BofA Upgrades Autodesk to Buy From Neutral, Price Target is $300
Autodesk (ADSK) has an average rating of buy and mean price target of $329.55, according to analysts polled by FactSet.
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Autodesk (ADSK) has an average rating of buy and mean price target of $329.55, according to analysts polled by FactSet.
Autodesk (ADSK) is poised to benefit from AI-driven tailwinds and deliver durable high-teens to low 20% earnings growth, supported by high-single-digit to low-double-digit revenue growth and consistent mid- to long-term margin expansion, Oppenheimer said Tuesday in a note.While Autodesk is not immune to macro conditions, including the Middle East conflict, where the region accounts for a mid-single-digit percentage of revenue, its diversified geographic and customer base provides resilience.The firm added that if macro risks intensify, it sees potential for management to de-risk the full-year outlook, similar to its 2026 guidance following tariffs. Partner checks indicate no meaningful impact on renewal or sales activity from the conflict.Oppenheimer said Autodesk benefits from proprietary data, end-market context, intellectual property protections, and data permissions, which make its position difficult for AI startups to replicate, while also highlighting AI as a broader tailwind across the AEC technology stack.The firm also pointed to changes in sales incentives and a greater focus on net new business, particularly Construction Cloud, as part of an evolving go-to-market strategy.It further highlighted expansion into operations as a significant long-term opportunity, with a larger addressable market that extends Autodesk's monetization window and could be supported by future acquisitions, according to the note.Oppenheimer has an outperform rating with a $325 price target.Price: $248.28, Change: $+2.97, Percent Change: +1.21%
Autodesk (ADSK) has an average rating of Buy and mean price target of $329.28, according to analysts polled by FactSet.Price: $245.87, Change: $+2.71, Percent Change: +1.11%
Autodesk (ADSK) has an average rating of buy and mean price target of $330.76, according to analysts polled by FactSet.
Globant (GLOB) expanded its 15-year partnership with Autodesk (ADSK) and was named an Autodesk Tandem Digital Twin Solution Provider.The collaboration aims to quicken digital twin implementation across airports, smart buildings, manufacturing facilities and logistics environments worldwide, Globant said Monday in a statement.Globant shares rose 5.8% in Monday trading, and Autodesk gained 3.3%.Price: $45.77, Change: $+2.51, Percent Change: +5.80%
Autodesk (ADSK) shares fell 4.5% in Friday trading after Citigroup downgraded the stock to neutral from buy and adjusted its price target to $246 per share from $331.Trading volume stood at over 1.4 million shares compared with a daily average of nearly 2.3 million.Price: $214.91, Change: $-10.22, Percent Change: -4.54%
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