Autodesk Sees Analysts Boost Targets 60% Upside and Invests $200M in AI Startup
Berenberg reiterated Buy on Autodesk with a $370 price target implying ~60% upside, and JPMorgan upgraded to Overweight with a $319 target for ~38% gain on robust BIM, cloud and AI traction. Autodesk also invested $200M in Fei-Fei Li’s World Labs as adviser to advance spatial intelligence.
1. Analyst Upgrades Highlight Significant Upside Potential
Berenberg Bank reiterated a Buy rating on Autodesk with a $370 price target, signaling roughly 60% upside potential. JPMorgan followed with an upgrade to Overweight and a $319 target, noting strong demand for the company’s design, BIM software and cloud-native AI features in data centers, infrastructure and sustainability analytics.
2. Strategic $200M Investment in Spatial Intelligence
Autodesk committed $200 million to Fei-Fei Li’s World Labs and will serve as an adviser to accelerate spatial intelligence development. The funding aims to integrate 3D world reasoning models into Autodesk’s platforms for enhanced AR/VR, robotics and compliance solutions.