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ANSYS (ANSS) Stock Forecast & Price Target

ANSYS logo
$342.24 +2.72 (+0.80%)
(As of 11/20/2024 ET)

ANSYS - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
4
Buy
1

Based on 6 Wall Street analysts who have issued ratings for ANSYS in the last 12 months, the stock has a consensus rating of "Hold." Out of the 6 analysts, 1 has given a sell rating, 4 have given a hold rating, and 1 has given a buy rating for ANSS.

Consensus Price Target

$342.50
0.08% Upside
According to the 6 analysts' twelve-month price targets for ANSYS, the average price target is $342.50. The highest price target for ANSS is $365.00, while the lowest price target for ANSS is $330.00. The average price target represents a forecasted upside of 0.08% from the current price of $342.24.
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ANSS Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
4 Buy rating(s)
Hold
4 Hold rating(s)
6 Hold rating(s)
6 Hold rating(s)
4 Hold rating(s)
Sell
1 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$342.50$318.33$318.33$313.90
Forecasted Upside0.08% Upside-2.25% Downside-1.58% Downside5.15% Upside
Consensus Rating
Hold
Reduce
Reduce
Hold

ANSS Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ANSS Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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ANSYS Stock vs. The Competition

TypeANSYSComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.00
2.68
2.50
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside0.08% Upside550.20% Upside9.83% Upside
News Sentiment Rating
Positive News

See Recent ANSS News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/7/2024Robert W. Baird
2 of 5 stars
 Boost TargetOutperform ➝ Outperform$350.00 ➝ $365.00+4.58%
8/6/2024Rosenblatt Securities
3 of 5 stars
 Lower TargetNeutral ➝ Neutral$345.00 ➝ $335.00+12.97%
6/27/2024KeyCorp
3 of 5 stars
 Initiated CoverageSector Weight
2/22/2024Barclays
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 Boost TargetUnderweight ➝ Underweight$314.00 ➝ $340.00-0.63%
1/17/2024Mizuho
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 Lower TargetNeutral ➝ Neutral$350.00 ➝ $330.00+1.58%
1/17/2024Wolfe Research
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 Reiterated RatingOutperform ➝ Peer Perform
11/14/2023Bank of America
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 DowngradeBuy ➝ Underperform$356.00 ➝ $295.00+1.37%
11/3/2023Oppenheimer
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 Lower TargetOutperform ➝ Outperform$400.00 ➝ $320.00+11.18%
11/3/2023Royal Bank of Canada
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 Lower TargetSector Perform ➝ Sector Perform$310.00 ➝ $290.00+0.52%
11/2/2023William Blair
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D. Becker
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Reiterated RatingMarket Perform
4/24/2023Citigroup
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 Boost Target$326.00 ➝ $347.00+7.24%
4/18/2023Loop Capital
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 Boost TargetHold$310.00 ➝ $315.00-1.85%
2/27/2023JPMorgan Chase & Co.
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 Boost TargetOverweight$275.00 ➝ $300.00+2.97%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 08:48 AM ET.


Should I Buy ANSYS Stock? ANSS Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, November 1, 2024. Please send any questions or comments about these ANSYS pros and cons to contact@marketbeat.com.

ANSYS
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in ANSYS, Inc.:

  • ANSYS, Inc. develops and markets engineering simulation software and services for engineers, designers, researchers, and students globally, providing a wide market reach.
  • Recent developments in ANSYS, Inc.'s software have shown significant improvements in structural analysis capabilities, enhancing its competitive edge in the industry.
  • With a focus on innovation, ANSYS, Inc. continues to release updated versions of its software, ensuring that customers have access to cutting-edge technology.
  • Investors may find ANSYS, Inc. attractive due to its consistent revenue growth and strong financial performance in recent periods.
  • The current stock price of ANSYS, Inc. is favorable for investors looking to enter the market at a reasonable valuation.

ANSYS
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in ANSYS, Inc. for these reasons:

  • While ANSYS, Inc. has shown strong financial performance, there may be concerns about potential market saturation in the engineering simulation software industry.
  • Competitors in the market could pose a threat to ANSYS, Inc.'s market share, leading to increased competition and potential pricing pressures.
  • Fluctuations in global economic conditions could impact the demand for engineering simulation software, affecting ANSYS, Inc.'s revenue and profitability.
  • Investors should consider the potential risks associated with investing in a technology-focused company like ANSYS, Inc., including rapid changes in the industry and technological advancements.
  • While the current stock price of ANSYS, Inc. may be attractive, investors should conduct thorough research and analysis to assess the company's long-term growth prospects and sustainability.

ANSS Forecast - Frequently Asked Questions

According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for ANSYS is $342.50, with a high forecast of $365.00 and a low forecast of $330.00.

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ANSYS in the last twelve months. There is currently 1 sell rating, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ANSS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ANSS, but not buy additional shares or sell existing shares.

According to analysts, ANSYS's stock has a predicted upside of 0.08% based on their 12-month stock forecasts.

ANSYS has been rated by research analysts at Robert W. Baird in the past 90 days.

Analysts like ANSYS less than other "computer and technology" companies. The consensus rating for ANSYS is Hold while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how ANSS compares to other companies.


This page (NASDAQ:ANSS) was last updated on 11/21/2024 by MarketBeat.com Staff
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