Autodesk Inc (ADSK) shares rose 5% as the company reached a 5-day high following the announcement of a significant workforce reduction.
The company disclosed plans to lay off approximately 1,000 employees, representing about 7% of its workforce, as part of a $160 million restructuring initiative aimed at enhancing operational efficiency and driving margin growth. This strategic move is expected to conclude by Q4 FY2027 and has garnered positive investor sentiment, reflected in the stock's price increase. The restructuring is projected to incur pre-tax charges of approximately $135 million to $160 million, with a significant portion recognized in Q4 FY2026, which may impact short-term financial performance but is seen as a necessary step for long-term competitiveness.
The market reaction indicates strong investor confidence in Autodesk's strategic adjustments, which are designed to optimize resource allocation and align with industry trends. This restructuring is part of a broader effort to enhance profitability in the competitive design software market.
Wall Street analysts forecast ADSK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ADSK is 373.71 USD with a low forecast of 330.00 USD and a high forecast of 400.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
23 Analyst Rating
Wall Street analysts forecast ADSK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ADSK is 373.71 USD with a low forecast of 330.00 USD and a high forecast of 400.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
19 Buy
4 Hold
0 Sell
Strong Buy
Current: 268.330
Low
330.00
Averages
373.71
High
400.00
Current: 268.330
Low
330.00
Averages
373.71
High
400.00
Rothschild & Co Redburn
NULL -> Buy
initiated
$375
2026-01-09
Reason
Rothschild & Co Redburn
Price Target
$375
AI Analysis
2026-01-09
initiated
NULL -> Buy
Reason
Rothschild & Co Redburn initiated coverage of Autodesk with a Buy rating and $375 price target. The firm sees Autodesk's appeal at current trading levels as it forecasts the platform to deliver 5.0%-5.5% growth above its industries between 2024 and 2027, higher than the 3.5%-4% implied by consensus. The analyst sees growing demand for the company's converged solutions in architecture, engineering and construction workflows.
BTIG
NULL -> Buy
initiated
$365
2025-12-16
Reason
BTIG
Price Target
$365
2025-12-16
initiated
NULL -> Buy
Reason
BTIG initiated coverage of Autodesk with a Buy rating and $365 price target.
Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for ADSK
Unlock Now
BTIG
Nick Altmann
Buy
initiated
$365
2025-12-16
Reason
BTIG
Nick Altmann
Price Target
$365
2025-12-16
initiated
Buy
Reason
BTIG analyst Nick Altmann initiated coverage of Autodesk with a Buy rating and $365 price target. The firm believes the medium-term story on Autodesk is becoming much clearer and with a stronghold in is corer markets and new monetization opportunities coming online, it sees a path for continued disciplined and durable growth. The firm's checks tilted favorably and while there are several items to keep an eye on, Autodesk's strategy and innovation vision should address shortfalls surfaced in BTIG's customer conversations, the analyst tells investors in a research note.
Rosenblatt
Rosenblatt
Buy
maintain
$355 -> $375
2025-11-26
Reason
Rosenblatt
Rosenblatt
Price Target
$355 -> $375
2025-11-26
maintain
Buy
Reason
Rosenblatt raised the firm's price target on Autodesk to $375 from $355 and keeps a Buy rating on the shares after the company reported "solid" Q3 results and increased its FY26 revenue growth outlook. Autodesk has "performed well" despite ongoing macro turmoil and the implementation of its model changes, the analyst tells investors in a post-earnings note.
About ADSK
Autodesk, Inc. is engaged in three-dimensional (3D) design, engineering and entertainment technology solutions, spanning architecture, engineering, construction, product design, manufacturing, media and entertainment. Its architecture, engineering, construction and operations products improve the way building, infrastructure, and industrial projects are designed, built, and operated. Its product development and manufacturing software provides manufacturers in the automotive, transportation, industrial machinery, consumer products, and building product industries with comprehensive digital design, engineering, manufacturing, and production solutions. Its product offerings include AutoCAD Civil 3D, Autodesk Build, BIM Collaborate Pro, Revit, Tandem, AutoCAD, AutoCAD LT, Inventor, Vault, Maya, and 3ds Max. AutoCAD Civil 3D solution offers a surveying, design, analysis, and documentation solution for civil engineering, including land development, transportation, and environmental projects.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
