Barclays (LON:BARC) analyst Saket Kalia maintained a Buy rating on Autodesk (NASDAQ:ADSK) on Tuesday, setting a price target of $346, which is approximately 33.58% above the present share price of $259.02.
Kalia expects Autodesk to post earnings per share (EPS) of $0.62 for the fourth quarter of 2021.
The current consensus among 16 TipRanks analysts is for a Strong Buy rating of shares in Autodesk, with an average price target of $340.
The analysts price targets range from a high of $440 to a low of $250.
In its latest earnings report, released on 10/31/2021, the company reported a quarterly revenue of $1.13 billion and a net profit of $193.3 million. The company's market cap is $56.95 billion.
According to TipRanks.com, Barclays analyst Saket Kalia is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 17.3% and a 58.24% success rate.
Autodesk, Inc. designs and develops software for the architecture, engineering, manufacturing, construction, and media and entertainment industries. Moreover, its digital media and entertainment solutions consists of tools for digital sculpting, animation, effects, modeling, rendering, and compositing for design visualization, visual effects, and games production.