Oppenheimer Maintains "Outperform" Rating for Autodesk (NASDAQ:ADSK)

On May 23, 2025, Oppenheimer maintained its "Outperform" rating for Autodesk (NASDAQ:ADSK), a company known for its software products and services for the architecture, engineering, construction, manufacturing, media, and entertainment industries.

Autodesk's stock was trading at $295 when Oppenheimer raised its price target from $300 to $350, indicating confidence in the company's future performance. Autodesk recently held its Q1 2026 earnings conference call on May 22, 2025, featuring key figures like CEO Andrew Anagnost and CFO Janesh Moorjani. The call attracted analysts from major financial institutions, including Oppenheimer, who likely considered the insights shared during the call when maintaining their "Outperform" rating and adjusting the price target.

The stock price of Autodesk is currently $295, reflecting a slight increase of 0.71% or $2.07. Today, the stock has fluctuated between $292.37 and $296.415. Over the past year, Autodesk's stock has seen a high of $326.62 and a low of $195.32, showcasing its volatility and potential for growth.

Autodesk's market capitalization is approximately $63.1 billion, indicating its significant presence in the software industry. The trading volume for the day is 2,253,069 shares on the NASDAQ exchange, suggesting active investor interest and engagement with the stock. The strategic direction and financial performance discussed during the earnings call likely contributed to Oppenheimer's decision to raise the price target. As Autodesk continues to innovate and expand its offerings, the company's stock remains a point of interest for investors and analysts alike.