Analyst Continues to Back Autodesk (ADSK) Amid Consistent Growth Momentum

Autodesk Inc. (NASDAQ:ADSK) is among the best stocks you’ll privation you bought sooner. On November 28, Taylor McGinnis, an expert astatine UBS, lifted the terms people connected Autodesk from $385 to $400 portion maintaining a Buy rating. The expert based his update connected the company’s operating consistency and its quality to prolong low-teens growth, supported by coagulated request visibility and improved margins.

Earlier connected November 25, Autodesk Inc. (NASDAQ:ADSK) reported its third-quarter fiscal 2026 results, wherever some gross and adjusted EPS exceeded consensus. The institution delivered 18% constant-currency gross growth, taking gross to $1.85 billion. EPS came successful astatine $2.67. For the 4th quarter, absorption is guiding for astir 11% adjusted gross maturation and 18% adjusted billings growth.

McGinnis reviewed the company’s third-quarter fiscal 2026 results, which, successful his view, indicated that request momentum remains intact. While fiscal 2027 guidance has not yet been issued, the institution hinted that billings maturation should initially stay elevated earlier normalizing successful enactment with underlying gross trends.

The expert highlighted that the institution accrued its fiscal 2026 operating borderline guidance by 50 ground points to 37.5% and argued that this demonstrates its borderline show has strengthened, supported by ongoing ratio improvements and choky execution.

Autodesk Inc. (NASDAQ:ADSK) is simply a plan and engineering bundle institution that serves the architecture, engineering, construction, manufacturing, and media industries. Its flagship products see AutoCAD, Revit, and Fusion 360.

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Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.