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Stock of the Day: Autodesk

Autodesk
ADSK 90-day performance NASDAQ:ADSK Autodesk
Current Price
$318.51
-2.56 (-0.80%)
(As of 04:00 PM ET)
30 Day Performance
11.08%
  
 
90 Day Performance
7.90%
  
 
1 Year Performance
18.97%
  
 
Market Capitalization
$67.84B
P/E Ratio
65.94
Price Target
$356.83

Autodesk, Inc. (NASDAQ: ADSK) is a leading software company specializing in design, engineering and entertainment creation solutions. The company develops and sells a comprehensive portfolio of applications for industries such as architecture, civil engineering, construction, manufacturing, automotive, and media & entertainment. By offering integrated design platforms and cloud-based services, Autodesk enables professionals to conceptualize, model and simulate their projects with precision and efficiency.

Among its flagship products are AutoCAD, a versatile computer-aided design (CAD) application widely used across multiple disciplines; Revit, a building information modeling (BIM) tool for architects and construction engineers; and Fusion 360, a cloud-enabled product development platform that unifies CAD, computer-aided manufacturing (CAM) and computer-aided engineering (CAE) workflows. In the media and entertainment sector, Autodesk’s Maya and 3ds Max software are industry staples for animation, visual effects and game development.

Autodesk serves a global customer base that spans small design studios to large multinational enterprises. The company distributes its software through direct subscription sales, digital marketplaces and a network of authorized resellers. With offices in North America, Europe, Asia and Latin America, Autodesk provides localized support, training and consulting services to help clients optimize their design and production processes across diverse markets.

Founded in 1982 and headquartered in San Rafael, California, Autodesk has evolved from its early success with AutoCAD into a diversified provider of digital design solutions. Andrew Anagnost, who joined the company’s executive leadership in 2006 and became CEO in 2017, has guided Autodesk’s transition to cloud-based subscription offerings. Under his leadership, the company has continued to expand its software ecosystem and invest in emerging areas such as generative design, digital twins and sustainable product development.

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