Where Does Wall Street Think Autodesk, Inc. (ADSK) Stock Will Go?

Wall Street is positive on Autodesk, Inc. (ADSK). On average, analysts give ADSK a Strong Buy rating. The average price target is $334.2, which means analysts expect the stock to climb by 43.07% over the next twelve months. That average ranking earns ADSK an Analyst Rating of 63, which is better than 63% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating ADSK a Strong Buy today. Find out what this means to you and get the rest of the rankings on ADSK!

See Full ADSK Report

Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With Autodesk, Inc. Stock Today?

Autodesk, Inc. (ADSK) stock is trading at $233.59 as of 11:34 AM on Monday, Jan 24, a decline of -$5.60, or -2.34% from the previous closing price of $239.19. The stock has traded between $229.62 and $236.75 so far today. Volume today is low. So far 1,005,076 shares have traded compared to average volume of 1,407,942 shares. Click Here to get the full Stock Report for Autodesk, Inc. stock.