In a report released yesterday, Elizabeth Porter from Morgan Stanley maintained a Buy rating on Autodesk, with a price target of $350.00.
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Elizabeth Porter has given his Buy rating due to a combination of factors tied to Autodesk’s resilience and earnings power. While the Architecture Billings Index still signals a contracting environment, the month‑over‑month improvement in billings, inquiries, and design contracts points to early signs of stabilization rather than continued deterioration.
At the company level, Porter highlights that Autodesk delivered another robust Q4, with consistent execution and FY27 guidance that supports upward estimate revisions. She views the firm as being in the early stages of a margin expansion cycle, with several levers to protect and grow profitability even amid soft end‑market demand and macro uncertainty, which underpins her favorable risk‑reward and Buy recommendation.
In another report released on March 4, Citi also maintained a Buy rating on the stock with a $331.00 price target.