Autodesk Inc. (ADSK)

NYSE · Technology

Latest Move · 2026-02-24

+2.01%
Rebounds with tech sector as software earnings week begins under AI cloud

Autodesk stock rose 2.0% on February 24, 2026. The company announced a partnership with BioDapt, a prosthetics company founded by U.S. Paralympian Mike Schultz, to advance next-generation prosthetics for para athletes. The collaboration will use Autodesk's Fusion AI-powered manufacturing cloud platform to redesign and refine prosthetic components. Schultz is retiring from competitive para snowboarding after his final competition in Cortina and transitioning to full-time leadership of BioDapt. The partnership aims to help BioDapt scale innovation across winter and summer para sports. Wall Street analysts maintained mixed sentiment on the stock, with Oppenheimer maintaining an Outperform rating while lowering its price target to $325, and Loop Capital lowering its target to $250. The company is scheduled to report Q4 earnings this week with Wall Street projecting earnings of $2.63 per share and revenues of $1.91 billion.

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Previous Move

-3.50%
Slides toward 52-week low as multiple analyst price target cuts precede earnings
2026-02-23

Frequently Asked Questions

Why did Autodesk Inc. stock move today?

Autodesk stock rose 2.0% on February 24, 2026. The company announced a partnership with BioDapt, a prosthetics company founded by U.S. Paralympian Mike Schultz, to advance next-generation prosthetics for para athletes. The collaboration will use Autodesk's Fusion AI-powered manufacturing cloud platform to redesign and refine prosthetic components. Schultz is retiring from competitive para snowboarding after his final competition in Cortina and transitioning to full-time leadership of BioDapt. The partnership aims to help BioDapt scale innovation across winter and summer para sports. Wall Street analysts maintained mixed sentiment on the stock, with Oppenheimer maintaining an Outperform rating while lowering its price target to $325, and Loop Capital lowering its target to $250. The company is scheduled to report Q4 earnings this week with Wall Street projecting earnings of $2.63 per share and revenues of $1.91 billion.

What does Autodesk Inc. do?

Autodesk makes design and engineering software used by architects, engineers, and manufacturers — products like AutoCAD and Revit are industry standards in construction and infrastructure. The company is restructuring with a 7% workforce cut to redirect investment toward cloud and AI, including a $200 million bet on spatial AI startup World Labs. With Q4 earnings due February 26 and a wave of analyst price target reductions despite maintained Buy ratings, the stock sits near its 52-week low as the broader software sector faces intense selling pressure on AI disruption fears.

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