Autodesk ADSK underwent analysis by 21 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 6 | 9 | 4 | 0 | 2 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 3 | 7 | 3 | 0 | 2 |
| 2M Ago | 1 | 2 | 1 | 0 | 0 |
| 3M Ago | 1 | 0 | 0 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $280.48, a high estimate of $320.00, and a low estimate of $230.00. Surpassing the previous average price target of $251.25, the current average has increased by 11.63%.
Breaking Down Analyst Ratings: A Detailed Examination
A comprehensive examination of how financial experts perceive Autodesk is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Joseph Bonner | Argus Research | Raises | Buy | $300.00 | $265.00 |
| Kash Rangan | Goldman Sachs | Raises | Sell | $230.00 | $180.00 |
| Jason Celino | Keybanc | Raises | Overweight | $320.00 | $275.00 |
| Ken Wong | Oppenheimer | Raises | Outperform | $315.00 | $265.00 |
| Blair Abernethy | Rosenblatt | Raises | Buy | $290.00 | $265.00 |
| Clarke Jeffries | Piper Sandler | Raises | Neutral | $260.00 | $234.00 |
| Matthew Hedberg | RBC Capital | Raises | Outperform | $320.00 | $290.00 |
| Matthew Broome | Mizuho | Raises | Neutral | $270.00 | $220.00 |
| Kash Rangan | Goldman Sachs | Raises | Sell | $230.00 | $180.00 |
| Daniel Jester | BMO Capital | Raises | Market Perform | $293.00 | $232.00 |
| Adam Borg | Stifel | Raises | Buy | $316.00 | $265.00 |
| Saket Kalia | Barclays | Raises | Overweight | $310.00 | $300.00 |
| Tyler Radke | Citigroup | Raises | Buy | $307.00 | $276.00 |
| Jason Celino | Keybanc | Raises | Overweight | $275.00 | $265.00 |
| Ken Wong | Oppenheimer | Maintains | Outperform | $265.00 | $265.00 |
| Saket Kalia | Barclays | Raises | Overweight | $300.00 | $278.00 |
| Blair Abernethy | Rosenblatt | Maintains | Buy | $265.00 | - |
| Jason Celino | Keybanc | Raises | Overweight | $265.00 | $260.00 |
| Jason Celino | Keybanc | Raises | Overweight | $260.00 | $245.00 |
| Clarke Jeffries | Piper Sandler | Raises | Neutral | $234.00 | $215.00 |
| Blair Abernethy | Rosenblatt | Raises | Buy | $265.00 | $250.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Autodesk. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' 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.
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 Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Positive Revenue Trend: Examining Autodesk's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 3.89% as of 31 January, 2024, showcasing a substantial increase in 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 is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 19.2%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Autodesk's ROE stands out, surpassing industry averages. With an impressive ROE of 16.9%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Autodesk's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.95% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Autodesk's debt-to-equity ratio surpasses industry norms, standing at 1.42. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
What Are Analyst Ratings?
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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