ANSYS Inc

ANSYS Inc Stock Forecast & Price Prediction

Live ANSYS Inc Stock (ANSS) Price
$339.70

13

Ratings

  • Buy 2
  • Hold 10
  • Sell 1
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$339.70

P/E Ratio

52.50

Volume Traded Today

$243,537

Dividend

Dividends not available for ANSS

52 Week High/low

364.31/289.82

ANSYS Inc Market Cap

$29.71B

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ANSS Summary

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.

ANSS Analyst Ratings

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.

ANSS stock forecast by analyst

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

ANSS Company Information

What They Do: Develops engineering simulation software and services.

Business Model: The company generates revenue by selling a range of engineering simulation software and services targeted at various industries, including product design, electronics, and fluid dynamics. Their offerings include specialized suites for structural analysis, electromagnetic simulations, embedded software, and materials management, which cater to engineers, designers, and researchers globally.

Other Information: Founded in 1970 and headquartered in Canonsburg, Pennsylvania, ANSYS, Inc. operates internationally, providing tools crucial for product optimization and innovation. The company's extensive product portfolio positions it as a leader in the engineering simulation sector, appealing to a diverse client base across multiple regions.
ANSS
ANSYS Inc (ANSS)

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

ANSYS Inc (ANSS) Financial Data

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

$1.68B

Revenue From 2021

$1.91B

13.41 %
From Previous Year

Revenue From 2022

$2.07B

8.33 %
From Previous Year

Revenue From 2023

$2.27B

9.90 %
From Previous Year
  • Revenue TTM $2.47B
  • Operating Margin TTM 26.8%
  • Gross profit TTM $2.00B
  • Return on assets TTM 6.1%
  • Return on equity TTM 10.5%
  • Profit Margin 23.0%
  • Book Value Per Share 66.67%
  • Market capitalisation $29.71B
  • Revenue for 2021 $1.91B
  • Revenue for 2022 $2.07B
  • Revenue for 2023 $2.27B
  • EPS this year (TTM) $6.47

ANSYS Inc (ANSS) Latest News

News Image

Fri, 06 Dec 2024

Sentiment - POSITIVE

Source - CNBC Television

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.

News Image

Thu, 05 Dec 2024

Sentiment - NEUTRAL

Source - PRNewsWire

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.

News Image

Thu, 05 Dec 2024

Sentiment - NEUTRAL

Source - Schwab Network

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.

News Image

Mon, 25 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Tue, 19 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

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.

News Image

Thu, 21 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

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.

...

ANSS Frequently asked questions

The highest forecasted price for ANSS is $375 from at .

The lowest forecasted price for ANSS is $327 from Joe Vruwink from Baird

The ANSS analyst ratings consensus are 2 buy ratings, 10 hold ratings, and 1 sell ratings.