Autodesk: Rosenblatt Maintains Buy Rating, PT Raised to $355

Autodesk: Rosenblatt Maintains Buy Rating, PT Raised to $355

Rosenblatt Securities has maintained its Buy rating on Autodesk Inc. (NASDAQ: ADSK) and raised its price target to $355, according to a recent update. The investment firm's move comes ahead of Autodesk's fiscal second-quarter earnings report, scheduled for release after the market close on August 28, 2025.

The updated rating reflects Rosenblatt's optimism about Autodesk's financial prospects, particularly focusing on the potential for free cash flow growth in the latter half of 2025 and beyond. The firm cited the company's strong gross margins and AI-driven products, such as the recently updated Flow Studio VFX tools, as key factors contributing to this outlook.

KeyBanc Capital Markets and Piper Sandler have also maintained their Overweight ratings and price targets on Autodesk. KeyBanc's price target remains at $350, while Piper Sandler has raised its target to $373. These analysts express optimism about Autodesk's performance, particularly in its Architecture, Engineering, Construction, and Operations (AECO) segment, which saw a 23% year-over-year revenue growth in the second quarter of fiscal 2026.

Despite the positive outlook, uncertainty around Autodesk's long-term margin and growth framework is keeping investors in a holding pattern until more details emerge at the company's analyst day later this year. Additionally, recent checks with channel partners indicated performance below expectations, suggesting a period of strategic adjustments and mixed market signals for Autodesk.

UBS analyst Taylor McGinnis also maintained a Buy rating on Autodesk, with a $370 price target. McGinnis noted mixed feedback on the company’s demand environment but highlighted the potential for 10% constant currency adjusted revenue growth in fiscal 2026 and "at least 100bps upside" to fiscal 2026 EBIT margin as the year progresses.

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 recent developments highlight the ongoing investor interest and analyst evaluations of Autodesk's performance and future outlook.

References:
[1] https://www.investing.com/news/analyst-ratings/keybanc-reiterates-overweight-rating-on-autodesk-stock-ahead-of-earnings-93CH-4210873
[2] https://www.investing.com/news/analyst-ratings/piper-sandler-maintains-overweight-rating-on-autodesk-stock-ahead-of-earnings-93CH-4214866
[3] https://www.investing.com/news/analyst-ratings/ubs-reiterates-buy-rating-on-autodesk-stock-with-370-price-target-93CH-4208668