Últimas noticias sobre Autodesk (NASDAQ:ADSK) Bolsa

Autodesk

Founded in 1982, Autodesk is an application software company that serves industries in architecture, engineering, and construction; product design and manufacturing; and media and entertainment. Autodesk software enables design, modeling, and rendering needs of these industries. The company has over 4 million paid subscribers across 180 countries.

Autodesk Inc

Analysts' ratings for Autodesk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>) over the last quarter vary from bullish to bearish, as provided by 21 analysts.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">6</td>
<td align="right">8</td>
<td align="right">7</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">5</td>
<td align="right">5</td>
<td align="right">6</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Autodesk, revealing an average target of $304.81, a high estimate of $355.00, and a low estimate of $257.00. Witnessing a positive shift, the current average has risen by 8.72% from the previous average price target of $280.37.
<img src="https://www.benzinga.com/files/images/story/2024/1731686419_0_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
The standing of Autodesk among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Adam Borg</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$340.00</td>
<td>$320.00</td>
</tr>
<tr>
<td>Saket Kalia</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$355.00</td>
<td>$310.00</td>
</tr>
<tr>
<td>Michael Turrin</td>
<td>Wells Fargo</td>
<td>Announces</td>
<td>Overweight</td>
<td>$340.00</td>
<td>-</td>
</tr>
<tr>
<td>Keith Weiss</td>
<td>Morgan Stanley</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$320.00</td>
<td>$320.00</td>
</tr>
<tr>
<td>William Jellison</td>
<td>DA Davidson</td>
<td>Announces</td>
<td>Neutral</td>
<td>$260.00</td>
<td>-</td>
</tr>
<tr>
<td>Tyler Radke</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$325.00</td>
<td>$316.00</td>
</tr>
<tr>
<td>Kash Rangan</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Neutral</td>
<td>$295.00</td>
<td>$225.00</td>
</tr>
<tr>
<td>Stephen Bersey</td>
<td>HSBC</td>
<td>Raises</td>
<td>Buy</td>
<td>$299.00</td>
<td>$242.00</td>
</tr>
<tr>
<td>Blair Abernethy</td>
<td>Rosenblatt</td>
<td>Raises</td>
<td>Buy</td>
<td>$295.00</td>
<td>$290.00</td>
</tr>
<tr>
<td>Michael Funk</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Neutral</td>
<td>$285.00</td>
<td>$260.00</td>
</tr>
<tr>
<td>Nay Soe Naing</td>
<td>Berenberg</td>
<td>Raises</td>
<td>Hold</td>
<td>$299.00</td>
<td>$286.00</td>
</tr>
<tr>
<td>Saket Kalia</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$310.00</td>
<td>$275.00</td>
</tr>
<tr>
<td>Matthew Hedberg</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$313.00</td>
<td>$290.00</td>
</tr>
<tr>
<td>Daniel Jester</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$287.00</td>
<td>$254.00</td>
</tr>
<tr>
<td>Clarke Jeffries</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$257.00</td>
<td>$239.00</td>
</tr>
<tr>
<td>Adam Borg</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$320.00</td>
<td>$290.00</td>
</tr>
<tr>
<td>Ken Wong</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$300.00</td>
<td>$275.00</td>
</tr>
<tr>
<td>Matthew Broome</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Neutral</td>
<td>$260.00</td>
<td>$230.00</td>
</tr>
<tr>
<td>Keith Weiss</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$320.00</td>
<td>$305.00</td>
</tr>
<tr>
<td>Tyler Radke</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$316.00</td>
<td>$295.00</td>
</tr>
<tr>
<td>Jason Celino</td>
<td>Keybanc</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$305.00</td>
<td>$305.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Autodesk. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Autodesk compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Autodesk's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Autodesk's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/ADSK/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Autodesk analyst ratings.</a>
<h2>Discovering Autodesk: A Closer Look</h2>
Founded in 1982, Autodesk is an application software company that serves industries in architecture, engineering, and construction; product design and manufacturing; and media and entertainment. Autodesk software enables design, modeling, and rendering needs of these industries. The company has over 4 million paid subscribers across 180 countries.
<h3>Unraveling the Financial Story of Autodesk</h3>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Growth: Autodesk's remarkable performance in 3 months is evident. As of 31 July, 2024, the company achieved an impressive revenue growth rate of 11.9%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.
Net Margin: Autodesk's net margin is impressive, surpassing industry averages. With a net margin of 18.74%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Autodesk's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 12.17%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Autodesk's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 2.85%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Autodesk's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.05, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>What Are Analyst Ratings?</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

ADSK

Analyst Scoreboard: 21 Ratings For Autodesk

Stifel analyst Adam Borg maintains Autodesk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>) with a Buy and raises the price target from $320 to $340.

News

Price Target

Stifel Maintains Buy on Autodesk, Raises Price Target to $340

Barclays analyst Saket Kalia maintains Autodesk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>) with a Overweight and raises the price target from $310 to $355.

Barclays Maintains Overweight on Autodesk, Raises Price Target to $355

Hedge Funds

General

MTCH

Starboard Value's Q3 2024 13F Filing Reveals New Stakes In Autodesk With 1.85M Shares, Match Group With 9.56M Shares

Trane Technologies, Autodesk Enter Strategic Collaboration Aimed At Optimizing Commercial Building Design For Sustainability

WIIM

ACIW

ADBE

ADEA

AEYE

AGYS

AISP

AIXI

ALKT

ANSS

APPF

APPN

ARBK

ASAN

BILL

BLKB

BRZE

BTCM

BTCS

BTCT

CCSI

CIFR

CRWD

CVLT

CWAN

CYBR

DATS

DJCO

DOCU

DOMO

EGAN

EVCM

FICO

FTNT

GRYP

GTLB

HTCR

HUBS

IDAI

IDCC

INTA

INTU

IREN

KVYO

LMFA

MANH

MAWSON INFRSTRUCTURE GRP by Mawson Infrastructure Group Inc.

MIGI

MNDY

MSTR

NCNO

ORCL

PANW

PCOR

PLTR

SDIG

SLNH

SNPS

SOUN

SPNS

SPSC

SSTI

TENB

VRNS

WDAY

XTKG

ZETA

Shares of software companies are trading higher in sympathy with overall market strength after Donald Trump was elected president of the United States.

Deep-pocketed investors have adopted a bullish approach towards Autodesk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ADSK usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 9 extraordinary options activities for Autodesk. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 66% leaning bullish and 11% bearish. Among these notable options, 4 are puts, totaling $134,100, and 5 are calls, amounting to $256,655.
<h3>Predicted Price Range</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $220.0 to $300.0 for Autodesk over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Autodesk's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Autodesk's whale trades within a strike price range from $220.0 to $300.0 in the last 30 days. 
<h3>Autodesk Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730918803_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ADSK</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$26.3</td>
<td>$24.3</td>
<td>$25.6</td>
<td>$290.00</td>
<td>$64.0K</td>
<td>556</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>ADSK</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$28.0</td>
<td>$27.4</td>
<td>$27.95</td>
<td>$280.00</td>
<td>$58.6K</td>
<td>1.8K</td>
<td style="text-align: right;">53</td>
</tr>
<tr>
<td>ADSK</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$28.9</td>
<td>$28.3</td>
<td>$28.6</td>
<td>$280.00</td>
<td>$54.3K</td>
<td>1.8K</td>
<td style="text-align: right;">27</td>
</tr>
<tr>
<td>ADSK</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$1.7</td>
<td>$0.75</td>
<td>$0.9</td>
<td>$220.00</td>
<td>$45.0K</td>
<td>1.2K</td>
<td style="text-align: right;">500</td>
</tr>
<tr>
<td>ADSK</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$89.5</td>
<td>$86.1</td>
<td>$87.0</td>
<td>$220.00</td>
<td>$43.5K</td>
<td>376</td>
<td style="text-align: right;">5</td>
</tr>
</tbody>
</table>

<h3>About Autodesk</h3>
Founded in 1982, Autodesk is an application software company that serves industries in architecture, engineering, and construction; product design and manufacturing; and media and entertainment. Autodesk software enables design, modeling, and rendering needs of these industries. The company has over 4 million paid subscribers across 180 countries.
In light of the recent options history for Autodesk, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Where Is Autodesk Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 883,823, with ADSK's price up by 3.26%, positioned at $301.31.</li>
<li>RSI indicators show the stock to be may be overbought.</li>
<li>Earnings announcement expected in 20 days.</li>
</ul>
<h3>Professional Analyst Ratings for Autodesk</h3>
In the last month, 1 experts released ratings on this stock with an average target price of $340.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; In a cautious move, an analyst from Wells Fargo downgraded its rating to Overweight, setting a price target of $340. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Autodesk options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

Markets

Check Out What Whales Are Doing With ADSK

Autodesk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>) has outperformed the market over the past 20 years by 3.91% on an annualized basis producing an average annual return of 12.23%. Currently, Autodesk has a market capitalization of $62.24 billion. 
Buying $1000 In ADSK: If an investor had bought $1000 of ADSK stock 20 years ago, it would be worth $10,019.77 today based on a price of $288.82 for ADSK at the time of writing.
<h3>Autodesk's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730322011_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Trading Ideas

If You Invested $1000 In This Stock 20 Years Ago, You Would Have $10,000 Today

High-rolling investors have positioned themselves bullish on Autodesk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>), and it's important for retail traders to take note. 
\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in ADSK often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 8 options trades for Autodesk. This is not a typical pattern.
The sentiment among these major traders is split, with 62% bullish and 37% bearish. Among all the options we identified, there was one put, amounting to $120,270, and 7 calls, totaling $1,593,200.
<h3>Predicted Price Range</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $260.0 and $290.0 for Autodesk, spanning the last three months.
<h3>Insights into Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Autodesk's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Autodesk's significant trades, within a strike price range of $260.0 to $290.0, over the past month.
<h3>Autodesk Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729608348_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ADSK</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$22.4</td>
<td>$22.1</td>
<td>$22.2</td>
<td>$280.00</td>
<td>$333.0K</td>
<td>2.4K</td>
<td style="text-align: right;">400</td>
</tr>
<tr>
<td>ADSK</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$22.9</td>
<td>$21.4</td>
<td>$21.6</td>
<td>$280.00</td>
<td>$324.0K</td>
<td>2.4K</td>
<td style="text-align: right;">150</td>
</tr>
<tr>
<td>ADSK</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$20.1</td>
<td>$19.7</td>
<td>$20.0</td>
<td>$280.00</td>
<td>$298.0K</td>
<td>1.7K</td>
<td style="text-align: right;">550</td>
</tr>
<tr>
<td>ADSK</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$22.1</td>
<td>$21.6</td>
<td>$21.9</td>
<td>$280.00</td>
<td>$219.0K</td>
<td>2.4K</td>
<td style="text-align: right;">150</td>
</tr>
<tr>
<td>ADSK</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$19.6</td>
<td>$19.0</td>
<td>$19.4</td>
<td>$280.00</td>
<td>$193.9K</td>
<td>1.7K</td>
<td style="text-align: right;">200</td>
</tr>
</tbody>
</table>

<h3>About Autodesk</h3>
Founded in 1982, Autodesk is an application software company that serves industries in architecture, engineering, and construction; product design and manufacturing; and media and entertainment. Autodesk software enables design, modeling, and rendering needs of these industries. The company has over 4 million paid subscribers across 180 countries.
After a thorough review of the options trading surrounding Autodesk, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Current Position of Autodesk</h3>
<ul>
<li>Currently trading with a volume of 124,313, the ADSK's price is down by -0.43%, now at $288.54. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 28 days.</li>
</ul>
<h3>What The Experts Say On Autodesk</h3>
Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $306.6666666666667.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Reflecting concerns, an analyst from Wells Fargo lowers its rating to Overweight with a new price target of $340. 
&#x2A; An analyst from DA Davidson downgraded its action to Neutral with a price target of $260. 
&#x2A; An analyst from Morgan Stanley has revised its rating downward to Overweight, adjusting the price target to $320. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Autodesk options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Spotlight on Autodesk: Analyzing the Surge in Options Activity

Autodesk's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NYSE">ADSK</a>) short percent of float has fallen 26.45% since its last report. The company recently reported that it has 2.46 million shares sold short, which is 1.14% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.84 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Autodesk Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729272613_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Autodesk has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Autodesk's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Autodesk's peer group average for short interest as a percentage of float is 3.28%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

(ADSK) - Analyzing Autodesk's Short Interest

Autodesk (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/adsk#NASDAQ">ADSK</a>) recently announced AI-integrated product developments across segments to enhance performance and efficiency. It aims to simplify complexities related to the manufacturing and designing of products by introducing AI capabilities to Fusion and Alias.
<h2>Autodesk Adds AI-Powered Capabilities to Fusion</h2>
Autodesk Fusion will be integrated with new Autodesk AI-supported automation to enable time-saving. A combination of performance enhancements and the latest granular Manufacturing Dada Model API is expected to make Fusion faster. Integration with tools across the design will also become easier.
MDM API helps authorized third-party apps to feed their data into Fusion models. This helps in integrating Fusion better into existing workflows and connections with cloud and desktop tools like OpenBOM and Cideon become easier.
<div class="chart_embed">
<h3>Autodesk, Inc. Price and Consensus</h3>
<img alt="Autodesk, Inc. Price and Consensus" src="https://staticx-tuner.zacks.com/images/charts/f3/1729166194.png" style="height:265px; width:587px" title="" />
Autodesk, Inc. price-consensus-chart | Autodesk, Inc. Quote
ADSK is introducing AutoConstrain in Fusion Automated Sketching. Autodesk AI will assist in analyzing and detecting intended spatial connections in project data and will provide dimensional constraints to manage design intention throughout the project.
Autodesk AI will allow users to examine 3D models through Drawing Automation and will generate 2D drawings needed to manufacture parts. This will save time.
Autodesk has launched an AI-powered Assistant in Fusion to provide real-time and on-demand expert insights related to ADSK-specific and general industry data.
ADSK is also integrating Paperless Parts and Avnet plugins into Fusion.
</div>
<h2>Alias Gets Form Explorer, ADSK Adds AI to Tools</h2>
Autodesk Alias will be powered by Form Explorer, an automative design generation tool. The enhancements will be easy to integrate across the segments and will aid in designing and manufacturing complex products.
ADSK has acquired NAVASTO, a company focused on the use of AI to accelerate design and engineering. NAVASTO brings wind tunnel simulation into Alias&#39; early creative design process. It enables designers to predict and optimize the drag coefficient over an automotive exterior and its aerodynamics. This reduces the likelihood of redesigns during engineering.
ADSK is integrating AI in creative tools &mdash; Arnold, Flame, Maya, and Wonder Studio &mdash; to fasten creative workflow.
ADSK&#39;s Wonder Studio will be made capable of anticipating character movement in spite of object obstruction and making natural poses with less noise and shaking.
Neutral Motion Control, Autodesk&#39;s latest prototype, will allow animators to direct action using limited keyframes and neural networks.
Autodesk also announced that it will now connect Autodesk Forma with Autodesk Docs to increase collaboration between platforms.
<h2>Autodesk Rides on Strong Portfolio</h2>
Autodesk shares have returned 9.5% in a month, outperforming the broader Zacks Computer and Technology sector&#39;s appreciation of 4.7%.
ADSK has outperformed the Zacks Computer &ndash; Software industry and its peers like Intuit (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/intu#NASDAQ">INTU</a>), ANSYS (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/anss#NASDAQ">ANSS</a>) and Verint Systems (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vrnt#NASDAQ">VRNT</a>).
Over the same time frame, shares of ANSYS have returned 3.3%, while Intuit and Verint have declined 3.7% and 11.6%, respectively. The industry has returned break-even YTD.
Autodesk&#39;s performance is gaining from new business growth, steady subscription renewal rates, and strong competitive performance. Higher demand for its cloud-based products, mobile solutions, and design suites is expected to drive the company&#39;s revenues over the long haul.
The rapid adoption of BIM 360 products and the success of the maintenance of the subscription program bode well for the growth of the company.
<h2>ADSK Guidance Positive</h2>
For fiscal 2025, ADSK expects revenues between $6.08 billion and $6.13 billion. In fiscal 2024, Autodesk generated total revenues of $5.5 billion.
For fiscal 2025, ADSK expects its non-GAAP earnings between $8.18 per share and $8.31 per share.
For the third quarter of fiscal 2025, Autodesk expects revenues between $1.555 billion and $1.57 billion. Non-GAAP earnings are anticipated between $2.08 per share and $2.14 per share.
<h2>Earnings Estimates Are Bright for Autodesk</h2>
The Zacks Consensus Estimate for ADSK&#39;s third-quarter fiscal 2025 earnings is pegged at $2.11 per share, up by a penny over the past 30 days, and indicates 1.93% year-over-year growth.
The consensus mark for fiscal 2025 earnings is pegged at $8.24 per share, unchanged in the past 30 days, and indicates 8.42% year-over-year growth.
Autodesk&#39;s earnings beat the Zacks Consensus Estimate in all the trailing four quarters, the average surprise being 5.94%.
<h2>Autodesk Shares &ndash; Is it the Right Time to Jump in?</h2>
ADSK shares are overvalued, as suggested by a Value Score of D.
In terms of the forward 12-month Price/Earnings (P/E) ratio, ADSK is trading at 45.76X, higher than the Zacks Computer &amp; Technology sector&#39;s 27.09X.
However, ADSK&#39;s growth prospects, driven by product portfolio enhancement capable of capitalizing on the rapid adoption of designing and manufacturing, justifies the premium valuation.
Autodesk currently has a Zacks Rank #2 (Buy), which implies that it is the right time for investors to accumulate ADSK stock.
<a href="https://www.zacks.com/stock/news/2352533/can-adsk-s-ai-powered-product-enhancements-push-the-stock-higher?cid=CS-BENZ-FT-analyst_blog|company_news_tech_sector-2352533">To read this article on Zacks.com click here.</a>

Earnings

Earnings Beats

Large Cap

Guidance

Small Cap

Tech

VRNT

Can ADSK's AI-Powered Product Enhancements Push the Stock Higher?

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/6228915026d7930001218ee4/matt-farrell">Piper Sandler analyst Matt Farrell</a> initiated coverage on The Walt Disney Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) with a Neutral rating and announced a price target of $95. Disney shares closed at $94.22 on Tuesday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how </a><a href="https://www.benzinga.com/quote/dis/analyst-ratings">other </a><a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">analysts view this stock</a>.</li>
<li>Stephens &amp; Co. analyst Charles Nabhan initiated coverage on Paycor HCM, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYCR#NASDAQ">PYCR</a>) with an Overweight rating and announced a price target of $18. Paycor HCM shares closed at $13.75 on Tuesday. <a href="https://www.benzinga.com/quote/PYCR/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Oppenheimer analyst Michael Phillips initiated coverage on RLI Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RLI#NYSE">RLI</a>) with a Perform rating. RLI shares closed at $160.24 on Tuesday. <a href="https://www.benzinga.com/quote/RLI/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Wells Fargo analyst Michael Turrin initiated coverage on Autodesk, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>) with an Overweight rating and announced a price target of $340. Autodesk shares closed at $286.48 on Tuesday. <a href="https://www.benzinga.com/quote/ADSK/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Northland Capital Markets analyst Mike Grondahl initiated coverage on MoneyLion Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ML#NYSE">ML</a>) with an Outperform rating and announced a price target of $60. MoneyLion shares closed at $44.60 on Tuesday. <a href="https://www.benzinga.com/quote/ML/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying ADSK stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="493" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16145045/image-131-1024x493.png" alt="" class="wp-image-599101" style="width:646px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16145045/image-131-1024x493.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16145045/image-131-300x145.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16145045/image-131-768x370.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16145045/image-131.png 1355w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read More: 
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41358280/united-airlines-posts-upbeat-earnings-joins-morgan-stanley-u-s-bancorp-and-other-big-stocks-moving-h">United Airlines Posts Upbeat Earnings, Joins Morgan Stanley, U.S. Bancorp And Other Big Stocks Moving Higher On Wednesday</a></li>
</ul>

Initiation

PYCR

This Autodesk Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Wednesday

In the latest quarter, 19 analysts provided ratings for Autodesk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>), showcasing a mix of bullish and bearish perspectives.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $300.32, a high estimate of $340.00, and a low estimate of $257.00. This current average reflects an increase of 8.7% from the previous average price target of $276.29. 
<img src="https://www.benzinga.com/files/images/story/2024/1729090832_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Autodesk. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Michael Turrin</td>
<td>Wells Fargo</td>
<td>Announces</td>
<td>Overweight</td>
<td>$340.00</td>
<td>-</td>
</tr>
<tr>
<td>Keith Weiss</td>
<td>Morgan Stanley</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$320.00</td>
<td>$320.00</td>
</tr>
<tr>
<td>William Jellison</td>
<td>DA Davidson</td>
<td>Announces</td>
<td>Neutral</td>
<td>$260.00</td>
<td>-</td>
</tr>
<tr>
<td>Tyler Radke</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$325.00</td>
<td>$316.00</td>
</tr>
<tr>
<td>Kash Rangan</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Neutral</td>
<td>$295.00</td>
<td>$225.00</td>
</tr>
<tr>
<td>Stephen Bersey</td>
<td>HSBC</td>
<td>Raises</td>
<td>Buy</td>
<td>$299.00</td>
<td>$242.00</td>
</tr>
<tr>
<td>Blair Abernethy</td>
<td>Rosenblatt</td>
<td>Raises</td>
<td>Buy</td>
<td>$295.00</td>
<td>$290.00</td>
</tr>
<tr>
<td>Michael Funk</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Neutral</td>
<td>$285.00</td>
<td>$260.00</td>
</tr>
<tr>
<td>Nay Soe Naing</td>
<td>Berenberg</td>
<td>Raises</td>
<td>Hold</td>
<td>$299.00</td>
<td>$286.00</td>
</tr>
<tr>
<td>Saket Kalia</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$310.00</td>
<td>$275.00</td>
</tr>
<tr>
<td>Matthew Hedberg</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$313.00</td>
<td>$290.00</td>
</tr>
<tr>
<td>Daniel Jester</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$287.00</td>
<td>$254.00</td>
</tr>
<tr>
<td>Clarke Jeffries</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$257.00</td>
<td>$239.00</td>
</tr>
<tr>
<td>Adam Borg</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$320.00</td>
<td>$290.00</td>
</tr>
<tr>
<td>Ken Wong</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$300.00</td>
<td>$275.00</td>
</tr>
<tr>
<td>Matthew Broome</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Neutral</td>
<td>$260.00</td>
<td>$230.00</td>
</tr>
<tr>
<td>Keith Weiss</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$320.00</td>
<td>$305.00</td>
</tr>
<tr>
<td>Tyler Radke</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$316.00</td>
<td>$295.00</td>
</tr>
<tr>
<td>Jason Celino</td>
<td>Keybanc</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$305.00</td>
<td>$305.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Autodesk. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Autodesk compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Autodesk's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Autodesk's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/ADSK/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Autodesk analyst ratings.</a>
<h2>Delving into Autodesk's Background</h2>
Founded in 1982, Autodesk is an application software company that serves industries in architecture, engineering, and construction; product design and manufacturing; and media and entertainment. Autodesk software enables design, modeling, and rendering needs of these industries. The company has over 4 million paid subscribers across 180 countries.
<h3>Unraveling the Financial Story of Autodesk</h3>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Positive Revenue Trend: Examining Autodesk's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 11.9% as of 31 July, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: Autodesk's net margin excels beyond industry benchmarks, reaching 18.74%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Autodesk's ROE stands out, surpassing industry averages. With an impressive ROE of 12.17%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Autodesk's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 2.85%, the company showcases efficient use of assets and strong financial health.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 1.05, caution is advised due to increased financial risk.
<h2>Analyst Ratings: Simplified</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;utm_source=benzinga-insights">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Demystifying Autodesk: Insights From 19 Analyst Reviews

Wells Fargo analyst Michael Turrin initiates coverage on Autodesk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>) with a Overweight rating and announces Price Target of $340.

Wells Fargo Initiates Coverage On Autodesk with Overweight Rating, Announces Price Target of $340

Autodesk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>) has outperformed the market over the past 15 years by 5.56% on an annualized basis producing an average annual return of 17.25%. Currently, Autodesk has a market capitalization of $59.78 billion. 
Buying $1000 In ADSK: If an investor had bought $1000 of ADSK stock 15 years ago, it would be worth $10,993.86 today based on a price of $277.38 for ADSK at the time of writing.
<h3>Autodesk's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728493230_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In This Stock 15 Years Ago Would Be Worth $11,000 Today

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Information Technology sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/04/24</td>
<td>$117.00</td>
<td>$50.2K</td>
<td>25.4K</td>
<td>42.1K</td>
</tr>
<tr>
<td>AMD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/04/24</td>
<td>$160.00</td>
<td>$25.7K</td>
<td>10.6K</td>
<td>37.6K</td>
</tr>
<tr>
<td>MU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$110.00</td>
<td>$25.7K</td>
<td>10.4K</td>
<td>3.1K</td>
</tr>
<tr>
<td>TSM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/25/24</td>
<td>$190.00</td>
<td>$45.0K</td>
<td>780</td>
<td>2.0K</td>
</tr>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$420.00</td>
<td>$54.3K</td>
<td>4.4K</td>
<td>1.5K</td>
</tr>
<tr>
<td>CRM</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>10/04/24</td>
<td>$275.00</td>
<td>$27.6K</td>
<td>763</td>
<td>936</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$22.50</td>
<td>$28.1K</td>
<td>13.9K</td>
<td>377</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$170.00</td>
<td>$428.5K</td>
<td>1.0K</td>
<td>206</td>
</tr>
<tr>
<td>APPN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$40.00</td>
<td>$26.4K</td>
<td>63</td>
<td>103</td>
</tr>
<tr>
<td>ADSK</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$280.00</td>
<td>$66.0K</td>
<td>262</td>
<td>91</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a put option sweep with bearish sentiment. It expires in 2 day(s) on October 4, 2024. Parties traded 433 contract(s) at a $117.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $50.2K, with a price of $116.0 per contract. There were 25469 open contracts at this strike prior to today, and today 42110 contract(s) were bought and sold. 
• For AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we notice a call option trade that happens to be bearish, expiring in 2 day(s) on October 4, 2024. This event was a transfer of 100 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $25.7K, with a price of $257.0 per contract. There were 10676 open contracts at this strike prior to today, and today 37632 contract(s) were bought and sold. 
• Regarding MU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), we observe a call option sweep with bearish sentiment. It expires in 44 day(s) on November 15, 2024. Parties traded 89 contract(s) at a $110.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $25.7K, with a price of $289.0 per contract. There were 10409 open contracts at this strike prior to today, and today 3151 contract(s) were bought and sold. 
• Regarding TSM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), we observe a call option trade with bearish sentiment. It expires in 23 day(s) on October 25, 2024. Parties traded 150 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $45.0K, with a price of $300.0 per contract. There were 780 open contracts at this strike prior to today, and today 2056 contract(s) were bought and sold. 
• For MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we notice a call option trade that happens to be bullish, expiring in 16 day(s) on October 18, 2024. This event was a transfer of 75 contract(s) at a $420.00 strike. The total cost received by the writing party (or parties) was $54.3K, with a price of $725.0 per contract. There were 4416 open contracts at this strike prior to today, and today 1516 contract(s) were bought and sold. 
• For CRM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>), we notice a call option trade that happens to be neutral, expiring in 2 day(s) on October 4, 2024. This event was a transfer of 39 contract(s) at a $275.00 strike. The total cost received by the writing party (or parties) was $27.6K, with a price of $710.0 per contract. There were 763 open contracts at this strike prior to today, and today 936 contract(s) were bought and sold. 
• Regarding INTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), we observe a call option trade with bullish sentiment. It expires in 107 day(s) on January 17, 2025. Parties traded 100 contract(s) at a $22.50 strike. The total cost received by the writing party (or parties) was $28.1K, with a price of $281.0 per contract. There were 13989 open contracts at this strike prior to today, and today 377 contract(s) were bought and sold. 
• Regarding MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we observe a call option trade with bullish sentiment. It expires in 170 day(s) on March 21, 2025. Parties traded 100 contract(s) at a $170.00 strike. The total cost received by the writing party (or parties) was $428.5K, with a price of $4285.0 per contract. There were 1030 open contracts at this strike prior to today, and today 206 contract(s) were bought and sold. 
• Regarding APPN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APPN#NASDAQ">APPN</a>), we observe a call option trade with bullish sentiment. It expires in 142 day(s) on February 21, 2025. Parties traded 103 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $26.4K, with a price of $257.0 per contract. There were 63 open contracts at this strike prior to today, and today 103 contract(s) were bought and sold. 
• Regarding ADSK (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>), we observe a call option trade with bearish sentiment. It expires in 44 day(s) on November 15, 2024. Parties traded 100 contract(s) at a $280.00 strike. The total cost received by the writing party (or parties) was $66.0K, with a price of $660.0 per contract. There were 262 open contracts at this strike prior to today, and today 91 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

INTC

MSFT

NVDA

10 Information Technology Stocks With Whale Alerts In Today's Session

Nvidia&nbsp;Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) recently made significant product launches amid a <a target="_blank" href="https://www.benzinga.com/news/24/10/41119735/nvidia-faces-new-competition-cerebras-files-for-ipo-huawei-pushes-ai-chips" rel="noreferrer noopener">volatile run as </a>the Street factors in the company&#8217;s customer concentration and delays in product releases like its&nbsp;Blackwell GPUs.
The chip designer launched an open-source artificial intelligence model, intensifying rivalry with Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) backed ChatGPT parent OpenAI and Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google, Venture Beat <a target="_blank" href="https://venturebeat.com/ai/nvidia-just-dropped-a-bombshell-its-new-ai-model-is-open-massive-and-ready-to-rival-gpt-4/" rel="noreferrer noopener">reports</a>.
Nvidia&#8217;s new&nbsp;NVLM 1.0&nbsp;family of large multimodal language models also enhances text-only capabilities in addition to vision and language tasks.
Also Read: <a target="_blank" href="https://www.benzinga.com/government/24/10/41127863/despite-nvidia-selloff-bidens-law-and-taiwan-semis-advantage-offer-growth-potential" rel="noreferrer noopener">Despite Nvidia Selloff, Biden&#8217;s Law and Taiwan Semi&#8217;s Advantage Offer Growth Potential</a>
Nvidia also launched its new Unreal Engine 5 on-device plugins for&nbsp;Nvidia Ace at&nbsp;Unreal Fest Seattle 2024, helping build and deploy AI-powered MetaHuman characters on Windows PCs, Venture Beat <a target="_blank" href="https://venturebeat.com/ai/nvidia-releases-plugins-to-improve-digital-human-realism-on-unreal-engine-5/" rel="noreferrer noopener">reports</a>.
Developers can now access a new Audio2Face-3D plugin for AI-powered facial animations in Autodesk, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>)
Maya.&nbsp;
Nvidia stock lost over 4% in the last five days since China retaliated against U.S. artificial intelligence technology sanctions by urging its companies to reach out to domestic chipmakers instead of Nvidia. Huawei Technologies has started tapping Nvidia&#8217;s Chinese hyperscalar customers by offering them Ascend 910C processor samples.
Nvidia stock has risen over 161% in the last 12 months as US hyperscalars continue to drive up demand for its AI chips.
Investors can gain exposure to Nvidia through ProShares Ultra Semiconductors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USD#NYSE">USD</a>) and Invesco PHLX Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOXQ#NASDAQ">SOXQ</a>).
Price Action: NVDA stock is down 0.62% at $116.27 premarket at last check Wednesday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/news/24/09/40980388/amd-chief-predicts-custom-chips-will-outperform-gpus-sees-shift-in-ai-chip-demand-report" target="_blank" rel="noreferrer noopener">AMD Chief Predicts Custom Chips Will Outperform GPUs, Sees Shift in AI Chip Demand: Report</a></li>
</ul>
Image via Shutterstock

Media

GOOG

GOOGL

SOXQ

Nvidia Expands AI Offerings with New Open-Source Models and Unreal Engine 5 Plugins

Morgan Stanley analyst Keith Weiss reiterates Autodesk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>) with a Overweight and maintains $320 price target.

Reiteration

Morgan Stanley Reiterates Overweight on Autodesk, Maintains $320 Price Target

In the current market session, Autodesk Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>) stock price is at $273.12, after a 0.09% drop. However, over the past month, the company's stock increased by 5.16%, and in the past year, by 30.02%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is not performing up to par in the current session. 

<img src="https://www.benzinga.com/files/images/story/2024/1727461894_0.png" alt="Past Year Chart" />

<h3>Autodesk P/E Ratio Analysis in Relation to Industry Peers</h3>
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and aggregate market data for the industry or the indices, such as S&amp;P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also could indicate that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. 
Autodesk has a lower P/E than the aggregate P/E of 83.13 of the Software industry. Ideally, one might believe that the stock might perform worse than its peers, but it's also probable that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1727461894_1.png" alt="Guage" />

In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company's market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company's stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions.

Intraday Update

A Look Into Autodesk Inc's Price Over Earnings

Autodesk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>) underwent analysis by 17 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $296.82, along with a high estimate of $325.00 and a low estimate of $257.00. This current average has increased by 8.5% from the previous average price target of $273.56. 
<img src="https://www.benzinga.com/files/images/story/2024/1727445636_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Autodesk. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>William Jellison</td>
<td>DA Davidson</td>
<td>Announces</td>
<td>Neutral</td>
<td>$260.00</td>
<td>-</td>
</tr>
<tr>
<td>Tyler Radke</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$325.00</td>
<td>$316.00</td>
</tr>
<tr>
<td>Kash Rangan</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Neutral</td>
<td>$295.00</td>
<td>$225.00</td>
</tr>
<tr>
<td>Stephen Bersey</td>
<td>HSBC</td>
<td>Raises</td>
<td>Buy</td>
<td>$299.00</td>
<td>$242.00</td>
</tr>
<tr>
<td>Blair Abernethy</td>
<td>Rosenblatt</td>
<td>Raises</td>
<td>Buy</td>
<td>$295.00</td>
<td>$290.00</td>
</tr>
<tr>
<td>Michael Funk</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Neutral</td>
<td>$285.00</td>
<td>$260.00</td>
</tr>
<tr>
<td>Nay Soe Naing</td>
<td>Berenberg</td>
<td>Raises</td>
<td>Hold</td>
<td>$299.00</td>
<td>$286.00</td>
</tr>
<tr>
<td>Saket Kalia</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$310.00</td>
<td>$275.00</td>
</tr>
<tr>
<td>Matthew Hedberg</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$313.00</td>
<td>$290.00</td>
</tr>
<tr>
<td>Daniel Jester</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$287.00</td>
<td>$254.00</td>
</tr>
<tr>
<td>Clarke Jeffries</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$257.00</td>
<td>$239.00</td>
</tr>
<tr>
<td>Adam Borg</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$320.00</td>
<td>$290.00</td>
</tr>
<tr>
<td>Ken Wong</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$300.00</td>
<td>$275.00</td>
</tr>
<tr>
<td>Matthew Broome</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Neutral</td>
<td>$260.00</td>
<td>$230.00</td>
</tr>
<tr>
<td>Keith Weiss</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$320.00</td>
<td>$305.00</td>
</tr>
<tr>
<td>Tyler Radke</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$316.00</td>
<td>$295.00</td>
</tr>
<tr>
<td>Jason Celino</td>
<td>Keybanc</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$305.00</td>
<td>$305.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Autodesk. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Autodesk compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for Autodesk's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Autodesk's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/ADSK/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Autodesk analyst ratings.</a>
<h2>About Autodesk</h2>
Founded in 1982, Autodesk is an application software company that serves industries in architecture, engineering, and construction; product design and manufacturing; and media and entertainment. Autodesk software enables design, modeling, and rendering needs of these industries. The company has over 4 million paid subscribers across 180 countries.
<h3>Key Indicators: Autodesk's Financial Health</h3>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Growth: Autodesk's revenue growth over a period of 3 months has been noteworthy. As of 31 July, 2024, the company achieved a revenue growth rate of approximately 11.9%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 18.74%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Autodesk's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 12.17%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Autodesk's ROA excels beyond industry benchmarks, reaching 2.85%. This signifies efficient management of assets and strong financial health.
Debt Management: Autodesk's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.05, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>The Significance of Analyst Ratings Explained</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;utm_source=benzinga-insights">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Evaluating Autodesk: Insights From 17 Financial Analysts

The metaverse has been a buzzword in the tech industry for a while now, evolving from a niche idea to a transformative force captivating companies and investors alike. With its growing impact, investing in quality tech stocks like NVIDIA Corporation (NVDA), Meta Platforms (META), and Autodesk (ADSK) could be rewarding. Learn more… The metaverse, a concept that once lived solely in the pages of science fiction, has quickly evolved into one of the most buzzworthy topics in the tech world. It's essentially a virtual space where people can interact, play, work, and explore digital environments using technologies like augmented reality (AR), virtual reality (VR), and 3D graphics.
Given its potential to drive the next big opportunity in the tech space, several tech giants are heavily investing in this area to fuel their transition. In this article, we'll delve into three fundamentally sound stocks: NVIDIA Corporation (<a href="https://stocknews.com/stock/NVDA/">NVDA</a>), Meta Platforms, Inc. (<a href="https://stocknews.com/stock/META/">META</a>), and Autodesk, Inc. (<a href="https://stocknews.com/stock/ADSK/">ADSK</a>), with explosive growth potential within the metaverse.
The metaverse isn't just about gaming or social interactions. It encompasses immersive experiences that could redefine entertainment, education, and even the way we collaborate in virtual offices. As the metaverse grows, these experiences could become a regular part of everyday life.
Statista states the metaverse market is expected to reach $74.40 billion in 2024. Further, the market is projected to grow at a <a href="https://www.statista.com/outlook/amo/metaverse/worldwide#:~:text=This%20market%20is%20expected%20to,volume%20of%20US%2423.0bn.">CAGR of 37.7%</a>, resulting in a volume of $507.80 billion by 2030. This potential growth opens the door for substantial long-term returns for companies venturing into this new digital frontier.
Though still in its early stages, the metaverse promises significant long-term returns. According to a report, it could contribute as much as <a href="https://www.mobiloitte.com/blog/the-metaverse-a-potential-760-billion-contributor-to-the-u-s-gdp-by-2035/">2.4% to the U.S. GDP</a> by 2035. As more companies and industries get involved, the journey to fully realizing the metaverse will be transformative.
Hence, investors willing to bet on its long-term potential will likely be rewarded in the long run. With that in mind, let's evaluate the fundamental aspects of the above-mentioned stocks in detail:
NVIDIA Corporation (<a href="https://stocknews.com/stock/NVDA/">NVDA</a>)
NVDA is a global provider of graphics, computation, and networking technologies. The company operates through two segments: Graphics; and Compute &amp; Networking. Its products are used in the gaming, professional visualization, data center, and automobile industries.
On October 21, NVDA expanded its collaboration with Microsoft to support AI startups, initially focusing on healthcare and life sciences. Announced at the HLTH healthcare innovation conference, the initiative integrates NVDA's Inception program with Microsoft for Startups, providing access to cloud credits, AI development software, and expert technical and business support.
This partnership is expected to increase the demand for the company's AI hardware and software solutions, thereby boosting revenues.
NVDA's trailing-12-month EBIT and <a href="https://www.investopedia.com/terms/n/netincome.asp">net income</a> margins of 61.87% and 55.04% are significantly above the 4.90% and 3.77% industry averages, respectively. Likewise, its trailing-12-month ROCE of 123.77% compares to the industry average of 4.70%.
For the second quarter that ended July 28, 2024, NVDA's revenue increased 122% year-over-year to $30.04 billion, while its Data Center Group generated $26.30 billion in revenue, resulting in a triple-digit growth of 154% over the same period last year.
The company's operating income surged 174% from the year-ago value to $18.64 billion. In addition, its non-GAAP net income amounted to $16.95 billion or $0.68 per share, compared to $6.74 billion or $0.27 per share in the previous year's quarter, respectively.
The consensus EPS estimate of $0.74 for the third quarter (ending October 2024) represents an 84.3% improvement year-over-year. The consensus revenue estimate of $32.92 billion for the current quarter represents an 81.7% increase from the same period last year. The company has an excellent earnings surprise history, as it surpassed the consensus EPS estimates in each of the trailing four quarters.
Shares of NVDA have soared 237.2% over the past year and 181.8% year-to-date to close the last trading session at $139.56.
NVDA's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect this outlook. It has a B grade for Sentiment and Quality. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
In the 91-stock <a href="https://stocknews.com/category/semiconductor-wireless-chip/">Semiconductor &amp; Wireless Chip</a> industry, it is ranked #41. <a href="https://stocknews.com/stock/NVDA/">Click here</a> to see the other ratings of NVDA for Growth, Value, Momentum, and Stability.
Meta Platforms, Inc. (<a href="https://stocknews.com/stock/META/">META</a>)
META develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments: Family of Apps and Reality Labs.
META's trailing 12-month EBITDA margin of 49.92% is 177.8% higher than the industry average of 17.97%. Also, its trailing-12-month net income margin, ROCE, and ROTA of 34.34%, 35.37%, and 22.34% compare to the respective industry averages of 2.70%, 2.98%, and 1.16%.
For the second quarter that ended June 30, 2024, META's total revenue increased 22.1% year-over-year to $39.07 billion, while its income from operations grew 58.1% from the year-ago value to $14.85 billion. META's net income and EPS amounted to $13.47 billion and $5.16, representing increases of 72.9% and 73.2%, respectively, from the prior year's quarter.
Street expects META's EPS to increase 20.1% year-over-year in the third quarter (ended September 2024) to $5.27. Its revenue for the about-to-be-reported quarter is projected to grow by 18% from the prior year to $40.30 billion. Further, META has topped the consensus EPS estimate in each of the trailing four quarters, which is excellent.
The stock has gained 47.7% over the past nine months and 59.3% year-to-date to close the last trading session at $563.69.
META's POWR Ratings reflect this promising outlook. It has an overall rating of B, which translates to a Buy in our proprietary rating system.
It has an A grade for Quality and a B for Sentiment. Out of 53 stocks in the B-rated <a href="https://stocknews.com/category/internet/">Internet</a> industry, it is ranked #17. <a href="https://stocknews.com/stock/META/">Click here</a> to see the other META ratings for Growth, Value, Momentum, and Stability.
Autodesk, Inc. (<a href="https://stocknews.com/stock/ADSK/">ADSK</a>)
ADSK provides 3D design, engineering, and entertainment software and services. It offers AutoCAD Civil 3D, Autodesk Build, BIM 360, AutoCAD, AutoCAD LT, computer-aided manufacturing (CAM) Solutions, Fusion 360, Inventor tools, Vault, Maya, and 3ds Max, among others. The company's offerings serve customers in architecture, engineering, construction, product design and manufacturing, and digital media and entertainment industries.
In May, ADSK acquired Wonder Dynamics, the maker of Wonder Studio, a cloud-based 3D animation and VFX solution that uses AI. Wonder Dynamics' AI-driven tools make visual effects more accessible and affordable, enabling filmmakers to create VFX and CGI faster and at lower costs. The acquisition aligns with ADSK's goal to enhance creativity by connecting teams, data, and workflows through its Flow cloud platform for the media and entertainment industry.
ADSK's trailing-12-month gross profit and EBITDA margins of 91.92% and 24.05% are 83.8% and 144.8% higher than the 50.02% and 9.82% industry averages, respectively. Likewise, its trailing-12-month levered FCF margin of 28.14% is 168.9% higher than the industry average of 10.46%.
In the fiscal 2025 second quarter, which ended on July 31, ADSK's net revenue increased by 11.9% year-over-year to $1.51 billion. Its gross profit rose 12.1% from the year-ago value to $1.36 billion, while its non-GAAP income from operations stood at $560 million, up 14.5% year-over-year.
The company's non-GAAP net income per share came in at $2.15, representing an increase of 12.6% year-over-year. Also, its free cash flow improved by 58.6% from the prior-year quarter to $203 million.
Analysts expect ADSK's revenues to increase 10.5% year-over-year to $1.56 billion in the fiscal third quarter (ending October 2024). Its EPS for the ongoing quarter is expected to increase by 2% from the previous year to $2.11. Moreover, the company has surpassed the consensus EPS and revenue estimates in each of the trailing four quarters, which is promising.
Over the past year, the stock has gained 41.3%, closing the last trading session at $286.30.
ADSK's strong fundamentals are reflected in its POWR Ratings. The stock has an overall rating of B, which equates to Buy in our proprietary rating system.
It also has a B grade for Growth, Sentiment, and Quality. Among 132 stocks in the <a href="https://stocknews.com/category/software-application/">Software - Application</a> industry, it is ranked #24. <a href="https://stocknews.com/stock/ADSK/">Click here</a> to see the additional ratings for ADSK (Value, Momentum, and Stability).
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
NVDA shares rose $0.87 (+0.62%) in after-hours trading Wednesday. Year-to-date, NVDA has gained 181.88%, versus a 22.75% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Shweta Kumari</h2> <img src='https:/wp-content/uploads/2022/03/Shweta-Kumari_Image-2.jpg' style="float:left; padding:5px;width:125px;">Shweta's profound interest in financial research and quantitative analysis led her to pursue a career as an investment analyst. She uses her knowledge to help retail investors make educated investment decisions.<a href="https://stocknews.com/authors/?author=shweta-kumari">More...</a>The post <a href=https://stocknews.com/news/nvda-meta-adsk-3-tech-stocks-with-big-metaverse-potential/>3 Tech Stocks With Big Metaverse Potential</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Tech Stocks With Big Metaverse Potential

Palantir surges after 'eye-popping quarter' as Wall Street praises AI initiatives

Collaboration software providers rank among top performers: BofA

KeyBanc feels strongly about software stocks under Trump presidency

Trane Technologies (TT) and Autodesk (ADSK) announced a strategic collaboration aimed at optimizing commercial building design for sustainability. ...

Trane, Autodesk announce strategic collaboration

Starboard Value adds Autodesk, cuts GoDaddy, others in Q3

Jeffrey Smith's Starboard Value disclosed in an SEC filing its holdings as of September 30, 2024. Starboard's two new buys during the third quarter...

Starboard takes new stakes in Autodesk, Match Group

Barclays analyst Saket Kalia maintained a Buy rating on Autodesk (ADSK – Research Report) today and set a price target of $355.00. The company's sh...

Autodesk (ADSK): New Buy Recommendation for This Technology Giant

Stifel raised the firm's price target on Autodesk (ADSK) to $340 from $320 and keeps a Buy rating on the shares after having spoken with three Auto...

Autodesk price target raised to $340 from $320 at Stifel

AZPN

CDNS

CSCO

FTRE

GDDY

MRCY

PAYC

PCTY

SNOW

TEAM

TRMB

Press Releases

Starboard Issues Presentation Highlighting Significant Issues at Autodesk and Opportunities for Meaningful Value Creation

Poulin I Willey I Anastopoulo Announces Investigation Of Autodesk, Inc. (ADSK)

AUTODESK INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Autodesk, Inc. - ADSK

Starboard Reiterates Call for Significant Change at Autodesk Following Reports of Senior Executives Intentionally Misleading Shareholders

AUTODESK, INC. ANNOUNCES FISCAL 2025 SECOND QUARTER RESULTS

AUTODESK INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Autodesk, Inc. - ADSK

Autodesk to present at upcoming investor conferences

Esri and Autodesk Deepen Integration with ArcGIS Data in Autodesk Forma

Autodesk extends invitation to join financial results conference call

Trane Technologies and Autodesk Collaborate to Accelerate and Simplify Sustainable Building Design

Comments

Autodesk

Noticias

Últimas noticias sobre Autodesk (NASDAQ:ADSK) Bolsa

La gente también mira

Noticias

SOCIO/CONTRIBUIDOR

BENZINGA GLOBAL