Software stock Autodesk Inc (NASDAQ:ADSK) was last seen up 3.7% at $310, after an upgrade from Mizuho to "outperform" from "neutral," with a price-target hike to $400 from $280.
Five robotics stocks have strong earnings and revenue growth potential for 2025. These are: TDY, ADSK PATH, QCOM, IOT.
ADSK shares are benefiting from AI innovation, market expansion and enhanced customer satisfaction.
After the recent pullback, shares of Autodesk Inc ADSK appear more attractive, while the path for outperformance seems "cleaner" in 2025, according to Piper Sandler.
Amid volatile macroeconomic conditions, Computer Software industry participants like ADSK, BB and SLP are well-poised to capitalize on digital transformation and strong adoption of cloud computing solutions.
Autodesk is a strong company with a diversified revenue stream and a robust software suite. Its current valuation appears stretched, leading me to rate it as a HOLD. Autodesk's transition to a subscription model has improved revenue predictability and margins, yet high stock-based compensation and a moderate balance sheet pose concerns. My investment philosophy focuses on great fundamentals, a strong moat, and reasonable valuation. Autodesk excels in fundamentals and moat but lacks a margin of safety.
Five 3D printing stocks have strong revenues and earnings growth potential for 2025 and solid short-term upside. These are: ADSK, NVDA, GE, LHX, CSR.
Autodesk, Inc. (NASDAQ:ADSK ) Barclays 22nd Annual Global Technology Conference Call December 11, 2024 12:50 PM ET Company Participants Simon Mays-Smith - Head, IR Amy Bunszel - EVP, AEC Solutions Unidentified Analyst Welcome to day one of the Barclays Tech Conference. Honored to have with us the team here from Autodesk.
Autodesk, Inc. (NASDAQ:ADSK ) UBS Global Technology and AI Conference Call December 3, 2024 10:15 AM ET Company Participants Andrew Anagnost - President & Chief Executive Officer Steve Blum - Executive Vice President & Chief Operating Officer Conference Call Participants Taylor McGinnis - UBS Taylor McGinnis Okay. Hello, everyone and good morning.
I reiterate a 'Buy' rating on Autodesk with a fair value of $310 per share due to strong billing growth and strategic subscription transition. ADSK reported 11% revenue growth and 28% billings growth, driven by a shift to annual subscriptions, early renewals, and a new transaction business model. The company's major platforms, including AEC, AutoCAD, MFG, and M&E, experienced robust revenue growth, supported by effective go-to-market efforts and cloud infrastructure leverage.
Citi raised the firm's price target on Autodesk to $361 from $358 and keeps a Buy rating on the shares following Q3 results that featured "a healthy billings beat" and modest raise, offset by mixed investor feedback around the reiteration of FY26 FCF targets and hiring of CFO Janesh Moorjani. The Q3 print "showed a lot of positives" and Autodesk delivered another quarter of positive estimate revisions, which is "increasingly distinguished vs. other vertical/cyclical peers," the analyst tells investors. The firm views the pullback in shares as a buying opportunity, the analyst added.
Shares of Autodesk, Inc. ADSK are trading lower on Wednesday but they may have found support. The company posted earnings that were slightly better than estimates but investors are concerned about decreasing margins.