Autodesk (ADSK)

• Market cap: $65B
• 1 day: 1.53%
• 5 days: 2.72%
• 1 month: 1.33%
• 3 months: 4.50%
• 6 months: 22.91%
• Year to date: 2.77%
• 1 year: 20.20%
• 5 years: 54.80%
• 10 years: 417.33%
• 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 7% downside
• Avg. target: $341 13% upside
• High target: $380 26% upside

16 analyst ratings

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

Piper Sandler Clarke Jeffries 62% 1-year accuracy 32 / 52 met price target	18% upside $357	Overweight Upgraded	8 Jan 2025
Stifel Adam Borg 72% 1-year accuracy 21 / 29 met price target	19% upside $360	Buy Maintained	18 Dec 2024
Macquarie Steve Koenig 50% 1-year accuracy 2 / 4 met price target	26% upside $380	Outperform Initiated	12 Dec 2024
UBS Taylor McGinnis 67% 1-year accuracy 8 / 12 met price target	16% upside $350	Buy Initiated	2 Dec 2024
Citigroup Tyler Radke 64% 1-year accuracy 39 / 61 met price target	20% upside $361	Buy Maintained	29 Nov 2024