Autodesk (ADSK) vs. PTC and TRMB: Can Cloud and AI Investments Drive Faster Earnings Growth?

Is ADSK a good stock to buy? We came across a bullish thesis on Autodesk, Inc. on Astute Optics – US’s Substack. The thesis was published on September 11^th, when the stock was trading at $212.40, and ADSK gained 9.95% since then. The gain appears to reflect optimism around Autodesk’s new AI capabilities and renewed takeover interest in design software following Schneider Electric’s announced acquisition of PTC. In this article, we will summarize the bulls’ thesis on ADSK. Autodesk,...