Autodesk (NASDAQ:ADSK) Raised to “Hold” at Cantor Fitzgerald

Autodesk (NASDAQ:ADSKGet Free Report) was upgraded by investment analysts at Cantor Fitzgerald to a “hold” rating in a research report issued to clients and investors on Monday, Zacks reports.

ADSK has been the topic of a number of other reports. Weiss Ratings upgraded shares of Autodesk from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, August 31st. UBS Group boosted their price objective on shares of Autodesk from $290.00 to $325.00 and gave the stock a “buy” rating in a research note on Friday, August 28th. New Street Research set a $277.00 target price on Autodesk in a report on Thursday, August 20th. Loop Capital dropped their target price on Autodesk from $250.00 to $235.00 and set a “hold” rating on the stock in a research report on Friday, May 29th. Finally, Wells Fargo & Company cut their price target on Autodesk from $350.00 to $330.00 and set an “overweight” rating on the stock in a report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $317.88.

Get Our Latest Report on ADSK

Autodesk Stock Performance

ADSK stock opened at $226.50 on Monday. Autodesk has a 1-year low of $185.50 and a 1-year high of $326.71. The business has a 50-day moving average price of $232.74 and a 200 day moving average price of $232.09. The company has a market capitalization of $47.34 billion, a P/E ratio of 29.30, a PEG ratio of 1.49 and a beta of 1.31. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.86 and a quick ratio of 0.86.

Autodesk (NASDAQ:ADSKGet Free Report) last issued its earnings results on Thursday, August 27th. The software company reported $3.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.12 by $0.18. The company had revenue of $2.05 billion for the quarter, compared to analysts’ expectations of $2.01 billion. Autodesk had a net margin of 21.08% and a return on equity of 58.63%. The firm’s quarterly revenue was up 16.1% on a year-over-year basis. During the same period in the prior year, the business earned $2.62 EPS. Autodesk has set its FY 2027 guidance at 12.520-12.600 EPS and its Q3 2027 guidance at 3.040-3.090 EPS. As a group, equities research analysts forecast that Autodesk will post 9.72 EPS for the current fiscal year.

Insider Activity at Autodesk

In other news, Director John Cahill acquired 2,000 shares of Autodesk stock in a transaction that occurred on Tuesday, June 23rd. The stock was purchased at an average price of $189.20 per share, for a total transaction of $378,400.00. Following the purchase, the director directly owned 4,000 shares in the company, valued at $756,800. The trade was a 100.00% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. 0.14% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Autodesk

Several institutional investors and hedge funds have recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in Autodesk in the 2nd quarter worth approximately $4,828,855,000. Bank of America Corp DE purchased a new stake in shares of Autodesk in the 2nd quarter valued at $576,727,000. Norges Bank acquired a new stake in shares of Autodesk in the fourth quarter worth $867,480,000. Legal & General Group Plc purchased a new position in shares of Autodesk during the second quarter worth $422,928,000. Finally, Deutsche Bank AG purchased a new position in shares of Autodesk during the second quarter worth $322,851,000. 90.24% of the stock is owned by hedge funds and other institutional investors.

Autodesk News Summary

Here are the key news stories impacting Autodesk this week:

  • Positive Sentiment: Autodesk previewed new agentic-AI capabilities across its Forma, Fusion and Flow industry clouds. The tools are designed to connect project data, workflows and context, potentially increasing customer productivity and strengthening Autodesk’s cloud-platform ecosystem. Autodesk Advances Agentic AI in Its Three Industry Clouds
  • Positive Sentiment: The company is extending Autodesk Assistant into a standalone experience intended to help customers access project information and complete tasks across design, engineering, construction, manufacturing and media workflows. A broader rollout and regional availability are expected in 2027, offering a potential future monetization opportunity. Autodesk Extends Reach of AI With Standalone Assistant
  • Neutral Sentiment: Cantor Fitzgerald initiated coverage with a Neutral rating, citing concerns about Autodesk’s near-term AI outlook. The rating suggests the new products may support long-term growth, but investors may need evidence of adoption, revenue contribution and improved profitability before assigning a higher valuation. Autodesk Initiated With Neutral Rating Due to Near-Term AI Concerns
  • Negative Sentiment: Wall Street Zen downgraded Autodesk to Hold, adding to the cautious analyst tone and reinforcing concerns that the stock’s valuation may already reflect optimism surrounding AI and cloud growth. Wall Street Zen Downgrades Autodesk to Hold

Autodesk Company Profile

(Get Free Report)

Autodesk, Inc develops software and cloud-based services for people and organizations that design, make and manage products, buildings, infrastructure and digital media. Its tools are used across architecture, engineering, construction, manufacturing, product design, media and entertainment, and related industries.

The company is best known for AutoCAD, its computer-aided design platform. Its broader portfolio includes Revit for building information modeling, Civil 3D for civil engineering, Inventor and Fusion for product design and manufacturing, Maya and 3ds Max for animation and visual effects, and construction-focused products such as Autodesk Construction Cloud.

Further Reading

Analyst Recommendations for Autodesk (NASDAQ:ADSK)

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