Autodesk, Inc. logo ADSK - Autodesk, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 38
HOLD 9
SELL 4
STRONG
SELL
0
| PRICE TARGET: $338.23 DETAILS
HIGH: $380.00
LOW: $279.00
MEDIAN: $341.00
CONSENSUS: $338.23
UPSIDE: 40.35%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 80% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Fair Value Mild
Trading 7.5% below fair value
Current Price $240.99
Bear Case $172.45 28.4% downside ($172.45 - $240.99) / $240.99 = -28.4% 8% stage 1 growth, 12% discount
Fair Value $260.56 8.1% upside ($260.56 - $240.99) / $240.99 = 8.1% 14% stage 1 growth, 12% discount
Bull Case $356.13 47.8% upside ($356.13 - $240.99) / $240.99 = 47.8% 18% stage 1 growth, 12% discount

Adjust Assumptions

14.1%
12.0%
3.0%

Key Value Driver

FCF growth rate (14% base case)

Terminal Value % of EV 38%
Implied Market Multiple 28.1x

Plain-Language Summary

Our base-case estimate uses a two-stage discounted cash flow model based on free cash flow. We then blend that result with the average analyst price target of $338.23 from 51 analysts, using a 35% weight on analyst consensus. That produces an estimated intrinsic value of $260.56 per share.

Warnings

Stock-based employee pay equals 70% of profits. This dilutes existing shareholders, so cash flow alone overstates what owners really earn.
Wall Street's average price target is $338.23 (from 51 analysts). Our estimate is 35% below the consensus -- consider that gap carefully.

Key Risks

  • P/E alone misleads — earnings depressed by growth investment
  • Cyclical or commodity businesses may be misclassified as platforms
  • Terminal value dominance suggests sensitivity to long-run assumptions