Loop Capital Initiates Coverage on Autodesk, Inc. (ADSK) with 'Hold' Rating

By earning a spot on Ethisphere’s 2025 list of the World’s Most Ethical Companies and attracting significant hedge fund interest, Autodesk, Inc. (NASDAQ:ADSK) secures a place on our list of the 12 Best Ethical Companies to Invest in 2025.

On July 23, Loop Capital started coverage on Autodesk, Inc. (NASDAQ:ADSK) with a ‘Hold’ rating, setting a $320 price target. The company’s share price is currently at $301.10, and this price target implies an upside potential of 6.28%. The analyst attributed the ‘Hold’ rating to softness in the company’s core construction market, marked by high interest rates and rising material costs. However, the analyst remains optimistic about ADSK’s long-term potential.

Meanwhile, it was reported weeks ago that Autodesk, Inc. (NASDAQ:ADSK) was planning to acquire PTC, a Boston-based rival engineering company. However, those plans have since changed. On July 14, 2025, Bloomberg reported that ADSK is no longer thinking of acquiring PTC. The share price of Autodesk went off on a downward slope following the news of potential acquisition; however, it’s gaining upward momentum now. The share price is up 3.06% over the past week.

Autodesk, Inc. (NASDAQ:ADSK), a global 3D design, engineering, construction, and entertainment software company, offers cutting-edge tools for everything from infrastructure to animation. It is one of the best ESG stocks.

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Disclosure: None.