BMO Capital raised the firm’s price target on Autodesk (ADSK) to $308 from $287 and keeps a Market Perform rating on the shares. Autodesk’s business model transition is progressing with peak billings impact over the next few quarters and notable impacts on revenue and margin next fiscal year, the analyst tells investors in a research note. The CFO hire was welcome, and BMO anticipates framing the margin story over the medium-term as a top priority.
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Read More on ADSK:
- Autodesk price target raised to $311 from $257 at Piper Sandler
- Autodesk Inc. Reports Strong Q3 Growth and Guidance
- ADSK Earnings: Autodesk Posts Earnings Beat and Announces New CFO
- Autodesk Reports Strong Q3 2025 Revenue Growth
- Autodesk appoints Janesh Moorjani as CFO
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
