Dernières nouvelles pour Autodesk (NASDAQ:ADSK) Stock

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.

Autodesk Inc

Each week,&nbsp;Benzinga&#8217;s Stock Whisper Index&nbsp;uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the&nbsp;<a href="https://www.benzinga.com/topic/stock-whisper-index" target="_blank" rel="noreferrer noopener">surface and deserve attention</a>.
Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance of information to uncover new opportunities and understand why certain stocks should be of interest.
Read Also:&nbsp;<a href="https://www.benzinga.com/top-stories/24/11/41718416/exclusive-top-20-most-searched-tickers-on-benzinga-pro-in-october-2024-where-do-tesla-nvidia-apple-d" target="_blank" rel="noreferrer noopener">EXCLUSIVE: Top 20 Most-Searched Tickers On Benzinga Pro In October 2024 — Where Do Tesla, Nvidia, Apple, DJT Stock Rank?</a>
Here's a look at the Benzinga Stock Whisper Index for the week ending Nov. 22:
Delta Air Lines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>): Reader interest in Delta comes after the company <a href="https://www.benzinga.com/24/11/42087211/delta-charts-its-path-to-high-margins-and-shareholder-gains-at-2024-investor-day">hosted an investor day</a> in New York. Among the items shared at the investor day were goals of mid-teen operating margins, 10% average annual EPS growth and $3 billion to $5 billion in annual free cash flow over the next three to five years. 
Delta could also be seeing interest with the new White House administration being ushered in. Delta CEO Ed Bastian <a href="https://www.benzinga.com/news/global/24/11/42106369/delta-chief-says-trump-could-be-a-breath-of-fresh-air-for-aviation-industry">recently said</a> President-elect Donald Trump could provide a "breath of fresh air" for the airline sector after years of "overreach." The Biden administration passed various regulations that protected airline consumers, including automatic refunds after canceled flights and a requirement for airlines to disclose all additional fees and taxes upfront.
Delta also announced it <a href="https://www.benzinga.com/24/11/42095549/delta-will-serve-shake-shack-burgers-as-airline-continues-catering-to-first-class">will start serving</a> Shake Shack burgers to first-class passengers on some flights.
The carrier&#8217;s shares were down over the past week, but remain up over 50% year-to-date. The <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112224&amp;t=be2bearmibe3na1">Benzinga Pro chart</a> below shows the five-day performance.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="995" height="507" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120812/Screenshot-246.png" alt="" class="wp-image-661374" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120812/Screenshot-246.png 995w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120812/Screenshot-246-300x153.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120812/Screenshot-246-768x391.png 768w" sizes="(max-width: 995px) 100vw, 995px" /></a></figure>
Nike Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>): Bill Ackman's Pershing Square has increased its bet on the apparel company. After <a href="https://www.benzinga.com/news/24/08/40381979/nike-stock-sprints-higher-after-the-bell-as-bill-ackmans-pershing-square-reveals-new-stake">taking a 3 million</a> share stake in the second quarter, a new filing revealed that Ackman added 13 million shares in the third quarter. His firm now owns <a href="https://www.bizjournals.com/portland/news/2024/11/19/nike-bill-ackman-investor-shares-purchased.html">around </a>1.3% of the company. Nike shares trade near 52-week lows after <a href="https://www.benzinga.com/news/earnings/24/10/41129610/nike-q1-earnings-revenue-miss-eps-beat-teams-energized-amid-ceo-transition-a-comeback-at-this-scale">first-quarter financial results</a> saw revenue miss analyst estimates and analysts weigh how quickly a new CEO can help turnaround the company.
"A comeback at this scale takes time, but we see early wins – from momentum in key sports to accelerating our pace of newness and innovation," Nike CFO Matthew Friend said after the Q1 results. "Our teams are energized as Elliott Hill returns to lead Nike's next stage of growth."
Investors could also be closely watching Nike stock to see how <a href="https://www.benzinga.com/markets/asia/24/11/41796941/trump-2-0-a-sneaker-heads-nightmare-your-next-pair-of-nikes-or-vans-could-cost-a-pretty-penny-heres">big of an impact </a>Trump's promise to increase tariffs on other countries could hurt the company.
Nike shares were up slightly on the week and remain down over 27% year-to-date in 2024.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="993" height="502" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120829/Screenshot-247.png" alt="" class="wp-image-661378" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120829/Screenshot-247.png 993w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120829/Screenshot-247-300x152.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120829/Screenshot-247-768x388.png 768w" sizes="(max-width: 993px) 100vw, 993px" /></a></figure>
Autodesk Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>): The software company is seeing strong interest from Benzinga readers ahead of third-quarter financial results scheduled for Tuesday, Nov. 26. Analysts expect the company to report quarterly revenue of $1.56 billion, up from $1.41 billion in last year's third quarter. Analysts also expect quarterly earnings per share of $2.12, up from $2.07 in last year's third quarter. 
Autodesk has beaten analyst estimates for revenue and earnings per share both in five straight quarters. Over the last 10 quarters, Autodesk has beaten analyst estimates for revenue eight times and earnings per share eight times. The company said that it <a href="https://www.benzinga.com/news/earnings/24/08/40639874/autodesk-stock-jumps-5-on-q2-earnings-the-details">was focusing on </a>disciplined execution and seeing GAAP margins among the best in the sector.
Autodesk CEO Andrew Anagnost said these factors &#8220;will deliver sustainable shareholder value over many years.&#8221;
Some <a href="https://www.benzinga.com/quote/ADSK/analyst-ratings">recent analyst ratings </a>and price targets are listed below:
<ul>
<li>Wells Fargo: Maintained Overweight rating, raised price target from $340 to $350</li>
<li>Morgan Stanley: Maintained Overweight rating, raised price target from $320 to $375</li>
<li>KeyBanc: Maintained Overweight rating, raised price target from $325 to $330</li>
<li>Scotiabank: Initiated with Sector Outperform rating, $360 price target</li>
<li>Baird: Maintained Outperform rating, raised price target from $305 to $330</li>
<li>Stifel: Maintained Buy rating, raised price target from $320 to $340</li>
<li>Barclays: Maintained Overweight rating, raised price target from $310 to $355</li>
</ul>
Autodesk shares were up 6% over the last five days and are up around 35% year-to-date in 2024.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="995" height="504" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120851/Screenshot-251.png" alt="" class="wp-image-661379" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120851/Screenshot-251.png 995w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120851/Screenshot-251-300x152.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120851/Screenshot-251-768x389.png 768w" sizes="(max-width: 995px) 100vw, 995px" /></a></figure>
Coinbase Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>): The cryptocurrency company is seeing strong interest as Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) continues to smash through new all-time highs and near the $100,000 level. 
The rising valuation of other cryptocurrencies could also help offset concerns from Coinbase's recently reported third quarter, which saw revenue and earnings per share miss Street estimates. Trading volume and transaction revenue were down 18% and 27% quarter-over-quarter respectively in <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41637702/coinbase-q3-earnings-highlights-revenue-miss-eps-miss-transaction-revenue-falls-from-q2">the third quarter</a>. 
The <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42131449/with-gary-gensler-preparing-to-quit-in-2025-secs-crypto-cases-likely-to-quietly-go-away-amid-trumps-pro-bitcoin-stance-says-pantera-capitals-katrina-paglia">pro-crypto</a> stance of the incoming Trump administration also boosted interest in cryptocurrency-related companies like Coinbase.
Coinbase stock was up on the week, but trailed the 9.5% gains of Bitcoin. Coinbase stock is up 93.5% year-to-date in 2024, also trailing the year-to-date 122.5% gains for Bitcoin.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="999" height="503" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120907/Screenshot-252.png" alt="" class="wp-image-661380" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120907/Screenshot-252.png 999w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120907/Screenshot-252-300x151.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120907/Screenshot-252-768x387.png 768w" sizes="(max-width: 999px) 100vw, 999px" /></a></figure>
Blackstone Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>): The world's largest alternative asset manager <a href="https://www.blackstone.com/news/press/jersey-mikes-to-partner-with-blackstone-to-accelerate-leading-franchisors-continued-growth/">announced </a>plans to acquire a majority stake in Jersey Mike's, a fast-casual restaurant brand. 
While Blackstone won't IPO Jersey Mike's anytime soon. Still, it could benefit from the likelihood that more big IPOs are expected in 2025. 
Reuters reports that medical supply firm Medline, which is partially owned by Blackstone, seeks a $5-billion IPO.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="997" height="502" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120922/Screenshot-253.png" alt="" class="wp-image-661381" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120922/Screenshot-253.png 997w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120922/Screenshot-253-300x151.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120922/Screenshot-253-768x387.png 768w" sizes="(max-width: 997px) 100vw, 997px" /></a></figure>
Stay tuned for next week&#8217;s report, and follow Benzinga Pro for all the latest headlines and&nbsp;<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112224&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">top market-moving stories here.</a>
Read the latest Stock Whisper Index reports here:
<ul>
<li><a href="https://www.benzinga.com/exclusives/24/11/41693907/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet" target="_blank" rel="noreferrer noopener">November 1</a></li>
<li><a href="https://www.benzinga.com/trading-ideas/24/11/41856335/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-42" target="_blank" rel="noreferrer noopener">November 8</a></li>
<li><a href="https://www.benzinga.com/general/space/24/11/42013739/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-43">November 15</a></li>
</ul>
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Exclusives

Trading Ideas

$BTC

ADSK

COIN

Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet

Citigroup analyst Tyler Radke maintains Autodesk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>) with a Buy and raises the price target from $325 to $358.

News

Price Target

Analyst Ratings

Citigroup Maintains Buy on Autodesk, Raises Price Target to $358

Oppenheimer analyst Ken Wong maintains Autodesk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>) with a Outperform and raises the price target from $300 to $350.

Oppenheimer Maintains Outperform on Autodesk, Raises Price Target to $350

Wells Fargo analyst Michael Turrin maintains Autodesk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>) with a Overweight and raises the price target from $340 to $350.

Wells Fargo Maintains Overweight on Autodesk, Raises Price Target to $350

Morgan Stanley analyst Keith Weiss maintains Autodesk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>) with a Overweight and raises the price target from $320 to $375.

Morgan Stanley Maintains Overweight on Autodesk, Raises Price Target to $375

Keybanc analyst Jason Celino maintains Autodesk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>) with a Overweight and raises the price target from $325 to $330.

Keybanc Maintains Overweight on Autodesk, Raises Price Target to $330

Scotiabank analyst Allan Verkhovski initiates coverage on Autodesk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>) with a Sector Outperform rating and announces Price Target of $360.

Initiation

Scotiabank Initiates Coverage On Autodesk with Sector Outperform Rating, Announces Price Target of $360

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Needham boosted the price target for Coinbase Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) from $290 to $375. Needham analyst John Todaro maintained a Buy rating. Coinbase shares closed at $305.85 on Friday. <a href="https://www.benzinga.com/quote/COIN/analyst-ratings">See how other analysts view this stock.</a></li>
<li>HC Wainwright &amp; Co. boosted the price target for Syndax Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNDX#NASDAQ">SNDX</a>) from $49 to $51. HC Wainwright &amp; Co. analyst Edward White maintained a Buy rating. Syndax Pharmaceuticals shares closed at $15.83 on Friday. <a href="https://www.benzinga.com/quote/SNDX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Morgan Stanley cut Hyatt Hotels Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/H#NYSE">H</a>) price target from $160 to $153. Morgan Stanley analyst Stephen Grambling maintained an Equal-Weight rating. Hyatt shares settled at $152.94 on Friday. <a href="https://www.benzinga.com/quote/H/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>HC Wainwright &amp; Co. cut Plug Power Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUG#NASDAQ">PLUG</a>) price target from $18 to $5. HC Wainwright &amp; Co. analyst Amit Dayal maintained a Buy rating. Plug Power shares closed at $1.87 on Friday. <a href="https://www.benzinga.com/quote/PLUG/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Needham boosted Bel Fuse Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFB#NASDAQ">BELFB</a>) price target from $79 to $95. Needham analyst James Ricchiuti maintained a Buy rating. Bel Fuse shares closed at $74.56 on Friday.  <a href="https://www.benzinga.com/quote/BELFB/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Baird boosted Roku, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>) price target from $70 to $90. Baird analyst Vikram Kesavabhotla upgraded the stock from Neutral to Outperform. Roku shares closed at $68.87 on Friday. <a href="https://www.benzinga.com/quote/ROKU/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Baird boosted the price target for Autodesk, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>) from $305 to $330. Baird analyst Joe Vruwink maintained an Outperform rating. Autodesk shares settled at $299.15 on Friday. <a href="https://www.benzinga.com/quote/ADSK/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Keefe, Bruyette &amp; Woods boosted MBIA Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MBI#NYSE">MBI</a>) price target from $6.5 to $9. Keefe, Bruyette &amp; Woods analyst Thomas McJoynt-Griffith upgraded the stock from Market Perform to Outperform. MBIA shares closed at $6.03 on Friday. <a href="https://www.benzinga.com/quote/MBI/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>B of A Securities cut the price target for PepGen Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEPG#NASDAQ">PEPG</a>) from $10 to $6. B of A Securities analyst Tazeen Ahmad maintained a Neutral rating. PepGen shares closed at $4.12 on Friday. <a href="https://www.benzinga.com/quote/PEPG/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Keefe, Bruyette &amp; Woods boosted Assured Guaranty Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGO#NYSE">AGO</a>) price target from $92 to $105. Keefe, Bruyette &amp; Woods analyst Thomas McJoynt-Griffith maintained an Outperform rating. Assured Guaranty shares closed at $91.02 on Friday. <a href="https://www.benzinga.com/quote/AGO/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying ROKU stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="561" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/18082358/image-184-1024x561.png" alt="" class="wp-image-652910" style="width:601px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/18082358/image-184-1024x561.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/18082358/image-184-300x164.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/18082358/image-184-768x421.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/18082358/image-184.png 1206w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Pre-Market Outlook

Markets

BELFB

PEPG

PLUG

ROKU

SNDX

Roku To Rally Around 31%? Here Are 10 Top Analyst Forecasts For Monday

Baird analyst Joe Vruwink maintains Autodesk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>) with a Outperform and raises the price target from $305 to $330.

Baird Maintains Outperform on Autodesk, Raises Price Target to $330

Analysts' ratings for Autodesk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>) 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.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">6</td>
<td align="right">8</td>
<td align="right">7</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">5</td>
<td align="right">5</td>
<td align="right">6</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
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.
<img src="https://www.benzinga.com/files/images/story/2024/1731686419_0_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
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.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Adam Borg</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$340.00</td>
<td>$320.00</td>
</tr>
<tr>
<td>Saket Kalia</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$355.00</td>
<td>$310.00</td>
</tr>
<tr>
<td>Michael Turrin</td>
<td>Wells Fargo</td>
<td>Announces</td>
<td>Overweight</td>
<td>$340.00</td>
<td>-</td>
</tr>
<tr>
<td>Keith Weiss</td>
<td>Morgan Stanley</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$320.00</td>
<td>$320.00</td>
</tr>
<tr>
<td>William Jellison</td>
<td>DA Davidson</td>
<td>Announces</td>
<td>Neutral</td>
<td>$260.00</td>
<td>-</td>
</tr>
<tr>
<td>Tyler Radke</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$325.00</td>
<td>$316.00</td>
</tr>
<tr>
<td>Kash Rangan</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Neutral</td>
<td>$295.00</td>
<td>$225.00</td>
</tr>
<tr>
<td>Stephen Bersey</td>
<td>HSBC</td>
<td>Raises</td>
<td>Buy</td>
<td>$299.00</td>
<td>$242.00</td>
</tr>
<tr>
<td>Blair Abernethy</td>
<td>Rosenblatt</td>
<td>Raises</td>
<td>Buy</td>
<td>$295.00</td>
<td>$290.00</td>
</tr>
<tr>
<td>Michael Funk</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Neutral</td>
<td>$285.00</td>
<td>$260.00</td>
</tr>
<tr>
<td>Nay Soe Naing</td>
<td>Berenberg</td>
<td>Raises</td>
<td>Hold</td>
<td>$299.00</td>
<td>$286.00</td>
</tr>
<tr>
<td>Saket Kalia</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$310.00</td>
<td>$275.00</td>
</tr>
<tr>
<td>Matthew Hedberg</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$313.00</td>
<td>$290.00</td>
</tr>
<tr>
<td>Daniel Jester</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$287.00</td>
<td>$254.00</td>
</tr>
<tr>
<td>Clarke Jeffries</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$257.00</td>
<td>$239.00</td>
</tr>
<tr>
<td>Adam Borg</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$320.00</td>
<td>$290.00</td>
</tr>
<tr>
<td>Ken Wong</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$300.00</td>
<td>$275.00</td>
</tr>
<tr>
<td>Matthew Broome</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Neutral</td>
<td>$260.00</td>
<td>$230.00</td>
</tr>
<tr>
<td>Keith Weiss</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$320.00</td>
<td>$305.00</td>
</tr>
<tr>
<td>Tyler Radke</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$316.00</td>
<td>$295.00</td>
</tr>
<tr>
<td>Jason Celino</td>
<td>Keybanc</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$305.00</td>
<td>$305.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>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.</li>
<li>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.</li>
<li>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.</li>
</ul>
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.
<a href="https://www.benzinga.com/quote/ADSK/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Autodesk analyst ratings.</a>
<h2>Discovering Autodesk: A Closer Look</h2>
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.
<h3>Unraveling the Financial Story of Autodesk</h3>
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.
<h2>What Are Analyst Ratings?</h2>
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.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Scoreboard: 21 Ratings For Autodesk

Stifel analyst Adam Borg maintains Autodesk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>) with a Buy and raises the price target from $320 to $340.

Stifel Maintains Buy on Autodesk, Raises Price Target to $340

Barclays analyst Saket Kalia maintains Autodesk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>) with a Overweight and raises the price target from $310 to $355.

Barclays Maintains Overweight on Autodesk, Raises Price Target to $355

Hedge Funds

General

MTCH

Starboard Value's Q3 2024 13F Filing Reveals New Stakes In Autodesk With 1.85M Shares, Match Group With 9.56M Shares

Trane Technologies, Autodesk Enter Strategic Collaboration Aimed At Optimizing Commercial Building Design For Sustainability

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Shares of software companies are trading higher in sympathy with overall market strength after Donald Trump was elected president of the United States.

Deep-pocketed investors have adopted a bullish approach towards Autodesk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ADSK usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 9 extraordinary options activities for Autodesk. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 66% leaning bullish and 11% bearish. Among these notable options, 4 are puts, totaling $134,100, and 5 are calls, amounting to $256,655.
<h3>Predicted Price Range</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $220.0 to $300.0 for Autodesk over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Autodesk's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Autodesk's whale trades within a strike price range from $220.0 to $300.0 in the last 30 days. 
<h3>Autodesk Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730918803_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ADSK</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$26.3</td>
<td>$24.3</td>
<td>$25.6</td>
<td>$290.00</td>
<td>$64.0K</td>
<td>556</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>ADSK</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$28.0</td>
<td>$27.4</td>
<td>$27.95</td>
<td>$280.00</td>
<td>$58.6K</td>
<td>1.8K</td>
<td style="text-align: right;">53</td>
</tr>
<tr>
<td>ADSK</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$28.9</td>
<td>$28.3</td>
<td>$28.6</td>
<td>$280.00</td>
<td>$54.3K</td>
<td>1.8K</td>
<td style="text-align: right;">27</td>
</tr>
<tr>
<td>ADSK</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$1.7</td>
<td>$0.75</td>
<td>$0.9</td>
<td>$220.00</td>
<td>$45.0K</td>
<td>1.2K</td>
<td style="text-align: right;">500</td>
</tr>
<tr>
<td>ADSK</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$89.5</td>
<td>$86.1</td>
<td>$87.0</td>
<td>$220.00</td>
<td>$43.5K</td>
<td>376</td>
<td style="text-align: right;">5</td>
</tr>
</tbody>
</table>

<h3>About Autodesk</h3>
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.
In light of the recent options history for Autodesk, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Where Is Autodesk Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 883,823, with ADSK's price up by 3.26%, positioned at $301.31.</li>
<li>RSI indicators show the stock to be may be overbought.</li>
<li>Earnings announcement expected in 20 days.</li>
</ul>
<h3>Professional Analyst Ratings for Autodesk</h3>
In the last month, 1 experts released ratings on this stock with an average target price of $340.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; In a cautious move, an analyst from Wells Fargo downgraded its rating to Overweight, setting a price target of $340. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Autodesk options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

Check Out What Whales Are Doing With ADSK

Autodesk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>) has outperformed the market over the past 20 years by 3.91% on an annualized basis producing an average annual return of 12.23%. Currently, Autodesk has a market capitalization of $62.24 billion. 
Buying $1000 In ADSK: If an investor had bought $1000 of ADSK stock 20 years ago, it would be worth $10,019.77 today based on a price of $288.82 for ADSK at the time of writing.
<h3>Autodesk's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730322011_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

If You Invested $1000 In This Stock 20 Years Ago, You Would Have $10,000 Today

High-rolling investors have positioned themselves bullish on Autodesk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>), and it's important for retail traders to take note. 
\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in ADSK often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 8 options trades for Autodesk. This is not a typical pattern.
The sentiment among these major traders is split, with 62% bullish and 37% bearish. Among all the options we identified, there was one put, amounting to $120,270, and 7 calls, totaling $1,593,200.
<h3>Predicted Price Range</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $260.0 and $290.0 for Autodesk, spanning the last three months.
<h3>Insights into Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Autodesk's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Autodesk's significant trades, within a strike price range of $260.0 to $290.0, over the past month.
<h3>Autodesk Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729608348_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ADSK</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$22.4</td>
<td>$22.1</td>
<td>$22.2</td>
<td>$280.00</td>
<td>$333.0K</td>
<td>2.4K</td>
<td style="text-align: right;">400</td>
</tr>
<tr>
<td>ADSK</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$22.9</td>
<td>$21.4</td>
<td>$21.6</td>
<td>$280.00</td>
<td>$324.0K</td>
<td>2.4K</td>
<td style="text-align: right;">150</td>
</tr>
<tr>
<td>ADSK</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$20.1</td>
<td>$19.7</td>
<td>$20.0</td>
<td>$280.00</td>
<td>$298.0K</td>
<td>1.7K</td>
<td style="text-align: right;">550</td>
</tr>
<tr>
<td>ADSK</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$22.1</td>
<td>$21.6</td>
<td>$21.9</td>
<td>$280.00</td>
<td>$219.0K</td>
<td>2.4K</td>
<td style="text-align: right;">150</td>
</tr>
<tr>
<td>ADSK</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$19.6</td>
<td>$19.0</td>
<td>$19.4</td>
<td>$280.00</td>
<td>$193.9K</td>
<td>1.7K</td>
<td style="text-align: right;">200</td>
</tr>
</tbody>
</table>

<h3>About Autodesk</h3>
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.
After a thorough review of the options trading surrounding Autodesk, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Current Position of Autodesk</h3>
<ul>
<li>Currently trading with a volume of 124,313, the ADSK's price is down by -0.43%, now at $288.54. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 28 days.</li>
</ul>
<h3>What The Experts Say On Autodesk</h3>
Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $306.6666666666667.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Reflecting concerns, an analyst from Wells Fargo lowers its rating to Overweight with a new price target of $340. 
&#x2A; An analyst from DA Davidson downgraded its action to Neutral with a price target of $260. 
&#x2A; An analyst from Morgan Stanley has revised its rating downward to Overweight, adjusting the price target to $320. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Autodesk options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Spotlight on Autodesk: Analyzing the Surge in Options Activity

Autodesk's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NYSE">ADSK</a>) short percent of float has fallen 26.45% since its last report. The company recently reported that it has 2.46 million shares sold short, which is 1.14% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.84 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Autodesk Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729272613_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Autodesk has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Autodesk's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Autodesk's peer group average for short interest as a percentage of float is 3.28%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

(ADSK) - Analyzing Autodesk's Short Interest

Autodesk (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/adsk#NASDAQ">ADSK</a>) recently announced AI-integrated product developments across segments to enhance performance and efficiency. It aims to simplify complexities related to the manufacturing and designing of products by introducing AI capabilities to Fusion and Alias.
<h2>Autodesk Adds AI-Powered Capabilities to Fusion</h2>
Autodesk Fusion will be integrated with new Autodesk AI-supported automation to enable time-saving. A combination of performance enhancements and the latest granular Manufacturing Dada Model API is expected to make Fusion faster. Integration with tools across the design will also become easier.
MDM API helps authorized third-party apps to feed their data into Fusion models. This helps in integrating Fusion better into existing workflows and connections with cloud and desktop tools like OpenBOM and Cideon become easier.
<div class="chart_embed">
<h3>Autodesk, Inc. Price and Consensus</h3>
<img alt="Autodesk, Inc. Price and Consensus" src="https://staticx-tuner.zacks.com/images/charts/f3/1729166194.png" style="height:265px; width:587px" title="" />
Autodesk, Inc. price-consensus-chart | Autodesk, Inc. Quote
ADSK is introducing AutoConstrain in Fusion Automated Sketching. Autodesk AI will assist in analyzing and detecting intended spatial connections in project data and will provide dimensional constraints to manage design intention throughout the project.
Autodesk AI will allow users to examine 3D models through Drawing Automation and will generate 2D drawings needed to manufacture parts. This will save time.
Autodesk has launched an AI-powered Assistant in Fusion to provide real-time and on-demand expert insights related to ADSK-specific and general industry data.
ADSK is also integrating Paperless Parts and Avnet plugins into Fusion.
</div>
<h2>Alias Gets Form Explorer, ADSK Adds AI to Tools</h2>
Autodesk Alias will be powered by Form Explorer, an automative design generation tool. The enhancements will be easy to integrate across the segments and will aid in designing and manufacturing complex products.
ADSK has acquired NAVASTO, a company focused on the use of AI to accelerate design and engineering. NAVASTO brings wind tunnel simulation into Alias&#39; early creative design process. It enables designers to predict and optimize the drag coefficient over an automotive exterior and its aerodynamics. This reduces the likelihood of redesigns during engineering.
ADSK is integrating AI in creative tools &mdash; Arnold, Flame, Maya, and Wonder Studio &mdash; to fasten creative workflow.
ADSK&#39;s Wonder Studio will be made capable of anticipating character movement in spite of object obstruction and making natural poses with less noise and shaking.
Neutral Motion Control, Autodesk&#39;s latest prototype, will allow animators to direct action using limited keyframes and neural networks.
Autodesk also announced that it will now connect Autodesk Forma with Autodesk Docs to increase collaboration between platforms.
<h2>Autodesk Rides on Strong Portfolio</h2>
Autodesk shares have returned 9.5% in a month, outperforming the broader Zacks Computer and Technology sector&#39;s appreciation of 4.7%.
ADSK has outperformed the Zacks Computer &ndash; Software industry and its peers like Intuit (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/intu#NASDAQ">INTU</a>), ANSYS (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/anss#NASDAQ">ANSS</a>) and Verint Systems (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vrnt#NASDAQ">VRNT</a>).
Over the same time frame, shares of ANSYS have returned 3.3%, while Intuit and Verint have declined 3.7% and 11.6%, respectively. The industry has returned break-even YTD.
Autodesk&#39;s performance is gaining from new business growth, steady subscription renewal rates, and strong competitive performance. Higher demand for its cloud-based products, mobile solutions, and design suites is expected to drive the company&#39;s revenues over the long haul.
The rapid adoption of BIM 360 products and the success of the maintenance of the subscription program bode well for the growth of the company.
<h2>ADSK Guidance Positive</h2>
For fiscal 2025, ADSK expects revenues between $6.08 billion and $6.13 billion. In fiscal 2024, Autodesk generated total revenues of $5.5 billion.
For fiscal 2025, ADSK expects its non-GAAP earnings between $8.18 per share and $8.31 per share.
For the third quarter of fiscal 2025, Autodesk expects revenues between $1.555 billion and $1.57 billion. Non-GAAP earnings are anticipated between $2.08 per share and $2.14 per share.
<h2>Earnings Estimates Are Bright for Autodesk</h2>
The Zacks Consensus Estimate for ADSK&#39;s third-quarter fiscal 2025 earnings is pegged at $2.11 per share, up by a penny over the past 30 days, and indicates 1.93% year-over-year growth.
The consensus mark for fiscal 2025 earnings is pegged at $8.24 per share, unchanged in the past 30 days, and indicates 8.42% year-over-year growth.
Autodesk&#39;s earnings beat the Zacks Consensus Estimate in all the trailing four quarters, the average surprise being 5.94%.
<h2>Autodesk Shares &ndash; Is it the Right Time to Jump in?</h2>
ADSK shares are overvalued, as suggested by a Value Score of D.
In terms of the forward 12-month Price/Earnings (P/E) ratio, ADSK is trading at 45.76X, higher than the Zacks Computer &amp; Technology sector&#39;s 27.09X.
However, ADSK&#39;s growth prospects, driven by product portfolio enhancement capable of capitalizing on the rapid adoption of designing and manufacturing, justifies the premium valuation.
Autodesk currently has a Zacks Rank #2 (Buy), which implies that it is the right time for investors to accumulate ADSK stock.
<a href="https://www.zacks.com/stock/news/2352533/can-adsk-s-ai-powered-product-enhancements-push-the-stock-higher?cid=CS-BENZ-FT-analyst_blog|company_news_tech_sector-2352533">To read this article on Zacks.com click here.</a>

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Can ADSK's AI-Powered Product Enhancements Push the Stock Higher?

The tech market is in demand due to advancements in XR, AI, 5G, blockchain, and more, fueling the Metaverse's growth with immersive technologies and evolving applications. Therefore, investors may want to consider top tech stocks such as NVIDIA (NVDA), Meta Platforms (META), and Autodesk (ADSK), which are driving the Metaverse forward. Read more... Advancements in technologies like extended reality (XR), AI, machine learning, IoT, 5G, edge computing, blockchain, and digital twins are converging to create immersive industrial environments. These innovations are driving the shift from Industry 4.0 to the industrial Metaverse, enabling virtual factories and digitalized manufacturing ecosystems.
Amid this transformation, it could be wise to consider high-demand tech stocks such as NVIDIA Corporation (<a href="https://stocknews.com/stock/NVDA/">NVDA</a>), Meta Platforms, Inc. (<a href="https://stocknews.com/stock/META/">META</a>), and Autodesk, Inc. (<a href="https://stocknews.com/stock/ADSK/">ADSK</a>), which are powering the Metaverse's growth.
The Metaverse and immersive technologies are reshaping tech infrastructure, hardware, software, and services, driving increased global demand for graphics, computing, networking, 3D design, engineering, and technology solutions. This growth is reflected in the Metaverse market, projected to expand at a <a href="https://www.thebusinessresearchcompany.com/report/metaverse-global-market-report">44.3% CAGR</a> to reach $548.18 billion by 2028, underscoring its dynamic presence in the tech industry.
Moreover, the tech sector's future shines bright with the Metaverse driving advancements in virtual events, e-commerce, education, gaming, social media, tourism, NFT marketplaces, and beyond. These transformative applications position the industry as a promising investment opportunity. Considering these conducive trends, let's analyze the fundamental aspects of the three tech picks.
NVIDIA Corporation (<a href="https://stocknews.com/stock/NVDA/">NVDA</a>)
NVDA provides graphics, computing, and networking solutions internationally. It operates in three segments: Graphics, Compute &amp; Networking. The company's products are used in gaming, professional visualization, data center, and automotive markets.
On November 19, 2024, NVDA and Microsoft announced new tools for developing AI-powered Windows apps on RTX AI PCs, enhancing speed and efficiency. They also introduced advanced AI models and optimizers for digital humans and local AI workflows, boosting app performance and accessibility.
On November 18, 2024, NVDA announced the Omniverse Blueprint, enabling real-time physics digital twins for industries like aerospace and automotive, integrating AI and advanced simulation tools. It accelerates workflows, offering up to 1,200x faster simulations and transforming industrial digitalization with leading software partners.
In terms of the trailing-12-month <a href="https://www.investopedia.com/terms/e/ebitda-margin.asp">EBITDA margin</a>, NVDA's 63.53% is 522.8% higher than the 10.20% industry average. Likewise, its 75.98% trailing-12-month gross profit margin is 51.4% higher than the 50.18% industry average. Its 61.87% trailing-12-month EBIT margin is considerably higher than the 5.07% industry average.
NVDA's revenue for the second quarter which ended on July 28, 2024, increased 122.4% year-over-year to $30.04 billion. The company's non-GAAP operating income increased 156.4% year-over-year to $19.94 billion.
In addition, NVDA's non-GAAP net income and non-GAAP net income per share came in at $16.95 billion and $0.68, representing increases of 151.5% and 151.9% from the year-ago values, respectively.
Street expects NVDA's EPS and revenue for the quarter ended October 31, 2024, to increase 85.5% and 82.8% year-over-year to $0.75 and $33.12 billion, respectively. It surpassed the consensus EPS estimates in each of the trailing four quarters. Over the past year, the stock has gained 190% to close the last trading session at $142.96.
NVDA's strong fundamentals are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
It has a B grade for Sentiment and Quality. Within the <a href="https://stocknews.com/category/semiconductor-wireless-chip/">Semiconductor &amp; Wireless Chip</a> industry, it is ranked #41 out of 90 stocks. To access additional grades for NVDA's Growth, Value, Momentum, and Stability ratings, <a href="https://stocknews.com/stock/NVDA/">click here</a>.
Meta Platforms, Inc. (<a href="https://stocknews.com/stock/META/">META</a>)
META engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs.
In terms of the trailing-12-month Return on Common Equity margin, META's 36.13% is 827% higher than the 3.90% industry average. Similarly, its 25.02% trailing-12-month levered FCF margin is 182.4% higher than the 8.86% industry average. Additionally, its 35.55% trailing-12-month net income margin is 955.5% higher than the 3.37% industry average.
META's revenue for the third quarter ended September 30, 2024, increased 18.9% year-over-year to $40.59 billion. Its income from operations grew 26.2% from the previous year's quarter to $17.35 billion. For the same period, the company's net income amounted to $15.69 billion, or $6.03 per share, up 35.4% and 37.4%, respectively, over the prior-year quarter.
Analysts expect META's EPS and revenue for the quarter ending December 31, 2024, to increase 26.2% and 17.1% year-over-year to $6.73 and $46.98 billion, respectively. It surpassed the Street EPS estimates in each of the trailing four quarters. Over the past year, the stock has gained 65.7% to close the last trading session at $554.58.
META's positive outlook is reflected in its POWR Ratings. It has an overall rating of B, equating to a Buy in our proprietary rating system.
It is ranked #15 out of 52 stocks in the B-rated <a href="https://stocknews.com/category/internet/">Internet</a> industry. It has an A grade for Sentiment and Quality. <a href="https://stocknews.com/stock/META/">Click here</a> to see META's Growth, Value, Momentum, and Stability ratings.
Autodesk, Inc. (<a href="https://stocknews.com/stock/ADSK/">ADSK</a>)
ADSK provides 3D design, engineering, and entertainment technology solutions worldwide. The company offers AutoCAD Civil 3D, BuildingConnected, AutoCAD, AutoCAD LT, CAM software, Fusion 360, and Industry Collections for professionals in various industries, including civil engineering, preconstruction, design, manufacturing, and media.
In terms of the trailing-12-month net income margin, ADSK's 18.21% is 429.6% higher than the 3.44% industry average. Its 10.61% trailing-12-month Return on Total Assets is 491.7% higher than the 1.79% industry average. Also, its 23.36% trailing-12-month EBIT margin is 361% higher than the industry average of 5.07%.
During the fiscal second quarter that ended July 31, 2024, ADSK's total net revenue amounted to $1.51 billion, up 11.9% year-over-year. Its non-GAAP income from operations rose 14.5% from the year-ago quarter to $560 million. Furthermore, the company's net income and non-GAAP net income per share stood at $282 million and $2.15, up 27% and 12.6% from the prior-year quarter, respectively.
For the quarter ended October 31, 2024, ADSK's revenue is expected to increase 10.5% year-over-year to $1.56 billion. Its EPS for the same quarter is expected to rise 2% year-over-year to $2.11. It surpassed the EPS estimates in each of the trailing four quarters. Over the past six months, the stock has gained 37.5% to close the last trading session at $304.18.
ADSK's POWR Ratings reflect its solid prospects. It has an overall rating of B, equating to a Buy in our proprietary rating system.
It is ranked #22 out of 128 stocks in the <a href="https://stocknews.com/category/software-application/">Software - Application</a> industry. It has a B grade for Growth, Sentiment, and Quality. To see ADSK's Value, Momentum, and Stability ratings, <a href="https://stocknews.com/stock/NOW/">click here</a>.
What To Do Next?
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<hr />
NVDA shares were trading at $145.52 per share on Tuesday afternoon, up $5.37 (+3.83%). Year-to-date, NVDA has gained 193.92%, versus a 25.39% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Abhishek Bhuyan</h2> <img src='https:/wp-content/uploads/2023/07/ABhuyan.jpg' style="float:left; padding:5px;width:125px;">Abhishek embarked on his professional journey as a financial journalist due to his keen interest in discerning the fundamental factors that influence the future performance of financial instruments.<a href="https://stocknews.com/authors/?author=abhishek-bhuyan">More...</a>The post <a href=https://stocknews.com/news/nvda-meta-adsk-3-high-demand-tech-stocks-fueling-the-metaverse/>3 High-Demand Tech Stocks Fueling the Metaverse</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 High-Demand Tech Stocks Fueling the Metaverse

In a report released on November 17, Matthew Hedberg from RBC Capital maintained a Buy rating on Autodesk (ADSK – Research Report), with a price ta...

Autodesk (ADSK): New Buy Recommendation for This Technology Giant

KeyBanc raised the firm's price target on Autodesk (ADSK) to $330 from $325 and keeps an Overweight rating on the shares. Following the firm's gene...

Autodesk price target raised to $330 from $325 at KeyBanc

Barclays analyst Saket Kalia maintained a Buy rating on Autodesk (ADSK – Research Report) today and set a price target of $355.00. The company's sh...

New Buy Rating for Autodesk (ADSK), the Technology Giant

Tyler Radke, an analyst from Citi, maintained the Buy rating on Autodesk (ADSK – Research Report). The associated price target was raised to $358.0...

Positive Indicators and Optimistic Outlook Propel Tyler Radke's Buy Rating for Autodesk

Citi analyst Tyler Radke raised the firm's price target on Autodesk (ADSK) to $358 from $325 and keeps a Buy rating on the shares. The firm sees a ...

Autodesk price target raised to $358 from $325 at Citi

Analysts have been eager to weigh in on the Technology sector with new ratings on Autodesk (ADSK – Research Report), NetApp (NTAP – Research Report...

Analysts Have Conflicting Sentiments on These Technology Companies: Autodesk (ADSK), NetApp (NTAP) and Alkami Technology (ALKT)

Analysts have been eager to weigh in on the Technology sector with new ratings on NetApp (NTAP – Research Report), Autodesk (ADSK – Research Report...

Analysts Offer Insights on Technology Companies: NetApp (NTAP), Autodesk (ADSK) and Grab (GRAB)

Wells Fargo raised the firm's price target on Autodesk (ADSK) to $350 from $340 and keeps an Overweight rating on the shares. The firm's partner co...

Autodesk price target raised to $350 from $340 at Wells Fargo

Dell, Autodesk, And CrowdStrike Headline Earnings Reports In Holiday-Shortened Week

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Press Releases

Starboard Issues Presentation Highlighting Significant Issues at Autodesk and Opportunities for Meaningful Value Creation

Poulin I Willey I Anastopoulo Announces Investigation Of Autodesk, Inc. (ADSK)

AUTODESK INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Autodesk, Inc. - ADSK

Starboard Reiterates Call for Significant Change at Autodesk Following Reports of Senior Executives Intentionally Misleading Shareholders

AUTODESK, INC. ANNOUNCES FISCAL 2025 SECOND QUARTER RESULTS

AUTODESK INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Autodesk, Inc. - ADSK

Autodesk to present at upcoming investor conferences

Esri and Autodesk Deepen Integration with ArcGIS Data in Autodesk Forma

Autodesk extends invitation to join financial results conference call

Trane Technologies and Autodesk Collaborate to Accelerate and Simplify Sustainable Building Design

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