Demystifying Autodesk: Insights From 20 Analyst Reviews

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In the preceding three months, 20 analysts have released ratings for Autodesk ADSK, presenting a wide array of perspectives from bullish to bearish.

The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 6 10 4 0 0
Last 30D 0 1 0 0 0
1M Ago 1 1 0 0 0
2M Ago 5 7 4 0 0
3M Ago 0 1 0 0 0

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $340.5, along with a high estimate of $380.00 and a low estimate of $280.00. Surpassing the previous average price target of $310.20, the current average has increased by 9.77%.

price target chart

Interpreting Analyst Ratings: A Closer Look

In examining recent analyst actions, we gain insights into how financial experts perceive Autodesk. The following summary 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
Clarke Jeffries Piper Sandler Raises Overweight $357.00 $311.00
Adam Borg Stifel Raises Buy $360.00 $340.00
Steve Koenig Macquarie Announces Outperform $380.00 -
Taylor McGinnis UBS Announces Buy $350.00 -
Tyler Radke Citigroup Raises Buy $361.00 $358.00
Stephen Bersey HSBC Announces Hold $290.00 -
Matthew Broome Mizuho Raises Neutral $280.00 $260.00
Clarke Jeffries Piper Sandler Raises Neutral $311.00 $257.00
Daniel Jester BMO Capital Raises Market Perform $308.00 $287.00
Blair Abernethy Rosenblatt Raises Buy $325.00 $295.00
Tyler Radke Citigroup Raises Buy $358.00 $325.00
Ken Wong Oppenheimer Raises Outperform $350.00 $300.00
Michael Turrin Wells Fargo Raises Overweight $350.00 $340.00
Keith Weiss Morgan Stanley Raises Overweight $375.00 $320.00
Jason Celino Keybanc Raises Overweight $330.00 $325.00
Allan Verkhovski Scotiabank Announces Sector Outperform $360.00 -
Joe Vruwink Baird Raises Outperform $330.00 $305.00
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 -

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: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Autodesk compared to the broader market.
  • Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Autodesk's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on Autodesk analyst ratings.

Unveiling the Story Behind Autodesk

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.

A Deep Dive into Autodesk's Financials

Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.

Revenue Growth: Autodesk displayed positive results in 3 months. As of 31 October, 2024, the company achieved a solid revenue growth rate of approximately 11.03%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.

Net Margin: Autodesk's net margin excels beyond industry benchmarks, reaching 17.52%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Autodesk's ROE excels beyond industry benchmarks, reaching 10.81%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): Autodesk's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.74% ROA, the company effectively utilizes its assets for optimal returns.

Debt Management: Autodesk's debt-to-equity ratio stands notably higher than the industry average, reaching 0.99. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.

The Significance of Analyst Ratings Explained

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.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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