Autodesk Explores Acquisition of Rival PTC in Cash-and-Stock Deal

Wednesday, Jul 9, 2025 6:05 pm ET1min read

Autodesk (ADSK) is exploring a possible acquisition of rival PTC in a cash-and-stock deal. The potential acquisition could signal a major shift in the engineering software industry as firms look to expand their capabilities. Autodesk shares dipped 2% in after-hours trading, while PTC shares rose 3%. Analysts have a Strong Buy consensus rating on ADSK stock with an average price target of $344.85, implying 12.2% upside potential.

Autodesk Inc. (NASDAQ: ADSK) is exploring a potential acquisition of rival engineering-software provider PTC Inc. (NASDAQ: PTC), according to a report by Bloomberg [1]. The potential deal is a cash-and-stock transaction, with Autodesk engaging advisers to evaluate the proposal. The report suggests that PTC is also attracting interest from other industry players.

The news has sparked significant market reactions. PTC's stock soared 9% while Autodesk shares fell 2% in after-hours trading following the report [2]. Both companies compete in the engineering software market, with overlapping products in computer-aided design (CAD) and product lifecycle management (PLM) solutions. A potential combination would consolidate market share in the industrial software sector.

Analysts have a strong consensus rating on ADSK stock, with an average price target of $344.85, implying a 12.2% upside potential [3]. The stock movements reflect investor reactions to the potential deal, with PTC shareholders responding positively to the takeover speculation while Autodesk investors showed concern about the financial implications of a major acquisition.

The potential acquisition could signal a significant shift in the engineering software industry, as firms look to expand their capabilities. Autodesk and PTC did not immediately respond to Reuters requests for comment [4].

References:
[1] https://finance.yahoo.com/news/ptc-stock-soars-autodesk-weighs-203413340.html
[2] https://seekingalpha.com/news/4466282-autodesk-considers-acquisition-of-software-firm-ptc-report
[3] https://www.investing.com/news/stock-market-news/ptc-stock-soars-as-autodesk-weighs-takeover-bid-4128831
[4] https://www.tradingview.com/news/reuters.com,2025:newsml_L4N3T61JX:0-autodesk-rises-on-report-of-potential-acquisition-of-software-provider-ptc/

Autodesk Explores Acquisition of Rival PTC in Cash-and-Stock Deal

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