** Shares of design software company Autodesk ADSK.O rise 7.6% to $316.9 in premarket trading
** Co forecast Q4 revenue and profit above Street estimates, boosted by subscription renewals and demand for AI-driven design tools
** J.P. Morgan says co's strong execution, integrated platform strategy, and emphasis on AI give it a solid foundation for long-term, sustainable growth
** Co expects Q4 revenue between $1.90 billion and $1.92 billion; Q3 revenue of $1.85 billion beat analyst estimates
** 25 of 31 brokerages rate the stock "buy" or higher, 6 "hold"; their median PT is $375 - data compiled by LSEG
** Up to last day's close, stock down marginally YTD
(Reporting by Kanishka Ajmera in Bengaluru)
((Kanishka.Ajmera@thomsonreuters.com))