Autodesk Baird Keeps Outperform Rating, Raises PT to $345 from $335

Autodesk Baird Keeps Outperform Rating, Raises PT to $345 from $335

In a significant update, Robert W. Baird & Co. has maintained its "outperform" rating for Autodesk Inc. (ADSK) while raising its price target to $345 from $335. This move comes amidst a period of heightened analyst activity surrounding the software giant. Baird's decision reflects a positive outlook on Autodesk's future performance and growth prospects.

The revised target price indicates a substantial increase in Baird's valuation of Autodesk, underscoring the analyst's confidence in the company's ability to deliver strong financial results. The firm's "outperform" rating suggests that Baird believes Autodesk's stock will outperform the broader market over the next 12 months.

Autodesk's latest financial performance and strategic initiatives have likely influenced Baird's decision. The company's diversified portfolio of 3D design, engineering, and entertainment technology solutions has shown resilience and growth potential, especially in the face of market volatility.

This update follows a series of analyst revisions and increased institutional investment in Autodesk. Oberndorf William E, for instance, recently boosted its stake in Autodesk by 13.5%, indicating a strong belief in the company's long-term prospects [2]. Other institutional investors, such as Cheviot Value Management LLC and SouthState Corp, have also increased their holdings in Autodesk, further bolstering its market position.

Despite the positive sentiment, investors should remain vigilant and consider all available data when making investment decisions. Baird's revised target price and rating should be evaluated alongside other analyst reports and market trends to form a comprehensive investment strategy.

References:
[1] https://www.tradingview.com/news/reuters.com,2025:newsml_L4N3UD0FU:0-analog-devices-autodesk-salesforce/
[2] https://www.marketbeat.com/instant-alerts/filing-autodesk-inc-adsk-stake-boosted-by-oberndorf-william-e-2025-08-19/