Procore (PCOR) and Autodesk (ADSK) Poised for Growth in Construction Software Market | ADSK Stock News

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2 days ago
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An upcoming conference call scheduled for April 28 at 11 a.m. will shed light on the evolving landscape of the construction management software industry. The discussion, led by an Enterprise Software Analyst and a construction software industry expert, will explore emerging trends and opportunities driving the market.

Key players, Procore Technologies (PCOR) and Autodesk (ADSK, Financial), are expected to be at the forefront of these discussions as they undergo significant transformations in their sales strategies. The insights from this call could offer valuable perspectives for stakeholders looking to understand how these companies are adapting to industry shifts and what this means for their future growth prospects.

Wall Street Analysts Forecast

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Based on the one-year price targets offered by 27 analysts, the average target price for Autodesk Inc (ADSK, Financial) is $320.53 with a high estimate of $370.00 and a low estimate of $270.97. The average target implies an upside of 22.74% from the current price of $261.14. More detailed estimate data can be found on the Autodesk Inc (ADSK) Forecast page.

Based on the consensus recommendation from 32 brokerage firms, Autodesk Inc's (ADSK, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

Based on GuruFocus estimates, the estimated GF Value for Autodesk Inc (ADSK, Financial) in one year is $306.82, suggesting a upside of 17.49% from the current price of $261.14. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Autodesk Inc (ADSK) Summary page.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.