Autodesk (NASDAQ:ADSK) Earns “Hold (C+)” Rating from Weiss Ratings

Autodesk (NASDAQ:ADSK)‘s stock had its “hold (c+)” rating reaffirmed by equities researchers at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

Several other equities research analysts also recently weighed in on ADSK. Stifel Nicolaus upped their price objective on shares of Autodesk from $350.00 to $375.00 and gave the stock a “buy” rating in a report on Friday, August 29th. Barclays boosted their price target on shares of Autodesk from $355.00 to $385.00 and gave the stock an “overweight” rating in a research report on Friday, August 29th. Hsbc Global Res upgraded shares of Autodesk from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 1st. Citigroup boosted their price target on shares of Autodesk from $376.00 to $393.00 and gave the stock a “buy” rating in a research report on Tuesday, September 2nd. Finally, UBS Group boosted their price target on shares of Autodesk from $370.00 to $385.00 and gave the stock a “buy” rating in a research report on Friday, August 29th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $359.13.

Autodesk Stock Performance

ADSK stock opened at $310.32 on Wednesday. The company has a market capitalization of $66.10 billion, a P/E ratio of 64.25, a PEG ratio of 2.76 and a beta of 1.49. The company has a 50-day simple moving average of $308.11 and a 200 day simple moving average of $293.98. Autodesk has a fifty-two week low of $232.67 and a fifty-two week high of $329.09. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.91.

Autodesk (NASDAQ:ADSK) last posted its quarterly earnings data on Thursday, August 28th. The software company reported $1.46 earnings per share for the quarter, missing the consensus estimate of $2.45 by ($0.99). The company had revenue of $1.76 billion during the quarter, compared to analyst estimates of $1.72 billion. Autodesk had a return on equity of 51.23% and a net margin of 15.75%.The business’s revenue for the quarter was up 17.1% compared to the same quarter last year. During the same period in the previous year, the company earned $2.15 EPS. Autodesk has set its FY 2026 guidance at 9.800-9.980 EPS. Q3 2026 guidance at 2.480-2.510 EPS. Sell-side analysts predict that Autodesk will post 5.76 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Autodesk news, EVP Rebecca Pearce sold 6,129 shares of the business’s stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $323.06, for a total transaction of $1,980,034.74. Following the sale, the executive vice president owned 13,311 shares in the company, valued at approximately $4,300,251.66. The trade was a 31.53% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Ruth Ann Keene sold 2,761 shares of the business’s stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $315.10, for a total value of $869,991.10. Following the sale, the executive vice president owned 80,255 shares in the company, valued at approximately $25,288,350.50. The trade was a 3.33% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 35,386 shares of company stock worth $11,433,201 in the last quarter. 0.15% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Autodesk

Institutional investors and hedge funds have recently bought and sold shares of the business. Heartwood Wealth Advisors LLC purchased a new position in Autodesk during the 3rd quarter valued at about $28,000. Access Investment Management LLC purchased a new position in Autodesk during the 2nd quarter valued at about $28,000. Cheviot Value Management LLC purchased a new position in Autodesk during the 1st quarter valued at about $27,000. SouthState Corp grew its stake in Autodesk by 500.0% during the 1st quarter. SouthState Corp now owns 96 shares of the software company’s stock valued at $25,000 after acquiring an additional 80 shares in the last quarter. Finally, Livelsberger Financial Advisory purchased a new position in Autodesk during the 2nd quarter valued at about $31,000. Hedge funds and other institutional investors own 90.24% of the company’s stock.

About Autodesk

Autodesk, Inc provides 3D design, engineering, and entertainment technology solutions worldwide. The company offers AutoCAD Civil 3D, a surveying, design, analysis, and documentation solution for civil engineering, including land development, transportation, and environmental projects; BuildingConnected, a SaaS preconstruction solution; AutoCAD, a software for professional design, drafting, detailing, and visualization; AutoCAD LT, a drafting and detailing software; computer-aided manufacturing (CAM) software for computer numeric control machining, inspection, and modelling for manufacturing; Fusion 360, a 3D CAD, CAM, and computer-aided engineering tool; and Industry Collections tools for professionals in architecture, engineering and construction, product design and manufacturing, and media and entertainment collection industries.