Analysts See Bright Upside for Autodesk Stock
Autodesk (Ticker: ADSK – NASDAQ, Technology – Software) garners bullish support from Wall Street with solid earnings momentum
There’s a dynamic buzz around Autodesk, Inc. (NASDAQ: ADSK) today, signaling renewed investor confidence in this powerhouse of software – application solutions for design and engineering. The consensus from analysts is vibrant, filled with optimism and backed by numbers that suggest investors may want to take a closer look.
Wall Street has been clear: Autodesk attracts significant bullish sentiment. In the last three months, 20 analysts have issued a mix of Strong Buy and Buy ratings, with zero Sell calls. The average 12-month price target stands at $348.60, implying a handsome 20.5% upside from current levels.
The outlook remains compelling — out of 24 analysts, 17 say Buy, seven say Hold, and one gives a Strong Buy, landing Autodesk firmly in the Moderate Buy camp. The average price target here is $343.04, a similarly bullish 19.7% upside.
Depending on the source, expected upside hovers around 18% to 20%, with targets ranging between $338–$349—all pointing toward a stock that could be ready for a rally soon.
Some of the biggest names on the Street are raising their voices: Baird lifted its target to $345 and kept an Outperform call; DA Davidson upgraded to Strong Buy; Loop Capital holds firm with Outperform; and Bank of America remains more cautious with a Neutral at $290. Meanwhile, Berenberg, Piper Sandler, and others are raising Buy or Overweight stances, with top targets reaching as high as $376.
Beyond ratings, technical and composite indicators are equally encouraging. Autodesk’s Relative Strength (RS) Rating climbed from 68 to 71, reflecting improving leadership compared to peers. It's now trying to break out of a $326.62 base—any move beyond that could trigger momentum if volume follows. Notably, its SmartSelect Composite Rating soared to 97, outperforming 97% of all stocks on key metrics. Its EPS Rating stands at 94, highlighting exceptional earnings growth, and in Q1, both earnings (+22%) and revenue (+15%) gained speed.
This bullish chorus makes sense — Autodesk continues evolving as a software innovator, powering industries like design, architecture, construction, manufacturing, and media. With tools like AutoCAD, Revit, Fusion 360, and 3D animation suites, it’s firmly entrenched in markets that demand creativity and precision.
In short, the picture is clear: Analysts see ADSK as a Moderate to Strong Buy, with upside potential near 20%, supported by robust fundamentals and strategic momentum. Whether you're watching for a breakout above $326 or simply building for long-term growth, Autodesk offers a compelling story worthy of attention.