Autodesk Inc [ADSK] stock prices are down -0.12% to $301.08 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The ADSK shares have gain 3.49% over the last week, with a monthly amount glided 2.54%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Autodesk Inc [NASDAQ: ADSK] stock has seen the most recent analyst activity on January 08, 2025, when Piper Sandler upgraded its rating to a Overweight and also boosted its price target to $357 from $311. Previously, Macquarie started tracking the stock with Outperform rating on December 12, 2024, and set its price target to $380. On December 02, 2024, UBS initiated with a Buy rating and assigned a price target of $350 on the stock. HSBC Securities downgraded its rating to a Hold but stick to its price target of $290 on November 29, 2024. BMO Capital Markets reiterated its recommendation of a Market Perform and raised its price target to $308 on November 27, 2024. Scotiabank started tracking with a Sector Outperform rating for this stock on November 19, 2024, and assigned it a price target of $360. In a note dated October 16, 2024, Wells Fargo initiated an Overweight rating and provided a target price of $340 on this stock.
The stock price of Autodesk Inc [ADSK] has been fluctuating between $195.32 and $326.62 over the past year. Currently, Wall Street analysts expect the stock to reach $315.94 within the next 12 months. Autodesk Inc [NASDAQ: ADSK] shares were valued at $301.08 at the most recent close of the market. An investor can expect a potential return of 4.94% based on the average ADSK price forecast.
Analyzing the ADSK fundamentals
The Autodesk Inc [NASDAQ:ADSK] reported sales of 5.94B for trailing twelve months, representing a surge of 11.93%. Gross Profit Margin for this corporation currently stands at 0.91% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.23%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.48 and Total Capital is 0.23. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.99.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 298.55 points at the first support level, and at 296.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 302.55, and for the 2nd resistance point, it is at 304.03.
Ratios To Look Out For
It’s worth pointing out that Autodesk Inc [NASDAQ:ADSK]’s Current Ratio is 0.65. On the other hand, the Quick Ratio is 0.65, and the Cash Ratio is 0.32. Considering the valuation of this stock, the price to sales ratio is 10.89, the price to book ratio is 24.74 and price to earnings (TTM) ratio is 59.81.
Transactions by insiders
Recent insider trading involved NORRINGTON LORRIE M, Director, that happened on Dec 11 ’24 when 1778.0 shares were sold. Director, LORRIE NORRINGTON completed a deal on Dec 11 ’24 to buy 1778.0 shares. Meanwhile, Director NORRINGTON LORRIE M sold 1778.0 shares on Dec 06 ’24.
