1149 ET - Autodesk's momentum from a solid third quarter of sales is likely to carry into next year and beyond, Mizuho analyst Siti Panigrahi writes in a note. The digital-design company's architecture, engineering, construction and operations revenue remains strong, and friction is easing from its transition to a new transaction model, Panigrahi writes. In the long term, Autodesk is prioritizing artificial intelligence and cloud work while modernizing its tech stack, and management has remained disciplined about operating expenses, Panigrahi writes. "Given the smooth roll-out of the new transaction model and improving competitive positioning, we remain confident that Autodesk can accelerate its growth and profitability in the long run," he writes. Autodesk shares are up 3.2%. (elias.schisgall@wsj.com)

(END) Dow Jones Newswires

November 26, 2025 11:49 ET (16:49 GMT)

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