Autodesk Inc (NASDAQ:ADSK) stock fell 2.29% (As on January 13, 11:33:49 AM UTC-4, Source: Google Finance) after Rothschild & Co Redburn initiated coverage of the company with a Buy rating and $375 price target. The firm sees Autodesk’s appeal at current trading levels as it forecasts the platform to deliver 5.0%-5.5% growth above its industries between 2024 and 2027, higher than the 3.5%-4% implied by consensus. Autodesk is the global leader in architecture, engineering and construction software, a market Rothschild estimates could reach about $51 billion by fiscal 2029.

While Autodesk already has high penetration in design software through products such as AutoCAD and Revit, the analysts expect it to strengthen that position. They cited wider adoption of building information modeling policies, monetisation of AI features and steady global construction activity as key supports. Rothschild forecasts design revenue to grow at a 12% annual pace between fiscal 2025 and fiscal 2029. Rothschild sees a larger growth opportunity in construction phase software, known as Make. The firm expects Autodesk to gain share in this area by linking its design tools more closely with construction workflows. It forecasts Make revenue growth of nearly 20% a year over the same period, driven by Autodesk Construction Cloud. Management has said construction revenue is growing about twice as fast as the design business. Rothschild also highlighted Autodesk’s pricing power. The software is deeply embedded in customer workflows and widely used across companies and universities, which creates high switching costs. That allows Autodesk to push through mid single digit price increases on a regular basis, supporting steady underlying growth.

Moreover, Piper Sandler has reiterated an Overweight rating on ADSK with a price target of $373.00. The research firm highlighted Autodesk as one of its “Top Picks for 2026” in a recent analyst note, citing the company’s significant progress in implementing Generative AI solutions for architecture, engineering, construction, and manufacturing industries. This optimism is supported by Autodesk’s impressive 15.55% revenue growth over the last twelve months and its position as a prominent player in the Software industry. Piper Sandler noted that Autodesk has “made remarkable strides in just a few years” in operationalizing these AI technologies, potentially enabling meaningful monetization changes in industries that have traditionally relied on seat-based, file-format desktop tools for decades. The firm pointed to Autodesk’s fundamental performance, specifically its “durable double-digit underlying growth with even some modest acceleration in 2025” despite challenging macroeconomic conditions. This assessment is reflected in Autodesk’s exceptional 92.13% gross profit margin and projected 17% revenue growth for fiscal 2026.