Autodesk (ADSK, Financial) Price Target Increased: Key Points
- Mizuho raises Autodesk's price target from $350 to $400, acknowledging strong recurring revenue amidst uncertain markets.
- Analysts predict a 23.25% upside potential for Autodesk, with a current price of $264.93.
- GF Value estimates suggest a 15.82% upside, reinforcing a positive future outlook.
Autodesk's Price Target Revision: An Overview
Mizuho has recently elevated its price target for Autodesk Inc. (ADSK, Financial) from $350 to $400. This revision reflects the robust nature of software companies that benefit from significant recurring revenues, making them more resilient in the face of economic uncertainty. While tariff impacts are minimal for such firms, broader macroeconomic factors still play a role in influencing software revenue growth.
Wall Street Analysts Forecast
According to projections from 27 analysts, Autodesk’s average one-year price target stands at $326.53. These forecasts range from a high of $400.00 to a low of $270.97, suggesting a significant upside potential of 23.25% from the current stock price of $264.93. For more in-depth information, visit the Autodesk Inc (ADSK, Financial) Forecast page.
Brokerage Recommendations and Ratings
Based on insights from 32 brokerage firms, Autodesk Inc. currently holds an average brokerage recommendation of 2.0, which reflects an "Outperform" status. This rating is derived from a scale where 1 indicates a Strong Buy and 5 signifies a Sell, showing strong market confidence.
Autodesk's GF Value and Market Expectations
Through the GF Value methodology, GuruFocus estimates Autodesk's value to be $306.83 in one year, projecting an upside of 15.82% from its current price level. The GF Value represents GuruFocus' fair value estimation, calculated by considering historical trading multiples, previous business growth, and future performance forecasts. For a comprehensive view, explore the Autodesk Inc (ADSK, Financial) Summary page.
