​Autodesk, Inc. (NASDAQ:ADSK) is one of the Best SaaS Stocks to Buy Right Now. On December 11, Saket Kalia from Barclays reiterated a Buy rating on the stock with a $390 price target. Earlier on November 28, Taylor McGinnis from UBS also reiterated a Buy rating on Autodesk, Inc. (NASDAQ:ADSK) and also raised the price target from $385 to $400. ​The positive outlook on the stock follows the company’s fiscal Q3 2025 earnings release on November 25. During the quarter, the company grew its revenue by 18.03% ...

Core Insights - Autodesk, Inc. is a leader in 3D design, engineering, and entertainment software, serving industries such as architecture, engineering, construction, manufacturing, and media, with competitors including Adobe and Dassault Systèmes [1] Stock Performance - Over the past 30 days, ADSK has experienced a slight decline of 0.53%, with a further decrease of 0.38% in the 10-day trend, suggesting a potential strategic entry point for investors [2][6] - The stock has a projected price increase of 24.36%, indicating strong growth potential supported by Autodesk's market position and strategic initiatives [3][6] Financial Health - Autodesk has a robust financial standing, evidenced by a Piotroski Score of 8, reflecting solid fundamentals and efficient operations, which is reassuring for investors [4][6] - The target price for ADSK is set at $373.4, indicating significant potential for increase from current levels, reflecting analysts' confidence in the company's growth strategies [5]

Core Insights - Autodesk, Inc. is a leading provider of 3D design, engineering, and entertainment technology solutions with a market cap of $64.7 billion, operating globally across various regions [1][2] Financial Performance - Autodesk's stock reached a three-year high of $329.09 on September 8 and is currently trading 5.7% below that peak, with a 2.8% decline over the past three months, underperforming the SPDR S&P Software & Services ETF's 1.6% dip [3] - Year-to-date, Autodesk's stock has gained nearly 5%, with a 4.6% return over the past 52 weeks, contrasting with the XSW's 1.7% dip in 2025 and 4.8% decline over the past year [4] - Following the release of Q3 results on November 25, Autodesk's stock prices increased by 2.4%, with revenues soaring 18% year-over-year to $1.9 billion, surpassing expectations by 2.7% [5] Market Position and Analyst Sentiment - Autodesk has underperformed compared to its peer ANSYS, Inc., which saw an 11% surge in 2025 and 13.3% gains over the past 52 weeks [6] - Among 26 analysts covering Autodesk, the consensus rating is a "Strong Buy," with a mean price target of $370.72, indicating a 19.5% upside potential from current price levels [6]

Group 1 - Autodesk (ADSK) is nearing a key technical support level, attracting investor interest for potential buying opportunities, supported by strong fundamentals and steady demand for its design and engineering software [2][3] - The stock is currently trading within a support zone of $282.32 to $312.04, where it has historically rebounded, with an average peak return of 15.1% observed over the last 10 years [3] - Autodesk has shown consistent revenue growth of 13.8% over the last twelve months (LTM) and an average of 11.7% over the past three years, with a free cash flow margin of nearly 28.0% and an operating margin of 22.9% LTM [6] Group 2 - Autodesk's stock has experienced significant declines during major market downturns, including a 64% drop during the Dot-Com bubble and a nearly 77% decline during the Global Financial Crisis, as well as a 52% decline due to the inflation shock of 2022 [7] - The stock is currently trading at a price-to-earnings (PE) multiple of 60.7, indicating a high valuation relative to earnings [6] - Despite robust fundamentals, Autodesk remains vulnerable to sell-offs during periods of market turmoil, as well as declines triggered by earnings releases or business updates [8]

Core Insights - Autodesk, Inc. (ADSK) is a leading provider of 3D design, engineering, and entertainment technology solutions, with a market cap of $66.8 billion [1] - The company is expected to announce its fiscal third-quarter earnings for 2026 soon, with analysts predicting a profit of $1.78 per share, reflecting a 17.9% increase from the previous year [2] - For the full fiscal year, analysts anticipate an EPS of $6.90, which is a 17.8% increase from $5.86 in fiscal 2025, and an expected rise to $8.14 in fiscal 2027 [3] Performance Metrics - ADSK stock has underperformed compared to the S&P 500 Index, which gained 18.4% over the past 52 weeks, while ADSK shares increased by 9.6% [4] - The stock also lagged behind the Technology Select Sector SPDR Fund, which saw a 29.8% gain during the same period [4] Recent Financial Results - On August 28, ADSK reported Q2 results, with shares closing up more than 9% in the following trading session; adjusted EPS was $2.62, exceeding Wall Street's expectation of $2.44 [5] - The company's revenue for Q2 was $1.8 billion, surpassing forecasts of $1.7 billion, and it expects full-year adjusted EPS between $9.80 and $9.98, with revenue projected between $7 billion and $7.1 billion [5] Analyst Ratings - The consensus opinion on ADSK stock is bullish, with a "Strong Buy" rating from 19 out of 27 analysts; one analyst suggests a "Moderate Buy," and seven recommend a "Hold" [6] - The average analyst price target for ADSK is $364.96, indicating a potential upside of 16.4% from current levels [6]

Group 1: Company Comparison - Intuit has a lower Price to Operating Income (P/OpInc) valuation compared to Autodesk, yet it outperforms Autodesk in revenue and operating income growth [1][3] - The disparity between Intuit's valuation and performance suggests that investing in Intuit (INTU) may be more advantageous than Autodesk (ADSK) [3] - Autodesk operates in a more volatile design and engineering software sector, while Intuit benefits from a stable demand in the financial software market, which is less affected by economic cycles [3] Group 2: Investment Strategy - A diversified investment strategy, such as the Trefis High Quality Portfolio, is recommended to mitigate risks associated with investing in single stocks [4][6] - The Trefis High Quality Portfolio includes a mix of asset classes, aiming for better returns and protection against market downturns [4] - The portfolio has outperformed the S&P and achieved returns exceeding 105% since its launch, indicating its effectiveness [9] Group 3: Market Trends and Analysis - Evaluating Autodesk's stock price in relation to its performance metrics over the past year can provide insights into whether its current valuation is justified [8] - A significant reversal in Autodesk's revenue and operating income growth trends could indicate that the current stock price discrepancy may soon be resolved [8] - Ongoing underperformance in Autodesk's financial metrics would support the conclusion that its stock is overpriced relative to competitors [8]