Autodesk Receives Buy Rating, $365 Price Target

BTIG initiated coverage of Autodesk on December 17, assigning a Buy rating and a $365 price target. The firm cited Autodesk's strong CAD and BIM position plus expansion into industry-specific cloud collections like Forma, Fusion and Flow, which it says will enlarge the company's total addressable market and monetization opportunities. BTIG also deems Autodesk's FY29 operating-margin target of +41% feasible.
Key Points
- 1Initiates coverage with Buy rating and $365 price target by BTIG on December 17
- 2Highlights Autodesk's CAD/BIM strength and new industry cloud collections expanding total addressable market
- 3Signals potential margin improvement and monetization avenues, supporting FY29 operating-margin target of +41%
Scoring Rationale
Company-focused initiation offers actionable analyst insight; limited novelty and single-source coverage constrain broader industry impact.
Sources
Public references used for this report.
Practice with real Ad Tech data
90 SQL & Python problems · 15 industry datasets
250 free problems · No credit card
See all Ad Tech problems
