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.
派珀·桑德勒表示，在最近的回調之後，Autodesk Inc（納斯達克股票代碼：ADSK）的股票似乎更具吸引力，而2025年的跑贏大盤之路似乎 「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.
分析師：分析師克拉克·傑弗里斯將Autodesk的評級從中性上調至增持，同時將目標股價從311美元上調至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.
論點：傑弗里斯在升級報告中表示，股價較該公司發佈第三財季業績後的高點下跌了8％。
Check out other analyst stock ratings.
查看其他分析師的股票評級。
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.
他補充說，由於任命詹內什·穆爾賈尼爲財務長以及Autodesk在2026財年業績的不確定性，再加上外匯和 「新交易模式」 「加劇」，該股承壓。
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.
該分析師表示，由於新的財務長上任，該公司尚未提供新的目標。他補充說，Autodesk需要 「具體定義新的效率目標」。
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.
傑弗里斯進一步寫道，Autodesk退出了 「24財年多年賬單低谷中最艱難的時期」，其自由現金流今年可能增長40％以上，該公司可能 「在來年更積極地向資本回報政策部署現金」。
Price Action: Shares of Autodesk had risen by 1.37% to $294.80 at the time of publication on Wednesday.
價格走勢：週三發佈時，Autodesk的股價上漲了1.37％，至294.80美元。
Read More:
閱讀更多：
- Stock Of The Day: Autodesk Beats Earnings As Shares Find Support At This Level
- 每日股票：隨着股票在該水平獲得支撐，Autodesk超過了收益
Image: Courtesy of Autodesk
圖片：由 Autodesk 提供
