Evaluating Autodesk: Insights From 17 Financial Analysts
Portfolio Pulse from Benzinga Insights
Autodesk (NASDAQ:ADSK) has been analyzed by 17 financial analysts, showing a range of opinions from bullish to bearish. The average 12-month price target has increased by 8.5% to $296.82. Analysts have raised their ratings and price targets, reflecting positive sentiment. Autodesk's financial health is strong, with notable revenue growth, net margin, ROE, and ROA, but it has a higher debt-to-equity ratio than the industry average.
September 27, 2024 | 2:00 pm
News sentiment analysis
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POSITIVE IMPACT
Autodesk has received positive analyst sentiment with an increase in the average 12-month price target by 8.5% to $296.82. Analysts have raised their ratings and price targets, indicating confidence in the company's future performance. Autodesk's financial health is strong, with impressive revenue growth, net margin, ROE, and ROA, although it has a higher debt-to-equity ratio than the industry average.
The increase in the average price target and the positive adjustments in ratings by multiple analysts suggest a bullish outlook for Autodesk. The company's strong financial metrics, such as revenue growth, net margin, ROE, and ROA, further support this positive sentiment. However, the higher debt-to-equity ratio poses a risk, but it is outweighed by the overall positive financial health.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100