BNP Paribas Reiterates Buy Rating on Autodesk, Inc.
BNP Paribas maintains its buy rating on Autodesk, Inc. with a $295 price target.
Key Points
- BNP Paribas reiterated its buy rating on Autodesk, Inc. (ADSK) with a $295 price target on June 18, 2026.
- Autodesk shares traded at $195.86 with a market cap of $40.8 billion and a P/E ratio of 28.2.
- Insiders at Autodesk, including CEO Andrew Anagnost, have been active buyers, while analysts maintain a strong buy consensus.
BNP Paribas has reiterated its buy rating on Autodesk, Inc. (NasdaqGS: ADSK), setting a price target of $295. This update came on June 18, 2026, from analyst Andrew DeGasperi. At the time of the report, Autodesk shares were trading at $195.86.
Other Institutional Activity in Autodesk
BlackRock, Inc. trimmed its holdings in Autodesk by 57,142 shares, leaving it with 21.9 million shares valued at approximately $5.25 billion. Vanguard Capital Management LLC established a new position with 13.8 million shares worth about $3.3 billion. State Street Corp reduced its stake by 174,275 shares, bringing its total to just under 10 million shares valued at $2.39 billion. Geode Capital Management, LLC increased its holdings by 143,897 shares, now holding 5.8 million shares worth $1.39 billion.
Autodesk Stock Snapshot
Shares of Autodesk, Inc. (NasdaqGS: ADSK) traded at around $195.86. The company boasts a market cap of $40.8 billion and a P/E ratio of 28.2, with a forward P/E of 13.5. The stock has a 52-week low of $192.3 and a high of $329.09. Autodesk's beta is 1.295, indicating its stock is more volatile than the market.
Recent Earnings
Autodesk reported revenue of approximately $7.51 billion with a revenue growth of 18.4%. The company's net margin stands at 19.5%, and its return on equity is an impressive 50.4%. The next earnings report is expected on August 27, 2026.
Insider Buying and Selling at Autodesk, Inc.
Recent insider activity at Autodesk shows significant buying. On June 16, 2026, CEO Andrew Anagnost purchased 2,460 shares at an average price of $202.66. CFO Janesh Moorjani bought 2,500 shares on June 15, 2026, at $197.67. Earlier, on May 29, 2026, Stacy Smith acquired 3,435 shares at $231.17.
Analysts Set New Price Targets
On June 18, 2026, BNP Paribas reiterated its buy rating with a $295 price target for Autodesk. Other analysts have maintained their ratings: Citigroup holds at $252, Rosenblatt at $330, and DA Davidson at $325. The consensus among 32 analysts is a strong buy, with a mean price target of $319.27.
About Autodesk, Inc.
Autodesk, Inc. is a leading provider of 3D design, engineering, and entertainment software. Headquartered in San Francisco, California, the company offers a range of products including AutoCAD, Revit, and Maya, serving industries from architecture to media and entertainment. With Dr. Andrew Anagnost as CEO, Autodesk employs around 14,300 people globally.
Bottom Line
BNP Paribas's reiterated buy rating on Autodesk, with a $295 target, reflects confidence in its market position and growth potential. While insider buying suggests internal confidence, the strong buy consensus among analysts supports this outlook. As always, remember that 13F filings and analyst ratings are backward-looking and may not indicate current positions or future performance.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.