Autodesk Inc (NASDAQ: ADSK) – Time For Strategy Change?

Autodesk Inc (NASDAQ:ADSK) currently has a daily average trading volume of 1.69M but it saw 2335258 shares traded in last market. With a market cap of 63.11B USD, the company’s current market price of $295.00 came rising about 0.71 while comparing to the previous closing price of $292.93. In past 52 weeks, the stock remained buoying in the range of price level as high as $326.62 and as low as $195.32.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Mizuho which upgraded the stock as “Outperform” in its note to investors issued on January 28, 2025, recommending a price target of between $280 and $400 for it. Piper Sandler upgraded its recommendation for the stock as a “Overweight” from “Neutral” on January 08, 2025 while assigning a price target range of $311-$357. Macquarie issued its recommendations for the stock as it initiated the price target for the stock is $380.

Over the week, ADSK’s stock price is moving -0.26% down while it is 11.56% when we observe its performance for the past one month. Year-to-date it is -0.19% down and over the past year, the stock is showing an upside performance of 33.24%.

Currently, Autodesk Inc’s total number of outstanding shares is 213.94M with 0.25% of that held by the insiders while 94.23% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 23.15% and return on equity (ROE) at 49.69%. It has a price to earnings ratio (P/E ratio) of 57.57 while having a 26.89 of forward P/E ratio. Stock’s beta reads 1.46. Stock has a price to book (P/B) ratio of 24.09 while price to sale or P/S ratio amounts to 10.33. Its return on asset (ROA) is 10.72% on average.