The Latest Breaking News from Autodesk

With the rising demand for advanced software products and services across various industries, prominent companies in this space, Autodesk (ADSK) and Adobe (ADBE), should witness increasing demand for their solutions. But the stocks of which of these two companies is a better buy now? Read more to find out.

Autodesk (NASDAQ:ADSK) has outperformed the market over the past 20 years by 11.42% on an annualized basis producing an average annual return of 18.56%. Currently, Autodesk has a market capitalization of $45.05 billion.

Citigroup has decided to maintain its Buy rating of Autodesk (NASDAQ:ADSK) and lower its price target from $286.00 to $264.00. Shares of Autodesk are trading down 1.6% over the last 24 hours, at $190.62 per share. A move to $264.00 would account for a 38.5% increase from the current share…

Within the last quarter, Autodesk (NASDAQ:ADSK) has observed the following analyst ratings:

The metaverse is the next step in technological advancement, aimed at creating multidimensional online spaces through augmented and virtual realities. Dubbed the next big thing in the technology space, industry leaders have been investing heavily to explore the metaverse. Thus, we think it could be wise to add quality metaverse…

Since the beginning of the year, the stock market has suffered a sell-off due to surging inflation, the potential for aggressive central bank interest rate hikes, and Russia’s invasion of Ukraine. However, the market seems to have digested much of the troubling news because it has rebounded from its recent…

Within the last quarter, Autodesk (NASDAQ:ADSK) has observed the following analyst ratings:

Benzinga’s after-hours earnings roundup aims to deliver quick details about a company's earnings report, its forward-looking guidance and any other notable details. The list is handpicked by the reporters on the Benzinga Pro Newsdesk team.

Autodesk (NASDAQ:ADSK) reported its Q4 earnings results on Thursday, February 24, 2022 at 04:00 PM. Here's what investors need to know about the announcement. Earnings Autodesk beat estimated earnings by 4.17%, reporting an EPS of $1.5 versus an estimate of $1.44.