Analysts' ratings for Autodesk ADSK over the last quarter vary from bullish to bearish, as provided by 21 analysts.
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 | 6 | 8 | 7 | 0 | 0 |
Last 30D | 1 | 1 | 0 | 0 | 0 |
1M Ago | 0 | 1 | 0 | 0 | 0 |
2M Ago | 0 | 1 | 1 | 0 | 0 |
3M Ago | 5 | 5 | 6 | 0 | 0 |
Analysts have set 12-month price targets for Autodesk, revealing an average target of $304.81, a high estimate of $355.00, and a low estimate of $257.00. Witnessing a positive shift, the current average has risen by 8.72% from the previous average price target of $280.37.
Interpreting Analyst Ratings: A Closer Look
The standing of Autodesk among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Adam Borg | Stifel | Raises | Buy | $340.00 | $320.00 |
Saket Kalia | Barclays | Raises | Overweight | $355.00 | $310.00 |
Michael Turrin | Wells Fargo | Announces | Overweight | $340.00 | - |
Keith Weiss | Morgan Stanley | Maintains | Overweight | $320.00 | $320.00 |
William Jellison | DA Davidson | Announces | Neutral | $260.00 | - |
Tyler Radke | Citigroup | Raises | Buy | $325.00 | $316.00 |
Kash Rangan | Goldman Sachs | Raises | Neutral | $295.00 | $225.00 |
Stephen Bersey | HSBC | Raises | Buy | $299.00 | $242.00 |
Blair Abernethy | Rosenblatt | Raises | Buy | $295.00 | $290.00 |
Michael Funk | B of A Securities | Raises | Neutral | $285.00 | $260.00 |
Nay Soe Naing | Berenberg | Raises | Hold | $299.00 | $286.00 |
Saket Kalia | Barclays | Raises | Overweight | $310.00 | $275.00 |
Matthew Hedberg | RBC Capital | Raises | Outperform | $313.00 | $290.00 |
Daniel Jester | BMO Capital | Raises | Market Perform | $287.00 | $254.00 |
Clarke Jeffries | Piper Sandler | Raises | Neutral | $257.00 | $239.00 |
Adam Borg | Stifel | Raises | Buy | $320.00 | $290.00 |
Ken Wong | Oppenheimer | Raises | Outperform | $300.00 | $275.00 |
Matthew Broome | Mizuho | Raises | Neutral | $260.00 | $230.00 |
Keith Weiss | Morgan Stanley | Raises | Overweight | $320.00 | $305.00 |
Tyler Radke | Citigroup | Raises | Buy | $316.00 | $295.00 |
Jason Celino | Keybanc | Maintains | Overweight | $305.00 | $305.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Autodesk. This insight gives a snapshot of analysts' perspectives on 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 explore the dynamics of price targets, providing estimates for the future value of Autodesk's stock. This examination reveals shifts in analysts' expectations over time.
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.
Discovering Autodesk: A Closer Look
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.
Unraveling the Financial Story of Autodesk
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Growth: Autodesk's remarkable performance in 3 months is evident. As of 31 July, 2024, the company achieved an impressive revenue growth rate of 11.9%. This signifies 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: Autodesk's net margin is impressive, surpassing industry averages. With a net margin of 18.74%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Autodesk's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 12.17%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Autodesk's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 2.85%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Autodesk's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.05, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
What Are Analyst Ratings?
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
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