📅 2 days ago Analyzed on Jan 16, 2026

ADSK

Autodesk Inc.
2026-01-16 09:03 PM
+1.23%
Autodesk rebounds after multi-day selloff, supported by analyst optimism
Autodesk gained modestly following several days of declines. MarketBeat reports a 'Moderate Buy' consensus from 31 brokerages with an average price target around $370, while Piper Sandler reiterated an Overweight rating calling ADSK a 'Top Pick for 2026' citing AI progress.

Analysis

This appears to be a technical bounce after a rough stretch—ADSK dropped over 5% between Tuesday and Wednesday amid broader tech weakness tied to China-Nvidia chip restrictions. Today's recovery remains modest relative to those losses. The positive analyst coverage provides a supportive backdrop, though no new company-specific catalyst emerged today. Volume was normal, suggesting this is more of a stabilization than conviction buying.

Date: 2026-01-16
Price: $265.61
Type: Stock Specific
Confidence: medium

This is a permanent link to this specific analysis (ID: 2507)

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