Autodesk, Inc. (ADSK)
NASDAQ: ADSK · Real-Time Price · USD
303.68
+1.35 (0.45%)
Nov 7, 2024, 1:34 PM EST - Market open
Autodesk Stock Forecast
Stock Price Forecast
The 19 analysts with 12-month price forecasts for Autodesk stock have an average target of 297.84, with a low estimate of 257 and a high estimate of 340. The average target predicts a decrease of -1.92% from the current stock price of 303.68.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Autodesk stock from 19 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 5 | 5 |
| Buy | 5 | 5 | 5 | 6 | 6 | 7 |
| Hold | 7 | 8 | 8 | 6 | 7 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Total | 17 | 18 | 18 | 17 | 18 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Initiates $340 | Buy | Initiates | $340 | +11.96% | Oct 16, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Reiterates $320 | Buy | Reiterates | $320 | +5.37% | Sep 30, 2024 |
| DA Davidson | DA Davidson | Hold Initiates $260 | Hold | Initiates | $260 | -14.38% | Sep 27, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $316 → $325 | Strong Buy | Maintains | $316 → $325 | +7.02% | Sep 3, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell → Hold Upgrades $225 → $295 | Strong Sell → Hold | Upgrades | $225 → $295 | -2.86% | Sep 3, 2024 |
Financial Forecast
Revenue This Year
6.23B
from 5.50B
Increased by 13.33%
Revenue Next Year
6.98B
from 6.23B
Increased by 12.07%
EPS This Year
8.44
from 4.19
Increased by 101.42%
EPS Next Year
9.36
from 8.44
Increased by 10.94%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.5B | 7.5B | 8.4B | ||
| Avg | 6.2B | 7.0B | 7.8B | ||
| Low | 6.0B | 6.6B | 7.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.8% | 19.6% | 20.1% | ||
| Avg | 13.3% | 12.1% | 11.4% | ||
| Low | 8.4% | 5.9% | 5.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.09 | 10.25 | 12.47 | ||
| Avg | 8.44 | 9.36 | 10.89 | ||
| Low | 8.03 | 8.58 | 9.20 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 117.0% | 21.4% | 33.2% | ||
| Avg | 101.4% | 10.9% | 16.3% | ||
| Low | 91.6% | 1.7% | -1.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.