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.

With a short percentage of shares outstanding of 2.81%, Autodesk, Inc. (NASDAQ:ADSK) is among the 7 Best 3D Printing Stocks to Buy for Aerospace Components.

Autodesk, Inc. (NASDAQ:ADSK) announced a strategic collaboration with Amazon Web Services on June 3 aimed at advancing cloud-based design and engineering solutions for enterprise customers. Under the agreement, Autodesk products will be made available through AWS Marketplace beginning in the second quarter of Autodesk’s fiscal year, enabling streamlined procurement, billing efficiency, and broader accessibility for customers. The partnership also focuses on integrating AWS cloud and AI capabilities into Autodesk’s platform to enhance design, construction, and operational workflows across industries.

On June 1, Citi raised its price target on Autodesk, Inc. (NASDAQ:ADSK) to $252 from $246 while maintaining a Neutral rating. The firm described Autodesk’s quarterly results as strong, although it noted that slowing core business momentum could weigh on the stock in the near term.

Autodesk, Inc. (NASDAQ:ADSK) is a global software company headquartered in San Francisco, California, and was founded in 1982. The company develops 2D and 3D design, engineering, and construction software widely used across the architecture, manufacturing, and entertainment industries. Its tools enable advanced modeling, simulation, and visualization, including applications in aerospace and industrial manufacturing where additive production techniques are increasingly important.

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: 7 Best Water Infrastructure Stocks to Buy for Scarcity Trends and Top 10 Stocks That Members of Congress Own.

Disclosure: None.  Follow Insider Monkey on Google News.