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.
根據派傑投資的分析，經過近期回調後，歐特克公司（納斯達克：ADSK）的股票看起來更具吸引力，而2025年的超額表現路徑似乎更加"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·傑弗里斯將歐特克的評級從中立上調至增持，同時將目標價格從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.
論點：傑弗里斯在升級說明中表示，股價比公司財年第三季度業績發佈後的高點下跌了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.
由於賈內什·穆爾賈尼被任命爲財務長，以及對歐特克在2026財年的表現的不確定性，股價遭遇壓力，"外匯和新的交易模型"加劇了這種情況，他補充道。
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.
分析師表示，由於新財務長的任命，公司尚未提供新的目標。歐特克需要"明確制定新的效率目標，"他補充道。
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.
歐特克在2024財年"已經走出了多年賬單低谷的最陡部分"，其自由現金流可能在今年增長超過40%，而且公司可能會"在未來一年更積極地部署現金進行資本回報政策，"傑弗里斯進一步寫道。
Price Action: Shares of Autodesk had risen by 1.37% to $294.80 at the time of publication on Wednesday.
價格動態：截至星期三發佈時，歐特克的股票上漲了1.37%，達到了294.80美元。
Read More:
閱讀更多：
- Stock Of The Day: Autodesk Beats Earnings As Shares Find Support At This Level
- 今日股票：歐特克業績超預期，股價在此壓力位得到支撐。
Image: Courtesy of Autodesk
圖片：歐特克提供
譯文內容由第三人軟體翻譯。
