Autodesk shares slide as valuation concerns and recent price-target trims weigh on sentiment

Autodesk, Inc. (ADSK) is down 8.8% today. Here is some analysis on what might have caused this price movement.

Analysis: The drop looks most consistent with a valuation-driven reset rather than a single new headline, as investors react to a still-elevated earnings multiple and a recent string of analyst price-target reductions. This could also be amplified by broader risk-off trading in software names, which can make high-multiple stocks more volatile on down days.

Details:

During today’s session, ADSK traded sharply lower versus the prior close, extending a weak start to April after the stock’s recent pullback from prior highs.

At recent prices, Autodesk’s earnings multiple has remained high versus the software industry median in some market analytics, which can pressure shares when sentiment shifts toward “valuation discipline.”

In the past several weeks, multiple sell-side notes have reduced price targets (while often maintaining positive ratings), signaling more conservative near-term upside expectations even after solid results.

Autodesk’s latest annual filing discussed prior regulatory inquiries tied to an internal audit-committee investigation, noting the SEC matter was closed in August 2025; lingering governance/process overhangs can still influence investor risk premiums.

Sources:

AAII, U.S. Securities and Exchange Commission, Investing.com

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

$ADSK Hedge Fund Activity

We have seen 646 institutional investors add shares of $ADSK stock to their portfolio, and 616 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 10,158,819 shares (-76.3%) from their portfolio in Q4 2025, for an estimated $3,007,112,012
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added 2,275,384 shares (+44345.8%) to their portfolio in Q4 2025, for an estimated $673,536,417
JANUS HENDERSON GROUP PLC removed 1,831,079 shares (-88.7%) from their portfolio in Q4 2025, for an estimated $542,017,694
FARALLON CAPITAL MANAGEMENT LLC removed 1,662,852 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $492,220,820
FMR LLC added 1,244,920 shares (+30.3%) to their portfolio in Q4 2025, for an estimated $368,508,769
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 952,343 shares (+46.8%) to their portfolio in Q4 2025, for an estimated $281,903,051
WELLINGTON MANAGEMENT GROUP LLP added 950,149 shares (+103.5%) to their portfolio in Q4 2025, for an estimated $281,253,605

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$ADSK Congressional Stock Trading

Members of Congress have traded $ADSK stock 1 times in the past 6 months. Of those trades, 0 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 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.

$ADSK Analyst Ratings

Wall Street analysts have issued reports on $ADSK in the last several months. We have seen 6 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
BTIG issued a "Buy" rating on 12/17/2025
Deutsche Bank issued a "Buy" rating on 11/26/2025
Rosenblatt issued a "Buy" rating on 11/26/2025
Baird issued a "Outperform" rating on 11/26/2025
Citigroup issued a "Buy" rating on 11/14/2025

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 18 analysts offer price targets for $ADSK in the last 6 months, with a median target of $330.5.

Here are some recent targets:

Tyler Radke from Citigroup set a target price of $331.0 on 03/04/2026
Clarke Jeffries from Piper Sandler set a target price of $383.0 on 03/02/2026
Steve Koenig from Macquarie set a target price of $310.0 on 02/27/2026
Matthew Hedberg from RBC Capital set a target price of $335.0 on 02/27/2026
Michael Turrin from Wells Fargo set a target price of $350.0 on 02/27/2026
Blair Abernethy from Rosenblatt set a target price of $330.0 on 02/27/2026
Clark Wright from DA Davidson set a target price of $325.0 on 02/27/2026

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.