Baird Maintains Outperform Rating, Raises Autodesk's PT to $363

Friday, Aug 29, 2025 8:48 am ET1min read

Baird Maintains Outperform Rating, Raises Autodesk's PT to $363

Baird has maintained an "Outperform" rating on Autodesk (ADSK) while raising the price target to $363, according to a recent report. This marks a significant increase from the previous target of $345, reflecting the analyst's optimism about the company's prospects. The move comes as Autodesk prepares to release its fiscal second-quarter earnings report on August 28, 2025.

KeyBanc Capital Markets has also maintained its Overweight rating and price target at $350, expressing optimism about Autodesk's performance. Piper Sandler has increased its price target for Autodesk to $373 from $361, maintaining an Overweight rating [1].

The updated rating and price target by Baird reflect the firm's confidence in Autodesk's ability to capitalize on its 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 Autodesk 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 until more details emerge at the company's analyst day later this year. Recent checks with channel partners indicated performance below expectations, suggesting a period of strategic adjustments and mixed market signals for Autodesk [1].

The recent developments highlight the ongoing investor interest and analyst evaluations of Autodesk's performance and future outlook, with various firms maintaining their Buy ratings and adjusting their price targets accordingly. 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.

References:
[1] https://www.ainvest.com/news/piper-sandler-maintains-overweight-rating-autodesk-raises-pt-373-361-2508/
[2] https://www.ainvest.com/news/autodesk-earnings-forecast-analyst-raises-price-target-345-2508/

Baird Maintains Outperform Rating, Raises Autodesk's PT to $363

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