Autodesk (ADSK) Earns Top Pick Status at Piper Sandler on AI Progress

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 risk and potential of ADSK as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ADSK and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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