William Blair analyst Dylan Becker has maintained their bullish stance on ADSK stock, giving a Buy rating today.
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Dylan Becker has given his Buy rating due to a combination of factors that highlight Autodesk’s strategic positioning and growth potential. The company’s strong alignment with AI advancements and its robust growth strategy were key themes during the analyst day presentations. Additionally, Autodesk’s shift towards a transaction model that fosters deeper customer relationships and its long-term financial framework for 2029 were discussed, reinforcing confidence in its future prospects.
Becker is optimistic about Autodesk’s ability to leverage industry-wide digitization trends, particularly as design, make, and operations workflows increasingly converge. This convergence is supported by Autodesk’s comprehensive data platform, which is expected to drive sustainable growth and margin expansion. As a result, the company is well-positioned to achieve compounded mid-teens growth in free cash flow per share, making it an attractive investment opportunity.
In another report released today, Barclays also maintained a Buy rating on the stock with a $385.00 price target.
Based on the recent corporate insider activity of 50 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ADSK in relation to earlier this year.