Autodesk stock reaches 52-week high at 326.62 USD

Autodesk Inc. stock has reached a new milestone, hitting a 52-week high of 326.62 USD, with an impressive market capitalization of $69.83 billion. This achievement underscores a robust year for the company, as the stock has experienced a significant 1-year change of 30.37%. According to InvestingPro data, the company maintains exceptional gross profit margins of 92.04%. The surge in Autodesk’s stock price reflects investor confidence and positive market sentiment surrounding the company’s performance and future prospects, with revenue growing at 13.78% year-over-year. As Autodesk continues to innovate and expand its offerings, the stock’s upward trajectory highlights its strong position in the market. InvestingPro subscribers can access 14 additional investment tips and a comprehensive Pro Research Report for deeper analysis of this software industry leader.

In other recent news, Autodesk reported strong second-quarter earnings and revenue, which have prompted several financial firms to adjust their price targets for the company. UBS increased its price target to $385, noting the company’s robust revenue and billings growth as standout factors. Similarly, Macquarie raised its target to $380, maintaining an Outperform rating due to Autodesk’s consistent performance. Oppenheimer also raised its price target to $375, highlighting the company’s steady core revenue growth of 11% amidst broader economic challenges. RBC Capital adjusted its price target to $380, citing Autodesk’s strong results and improved fiscal year 2026 guidance as reasons for their continued confidence. Meanwhile, BMO Capital reiterated a Market Perform rating with a price target of $333, acknowledging the company’s stable growth and strong cash generation. These developments reflect the positive sentiment among analysts regarding Autodesk’s financial health and future prospects.

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