
Autodesk (ADSK) Stock Forecast & Price Target
Autodesk (ADSK) Analyst Ratings
Bulls say
Autodesk is projected to achieve Q4 total revenue of $1.631 billion, reflecting an 11% year-over-year increase, primarily supported by strong performance in its Architecture, Engineering, and Construction (AEC) segment, which is expected to grow by 12%. The company's billings demonstrated a robust increase of 23% to $2.109 billion, outperforming consensus estimates, as it transitioned to a new billing model that emphasizes annual contracts. Furthermore, Autodesk's non-GAAP operating margin improved to 37%, indicating enhanced financial discipline and a positive outlook for sustained growth in the coming fiscal years.
Bears say
Autodesk's outlook appears negative due to persistent high office vacancy rates in North America, which are expected to continue depressing commercial design activity levels into 2025. Additional downside risks include a potential deterioration of global economic conditions, sluggish recovery in the construction industry, and difficulties associated with the shift to a new transaction model and named-user plans. Furthermore, the company's lower-than-expected GAAP EPS guidance, attributed to restructuring charges, coupled with valuation concerns indicating overpricing relative to peers, contribute to the unfavorable financial metrics surrounding Autodesk's stock.
This aggregate rating is based on analysts' research of Autodesk and is not a guaranteed prediction by Public.com or investment advice.
Autodesk (ADSK) Analyst Forecast & Price Prediction
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