Autodesk Surges to 271st in Trading Volume with $359 Million Turnover

On May 7, 2025, Autodesk (ADSK) saw a significant increase in trading volume, with a turnover of $359 million, marking an 89.35% rise from the previous day. This surge placed Autodesk at the 271st position in terms of trading volume for the day. The stock price of Autodesk also rose by 1.69%.

DA Davidson has adjusted its price target for Autodesk, lowering it from $285.00 to $265.00, while maintaining a "neutral" rating on the stock. This adjustment reflects the firm's cautious outlook on the company's near-term prospects.

Morgan Stanley has reiterated its "overweight" rating on Autodesk, setting a price target of $330. The firm's analysts, led by Elizabeth Porter, expressed incremental optimism following a recent announcement, indicating a positive stance on the company's future performance.

Analysts have provided varying price targets for Autodesk, with some suggesting a potential upside. For instance, the implied analyst target price for Autodesk is $321.73, indicating a 14.87% increase from the current price. This reflects a generally positive sentiment among analysts regarding the stock's potential for growth.

Despite the challenging macroeconomic environment, some analysts maintain a "buy" rating for Autodesk. They believe that the company's business fundamentals remain strong, suggesting that the stock could be a viable investment option despite current market uncertainties.