A share price of Autodesk Inc [ADSK] is currently trading at $309.93, up 3.63%. An important factor to consider is whether the stock is rising or falling in short-term value. The ADSK shares have gain 4.39% over the last week, with a monthly amount glided 2.89%, 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 28, 2025, when Mizuho upgraded its rating to a Outperform and also boosted its price target to $400 from $280. Previously, Piper Sandler upgraded its rating to Overweight on January 08, 2025, and elevated its price target to $357. On December 12, 2024, Macquarie initiated with a Outperform rating and assigned a price target of $380 on the stock. UBS started tracking the stock assigning a Buy rating and suggested a price target of $350 on December 02, 2024. HSBC Securities downgraded its rating to a Hold but $290 remained the price target by the analyst firm on November 29, 2024. BMO Capital Markets reiterated a Market Perform rating for this stock on November 27, 2024, and upped its price target to $308. In a note dated November 19, 2024, Scotiabank initiated an Sector Outperform rating and provided a target price of $360 on this stock.
Autodesk Inc experienced fluctuations in its stock price throughout the past year between $195.32 and $326.62. Currently, Wall Street analysts expect the stock to reach $315.94 within the next 12 months. Autodesk Inc [NASDAQ: ADSK] shares were valued at $309.93 at the most recent close of the market. An investor can expect a potential return of 1.94% based on the average ADSK price forecast.
Analyzing the ADSK fundamentals
Trailing Twelve Months sales for Autodesk Inc [NASDAQ:ADSK] were 5.94B which represents 11.93% growth. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.99.
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 302.77 points at the first support level, and at 295.62 for the second support level. However, for the 1st resistance point, the stock is sitting at 315.59, and for the 2nd resistance point, it is at 321.26.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Autodesk Inc [NASDAQ:ADSK] 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 11.21, the price to book ratio is 25.47 and price to earnings (TTM) ratio is 61.57.
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.
