Autodesk, Inc. (NASDAQ:ADSK) Analysts' Insights and Financial Performance

• Analysts have set an average price target of $335 for Autodesk, reflecting market expectations based on the company's recent performance and potential growth opportunities.
• Autodesk's financial performance is robust, with $6.1 billion in revenue, a 92% gross margin, and a net profit of $1.1 billion.
• Recent strategic moves, including the appointment of new board members and potential for surpassing earnings estimates, signal positive developments for Autodesk's stock price.

Autodesk, Inc. (NASDAQ:ADSK) is a leading company in the 3D design, engineering, and entertainment software industry. It provides a wide array of products and services to sectors like civil engineering, construction management, manufacturing, and media and entertainment. The company's stock is closely monitored by analysts, with consensus price targets offering insights into market expectations and sentiment.

Last month, analysts set an average price target of $335 for Autodesk's stock. This reflects their expectations based on the company's recent performance and potential growth opportunities. As Autodesk prepares to release its earnings on May 22, 2025, historical data shows that the stock has had a balanced reaction to earnings announcements, with a 50% chance of a positive one-day return, peaking at 10.3%.

Three months ago, the average price target was slightly higher at $346, indicating a more optimistic outlook at that time. This could be attributed to positive earnings reports or strategic initiatives. Autodesk's strong financial performance, with $6.1 billion in revenue and a 92% gross margin, supports this optimism. The company achieved a net profit of $1.1 billion, reinforcing its robust financial health.

A year ago, the average price target was $301.31, showing a positive trend over the year. This increase suggests growing confidence in Autodesk's ability to deliver value and expand its market presence. Analyst Jason Celino from KeyBanc has set a price target of $300, highlighting the company's strong profitability and effective use of acquisitions and share buybacks.

Recent developments, such as product innovations and strategic partnerships, could positively impact Autodesk's stock price. The appointment of Jeff Epstein and Christie Simons to the Board of Directors, as part of a cooperation agreement with Starboard Value LP, also signals strategic moves that may influence investor confidence. As Autodesk is expected to surpass earnings estimates, analysts remain confident in its future growth and financial health.