Autodesk, Inc. (NASDAQ: ADSK) is back in the spotlight on Friday, November 28, 2025, as a fresh wave of bullish analyst calls and institutional activity follows this week’s strong earnings beat and guidance raise.
On the day, Autodesk stock is trading around $303 per share, up roughly 0.6% with an intraday range near $299–$304, extending gains from its post‑earnings jump earlier in the week. That puts Autodesk’s market capitalization around $64 billion, with shares hovering in the middle of their 52‑week range of roughly $233–$329. [1]
Below is a breakdown of all the key Autodesk stock news dated November 28, 2025, and what it may mean for investors.
1. Autodesk Stock Price Action on November 28, 2025
According to historical price data from Investing.com, Autodesk shares traded today with:
- Open: about $300.29
- High: about $304.00
- Low: about $299.42
- Recent close: about $303.34, up roughly 0.65% versus the prior close of $301.38 [2]
TradingView and other real‑time trackers show a similar picture, with Autodesk quoted near $303 and a market cap just above $64 billion, after gaining a few percent over the past week. [3]
While the move today is modest, it comes on top of a sharp gap‑up earlier in the week after Autodesk reported better‑than‑expected Q3 fiscal 2026 results and raised its full‑year outlook.
2. UBS Raises Autodesk Price Target to $400
The marquee headline today is a high‑profile price target hike from UBS:
- New UBS price target:$400 (up from $385)
- Rating:Buy reaffirmed
- Rationale: “consistent execution” and a reassuring growth outlook following the Q3 beat [4]
Investing.com highlights that UBS’s new $400 target implies meaningful upside from current levels around $303, and notes that Autodesk is trading below certain fair value estimates on fundamental models. [5]
In a live market blog, 24/7 Wall St also flags Autodesk as a notable positive story on a quiet Black Friday session, again pointing to the UBS call and the recent earnings beat as primary drivers of sentiment. [6]
Why this matters:
- A $400 target now sits at the top end of many published analyst ranges and reinforces Autodesk’s status as a high‑quality, large‑cap software growth name.
- The call comes just days after the company raised guidance, suggesting that at least some on Wall Street see room for further multiple expansion if execution stays on track.
3. DA Davidson Boosts FY2026 Earnings Forecast
Another important November 28 headline comes from DA Davidson, which issued a more detailed earnings model update: [7]
- FY2026 EPS estimate raised to $7.22 (from $6.94 previously)
- Q4 FY2026 EPS forecast:$1.93
- FY2027 EPS forecast:$8.51
- Rating:Buy maintained
- Target price:$375
The report also recaps that Autodesk:
- Delivered Q3 FY2026 EPS of $2.67, topping estimates of around $2.50
- Reported revenue of about $1.85 billion, above the roughly $1.81 billion consensus
- Recently set FY2026 earnings guidance in the $10.18–$10.25 EPS range and Q4 EPS guidance of $2.59–$2.67 [8]
DA Davidson’s move adds to a cluster of upward revisions and underlines that Autodesk’s raised outlook is convincing enough for analysts to re‑anchor their longer‑term models at higher levels.
4. Fresh Analyst Ratings, Consensus Targets and Sentiment
Today’s news lands on top of an already crowded week of analyst commentary following Autodesk’s Q3 release.
Average rating: “Buy” / “Moderate Buy”
- MarketBeat reports that 27 brokerages currently cover Autodesk, with one “Strong Buy,” around twenty “Buy,” and about six “Hold” ratings, giving the stock an average recommendation of “Moderate Buy.” [9]
- StockAnalysis and other aggregators show a consensus 12‑month price target in the $361–$365 range, implying roughly 19–20% upside from current levels. [10]
Target range tightening toward the high 300s
Recent notes around the week of the Q3 print include:
- Citigroup: Price target raised to $382 from $370; rating Buy. [11]
- Other recent calls (earlier in the week) saw HSBC, Deutsche Bank, Rosenblatt, Stifel, BMO, Mizuho and Barclays either raise targets or maintain bullish stances, many clustering around $343–$390. [12]
- Benzinga and other trackers note a high target around $400 and a low end near $280–$319, underscoring that while most analysts are bullish, they don’t agree on valuation risk. [13]
Simply Wall St’s piece, also dated November 28, underlines that after the Q3 beat, analysts are now modeling 2027 revenue around US$7.96 billion (about 16% growth versus the last 12 months) and EPS growth of roughly 38% to over US$7.20 per share, a slight tweak from earlier estimates but still a strong growth runway. [14]
5. Institutional Investors Reshuffle Autodesk Holdings
A cluster of 13F‑related headlines on November 28 highlights how large institutions have been adjusting their Autodesk positions, mostly based on second‑quarter filings but reported today:
- Russell Investments Group Ltd.
- Increased its stake by 5.8% to about 380,754 shares, valued around $117.7 million, representing roughly 0.18% of Autodesk. [15]
- Jefferies Financial Group Inc.
- Initiated a new position of about 3,850 shares, valued near $1.2 million. [16]
- Sumitomo Mitsui Financial Group Inc.
- Opened a new position in Autodesk in Q2, details unspecified in the summary but noted as fresh exposure to the name. [17]
- Steward Partners Investment Advisory LLC
- Grew its stake by 6.2%, adding about 1,046 shares during the quarter. [18]
On the selling side:
- Vinva Investment Management Ltd trimmed its holdings by 5.2%, selling roughly 4,812 shares. [19]
- Findlay Park Partners LLP reduced its position by 3.5%, offloading about 11,700 shares. [20]
MarketBeat’s broader summary notes that institutional ownership in Autodesk stands at about 90% of shares outstanding, while insiders have been net sellers, with roughly 35,000+ shares sold for about $11.4 million over the last quarter. [21]
Takeaway: today’s stream of filings shows continued institutional interest on both the buy and trim side, but overall ownership remains heavily skewed toward large investors, which is typical for a mature large‑cap software company.
6. Earnings Beat and Guidance Raise: The Background Behind Today’s Optimism
Most of today’s headlines trace back to Autodesk’s Q3 fiscal 2026 earnings, reported on November 25, 2025 for the quarter ended October 31. [22]
Across multiple sources (Zacks, Investing.com, Investor materials), the key numbers are consistent:
- Q3 FY26 revenue: about $1.85 billion, up 18% year over year, ahead of ~$1.81 billion consensus. [23]
- Non‑GAAP EPS:$2.67, beating estimates around $2.50, a positive surprise of roughly 7% and strong growth versus the prior year. [24]
- Full‑year FY2026 guidance raised:
Commentary from Barron’s, Schaeffer’s and others highlights:
- A stock jump of around 7–8% immediately after earnings as the market digested the beat and guidance raise. [27]
- Strong performance in subscription revenue, cloud‑based workflows, and AI‑enhanced design tools as key growth engines. [28]
Today’s UBS and DA Davidson notes are essentially second‑wave reactions to those numbers, reinforcing the narrative that Autodesk is executing well on its SaaS transition and AI product roadmap.
7. Short‑Term Technical and Trading Views
From a purely technical perspective, StockInvest.us published a fresh update dated for trading on November 28:
- Their system has upgraded Autodesk from a Hold to a Buy candidate on a short‑term basis.
- They note buy signals from both short‑ and long‑term moving averages and from the 3‑month MACD.
- Key support zones are highlighted around $294–$301, with resistance flagged in the low $310s, and they characterize volatility as relatively low for a tech stock. [29]
Meanwhile, MarketBeat’s “Why is Autodesk up today?” note summarises that the stock is trading higher on a mix of:
- The earnings‑driven gap up
- Multiple price‑target increases
- Raised earnings forecasts
- A generally constructive backdrop for large‑cap software names [30]
As always, technical signals can change quickly, but today’s batch of commentary skews constructively bullish in the near term.
8. What Today’s Autodesk News Means for Investors
Pulling all of November 28’s Autodesk stock news together, a few themes stand out:
- Analysts are leaning more bullish, not less.
- UBS’s $400 target and DA Davidson’s higher EPS forecasts add to an already optimistic chorus.
- Consensus targets around $360–$365 still sit well above today’s price, though there’s a wide range of views on fair value. [31]
- Earnings momentum is real – at least for now.
- The 18% revenue growth, EPS beat, and raised FY26 guidance show that Autodesk is still growing at a double‑digit clip while expanding margins. [32]
- Ownership is institutional and increasingly concentrated.
- With around 90% institutional ownership and several large investors adding to positions, Autodesk is firmly in big‑money territory, even as some funds trim. [33]
- Valuation and execution risks remain.
- Some research (e.g., recent Seeking Alpha commentary earlier this week) has warned about high valuation versus decelerating billings, even after the beat. [34]
- If growth slows or AI/platform investments take longer to monetize, the high‑teens revenue trajectory that underpins many of today’s price targets could come into question.
- Upcoming catalysts are on the calendar.
- Autodesk is scheduled to present at the UBS Global Technology and AI Conference on December 2, 2025, and at the Barclays Global Technology Conference on December 10, 2025, events where management often provides incremental updates on demand trends and strategy. [35]
- The next earnings report is expected around February 26, 2026, according to TradingView. [36]
Final note
Nothing in this article is financial advice. Autodesk’s stock has rallied on strong fundamentals and an increasingly bullish Wall Street narrative, but it also trades at a premium valuation and remains sensitive to macro conditions and software‑sector sentiment. Anyone considering Autodesk (ADSK) should carefully review the company’s official filings, listen to the latest earnings call, and consider speaking with a qualified financial adviser before making investment decisions.
References
1. www.investing.com, 2. www.investing.com, 3. www.tradingview.com, 4. www.investing.com, 5. www.investing.com, 6. 247wallst.com, 7. www.marketbeat.com, 8. www.investing.com, 9. www.marketbeat.com, 10. stockanalysis.com, 11. www.marketscreener.com, 12. www.investing.com, 13. www.benzinga.com, 14. simplywall.st, 15. www.marketbeat.com, 16. www.marketbeat.com, 17. www.marketbeat.com, 18. www.marketbeat.com, 19. www.marketbeat.com, 20. www.marketbeat.com, 21. www.marketbeat.com, 22. investors.autodesk.com, 23. www.investing.com, 24. www.investing.com, 25. seekingalpha.com, 26. seekingalpha.com, 27. www.schaeffersresearch.com, 28. www.investing.com, 29. stockinvest.us, 30. www.marketbeat.com, 31. www.investing.com, 32. www.investing.com, 33. www.marketbeat.com, 34. seekingalpha.com, 35. www.stocktitan.net, 36. www.tradingview.com
