Autodesk Stock Forecast: Autodesk Can Shoot Up To $200

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology  – Senior Analyst at I Know First

Summary:

  • The 15.3% one-day in Autodesk’s surge post-earnings validated my May 2018 call for investors to raise their bets on this company.
  • Like Adobe before it, Autodesk is eventually going to reap stronger cash flow and profitability from going full-bore on software subscription.
  • Autodesk only went all-out on software subscription last June 2017. As of July 31, 2018, Autodesk now touts 2.86 million software subscribers.
  • All or most of Autodesk’s customers will likely switch to subscription. Subscription will turn out to be more cost effective than perpetual license maintenance contracts.
  • Autodesk’s stock has a very bullish 12-month algorithmic forecast from I Know First. I Know First’s AI has a great history of correctly predicting one-year performance of ADSK.

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Autodesk Stock Predictions: Autodesk Still Has Upside Potential Of Up to 100%

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology  – Senior Analyst at I Know First

ADSK Stock Predictions

Summary:
  • Autodesk’s stock has risen more than 107% since my previous go-long recommendation for it last July 4, 2016.
  • I am again reiterating that ADSK is still worth buying right now.
  • Autodesk’s successful transition of its software products to the Software-as-a-Service business model means it will continue to dominate CAD and 3D design software.
  • Like Adobe’s experience, monthly/annual subscription-based software distribution is a great way to minimize the impact of software piracy.
  • My buy rating for ADSK is strongly supported by the algorithmic forecasts of I Know First.

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