5% during trading 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. Approximately 975,474 shares were traded during mid-day trading, a decline of 58% from the average session volume of 2,310,643 shares. The stock had previously closed at $212.40.

Several other equities research analysts also recently weighed in on ADSK. Guggenheim raised their price target on shares of Autodesk from $277.00 to $283.00 and gave the company a “buy” rating in a research report on Friday, August 28th. BMO Capital Markets lifted their target price on shares of Autodesk from $262.00 to $283.00 and gave the stock a “market perform” rating in a research report on Friday, August 28th. Berenberg Bank set a $333.00 price objective on Autodesk in a report on Tuesday, September 1st. Jefferies Financial Group raised Autodesk to a “strong-buy” rating in a report on Tuesday, May 26th. Finally, UBS Group increased their price objective on shares of Autodesk from $290.00 to $325.00 and gave the stock a “buy” rating in a research note on Friday, August 28th. One analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, Autodesk has a consensus rating of “Moderate Buy” and a consensus target price of $317.88.

Insider Activity at Autodesk

In other news, Director John Cahill bought 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was purchased at an average price of $189.20 per share, with a total value of $378,400.00. Following the completion of the acquisition, the director directly owned 4,000 shares of the company’s stock, valued at $756,800. This trade represents a 100.00% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.14% of the stock is currently owned by company insiders.

Key Autodesk News

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 Investors Weigh In On Autodesk

Several hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in shares of Autodesk during the second quarter worth approximately $4,828,855,000. Bank of America Corp DE purchased a new position in Autodesk during the 2nd quarter worth $576,727,000. Norges Bank acquired a new position in Autodesk during the fourth quarter worth $867,480,000. Legal & General Group Plc purchased a new position in Autodesk in the second quarter valued at about $422,928,000. Finally, Deutsche Bank AG acquired a new stake in Autodesk in the 2nd quarter valued at about $322,851,000. 90.24% of the stock is currently owned by institutional investors and hedge funds.

Autodesk Stock Down 1.1%

The firm has a 50-day simple moving average of $232.74 and a two-hundred day simple moving average of $232.09. 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 company has a market cap of $47.34 billion, a PE ratio of 29.30, a P/E/G ratio of 1.49 and a beta of 1.31.

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

About Autodesk

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.