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Autodesk Stock Forecast: Autodesk Can Shoot Up To $200

The 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.

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.