Autodesk Could Return Capital More Aggressively In 2025: Analyst
Autodesk Could Return Capital More Aggressively In 2025: Analyst
After the recent pullback, shares of Autodesk Inc (NASDAQ:ADSK) appear more attractive, while the path for outperformance seems "cleaner" in 2025, according to Piper Sandler.
根据派杰投资的分析，经过近期回调后，欧特克公司（纳斯达克：ADSK）的股票看起来更具吸引力，而2025年的超额表现路径似乎更加"清晰"。
The Analyst: Analyst Clarke Jeffries upgraded the rating for Autodesk from Neutral to Overweight, while raising the price target from $311 to $357.
分析师：分析师克拉克·杰弗里斯将欧特克的评级从中立上调至增持，同时将目标价格从311美元提升至357美元。
The Thesis: The share price is down 8% from the highs reached after the company's fiscal third-quarter earnings release, Jeffries said in the upgrade note.
论点：杰弗里斯在升级说明中表示，股价比公司财年第三季度财报发布后的高点下跌了8%。
Check out other analyst stock ratings.
查看其他分析师的股票评级。
The stock came under pressure due to the appointment of Janesh Moorjani as the CFO and uncertainty around Autodesk's performance in fiscal 2026, "compounded" by FX and the "new transaction model," he added.
由于贾内什·穆尔贾尼被任命为首席财务官，以及对欧特克在2026财年的表现的不确定性，股价遭遇压力，"外汇和新的交易模型"加剧了这种情况，他补充道。
Due to a new CFO coming in, the company has not yet provided new targets, the analyst stated. Autodesk needs to "concretely define new efficiency goals," he added.
分析师表示，由于新首席财务官的任命，公司尚未提供新的目标。欧特克需要"明确制定新的效率目标，"他补充道。
Autodesk exited "the steepest part of the multi-year billings trough in FY24" and its free cash flows could grow by more than 40% this year, and the company could "deploy cash more aggressively toward capital return policies in the coming year," Jeffries further wrote.
欧特克在2024财年"已经走出了多年账单低谷的最陡部分"，其自由现金流可能在今年增长超过40%，而且公司可能会"在未来一年更积极地部署现金进行资本回报政策，"杰弗里斯进一步写道。
Price Action: Shares of Autodesk had risen by 1.37% to $294.80 at the time of publication on Wednesday.
价格动态：截至星期三发布时，欧特克的股票上涨了1.37%，达到了294.80美元。
Read More:
阅读更多：
- Stock Of The Day: Autodesk Beats Earnings As Shares Find Support At This Level
- 今日股票：欧特克业绩超预期，股价在此压力位得到支撑。
Image: Courtesy of Autodesk
图片：欧特克提供