Barclays Maintains Overweight Rating on Autodesk (ADSK), Lifts PT

From Yahoo Finance: 2025-05-25 07:25:00

Barclays raised Autodesk Inc.’s (ADSK) price target to $355 following a strong Q1 FY2026 performance, with increased billings, revenue, and margins driven by higher e-store traffic.

Autodesk reported a 15% year-over-year revenue increase in FQ1, totaling $1.63 billion, with $78 million from the new transaction model. Revenue guidance for FY2026 ranges from $6.925 to $6.995 billion, facing uncertainties from geopolitical and macroeconomic factors.

Potential risks for Autodesk include disruption from sales and marketing optimization and the transition to a new Chief Revenue Officer. The Asia Pacific region shows softness due to economic turmoil, while the transition to the new transaction model is ongoing.

Autodesk Inc. (NASDAQ:ADSK) offers 3D design, engineering, and entertainment technology solutions worldwide. While ADSK has growth potential, some believe other AI stocks offer greater promise with higher returns and limited downside risk.

For more stock insights, check out reports on “30 Stocks That Should Double in 3 Years” and “11 Hidden AI Stocks to Buy Right Now” by Insider Monkey. No disclosure of any holdings in the article.

Read more: Barclays Maintains Overweight Rating on Autodesk (ADSK), Lifts PT