Oppenheimer Maintains “Outperform” Rating for Auto…
From Financial Modeling Prep: 2025-05-23 09:03:00
On May 23, 2025, Oppenheimer reaffirmed its “Outperform” rating for Autodesk (NASDAQ:ADSK), a company specializing in software for various industries. The stock was at $295 when Oppenheimer raised its price target to $350, showing confidence in its future. The recent Q1 2026 earnings call featured CEO Andrew Anagnost and CFO Janesh Moorjani, attracting analysts like Oppenheimer.
Autodesk’s stock price is currently $295, up 0.71% or $2.07, with a day range of $292.37 to $296.415. Over the past year, the stock has ranged from $195.32 to $326.62, highlighting its volatility and growth potential. The company’s market cap stands at around $63.1 billion, demonstrating its strong presence in the software industry.
With a trading volume of 2,253,069 shares on NASDAQ, Autodesk continues to draw investor interest. The insights shared during the recent earnings call likely influenced Oppenheimer’s decision to raise the price target. As Autodesk focuses on innovation and expansion, its stock remains a key point of interest for both investors and analysts looking for growth opportunities in the software sector.
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