The ANSYS Inc (ANSS) share price is expected to increase by 3.88% over the next year. This is based on calculating the average 12-month share price estimate provided by 13 stock analysts who have covered ANSS. Price targets range from $327 at the low end to $375 at the high end. The current analyst consensus for ANSS is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 13 Wall Street analysts have assignedANSS 2 buy ratings, 10 hold ratings, and 1 sell ratings. This means that analysts expect ANSYS Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on ANSS. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of ANSS.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Joe Vruwink Baird | Outperform | $365 | Maintains | Nov 7, 2024 |
Blair Abernethy Rosenblatt | Neutral | $335 | Maintains | Aug 6, 2024 |
Jason Celino Keybanc | Sector Weight | Initiates | Jun 27, 2024 | |
Blair Abernethy Rosenblatt | Neutral | $345 | Maintains | May 3, 2024 |
Blair Abernethy Rosenblatt | Neutral | $345 | Reiterates | Mar 5, 2024 |
Saket Kalia Barclays | Underweight | $340 | Maintains | Feb 22, 2024 |
Joshua Tilton Wolfe Research | Peer Perform | Downgrade | Jan 17, 2024 | |
Matthew Broome Mizuho | Neutral | $330 | Maintains | Jan 17, 2024 |
Blair Abernethy Rosenblatt | Neutral | $345 | Downgrade | Jan 17, 2024 |
Andrew Obin B of A Securities | Underperform | $295 | Downgrade | Nov 14, 2023 |
Mizuho | Neutral | Maintains | Nov 6, 2023 | |
Ken Wong Oppenheimer | Outperform | $320 | Maintains | Nov 3, 2023 |
Matthew Hedberg RBC Capital | Sector Perform | $290 | Maintains | Nov 3, 2023 |
Blair Abernethy Rosenblatt | Buy | $332 | Maintains | Nov 3, 2023 |
Matthew Hedberg RBC Capital | Sector Perform | $310 | Reiterates | Aug 4, 2023 |
Blair Abernethy Rosenblatt | Buy | $320 | Reiterates | Aug 4, 2023 |
Saket Kalia Barclays | Underweight | $303 | Maintains | Jul 14, 2023 |
Matthew Hedberg RBC Capital | Sector Perform | $310 | Maintains | May 5, 2023 |
Tyler Radke Citigroup | Neutral | $341 | Maintains | May 5, 2023 |
Tyler Radke Citigroup | Neutral | $347 | Maintains | Apr 24, 2023 |
When did it IPO
1996
Staff Count
6,400
Country
United States
Sector/Industry
Technology/Software - Application
CEO
Dr. Ajei S. Gopal Ph.D.
Market Cap
$29.71B
In 2023, ANSS generated $2.27B in revenue, which was a increase of 9.90% from the previous year. This can be seen as a signal that ANSS's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Kim Forrest, CIO at Bokeh Capital Partners, discusses small-cap investments and her positive outlook on Ansys in a segment on The Exchange.
Why It Matters - Kim Forrest's insights on small-cap trends and her preference for Ansys could signal investment opportunities or risks in that sector, impacting stock valuations and investor strategies.
Summary - Ansys and Cummins have extended their collaboration, enhancing Cummins' simulation capabilities for product design, aiming to improve sustainability and efficiency while reducing costs.
Why It Matters - The extended agreement between Ansys and Cummins enhances product development efficiency, potentially boosting Cummins' profitability and market competitiveness, which positively impacts Ansys' growth prospects.
Summary - Synopsys CFO Shelagh Glaser addresses stock decline, citing calendar year setup as a factor in reduced guidance, but highlights positive revenue growth outlook.
Why It Matters - Synopsys' CFO addressing lowered guidance and promising revenue growth indicates potential volatility and future recovery, impacting investor sentiment and stock valuation.
Summary - Ansys has secured a contract to provide digital engineering solutions to the Microelectronics Commons, aimed at enhancing national security.
Why It Matters - Ansys securing a contract for digital engineering solutions highlights its role in national security, potentially increasing revenue and enhancing its reputation in a vital sector.
Summary - Ansys is integrating NVIDIA's Modulus AI framework into its SeaScape platform, enhancing design optimization and speeding up thermal simulations by over 100x for semiconductor products.
Why It Matters - The integration enhances Ansysโ offerings, potentially boosting demand for its products in semiconductor design, driving revenue growth and increasing competitiveness in AI-driven markets.
Summary - Ansys (NASDAQ: ANSS) has secured a contract to provide digital engineering solutions to the Microelectronics Commons, enhancing U.S. semiconductor innovation and national security with access to its simulation suite.
Why It Matters - The partnership between Ansys and Microelectronics Commons enhances U.S. semiconductor innovation, boosting national security and potentially increasing demand for Ansys' technology, impacting its stock value positively.