Autodesk (ADSK) closed at $272.89, +0.52% from the previous day, below S&P 500’s gain. Shares rose 3.69% in the past month, outperforming the sector. Anticipated Q1 EPS is $2.14 (+14.44%) and revenue $1.61 billion (+13.39%). Zacks Rank #3 (Hold) with a Forward P/E of 28.63 and PEG ratio of 1.85.
Zacks names a top semiconductor stock with growth potential in AI and IoT. Global semiconductor market set to reach $803 billion by 2028. Stock recommendations available for free download. NVIDIA, a top player, has surged +800%, but this new stock has room to grow. Industry ranked in the bottom 43%.
Follow stock-moving metrics on Zacks.com. Semiconductor industry poised for growth in AI and IoT. Zacks Industry Rank at 143. Stay informed with Zacks Investment Research for stock recommendations and analysis. Global semiconductor market projected to reach $803 billion by 2028.
Read more at Nasdaq: Autodesk (ADSK) Rises Yet Lags Behind Market: Some Facts Worth Knowing