Update shared on30 Aug 2025
Fair value Increased 4.23%Driven by Autodesk’s stronger-than-expected Q2 results, upgraded guidance, long-term margin expansion targets, and improved revenue prospects—partially offset by macro and margin model concerns—the consensus analyst price target has increased from $342.07 to $356.55.
Analyst Commentary
- Stronger-than-expected fiscal Q2 results and upgraded full-year (FY26) guidance, with revenue growth accelerating and beats across key operating metrics.
- Raised long-term non-GAAP operating margin targets (notably 41% by FY29/45% adjusted), highlighting significant projected margin expansion and improved operating efficiency.
- Positive medium- and long-term outlooks driven by successful restructuring actions, ongoing cost controls, and greater confidence in sustained double-digit core revenue and free cash flow growth.
- Bullish analysts cite transformative acquisition potential with PTC, which could drive upmarket expansion and cross-selling opportunities, though with some reservations about cost synergies.
- Bearish analysts and those with neutral stances remain cautious due to macroeconomic uncertainties and margin variability driven by new transaction model changes, advising prudence around near-term guidance.
What's in the News
- Autodesk is no longer pursuing an acquisition of PTC due to the high price, financial constraints, and resistance from major shareholder Starboard Value, confirming a pivot back to organic investments and targeted/tuck-in acquisitions (Bloomberg, Regulatory Filing, 2025-07-14).
- For Q3 FY2026, Autodesk guides revenue of $1.8–$1.81 billion and GAAP EPS of $1.34–$1.42; FY2026 guidance is for revenue of $7.025–$7.075 billion and GAAP EPS of $4.68–$5.09 (Autodesk guidance, 2025-08-28).
- Autodesk Construction Cloud has expanded integrations with GoFormz and Buildots, enhancing capabilities for field data collection, issue syncing, and project documentation, further strengthening Autodesk's ecosystem for construction management (GoFormz/Buildots client announcements, 2025-08-27 & 2025-08-14).
- Autodesk launched new, more accessible pricing for Flow Studio (formerly Wonder Studio), introducing a free tier and halving Lite plan pricing to $10/month, aiming to democratize AI-powered animation and VFX workflows for a broader range of creators (Product-Related Announcement, 2025-08-12).
- The integration of Flow Studio into Autodesk’s Media & Entertainment Collection at no additional cost furthers Autodesk's commitment to AI-driven content creation and provides scalable solutions for both individuals and studios (Product-Related Announcement, 2025-08-12).
Valuation Changes
Summary of Valuation Changes for Autodesk
- The Consensus Analyst Price Target has risen slightly from $342.07 to $356.55.
- The Future P/E for Autodesk has fallen from 51.23x to 48.36x.
- The Consensus Revenue Growth forecasts for Autodesk has risen slightly from 11.4% per annum to 11.9% per annum.
Disclaimer
AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.