Autodesk (ADSK)

• Market cap: $64B
• 1 day: 1.87%
• 5 days: 4.15%
• 1 month: -0.19%
• 3 months: 2.46%
• 6 months: 21.06%
• Year to date: 1.22%
• 1 year: 18.39%
• 5 years: 51.61%
• 10 years: 415.92%
• Sector: Information Technology
• Industry: Prepackaged Software

About: Founded in 1982, Autodesk is an application software company that serves industries in architecture, engineering, and construction; product design and manufacturing; and media and entertainment. Autodesk software enables design, modeling, and rendering needs of these industries. The company has over 4 million paid subscribers across 180 countries.

Employees: 14,100

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

157% more funds holding in top 10

Funds holding in top 10: 7 [Q2] → 18 (+11) [Q3]

53% more first-time investments, than exits

New positions opened: 142 | Existing positions closed: 93

6% more capital invested

Capital invested by funds: $48.5B [Q2] → $51.5B (+$2.96B) [Q3]

3% more funds holding

Funds holding: 1,137 [Q2] → 1,168 (+31) [Q3]

0% less repeat investments, than reductions

Existing positions increased: 424 | Existing positions reduced: 426

3.83% less ownership

Funds ownership: 91.04% [Q2] → 87.21% (-3.83%) [Q3]

15% less call options, than puts

Call options by funds: $654M | Put options by funds: $766M

Research analyst outlook

16 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $280 6% downside
• Avg. target: $341 15% upside
• High target: $380 28% upside

16 analyst ratings

• positive: 13 81%
• neutral: 3 19%
• negative: 0 0%

Piper Sandler Clarke Jeffries 58% 1-year accuracy 30 / 52 met price target	20% upside $357	Overweight Upgraded	8 Jan 2025
Stifel Adam Borg 66% 1-year accuracy 19 / 29 met price target	21% upside $360	Buy Maintained	18 Dec 2024
Macquarie Steve Koenig 50% 1-year accuracy 2 / 4 met price target	28% upside $380	Outperform Initiated	12 Dec 2024
UBS Taylor McGinnis 67% 1-year accuracy 8 / 12 met price target	18% upside $350	Buy Initiated	2 Dec 2024
Citigroup Tyler Radke 56% 1-year accuracy 34 / 61 met price target	22% upside $361	Buy Maintained	29 Nov 2024