Autodesk Inc. ($ADSK) Stock Forecast: Down 6.1% Today

What is Autodesk Inc.?

Autodesk, Inc. is recognized for its design software products across various industries. The company has been acknowledged for its growth, innovation, and client commitment, along with receiving positive analyst ratings and demonstrating strong financial performance.

Why is Autodesk Inc. going down?

ADSK stock is down 6.1% on Apr 23, 2026 17:01

• Despite accolades and favorable analyst evaluations, Autodesk's stock faced a downward trend recently.
• Increased institutional investments by entities like the Teacher Retirement System of Texas and OVERSEA CHINESE BANKING Corp Ltd may have initially instilled confidence in the stock but did not sustain the positive momentum.
• The launch of AI enhancements and new products by Autodesk generated short-term interest but did not immediately translate into market gains, prompting investors to take profits.
• The recent decline in Autodesk's stock price might be attributed to profit-taking following positive developments and a minor market adjustment, rather than reflecting negatively on the company's long-term growth potential.

ADSK Price Chart

ADSK Technical Analysis

ADSK News

Graitec Celebrates Three Awards at Autodesk Platinum Awards 2026

Graitec, a global leader in AEC and manufacturing software solutions, received three awards at the Autodesk Platinum Club Awards 2026 for its growth, innovation, and client commitment across North America and Europe. The awards, including "Top A&E Growth Partner of the Year" for both Graitec USA and UK, and "Top D&M Growth Partner of the Year" for Graitec Innovation, were presented during the Autodesk One Team Conference 2026 in San Diego. Graitec's CEO, Manuel Liedot, and Autodesk's VP of Global Partner Ecosystem, Rachel Tuller, both highlighted the company's dedication to customer success and innovation.

https://www.morningstar.com/news/pr-newswire/20260423ny39867/graitec-celebrates-three-awards-at-autodesk-platinum-awards-2026

Teacher Retirement System of Texas Increases Stock Position in Autodesk, Inc. $ADSK

The Teacher Retirement System of Texas increased its stake in Autodesk, Inc. by 3.9% in the fourth quarter, bringing its total ownership to 371,695 shares valued at approximately $110 million. Despite some recent price target reductions by analysts, Autodesk holds a "Moderate Buy" consensus rating with an average target of $335.93. The company recently surpassed quarterly earnings and revenue estimates and provided positive guidance for FY2027 and Q1 2027.

https://www.marketbeat.com/instant-alerts/filing-teacher-retirement-system-of-texas-increases-stock-position-in-autodesk-inc-adsk-2026-04-23/

Autodesk rises as Jefferies starts with buy rating

Jefferies has initiated coverage on Autodesk (NASDAQ: ADSK) with a buy rating, citing the company's strong free cash flow and large, sticky recurring revenue base. The bank set a price target of $280 for Autodesk's stock, leading to a rise in ADSK shares in early trading.

http://www.msn.com/en-us/money/topstocks/autodesk-rises-as-jefferies-starts-with-buy-rating/ar-AA20XBe5?apiversion=v2&domshim=1&noservercache=1&noservertelemetry=1&batchservertelemetry=1&renderwebcomponents=1&wcseo=1&bundles=feat-es2020-c

OVERSEA CHINESE BANKING Corp Ltd Raises Position in Autodesk, Inc. $ADSK

OVERSEA CHINESE BANKING Corp Ltd increased its stake in Autodesk, Inc. (NASDAQ:ADSK) by 75.2% during the 4th quarter, bringing its total holdings to 11,736 shares valued at $3.47 million. Other institutional investors have also adjusted their positions in Autodesk, which currently has a market capitalization of $52.24 billion and an average analyst rating of "Moderate Buy." The software company recently reported strong earnings, beating consensus estimates with $2.85 EPS and $1.96 billion in revenue for the last quarter.

https://www.marketbeat.com/instant-alerts/filing-oversea-chinese-banking-corp-ltd-raises-position-in-autodesk-inc-adsk-2026-04-23/

Autodesk announces Fusion MCP servers and more AI updates

Autodesk has rolled out several AI enhancements, including the expansion of Autodesk Assistant across its design and manufacturing portfolio like Fusion and Inventor, capable of executing tasks and orchestrating actions on 3D models. Additionally, generative rendering is now live in Fusion, enabling photorealistic renders via the Assistant, with a monthly limit for subscribers. The company also introduced new public MCP servers for Fusion, facilitating connection to internal systems and automation of engineering workflows, with plans for more MCP servers in the future.

https://www.engineering.com/autodesk-announces-fusion-mcp-servers-and-more-ai-updates/

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Autodesk Inc. Price History

13.01.2026 - ADSK Stock was up 5.2%

• Autodesk's bullish movement could be attributed to the lawsuit against Google over trademark infringement, showcasing the company's commitment to protecting its intellectual property rights.
• The recent upgrades to a Buy rating by Wall Street analysts from Goldman Sachs and J.P. Morgan may have also contributed to the positive market sentiment, indicating confidence in Autodesk's future growth prospects.
• Freemont Management S.A.'s new investment in Autodesk further boosted investor confidence, signaling strong support from institutional investors.
• Overall, despite the legal challenges, Autodesk's strategic moves and positive financial performance have likely fueled investor optimism and drove the bullish movement in the stock price.

10.03.2026 - ADSK Stock was down 5.3%

• Autodesk's stock declined by 8.52% due to concerns related to accounting practices, a reevaluation of its value, and a general shift towards risk aversion in the software sector.
• The launch of "Managed Agents" by Anthropic, an AI company, sparked worries about the potential disruption of traditional SaaS models by AI technology, impacting Autodesk and similar stocks negatively.
• Lowered price targets for ADSK by industry analysts, influenced by regulatory investigations and a class action legal case, heightened investor apprehension and contributed to the downward trend in the stock price.
• Despite strong recent financial results, a combination of internal company issues and external market factors led to a significant drop in Autodesk's stock price during the day.

11.01.2026 - ADSK Stock was down 5.0%

• Autodesk's stock hit a 52-week low at $232.47, reflecting a 21.65% decrease over the past year due to various market challenges.
• The company announced a global restructuring plan, including a 7% workforce reduction, to redirect investments towards AI and cloud technologies.
• Despite receiving upgraded ratings from some analysts, the overall sentiment towards Autodesk seems to be impacted by the restructuring news and market challenges, leading to the bearish movement.

27.01.2026 - ADSK Stock was up 5.7%

• Autodesk (ADSK) observed a notable upward trend in the market today.
• The increased investment by institutional players like Handelsbanken Fonder AB and Erste Asset Management GmbH signals a growing confidence in the company's future.
• Strong Q4 earnings that surpassed both EPS and revenue estimates, along with the company's emphasis on AI technologies for future growth opportunities, are believed to have fostered a positive sentiment in the market.
• Despite a few analysts revising down their price targets, the general consensus on Autodesk remains a "Moderate Buy," underscoring the ongoing investor confidence in the stock.

09.03.2026 - ADSK Stock was down 9.9%

• The downtrend in Autodesk's stock today appears to be linked to profit-taking post a recent surge in the stock price.
• Market volatility and profit-taking, despite positive events like OFI Invest Asset Management acquiring a stake and strong quarterly earnings, may have influenced the decline.
• The stock initially surged due to favorable factors in the market such as the de-escalation of the U.S.-Iran conflict and a growth-friendly environment for software companies before the subsequent pullback.
• Investors are possibly reevaluating their positions in top-tier SaaS stocks post a prior correction this year, causing fluctuations in Autodesk's stock price despite favorable advancements.

09.03.2026 - ADSK Stock was down 5.6%

• The introduction of the Product Help MCP Server by Autodesk aims to improve AI assistants' capabilities with accurate and current information. While this move showcases a dedication to innovation, its impact on the stock price remains unclear.
• Following strong quarterly earnings and optimistic forecasts, OFI Invest Asset Management notably increased its holdings in Autodesk, potentially driving initial investor confidence. However, subsequent market movement suggests other influences at play.
• Despite an encouraging assessment from Morgan Stanley, which reiterated an Overweight rating on Autodesk and highlighted robust billings data, the stock saw a short-term decline, hinting at possible market volatility or investor profit-taking.
• Against the backdrop of a rising Nasdaq and growth-focused software firms benefiting from decreased geopolitical tensions, investors may have shifted their investments, leading to Autodesk's underperformance despite positive trading conditions.

12.01.2026 - ADSK Stock was down 5.2%

• Actions taken by ING Groep NV and Illinois Municipal Retirement Fund to decrease their holdings in Autodesk might have suggested doubts about the company's future performance, influencing the bearish trend.
• The stock's drop to a 52-week low could have been impacted by a global restructuring initiative and significant pre-tax expenses, prompting investor worries about the company's financial well-being.
• Despite the negative market movement, favorable assessments from financial entities like JPMorgan and Piper Sandler, acknowledging Autodesk's leadership in design software and advancements in Generative AI, could indicate potential for long-term growth, potentially alleviating some of the negative sentiment.
• All in all, factors such as adjustments in institutional investors' positions, the company's restructuring efforts, and positive analyst reviews may have collectively played a part in the stock's downturn today.

27.01.2026 - ADSK Stock was up 7.1%

• Notable institutional investors, including Xponance Inc. and Handelsbanken Fonder AB, have shown increased confidence in Autodesk by bolstering their holdings. This trend comes on the heels of the company surpassing Q4 earnings projections.
• The company's stellar Q4 performance, which outperformed expectations in both earnings and revenues, coupled with positive future guidance, has fueled the bullish movement in Autodesk's stock.
• Investors seem particularly drawn to Autodesk's advancements in AI technology and its success in the Architecture, Engineering, Construction, and Operations (AECO) sectors, reflecting a favorable outlook on the company.
• Additionally, the growing market enthusiasm for virtual content creation, as evidenced in recent research, may be a contributing factor to Autodesk's positive standing as a key industry player.

27.01.2026 - ADSK Stock was up 6.0%

• Autodesk (ADSK) experienced an upward trend in the market today following the release of its strong Q4 fiscal 2026 results.
• The company exceeded expectations with non-GAAP earnings of $2.85 per share and revenues of $1.95 billion, driven by significant growth in its AECO division, particularly in construction and emerging markets.
• Analysts have shown confidence in Autodesk's future prospects, notwithstanding concerns about more challenging comparisons and diminishing transactional model advantages anticipated in fiscal year 2027.
• Institutional investors such as Xponance Inc. and Handelsbanken Fonder AB have raised their investments in Autodesk, indicating trust in the company's capacity for growth and positive outlook for the forthcoming fiscal year.

23.03.2026 - ADSK Stock was down 6.1%

• Despite accolades and favorable analyst evaluations, Autodesk's stock faced a downward trend recently.
• Increased institutional investments by entities like the Teacher Retirement System of Texas and OVERSEA CHINESE BANKING Corp Ltd may have initially instilled confidence in the stock but did not sustain the positive momentum.
• The launch of AI enhancements and new products by Autodesk generated short-term interest but did not immediately translate into market gains, prompting investors to take profits.
• The recent decline in Autodesk's stock price might be attributed to profit-taking following positive developments and a minor market adjustment, rather than reflecting negatively on the company's long-term growth potential.

23.03.2026 - ADSK Stock was down 7.4%

• The increase in stake by institutional investors like the Teacher Retirement System of Texas and OVERSEA CHINESE BANKING Corp Ltd suggests confidence in Autodesk's future performance.
• The issuance of a buy rating and a $280 price target by Jefferies resulted in a boost in ADSK shares, reflecting positive sentiment towards the company.
• Notwithstanding the positive developments and solid financial performance, the decrease in Autodesk's stock today may be due to profit-taking by traders following a period of price increase.
• The unveiling of new AI enhancements and products like Fusion MCP servers and generative rendering by Autodesk highlights the company's dedication to innovation, potentially driving future growth, despite prevailing market conditions.

15.03.2026 - ADSK Stock was up 5.1%

• Autodesk's stock surged following an initiation of coverage with a 'Buy' rating and a $300 price target, as analysts highlighted the company's consistent double-digit growth and impressive margins.
• Analysts are optimistic about Autodesk due to its strong revenue growth and competitive advantage in the AEC industry, dismissing concerns about its future value.
• The positive market sentiment, influenced by improving economic conditions and geopolitical factors, likely played a role in the stock's upward trend.
• Overall, the endorsement from analysts and favorable market conditions drove Autodesk's stock higher today, reflecting confidence in the company's growth prospects and industry position.