The Analyst Verdict: Autodesk In The Eyes Of 21 Experts
Portfolio Pulse from Benzinga Insights
Autodesk (NASDAQ:ADSK) was analyzed by 21 analysts, showing a mix of bullish to bearish sentiments. Recent ratings indicate a shift towards more positive views, with an average 12-month price target of $280.48, up 11.63% from the previous $251.25. Analysts from firms like Argus Research, Goldman Sachs, and Keybanc have adjusted their ratings and price targets, reflecting changes in market dynamics and Autodesk's performance. Financial indicators reveal Autodesk's lower market capitalization, positive revenue trend, below-average net margin, high ROE and ROA, and a concerning debt-to-equity ratio.
March 07, 2024 | 5:01 pm
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POSITIVE IMPACT
Autodesk's analyst ratings have improved, with a significant increase in the average price target to $280.48. Financial performance shows strong ROE and ROA but concerns over debt and net margin.
The positive shift in analyst sentiment and the increase in the average price target suggest optimism about Autodesk's future performance. However, the financial indicators highlight areas of concern, such as debt management and net margin, which could impact investor confidence. The high ROE and ROA indicate strong financial health, potentially offsetting some concerns.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100