Autodesk issues business update focusing on cloud, platform and AI strategies
Investing.com
Published Jul 14, 2025 06:22AM ET
Autodesk, Inc. (NASDAQ:ADSK), a $60 billion software giant with impressive 92% gross profit margins, released a business update Monday, outlining its ongoing strategic priorities. According to a statement in a press release filed with the U.S. Securities and Exchange Commission, the company said it remains committed to its plans to drive long-term shareholder value.
Autodesk stated that it is focused on executing its established strategies in cloud, platform, and artificial intelligence. The company also highlighted efforts to optimize sales and marketing to achieve higher margins.
In the update, Autodesk said it plans to allocate capital to organic investment, targeted and tuck-in acquisitions, and to continue its share repurchase program as free cash flow grows.
The company noted that this information was provided as part of a Regulation FD Disclosure and that the report should not be considered filed for purposes of Section 18 of the Securities Exchange Act of 1934.
Autodesk’s common stock is listed on the Nasdaq Global Select Market under the ticker symbol ADSK.
This report is based on a press release statement included in an SEC filing.
In other recent news, RBC Capital has raised its price target for PTC (NASDAQ:PTC) Inc. to $224 from $175, maintaining an Outperform rating. This adjustment follows reports that Autodesk may be considering acquiring PTC in a stock and cash deal, a move that could align with recent consolidation trends in the design-based sector. Meanwhile, Morgan Stanley has reiterated its Overweight rating on Autodesk, emphasizing the strategic benefits of acquiring PTC, particularly in enhancing Autodesk's presence in the manufacturing software market. Concerns about the acquisition's size have been noted, as it would be the largest in Autodesk's history, potentially affecting its margin expansion strategy.
Berenberg has upgraded Autodesk's stock rating from Hold to Buy, raising the price target to $365, citing significant margin expansion potential. The firm projects a 16% compound annual growth rate for Autodesk's earnings over the next three years. Additionally, BMO Capital has maintained a Market Perform rating for Autodesk, acknowledging stable demand and ongoing business transformations. Piper Sandler has also increased Autodesk's price target to $361, highlighting the company's strong first-quarter performance, with revenue growth and profitability surpassing expectations. These developments reflect a dynamic period for both companies, with potential mergers and strategic shifts influencing investor perspectives.
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