KeyBanc Reaffirms Buy Rating on Autodesk with $350 Target Price

KeyBanc reaffirms their Buy rating on Autodesk (ADSK) with a price target of $350.00. Analyst Jason Celino, with a 4-star rating and 6.9% average return, sees potential in the company. A Buy rating was also given by UBS's Taylor McGinnis, but Bank of America Securities maintained a Hold rating. Autodesk has a one-year high of $326.62 and a one-year low of $232.67.

KeyBanc Capital Markets has maintained its Buy rating on Autodesk (ADSK), with a price target of $350.00, ahead of the company's fiscal second-quarter earnings report scheduled for August 28, 2025. Analyst Jason Celino, who has a 4-star rating and an average return of 6.9%, sees potential in Autodesk's growth prospects [1]. This rating comes despite mixed views from other analysts, with UBS's Taylor McGinnis also maintaining a Buy rating with a $370.00 price target [1]. In contrast, Bank of America Securities' Koji Ikeda has a Hold rating with a $330.00 price target, citing uncertainty around margin expansion and capital allocation strategy [3].

Autodesk's stock has seen significant volatility over the past year, with a high of $326.62 and a low of $232.67. The company's impressive 92% gross margins and recent updates to its Flow Studio VFX tools have been noted by analysts, but the uncertainty surrounding its long-term margin and growth framework keeps investors in a holding pattern [1]. Piper Sandler and Stifel have maintained Overweight and Buy ratings, respectively, focusing on potential free cash flow growth and steady IT spending growth expectations [1, 3].

Investors should closely monitor Autodesk's earnings report and accompanying analyst commentary to gain a clearer picture of the company's performance and future prospects. The company's ability to navigate a complex business environment and maintain its competitive position in the software industry will be crucial for its stock performance.