$ADSK

Autodesk (ADSK) announced a unified coordinate system connecting Civil3D to Forma, improving data handoff in civil construction. The company is expanding Forma's capabilities and integrating Fugro's ground data. AI tools, including Autodesk Assistant, were showcased for design and construction workflows. CEO Andrew Anagnost highlighted AI's role in reducing project delays.

Autodesk showcased its Forma cloud platform at Autodesk University 2026, integrating various products and introducing AI features. The company announced plans for Forma to eventually replace Revit, while continuing to invest in the latter. New AI capabilities include Autocomplete Room Elements and Drawing Change Analysis. Forma Bid and Daily Log Agent were also introduced, aiming to streamline construction workflows. According to Autodesk, Forma will increasingly handle tasks currently done in R

Autodesk announced that its Forma platform will eventually replace Revit, with design and analysis moving to Forma over time. Revit will remain a 'Forma Connected Client' as a transition tool. Autodesk emphasized continued investment in Revit but confirmed its long-term shift to Forma. Civil 3D and new tools like Forma Street Design are part of this transition, aiming to integrate more AEC workflows into Autodesk's cloud.

Autodesk CEO Andrew Anagnost introduced 'project intelligence' at AU26, aiming to boost productivity and creativity. The company unveiled a standalone Autodesk Assistant, a standalone, agent-first experience spanning Autodesk products and projects. Autodesk claims its Assistant uses specialized data and industry experience to act on work, not just respond to prompts. The company also highlighted updates to its Forma, Fusion, and Flow industry clouds, with a focus on architecture, engineering, an

Autodesk expands its Forma industry cloud, integrating Civil 3D and launching Forma Street Design. The updates aim to improve infrastructure workflows and project intelligence. According to Autodesk, the enhancements help teams manage complex projects with fewer resources by providing better data and context.

Analysts initiated coverage on five companies: Autodesk (ADSK) with a Neutral rating and $215 target, Installed Building (IBP) with a Buy rating and $240 target, Samsara (IOT) with an Overweight rating and $45 target, Nokia (NOK) with a Buy rating and $15 target, and Netskope (NTSK) with an Overweight rating and $21 target.

Wall Street analysts issued research calls on several companies. Eli Lilly (LLY) was upgraded to Buy with a $1,400 target, Etsy (ETSY) to Outperform with a $525 target, and New York Times (NYT) to Buy with an $82 target. Downgrades included Aptiv (APTV) to Neutral with a $56 target, Lear (LEA) to Neutral with a $150 target, and Magna (MGA) to Neutral with a $72 target. New initiations included Autodesk (ADSK) with a Neutral rating and $215 target, Rivian (RIVN) with a Neutral rating and $18 targ

Cantor Fitzgerald initiated coverage of Autodesk (ADSK) with a Neutral rating and $215 price target. The firm cites long-term growth potential from design software and AI investments but highlights near-term risks, including slower growth and acquisition integration.

AI stocks fell globally after industry leaders called for a slowdown due to safety concerns. Nvidia dropped 2.8%. Oil prices rose, pushing the 10-year Treasury yield to 5% briefly. The S&P 500 fell 0.3%, while the Dow and Nasdaq also declined. Softbank Group lost 10.7% in Tokyo. Trump downplayed the need for AI regulation. Oil prices climbed due to Middle East conflicts, impacting inflation expectations and bond yields.

Autodesk (ADSK) shares rose 6% after Q2 earnings beat expectations, with adjusted EPS of $3.30 and revenue of $2.1B. The company raised full-year guidance. Analysts give ADSK a 'Strong Buy' rating with a mean price target of $322.47, implying 52% upside. Dassault Systèmes (DASTY) has underperformed, down 15.2% YTD and 26.3% over 52 weeks.