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Wall Street Sees Major Upside in Autodesk, Inc. (ADSK) Ahead of Earnings
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The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational. Autodesk, Inc. (NASDAQ:ADSK) is among the stocks with the best earnings growth for the next 10 years. Saket Kalia, an analyst at Barclays, trimmed the price target on Autodesk, Inc. (NASDAQ:ADSK) to $300 from $315 and maintained an Overweight rating on May 13. The firm projects 5%-6% YoY growth in Q1 billings. With the Q1 report scheduled for May 28, analysts expect Autodesk, Inc. (NASDAQ:ADSK) to deliver an EPS between $2.83 and $2.87 in Q1 2027. Overall, the company is a Buy among 92% of analysts covering the stock, with the remaining 8% rating it Neutral. The consensus 1-year price target of $330 reflects a potential upside of approximately 40%. Back on May 12, BofA Securities resumed coverage on Autodesk, Inc. (NASDAQ:ADSK) with a Buy rating and a price target of $300. Previously, the firm had a Neutral rating on the stock. BofA believes the company’s data, 3D context, and 10-year-long AI investment provide “structural advantages that are hard to replicate.” Additionally, the company has been involved in its go-to-market modernization and technology shift to be “appropriately positioned for AI.” As the company sustains its momentum, it remains one of the stocks with the best earnings growth for the next decade. Autodesk, Inc. (NASDAQ:ADSK) is a California-based company that provides 3D design, engineering, and entertainment technology solutions. Incorporated in 1982, the company serves a wide range of markets, including engineering, construction, education, and entertainment. While we acknowledge the potential of ADSK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years Disclosure: None. Follow Insider Monkey on Google News.
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