"Citi anticipates a lack of significant catalysts for these stocks over the next year, a view that puts patience-testing pressure on a name that's already pulled back sharply from its 52-week high of $329.09."
"Building agentic AI for the real world requires specialized data, context, and expertise. Scaling and monetizing it requires a platform and next-generation business models and go-to-market. Few companies have all these advantages. Autodesk does."
Citi analyst Tyler Radke downgraded Autodesk from Buy to Neutral, reducing the price target to $246 due to a selective approach to software stocks. Autodesk shares are under pressure, trading at $223 and down 24% year-to-date. Despite this, the broader analyst community maintains a consensus target of $331.62. Autodesk has transitioned to a subscription model, generating $7.206 billion in revenue for FY26, with a focus on AI integration as a key growth area.
Read at 24/7 Wall St.
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