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Barchart
Barchart
Kritika Sarmah

Autodesk Stock Outlook: Is Wall Street Bullish or Bearish?

With a market cap of $63.8 billion, Autodesk, Inc. (ADSK) is a leading software company specializing in design, engineering, and digital content creation tools. Best known for products like AutoCAD, Revit, Fusion 360, and Maya, the San Francisco-based company serves industries such as architecture, construction, manufacturing, product design, and media/entertainment. 

Shares of the company have lagged behind the broader market over the past 52 weeks. ADSK stock has increased 2.4% over this time frame, while the broader S&P 500 Index ($SPX) has risen 13.2%. Moreover, shares of the company are up 1.3% on a YTD basis, lagging behind SPX's 14.5% gain.

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