Autodesk, Inc.
No SEC Form 4 filings for $ADSK in the last 30 days.
The article previews a short U.S. and Canada market week after Memorial Day, highlighting housing, confidence, jobs, and earnings. It lists U.S. EPS results for PDD, AutoZone, Elbit, Salesforce, Synopsys, Marvell, Costco, Dell, and Autodesk, plus Canada banks’ and other firms’ EPS. Key data include S&P Case-Shiller (March), jobless claims and durable goods (May 23/April), and Canada payroll employment and GDP.
Cumberland Partners Ltd significantly increased its holdings in Autodesk, Inc. ($ADSK) by 65.7% in the fourth quarter, bringing their total to 25,646 shares valued at approximately $7.59 million. Institutional ownership of Autodesk remains high at over 90%, with many firms building new positions. Despite some analyst price target reductions, Wall Street maintains a "Moderate Buy" consensus rating for Autodesk, driven by positive sentiment on earnings growth and demand for its software.
KeyBanc has reduced its price target for Autodesk Inc. (NASDAQ:ADSK) to $341 from $365, while maintaining an Overweight rating, due to mixed quarterly checks showing strong construction demand but weakness in other sectors. The firm remains cautious ahead of Autodesk’s Q1 earnings on May 28, 2026, anticipating conservative results but an maintained 9% to 10% normalized growth outlook for fiscal 2027. Despite the price target cut, InvestingPro data suggests Autodesk shares may currently be undervalued, with other analysts like Stifel, BofA Securities, and Oppenheimer reiterating positive ratings based on channel improvements, data capabilities, and AI investment.
