Deutsche Bank has upgraded Autodesk Inc (ADSK) to a Buy rating from Hold, signaling a more favorable outlook on the company's future performance. This shift follows a series of strong earnings results, including a Q3 2026 EPS of $2.67, surpassing estimates by 4.8%.
Headquartered in San Francisco, Autodesk specializes in design software and services for various industries, including architecture, engineering, and construction. The company boasts a market capitalization of $61.9 billion and a P/E ratio of 59.39, indicating robust investor interest.
The upgrade reflects improved analyst sentiment, likely driven by enhanced fundamentals and confidence in Autodesk's strategic direction. As of November 1, 2025, the analyst consensus for Autodesk stands at 10 Strong Buy, 20 Buy, and 7 Hold.
Looking ahead, Autodesk is expected to report earnings on February 25, 2026, with an estimated EPS of $2.58 and revenue of $1.9 billion. This update provides insight into the evolving perceptions of Autodesk's market position and growth potential.