Autodesk Price Target Raised to $331

Citigroup increases price target for software company's stock

Published on Mar. 6, 2026

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Autodesk (NASDAQ:ADSK), the software company known for design and creation tools used in architecture, engineering, construction, manufacturing, and media, had its price target increased from $315 to $331 by Citigroup. The firm maintained its buy rating on Autodesk's stock.

Why it matters

Autodesk is a major player in the design software industry, with its products used across various sectors. An increased price target from a prominent investment bank like Citigroup suggests confidence in the company's growth prospects and could signal positive momentum for the stock.

The details

Citigroup raised Autodesk's price target from $315 to $331 in a research report. The firm cited the software company's strong performance and growth potential. Other research firms have also recently weighed in on Autodesk, with some lowering their price targets due to market conditions, while the majority maintain buy or overweight ratings on the stock.

  • The price target increase was announced on Tuesday, March 6, 2026.

The players

Autodesk

An American software company that develops design and creation tools for the architecture, engineering, construction, manufacturing, and media and entertainment industries.

Citigroup

A multinational investment bank and financial services corporation that provides research coverage on Autodesk.

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The takeaway

The increased price target from Citigroup suggests Wall Street's continued confidence in Autodesk's growth potential, despite some recent market volatility affecting the software sector. This could signal positive momentum for the company's stock in the near future.