Latest news with #ADSK
Yahoo
2 days ago
- Business
- Yahoo
Citi Raises Autodesk (ADSK) Price Target, Maintains Buy Rating
On Tuesday, May 27, Citi analyst Tyler Radke increased the price target on Autodesk, Inc. (NASDAQ:ADSK) from $374 to $376 and kept a 'Buy' rating. This adjustment came after the company reported financial results for Q1 of fiscal 2026. According to Radke, the results were solid and showed a good balance of growth and margin performance. A software engineer using AutoCAD Civil 3D to create a 3D design in a modern office setting. During the quarter, Autodesk, Inc. (NASDAQ:ADSK) reported that it renewed several large Enterprise Business Agreements, with customers increasing their use of products like Autodesk Construction Cloud, Revit, and Fusion. The company continued the rollout of the transaction-based model, which helped improve margin efficiency. This led to an increase in targets for the company's annual operating margin and free cash flow. Despite this impressive performance in Q1 of fiscal 2026, Autodesk, Inc. (NASDAQ:ADSK) kept its full-year revenue forecast but adjusted its billing targets to reflect account currency changes and the transaction-based model. According to Citi, the updated outlook seems reasonable given the current economic environment. Citi's analysis noted that Autodesk, Inc.'s (NASDAQ:ADSK) outlook is more optimistic than the conservative guidance provided by other companies in the vertical software market. Autodesk, Inc. (NASDAQ:ADSK) is a global software corporation that provides software products and services for the architecture, engineering, construction, product design, manufacturing, media, and entertainment industries. While we acknowledge the potential of ADSK as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ADSK and that has a 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: 11 Stocks That Will Bounce Back According To Analysts and 11 Best Stocks Under $15 to Buy According to Hedge Funds. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
Citi Raises Autodesk (ADSK) Price Target, Maintains Buy Rating
On Tuesday, May 27, Citi analyst Tyler Radke increased the price target on Autodesk, Inc. (NASDAQ:ADSK) from $374 to $376 and kept a 'Buy' rating. This adjustment came after the company reported financial results for Q1 of fiscal 2026. According to Radke, the results were solid and showed a good balance of growth and margin performance. A software engineer using AutoCAD Civil 3D to create a 3D design in a modern office setting. During the quarter, Autodesk, Inc. (NASDAQ:ADSK) reported that it renewed several large Enterprise Business Agreements, with customers increasing their use of products like Autodesk Construction Cloud, Revit, and Fusion. The company continued the rollout of the transaction-based model, which helped improve margin efficiency. This led to an increase in targets for the company's annual operating margin and free cash flow. Despite this impressive performance in Q1 of fiscal 2026, Autodesk, Inc. (NASDAQ:ADSK) kept its full-year revenue forecast but adjusted its billing targets to reflect account currency changes and the transaction-based model. According to Citi, the updated outlook seems reasonable given the current economic environment. Citi's analysis noted that Autodesk, Inc.'s (NASDAQ:ADSK) outlook is more optimistic than the conservative guidance provided by other companies in the vertical software market. Autodesk, Inc. (NASDAQ:ADSK) is a global software corporation that provides software products and services for the architecture, engineering, construction, product design, manufacturing, media, and entertainment industries. While we acknowledge the potential of ADSK as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ADSK and that has a 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: 11 Stocks That Will Bounce Back According To Analysts and 11 Best Stocks Under $15 to Buy According to Hedge Funds. Disclosure: None.
Entrepreneur
3 days ago
- Business
- Entrepreneur
3 New Strong Buy Ratings from Top-Rated Analysts: 05/29/2025
Why United Airlines (UAL) is flying high, plus 2 more stocks getting some love from the smart money crowd… This story originally appeared on WallStreetZen Here's what analysts are bullish on as of 5/29/2025, as sourced from our most popular stock screener: Autodesk ( ADSK ) enjoys consensus-beating earnings results enjoys consensus-beating earnings results Why things could be turning around for United Airlines ( UAL ) There's a lot to like about Science Applications International (SAIC) P.S. Get more alerts like this daily … Try WallStreetZen Premium. This is the company behind flagship software products like AutoCAD, Revit, 3ds Max, and Maya. It has its fingers in many pies, from architecture and construction to manufacturing and entertainment. With multiple mature software ecosystems at work, the company is now focused on expanding into other high-margin areas, supported by a pretty hefty checkbook. Zen Rating: B (Buy) — see full analysis > Recent Price: $299.66 — get current quote > Max 1-year forecast: $374.00 Why we're watching: ADSK has attracted a fair bit of attention from Wall Street — at present, 21 analysts cover the stock, which currently has 9 Strong Buy ratings, 5 Buy ratings, and 7 Hold ratings. See the ratings Notably, Michael Turrin of Wells Fargo (a top 24% rated analyst) maintained a Strong Buy rating after the company's Q1 2026 earnings call, and increased his price target from $345 to $360. Turrin called the quarter's results consensus-beating and noted that Autodesk's transaction model was behind management hiking its FY 2026 billings guidance. Autodesk did not hike its revenue guide in step with the billings move, the analyst noted, calling the decision "prudent." Looking ahead, Turrin told readers that Wells Fargo is bullish on Autodesk's prospects for durable growth and further margin expansion. Autodesk stock has a Zen Rating of B, and currently ranks in the top 7% of stocks on the whole. Strong Financials are ADSK's greatest advantage — in this regard, the business ranks in the 97th percentile of publicly-traded companies. (See all 7 Zen Component Grades here >) 2. United Airlines (NASDAQ: UAL) The largest airline in the United States, United Airlines, has seen stock price dip quite significantly since the start of the year. However, Wall Street remains undeterred — and in view of easing macro and sectoral conditions, analysts are projecting quite a significant upside for the now-undervalued travel titan. Zen Rating: B (Buy) — see full analysis > Recent Price: $78.40 — get current quote > Max 1-year forecast: $140.00 Why we're watching: UAL is covered by 12 analysts, all of whom issue positive ratings. The stock currently has 9 Strong Buy ratings, 3 Buy ratings, and 0 Hold, Sell, or Strong Sell ratings. See the ratings In addition, the average 12-month price forecast for United Airlines shares currently sits at $105.17, a figure that implies a 40.88% upside. UBS analyst Thomas Wadewitz (a top 20% rated analyst) recently upgraded UAL to a Strong Buy, and hiked his price target from $67 to $105. Recent tariff relief from the 90-day agreement with China and the framework with the UK support a shift in the base case from a downturn in the economy to stability and slow growth, Wadewitz said. A more stable economic backdrop and the recent rebound in the U.S. equity market give UBS increased confidence in the resilience of international and premium revenue, which had been its primary cyclical concern for both Delta and United. Their firm now expects pressure on total revenue per available seat mile to ease and transition to 3% TRASM growth in 2026. United Airlines stock has a Zen Rating of B, and ranks in the top 6% of stocks on the whole. Since UAL shares have lost 18.07% in value since the start of the year, the stock is at a pretty substantial discount at the moment — and ranks in the top 8% of equities in terms of its Value Component Grade rating. (See all 7 Zen Component Grades here >) 3. Science Applications International (NASDAQ: SAIC) Currently one of the highest-rated stocks in the information technology service sector (read more about why industry matters here), SAIC enjoys sizable (and steady) inflows from government contracts.. With deep client relationships, steady contract wins, and a growing focus on emerging technologies like AI and digital engineering, the business offers investors a stable, tech-driven defense play with consistent cash flow and long-term government demand. Zen Rating: A (Strong Buy) — see full analysis > Recent Price: $119.73 — get current quote > Max 1-year forecast: $140.00 Why we're watching: At present, 6 analysts cover SAIC shares — 2 have given them a Strong Buy rating, while the remaining 4 ratings are Holds. See the ratings The Street-high price target of $140 was issued by JP Morgan's Seth Seifman (a top 9% rated analyst), who reiterated a Strong Buy rating on April 15 and cut his price forecast from $148. The other Strong Buy rating comes from Wells Fargo researcher Matthew Akers (a top 6% rated analyst), who currently has a $132 price target on Science Applications International stock. Top-rated analysts are obviously bullish — yet overall sentiment is mixed. However, our Zen Ratings System rates SAIC an A and ranks it in the top 2% of stocks based on a holistic analysis of 115 factors. based on a holistic analysis of 115 factors. As of the time of writing, the stock was trading at a price-to-earnings (P/E) ratio of just 16.22x, far below the market average of 21.18x. More broadly, it ranks in the top 2% of equities in terms of Value. However, SAIC also ranks quite highly in terms of Safety and Growth — categories in which it is currently in the top 11% and 13% of stocks, respectively. (See all 7 Zen Component Grades here >) What to Do Next?
Yahoo
5 days ago
- Business
- Yahoo
BMO Capital Maintains Market Perform rating on Autodesk (ADSK), Lifts PT
On May 23, BMO Capital Markets adjusted its stance on Autodesk, Inc. (NASDAQ:ADSK)'s stock, raising its price objective to $333 from the prior target of $324, while maintaining a 'Market Perform' rating. The decision was backed by the company's healthy start to FY 2026, exceeding expectations with its billings and offering favourable commentary related to its business model transition. A software engineer using AutoCAD Civil 3D to create a 3D design in a modern office setting. In Q1 2026, the company saw billings of $1,434 million, reflecting a YoY growth of 29%. This growth stemmed from the shift to annual billings for most multi-year contracts and a pivot to the new transaction model. During the quarter, the contribution from the new transaction model to billings amounted to $105 million. Autodesk, Inc. (NASDAQ:ADSK) exhibited resilience in its demand conditions amidst a tough macroeconomic environment. BMO Capital's analyst Daniel Jester mentioned that the company considered incremental conservatism in its billings guidance for the fiscal year. Since February, the US dollar depreciated against major currencies, while the macroeconomic uncertainty has increased. Therefore, the increases in the company's billings, revenue, and FCF dollar guidance ranges imply the foreign exchange movements. This is partly offset by additional caution in its underlying growth assumptions. For FY 2026, Autodesk, Inc. (NASDAQ:ADSK) expects billings of between $7,160 million - $7,310 million, revenue of between $6,925 million - $6,995 million, and FCF of $2,100 million - $2,200 million. Autodesk, Inc. (NASDAQ:ADSK) offers 3D design, engineering, and entertainment technology solutions. While we acknowledge the potential of ADSK to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ADSK and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. Sign in to access your portfolio
Yahoo
5 days ago
- Business
- Yahoo
BMO Capital Maintains Market Perform rating on Autodesk (ADSK), Lifts PT
On May 23, BMO Capital Markets adjusted its stance on Autodesk, Inc. (NASDAQ:ADSK)'s stock, raising its price objective to $333 from the prior target of $324, while maintaining a 'Market Perform' rating. The decision was backed by the company's healthy start to FY 2026, exceeding expectations with its billings and offering favourable commentary related to its business model transition. A software engineer using AutoCAD Civil 3D to create a 3D design in a modern office setting. In Q1 2026, the company saw billings of $1,434 million, reflecting a YoY growth of 29%. This growth stemmed from the shift to annual billings for most multi-year contracts and a pivot to the new transaction model. During the quarter, the contribution from the new transaction model to billings amounted to $105 million. Autodesk, Inc. (NASDAQ:ADSK) exhibited resilience in its demand conditions amidst a tough macroeconomic environment. BMO Capital's analyst Daniel Jester mentioned that the company considered incremental conservatism in its billings guidance for the fiscal year. Since February, the US dollar depreciated against major currencies, while the macroeconomic uncertainty has increased. Therefore, the increases in the company's billings, revenue, and FCF dollar guidance ranges imply the foreign exchange movements. This is partly offset by additional caution in its underlying growth assumptions. For FY 2026, Autodesk, Inc. (NASDAQ:ADSK) expects billings of between $7,160 million - $7,310 million, revenue of between $6,925 million - $6,995 million, and FCF of $2,100 million - $2,200 million. Autodesk, Inc. (NASDAQ:ADSK) offers 3D design, engineering, and entertainment technology solutions. While we acknowledge the potential of ADSK to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ADSK and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
