Autodesk, Inc. (NASDAQ:ADSK) is one of the 12 High-Risk High-Reward Growth Stocks to Buy Right Now.
The stock’s price target sees a rise following a positive Q2 2026 and announcements of partnerships.
Autodesk, Inc. (NASDAQ:ADSK) reported its Q2 2026 earnings on August 28, 2025, where it highlighted a year-over-year growth in revenue of 17. The company also announced taking up the position as the Official Design and Make Platform for the New England Patriots, working with the Kraft Group on upgrades at Gillette Stadium. Also, it entered a partnership with Eaton to enhance building lifecycle management through digital twin solutions. With these agreements, the company earns a strong foothold in the market.
The stock’s price target was raised among analysts amid these developments. Berenberg, for instance, moved the price target from $365 to $370 while keeping a Buy rating. And Morgan Stanley raised the price target from $370 to $385 while maintaining an Overweight rating on the shares.
Despite these increases in price targets projecting a positive outlook, the company’s stocks are volatile with a beta of 1.50. Meanwhile, the risk is balanced by a consensus upside potential of 14.37%.
Based in California, Autodesk, Inc. (NASDAQ:ADSK) is a multinational software corporation that provides software products and services for a wide range of industries. The company was founded in 1982, and it is particularly known for its flagship product, AutoCAD, a computer-aided design (CAD) software.
While we acknowledge the potential of ADSK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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