- Market participants are underpricing the future effects of the large infrastructure bills in the U.S. and EU on future fundamental growth factors.
- Revenue growth is likely to be in the higher historical ranges as construction and manufacturing obtain a boost over the next decade, increasing demand by Autodesk's customers for software products.
- Higher revenue growth rates are warranted to fully reflect these developments, suggesting a target price of $398.
For further details see:
Autodesk: Massive Infrastructure Projects In U.S. And Europe Point To 21% Upside