Autodesk, Inc. (NASDAQ:ADSK) is one of the Hot AI Stocks to Keep on Your Radar. On January 13, Piper Sandler analyst Clarke Jeffries reiterated an Overweight rating on the stock with a $373.00 price target. The firm has deemed Autodesk as one of its “Top Picks for 2026” in their recent analyst note.
According to the firm, Autodesk has made considerable progress in implementing Generative AI solutions for architecture, engineering, construction, and manufacturing industries. The company has made remarkable strides in a span of few years in operationalizing AI technologies. This transition marks a meaningful monetization change in industries that have been long dependent on seat-based, file-format desktop tools.
The firm remarked how Autodesk’s has made “durable double-digit underlying growth with even some modest acceleration in 2025” even though it faced challenging macroeconomic conditions. Its growth trajectory is therefore a reflection of a robust stock as compared to what it was a few years ago.
Autodesk, Inc. (NASDAQ:ADSK), a multinational software corporation, leverages generative AI technology to drive innovation across the design, construction, manufacturing, and entertainment industries.
While we acknowledge the potential of ADSK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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