RBC Capital Reduced its PT on Autodesk, Inc. (ADSK) Stock

Autodesk, Inc. (NASDAQ:ADSK) is one of the Best Automation Stocks to Buy According to Analysts.

On February 27, RBC Capital reduced its price objective on the company’s stock to $335 from $340, while keeping an “Outperform” rating, as reported by The Fly. The firm noted that the company released strong results and gave better-than-anticipated initial guidance for FY 2027. Furthermore, the firm opines that the strength remains visible throughout the portfolio.

This impressive execution is expected to help mitigate potential disruption from the current go-to-market changes. Autodesk, Inc. (NASDAQ:ADSK) continues to demonstrate that it should be tagged as an AI beneficiary. The firm remains optimistic about the AI monetization opportunity.

In a different release, Autodesk, Inc. (NASDAQ:ADSK) released its Q4 2026 and FY 2026 results, with the company highlighting outperformance in AECO, mainly in construction and emerging markets. For Q1 2027, the company expects revenue of between $1,885 million - $1,900 million and EPS (GAAP) of $1.68 - $1.83.

Autodesk, Inc. (NASDAQ:ADSK) offers 3D design, engineering, and entertainment technology solutions. Autodesk Fusion helps in connecting data from design to manufacturing to production, embedded with powerful AI and automation, which tends to streamline workflows, eliminate repetitive tasks, as well as ramp up decision-making.

We recently covered that its Q4 Revenue rose 19% YoY, you can read that update here.

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.

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