Autodesk (ADSK) Teams Up With A Cloud Giant To Unlock New Opportunities
Key takeaways
- (NASDAQ:ADSK) announced a strategic collaboration with Amazon Web Services on June 3 aimed at advancing cloud-based design and engineering solutions for enterprise customers.
- On June 1, Citi raised its price target on Autodesk, Inc.
- (NASDAQ:ADSK) is a global software company headquartered in San Francisco, California, and was founded in 1982.
Autodesk (ADSK) Teams Up With A Cloud Giant To Unlock New Opportunities Sajjl Nooranne Mon, June 8, 2026 at 5:42 AM GMT+7 2 min read ADSK With a short percentage of shares outstanding of 2.81%, Autodesk, Inc. (NASDAQ:ADSK) is among the 7 Best 3D Printing Stocks to Buy for Aerospace Components.
Autodesk, Inc. (NASDAQ:ADSK) announced a strategic collaboration with Amazon Web Services on June 3 aimed at advancing cloud-based design and engineering solutions for enterprise customers. Under the agreement, Autodesk products will be made available through AWS Marketplace beginning in the second quarter of Autodesk’s fiscal year, enabling streamlined procurement, billing efficiency, and broader accessibility for customers. The partnership also focuses on integrating AWS cloud and AI capabilities into Autodesk’s platform to enhance design, construction, and operational workflows across industries.
On June 1, Citi raised its price target on Autodesk, Inc. (NASDAQ:ADSK) to $252 from $246 while maintaining a Neutral rating. The firm described Autodesk’s quarterly results as strong, although it noted that slowing core business momentum could weigh on the stock in the near term.