Autodesk (ADSK) : Traders are bullish on Autodesk (ADSK) as it has outperformed the S&P 500 by a wide margin of 16.09% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 8.76%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 8.05% in the last 1 week, and is up 15.85% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 12.4% and the fifty day Moving Average is 18.12%. Autodesk, Inc. is up 16.06% in the last three month period. Year-to-Date the stock performance stands at 13.03%.
Autodesk (ADSK) : Average target price received by Autodesk (ADSK) is $60.08 with an expected standard deviation of $11.35. The most aggressive target on the stock is $81, whereas the most downbeat target is $42. 12 financial analysts are currently covering the stock.
Autodesk (NASDAQ:ADSK): stock turned positive on Friday. Though the stock opened at $66, the bulls momentum made the stock top out at $69.21 level for the day. The stock recorded a low of $65.06 and closed the trading day at $68.87, in the green by 8.12%. The total traded volume for the day was 6,591,406. The stock had closed at $63.7 in the previous days trading.
Autodesk, Inc. (Autodesk) is a design software and services company, offering customers productive business solutions through technology products and services. The Company serves customers in the architecture, engineering and construction; manufacturing, and digital media, consumer and entertainment industries. The Company operates in four segments: Architecture, Engineering and Construction (AEC), Platform Solutions and Emerging Business (PSEB), Manufacturing (MFG), and Media and Entertainment (M&E). The PSEB, AEC and MFG segments offer a range of services, including consulting, support and training. The M&E segment offers software products to creative professionals, post-production facilities and broadcasters for a variety of applications, including feature films, television programs, commercials, music and corporate videos, interactive game production, Web design and interactive Web streaming.