Stifel Reiterates Buy Rating on Autodesk, Raises PT to $375 from $350

Stifel Reiterates Buy Rating on Autodesk, Raises PT to $375 from $350

Stifel Nicolaus has reiterated its Buy rating on Autodesk Inc. (NASDAQ: ADSK) and raised its price target to $375 from $350, according to a recent research report. The investment bank cited the company's strategic priorities, including driving higher margins and continuing its share repurchase program, as key factors behind the upward revision.

The revised price target reflects Stifel's optimism about Autodesk's ability to navigate a complex business environment and maintain its competitive position in the software industry. The bank noted that the company's non-GAAP margin growth is attributed to factors such as headcount reduction and process automation, which have contributed to improved operational efficiency.

However, Stifel also expressed caution about the company's capital allocation strategy and the potential impact of a soft industry demand environment, as indicated by the Architectural Billing Index. The bank emphasized that investors should closely monitor Autodesk's upcoming earnings report and the accompanying analyst commentary to gain a clearer picture of the company's performance and future prospects.

The latest update from Stifel comes amidst a mixed landscape of analyst ratings and price targets for Autodesk. While some analysts have maintained a cautious stance due to uncertainties in the company's M&A strategy and industry demand, others have expressed optimism about Autodesk's long-term growth potential.

Autodesk, Inc. provides 3D design, engineering, and entertainment technology solutions worldwide. The company's products include AutoCAD Civil 3D, BuildingConnected, AutoCAD, AutoCAD LT, computer-aided manufacturing (CAM) software, Fusion 360, and Industry Collections tools for various industries.

Investors should pay close attention to Autodesk's earnings report and the accompanying analyst commentary to gauge the company's performance and future prospects. The company's ability to maintain its competitive position in the software industry will be crucial in the coming quarters.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-corebridge-financial-inc-has-1815-million-stock-holdings-in-autodesk-inc-adsk-2025-08-26/
[2] https://www.ainvest.com/news/bank-america-maintains-hold-rating-autodesk-due-margin-expansion-potential-unclear-capital-allocation-strategy-2508/