Should You Buy Autodesk Inc (ADSK) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/28
Buy for a long-term investor: Autodesk is showing strong fundamental momentum (FY2026 Q3 revenue +18% YoY, EPS +26% YoY) and Wall Street sentiment is broadly bullish with multiple Buy/Overweight reiterations and higher targets ($343–$390). While the chart is not yet in a clean uptrend (bearish moving-average stack) and insiders have been selling more recently, the restructuring catalyst and improving momentum indicators support initiating a position now for a beginner long-term portfolio with $50k–$100k available.
Technical Analysis
Trend/structure is mixed-to-bearish but improving at the margin. The moving averages are bearish (SMA_200 > SMA_20 > SMA_5), indicating the broader trend has not fully turned up yet. However, MACD histogram is positive and expanding (0.238), signaling strengthening upside momentum from recent lows, and RSI(6) at ~46.5 is neutral (not overbought), suggesting room to move without being stretched. Key levels: pivot ~265.68 (current pre-market ~268.7 is slightly above pivot), near-term resistance at ~275.91 then ~282.23; supports at ~255.44 then ~249.12. Near-term pattern-based odds lean slightly negative (model implies mild downside over 1 week/month), so volatility around the pivot zone is likely even if the long-term view is constructive.
