- Autodesk (ADSK, Financial) adds two new independent board members, enhancing leadership diversity.
- Analysts project a potential 19.52% upside for ADSK based on average price targets.
- Current "Outperform" status reflects strong market confidence in Autodesk's growth.
Autodesk (ADSK) has recently strengthened its board by appointing Jeff Epstein and Christie Simons as independent members, following an agreement with Starboard Value. Initially, they will join as non-voting observers, with plans to become full voting members after the upcoming annual meeting. This strategic move, however, coincided with a 1.4% dip in early trading shares.
Wall Street Analysts Forecast
According to the one-year price targets given by 27 analysts, Autodesk Inc (ADSK, Financial) holds an average target price of $316.07, featuring a high estimate of $370.00 and a low estimate of $259.47. This average target signifies a potential upside of 19.52% from the present price of $264.44. For more in-depth estimate details, visit the Autodesk Inc (ADSK) Forecast page.
Based on the collective insight from 32 brokerage firms, Autodesk Inc (ADSK, Financial) is currently rated at 2.0, which corresponds to an "Outperform" level. The rating scale goes from 1 to 5, where 1 represents a Strong Buy, and 5 indicates a Sell.
GuruFocus's evaluation suggests that Autodesk Inc (ADSK, Financial) has a projected GF Value of $306.82 over the next year, proposing an upside of 16.03% from the existing price of $264.44. GF Value is determined using historical stock multiples, past growth, and future performance estimates. For additional details, explore the Autodesk Inc (ADSK) Summary page.
