Autodesk

ADSK · NASDAQ

$245.58+$4.88 (+2.03%)TodayMarket closed · Oct 20, 7:43 PM ET

Prev close $240.70

ADSK analyst rating

BuyConsensus of 28 analysts over the last 12 months. 82% rate it a buy.

Strong buy0
Buy23
Hold5
Underperform0
Sell0

12-month price target · 38 analysts

Average $317.31 (+29.2% upside)

Low: $217.15
Now: $245.58
High: $478.80

Upgrades and downgrades

The latest rating actions, newest first

ADSK analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Piper Sandler	Sep 28, 2026	Maintains	Overweight	$338.00 → $300.00	73%
Guggenheim	Sep 21, 2026	Maintains	Buy	$283.00	43%
BTIG	Sep 18, 2026	Maintains	Buy	$300.00	61%
RBC Capital	Sep 17, 2026	Maintains	Outperform	$305.00	61%
Cantor Fitzgerald	Sep 15, 2026	Initiates	Neutral	$215.00	50%
Argus Research	Sep 2, 2026	Maintains	Buy	$355.00	61%
Citigroup	Aug 31, 2026	Maintains	Neutral	$269.00 → $276.00	56%
Rosenblatt	Aug 31, 2026	Maintains	Buy	$330.00	61%
BNP Paribas	Aug 28, 2026	Maintains	Outperform	$295.00 → $300.00	52%
UBS	Aug 28, 2026	Maintains	Buy	$290.00 → $325.00	48%

The case for and against

Updated Oct 21, 2026

Bull case

Autodesk is well positioned by its leadership in CAD and BIM, with industry clouds in Forma, Fusion, and Flow expanding the addressable market across architecture, manufacturing, and media while deepening workflow integration. Its AI strategy is especially compelling because it is grounded in 40 years of domain knowledge and project context, aiming to automate repetitive work, connect design-to-operations data, and improve predictability, profitability, and customer retention. Financially, the company continues to support a durable growth model of about 10% revenue growth longer-term, with improving margins and an FY29 operating margin target of +41% that appears feasible through mix shift, renewals, and higher-value subscriptions.

Bear case

Autodesk is facing a negative outlook because customers are signaling that AI features may help reduce busywork, but adoption could be slow and even lead some firms to build purpose-built tools or replace plugins, which threatens spending on Autodesk products. Competition from major design software rivals and cloud-native startups adds pressure, while reliance on two resellers that accounted for 38% of revenues in FY25 and 46% in FY24 creates concentration risk if either channel is disrupted. The company also faces execution risk from shifting go-to-market changes and cost-conscious buyers in architecture, engineering, and construction, where tool sprawl and economic sensitivity could limit growth and compress valuation.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.