Autodesk price target raised to $315 from $265 at Oppenheimer

Oppenheimer analyst Ken Wong raised the firm’s price target on Autodesk to $315 from $265 and keeps an Outperform rating on the shares. Autodesk reported Q4 results ahead of Street estimates driven by early renewals and Enterprise Business Agreement upside, the analyst tells investors in a research note. Autodesk’s profitability was solid across the board with EBIT guidance better than feared, and calling out higher visibility to $2.05B free cash flow in FY26E, the firm says.