Street Confidence Builds as Autodesk, Inc. (ADSK) Gains Enterprise Traction

Autodesk, Inc. (NASDAQ:ADSK) is among the best money-making stocks to buy right now. On February 10, Nay Soe Naing from Berenberg Bank reiterated a Buy rating on Autodesk, Inc. (NASDAQ:ADSK), while setting a price target of $370. This suggests an upside potential of approximately 60%.

Earlier, on February 2, JPMorgan upgraded Autodesk, Inc. (NASDAQ:ADSK) to Overweight from Neutral. Its price target of $319 implies 37.96% upside. The firm attributed this to the company’s positioning in design and Building Information Modeling (BIM) software. According to JPMorgan, big names are turning to the company for their design and compliance needs, as underpinned by positive customer feedback.

With its cloud-native platform and accelerated AI integration, Autodesk, Inc. (NASDAQ:ADSK) appears to be the industry benchmark for architects, engineers, and contractors, JPMorgan asserted. The firm highlighted the company’s position in high-growth verticals, including data centers and infrastructure, and its efforts in sustainability analytics and regulatory compliance, which it believes will help it benefit from surging reporting demands.

Autodesk, Inc. (NASDAQ:ADSK) is a California-based company that provides 3D design, engineering, and entertainment technology solutions. Incorporated in 1982, the company serves a wide range of markets, including engineering, construction, education, and entertainment.

While we acknowledge the potential of ADSK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.

Disclosure: None.