Autodesk initiated at Buy due to 'ample upside potential' for FY27 revenue: Guggenheim

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Autodesk ( ADSK ) was initiated with a Buy rating by Guggenheim due to its ability to likely surpass estimates for its full-year fiscal 2027 revenue as well as in the years ahead. Guggenheim set a $245 price target on the stock.

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Guggenheim initiated coverage on Autodesk (ADSK) with a Buy rating and a price target of $245, citing the potential for fiscal year 2027 revenue to exceed expectations. This assessment highlights the possibility of robust earnings growth, drawing significant investor attention. Positive outlooks regarding future stock upside are spreading.

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