RBC Capital Lowers its Price Target on Autodesk, Inc. (ADSK) to $340 and Maintains an Outperform Rating

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Autodesk, Inc. (NASDAQ:ADSK) is among the 10 Best Consensus Buy-Rated Stocks to Invest in. On February 11, 2026, RBC Capital analyst Matthew Hedberg lowered the firm’s price target on Autodesk, Inc. (NASDAQ:ADSK) to $340 from $380 and maintained an Outperform rating as part of a broader research note ahead of Q4 earnings in software. The firm cited negative investor sentiment toward the sector and said it prefers companies with a clearer path to AI monetization and consolidation across cyber, data and infrastructure, and vertical SaaS. RBC also said it is updating its price target models to reflect significant year-to-date multiple compression.

Earlier, on February 2, 2026, JPMorgan upgraded Autodesk, Inc. (NASDAQ:ADSK) to Overweight from Neutral with an unchanged $319 price target, pointing to “diverging fundamentals” across the industrial software space. The firm said Autodesk stands out for its leadership in design and building information modeling software and highlighted the rapid adoption of cloud and AI technologies. JPMorgan added that the company is positioned to capture an outsized share in high-growth verticals such as data centers and infrastructure.

On February 10, 2026, Reuters reported that Autodesk filed a lawsuit against Alphabet’s Google, alleging infringement of its “Flow” trademark. According to the complaint filed in San Francisco federal court, Autodesk said it began using the Flow name in September 2022 for visual effects and production management products and was surprised when Google launched its own Flow software in May 2025, targeting similar customers.

RBC Capital Lowers its Price Target on Autodesk, Inc. (ADSK) to $340 and Maintains an Outperform Rating

Autodesk, Inc. (NASDAQ:ADSK) provides 3D design, engineering, and entertainment software solutions globally, including products such as AutoCAD Civil 3D, Revit, Autodesk Build, BIM Collaborate Pro, BuildingConnected, and Tandem.

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