Professional
Added to YB: 2024-08-19
Pitch date: 2024-08-06
ADSK [neutral]
Autodesk, Inc.
+25.82%
current return
Author Info
No bio for this author
Company Info
Autodesk, Inc. provides 3D design, engineering, and entertainment technology solutions worldwide. It offers AutoCAD Civil 3D, a surveying, design, analysis, and documentation solution; Autodesk Build, a toolset for managing, sharing, and accessing project documents for streamlined workflows between the office, trailer, and jobsite; Revit, a software built for building information modeling to help professionals design, build, and maintain energy-efficient buildings; Autodesk BIM Collaborate Pro, cloud-based design collaboration and design management software; BuildingConnected, a SaaS preconstruction solution; and Tandem, a cloud-based platform that transforms the built asset lifecycle.
Market Cap
$61.9B
Pitch Price
$236.56
Price Target
N/A
Dividend
N/A
EV/EBITDA
35.96
P/E
60.44
EV/Sales
9.40
Sector
Software
Category
turnaround
Starboard Value Believe Autodesk Has an Opportunity to Create Significant Value
ADSK: Underperformed vs peers under CEO Anagnost. Missed Investor Day targets, misleading disclosures, poor compensation practices. Opportunity to improve margins by 500bps in S&M, 300bps in G&A. Target 55% incremental margins vs 36% expected. Board must hold mgmt accountable, tie comp to targets/TSR. $3.4B Adj EBITDA, 45%+ margins by FY27 possible.
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