Mizuho Raises Autodesk PT to $375, Maintains Outperform Rating

Mizuho Raises Autodesk PT to $375, Maintains Outperform Rating

Mizuho Financial Group (MFG) has increased its price target for Autodesk (NASDAQ: ADSK) to $375, while maintaining an Outperform rating. This move reflects Mizuho's positive outlook on Autodesk's financial prospects, particularly its potential for free cash flow growth in the latter half of 2025 and beyond [1].

The positive outlook is based on Autodesk's strong gross margins and AI-driven products, such as the recently updated Flow Studio VFX tools. The company's acquisition of Wonder Dynamics has positioned it to offer more accessible professional-grade AI-powered visual effects and animation tools [2].

Despite the positive outlook, uncertainty around Autodesk's long-term margin and growth framework is keeping investors in a holding pattern. Recent checks with channel partners indicated performance below expectations, suggesting a period of strategic adjustments and mixed market signals for Autodesk [3].

Mizuho's updated rating and price target reflect the firm's confidence in Autodesk's ability to capitalize on its strong gross margins and AI-driven products. The company's acquisition of Wonder Dynamics has positioned Autodesk to offer more accessible professional-grade AI-powered visual effects and animation tools [4].

As Autodesk prepares to report its earnings, investors will be closely monitoring the company's financial results and guidance for further insights into its growth prospects. The ongoing investor interest and analyst evaluations of Autodesk's performance highlight the importance of the upcoming earnings report.

References:
[1] https://www.ainvest.com/news/wells-fargo-raises-autodesk-pt-375-maintains-overweight-rating-2508/
[2] https://www.ainvest.com/news/autodesk-barclays-raises-pt-385-maintains-overweight-rating-2508/
[3] https://www.tipranks.com/news/the-fly/autodesk-price-target-raised-to-375-from-350-at-mizuho-thefly
[4] https://www.ainvest.com/news/stifel-reiterates-buy-rating-autodesk-raises-pt-375-350-2508/