Autodesk Stock: Is Wall Street Bullish or Bearish?

Autodesk, Inc. (ADSK) is a global software company with a market capitalization of around $128.2 billion. Based in San Francisco, California, the company's technology caters to various industries including architecture, engineering, construction, product design, manufacturing, media, and entertainment. Over the past year, Autodesk's shares have underperformed the broader market, with a 14.8% decline compared to the S&P 500 Index's 19.3% gain.

Similarly, on a year-to-date basis, ADSK has lost 16.6%, while the S&P 500 has gained 12.4%. Despite these underperformances, Autodesk remains a strong buy according to 27 analysts, with a consensus rating of Strong Buy and an average price target of $320.72, implying a 30% upside potential.