Analyst Elizabeth Porter of Morgan Stanley maintained a Buy rating on Autodesk (ADSK – Research Report), retaining the price target of $330.00.
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Elizabeth Porter’s rating is based on several compelling factors that suggest a positive outlook for Autodesk’s stock. The consistent demand and solid renewal activity, as indicated by reseller data, provide a stable foundation for Autodesk’s financial performance. Additionally, insights from design software peers point to minimal impacts from macroeconomic uncertainties, supporting expectations for in-line first-quarter results and reaffirmed fiscal year 2026 guidance.
Porter also notes that while initial guidance from Autodesk’s new CFO was conservative, the combination of reseller data and peer feedback suggests potential modest upside to revenue and margins. With Autodesk’s shares trading at a favorable valuation compared to peers, the opportunity to expand margins and the strong, recurring customer base in the AEC sector further bolster the stock’s attractiveness. These factors, combined with an improving growth outlook at partners and potential market recovery, create a positive risk/reward scenario for investors.
In another report released today, KeyBanc also maintained a Buy rating on the stock with a $323.00 price target.
Based on the recent corporate insider activity of 52 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ADSK in relation to earlier this year.