Autodesk Shares Rise as Analyst Upgrade Adds to Improving Sentiment

Autodesk (ADSK) is up 6.2% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is a recent Buy initiation from Guggenheim, which highlighted upside to revenue and billings, Autodesk’s entrenched position in design software, and resilience against AI disruption. The move also appears to be supported by improving confidence after Autodesk’s latest quarterly results, its MaintainX acquisition plan, and recent insider and institutional buying activity.

Details:

Guggenheim recently initiated coverage on Autodesk with a Buy rating and a $245 price target, arguing the company has a durable competitive position and favorable long-term revenue potential.

Autodesk said in its fiscal 2027 first-quarter release on May 28, 2026 that it raised full-year revenue and profit outlook, which helped reinforce the company’s growth narrative.

Autodesk also announced a $3.6 billion deal to acquire MaintainX, expanding further into operations workflows and giving investors another platform-growth angle.

An SEC Form 4 filed on June 23, 2026 showed director John T. Cahill purchased 2,000 shares, while recent fund filings show several institutional investors adding to positions.

Sources:

Autodesk Investor Relations, SEC, StreetInsider, MarketBeat

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$ADSK Insider Trading Activity

$ADSK insiders have traded $ADSK stock on the open market 5 times in the past 6 months. Of those trades, 5 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $ADSK stock by insiders over the last 6 months:

STACY J SMITH has made 2 purchases buying 3,435 shares for an estimated $794,054 and 0 sales.
ANDREW ANAGNOST (President and CEO) purchased 2,460 shares for an estimated $498,543
JANESH MOORJANI (EVP, Chief Financial Officer) purchased 2,500 shares for an estimated $494,174
JOHN T CAHILL purchased 2,000 shares for an estimated $378,400

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$ADSK Hedge Fund Activity

We have seen 483 institutional investors add shares of $ADSK stock to their portfolio, and 762 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO removed 2,275,500 shares (-99.8%) from their portfolio in Q1 2026, for an estimated $541,091,145
WELLINGTON MANAGEMENT GROUP LLP removed 1,189,341 shares (-63.7%) from their portfolio in Q1 2026, for an estimated $282,813,396
STARBOARD VALUE LP removed 1,001,733 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $238,202,090
POINT72 ASSET MANAGEMENT, L.P. removed 960,884 shares (-91.3%) from their portfolio in Q1 2026, for an estimated $228,488,606
PICTET ASSET MANAGEMENT HOLDING SA added 936,388 shares (+80.2%) to their portfolio in Q1 2026, for an estimated $222,663,702
FIRST TRUST ADVISORS LP added 636,528 shares (+137.7%) to their portfolio in Q1 2026, for an estimated $151,359,993
UBS GROUP AG added 540,669 shares (+115.4%) to their portfolio in Q1 2026, for an estimated $128,565,681

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$ADSK Congressional Stock Trading

Members of Congress have traded $ADSK stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $ADSK stock by members of Congress over the last 6 months:

SENATOR ALAN ARMSTRONG purchased up to $15,000 on 03/27.
SENATOR ANGUS S. KING JR. sold up to $15,000 on 02/13.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$ADSK Analyst Ratings

Wall Street analysts have issued reports on $ADSK in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Macquarie issued a "Outperform" rating on 02/27/2026

To track analyst ratings and price targets for $ADSK, check out Quiver Quantitative's $ADSK forecast page.

$ADSK Price Targets

Multiple analysts have issued price targets for $ADSK recently. We have seen 19 analysts offer price targets for $ADSK in the last 6 months, with a median target of $305.0.

Here are some recent targets:

Andrew DeGasperi from BNP Paribas set a target price of $295.0 on 06/18/2026
Tyler Radke from Citigroup set a target price of $252.0 on 06/01/2026
Blair Abernethy from Rosenblatt set a target price of $330.0 on 06/01/2026
Clark Wright from DA Davidson set a target price of $325.0 on 05/29/2026
Michael Turrin from Wells Fargo set a target price of $330.0 on 05/29/2026
Matthew Hedberg from RBC Capital set a target price of $305.0 on 05/29/2026
Daniel Jester from BMO Capital set a target price of $262.0 on 05/29/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.