ADSK Price Prediction Next Week
Technical Analysis
The technical analysis shows ADSK is currently in a consolidation phase after reaching recent highs. The stock has formed a symmetrical triangle pattern, suggesting a potential breakout in either direction.
News Sentiment Analysis
Recent news indicates positive analyst sentiment for ADSK. Oppenheimer analyst Kenneth Wong maintains a Buy rating with a price target of $350.00, suggesting a significant upside potential of 24% from current levels. The overall analyst consensus remains Strong Buy with an average target of $354.75.
Fundamental Analysis
Autodesk received a 68% rating from Validea's Multi-Factor Investor model, indicating strong fundamentals in the Software & Programming industry. The company's performance metrics and valuation suggest room for growth.
Price Prediction for Next Week (March 4-8, 2025)
Based on technical indicators and news sentiment:
- Support levels: $275-$280
- Resistance levels: $295-$300
- Target price range: $285-$295
The stock is likely to trade within this range with an upward bias due to:
- Strong analyst ratings and price targets
- Positive fundamental indicators
- Favorable technical setup showing potential breakout
Trading Recommendation
BUY with entry point at current levels ($282-$285)
- Set stop loss at $275
- First target: $295
- Second target: $300
The probability of reaching the first target is approximately 70% based on technical indicators and positive analyst sentiment.
ADSK Similar Chart Price Prediction
The price of ADSK is predicted to go up 31.68%, based on the high correlation periods with TCRT. The similarity of these two price pattern on the periods is 95.76%.
ADSK
TCRT
Up: 31.68%Similarity: 95.76%
ADSK Revenue Forecast
ADSK EPS Forecast
ADSK FAQs
What is ADSK revenue forecast for next quarter？
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ADSK VS S&P500
Autodesk should be able to expand its annual recurring revenue based on growing average revenue per subscriber as construction modernization calls for more complex design and modeling features.
Autodesk should be able to capture a significant portion of the 12 million people using pirated versions of its software (as estimated by the company).
Operating leverage could be greater than expected as Autodesk benefits from significantly lower costs in marketing and advertising as a percentage of sales, due to the takeoff of its eStore.
ADSK Analyst's Forecast
Clarke Jeffries
Piper Sandler
Hold → Buy
2025-01-08
Price Target
$311 → $357
Upside
+18.51%
Piper Sandler analyst Clarke Jeffries upgraded Autodesk to Overweight from Neutral with a price target of $357, up from $311. While the "efficiency narrative" has been building since mid-last year, the post-Q3 pullback in the shares has created an attractive entry point for a stock "that felt a little crowded on the long-side" for much of the last six months, the analyst tells investors in a research note. Entering 2025, Piper sees a cleaner path for outperformance in the shares, which it believes are less reliant on better revenue growth via cyclical recovery and instead Autodesk-specific margin initiatives.
Steve Koenig
Macquarie
Buy
2024-12-12
Price Target
$380
Upside
+27.69%
Taylor McGinnis
UBS
Strong Buy
2024-12-02
Price Target
$350
Upside
+18.16%
