ANSYS (ANSS) Stock Forecast & Price Target

$350.00 +1.06 (+0.30%)

(As of 11/22/2024 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

Hold

Based on 6 Analyst Ratings

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
-2.14% Downside

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 downside of -2.14% from the current price of $350.00.

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ANSS Analyst Ratings Over Time

Type	Current Forecast 11/24/23 to 11/23/24	1 Month Ago 10/25/23 to 10/24/24	3 Months Ago 8/26/23 to 8/25/24	1 Year Ago 11/24/22 to 11/24/23
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 Upside	-2.14% Downside	-0.94% Downside	-1.58% Downside	5.37% Upside
Consensus Rating	Hold	Reduce	Reduce	Hold

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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.

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.

ANSYS Stock vs. The Competition

Type	ANSYS	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.00	2.67	2.50
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	-2.14% Downside	540.85% Upside	7.66% Upside
News Sentiment Rating	Positive News See Recent ANSS News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
11/7/2024	Robert W. Baird 2 of 5 stars		Boost Target	Outperform ➝ Outperform	$350.00 ➝ $365.00	+4.58%
8/6/2024	Rosenblatt Securities 3 of 5 stars		Lower Target	Neutral ➝ Neutral	$345.00 ➝ $335.00	+12.97%
6/27/2024	KeyCorp 3 of 5 stars		Initiated Coverage	Sector Weight
2/22/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underweight ➝ Underweight	$314.00 ➝ $340.00	-0.63%
1/17/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$350.00 ➝ $330.00	+1.58%
1/17/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Peer Perform
Get the Latest News and Ratings for ANSS and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for ANSYS and its competitors with MarketBeat's FREE daily newsletter.
11/14/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Underperform	$356.00 ➝ $295.00	+1.37%
11/3/2023	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$400.00 ➝ $320.00	+11.18%
11/3/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sector Perform ➝ Sector Perform	$310.00 ➝ $290.00	+0.52%
11/2/2023	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Becker Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Market Perform
4/24/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$326.00 ➝ $347.00	+7.24%
4/18/2023	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold	$310.00 ➝ $315.00	-1.85%
2/27/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight	$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 Saturday at 03:22 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 Wednesday, November 20, 2024. Please send any questions or comments about these ANSYS pros and cons to contact@marketbeat.com.

ANSYS
Bull Case

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

Strong Market Position: ANSYS, Inc. is a leader in engineering simulation software, which is increasingly essential for product development across various industries, enhancing its growth potential.
Robust Financial Health: The company has a low debt-to-equity ratio of 0.13, indicating a strong balance sheet and lower financial risk, which is attractive to investors.
High Institutional Ownership: With 92.39% of the stock owned by institutional investors, there is significant confidence in the company's future performance, often seen as a positive indicator for retail investors.
Recent Stock Performance: The current stock price is $340.58, reflecting a solid performance and potential for further appreciation, especially given its 52-week high of $364.31.
Strong Liquidity Ratios: ANSYS, Inc. has a current ratio and quick ratio of 3.11, suggesting that it can easily meet its short-term obligations, which is a sign of financial stability.

ANSYS
Bear Case

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

High Valuation Metrics: The P/E ratio of 52.40 and PEG ratio of 3.76 indicate that the stock may be overvalued compared to its earnings growth, which could deter value-focused investors.
Market Volatility: With a beta of 1.11, ANSYS, Inc. is slightly more volatile than the market, which could lead to larger price swings and increased risk for investors.
Recent Insider Selling: A director recently sold 152 shares, which could signal a lack of confidence in the stock's short-term performance, potentially raising concerns among investors.
Dependence on Institutional Investors: While high institutional ownership can be a positive, it also means that the stock's price may be more susceptible to large sell-offs if institutions decide to reduce their positions.
Limited Growth in Certain Markets: As a mature company, ANSYS, Inc. may face challenges in expanding its market share in saturated markets, which could limit future growth opportunities.

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 research analysts have issued "buy," "hold," and "sell" ratings for ANSYS in the last year. There is currently 1 sell rating, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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 downside of -2.14% 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.

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This page (NASDAQ:ANSS) was last updated on 11/23/2024 by MarketBeat.com Staff

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ANSYS (ANSS) Stock Forecast & Price Target