Rosenblatt Upgrades Ansys to Buy, Lowers Price Target to $270
Rosenblatt analyst Blair Abernethy upgrades Ansys (NASDAQ:ANSS) from Neutral to Buy and lowers the price target from $295 to $270.
Where Ansys Stands With Analysts
Over the past 3 months, 6 analysts have published their opinion on Ansys (NASDAQ:ANSS) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.
Ansys And AMD Collaborate To Speed Simulation Of Large Structural Mechanical Models Up To 6x Faster
Ansys delivers one of the first commercial finite element analysis solvers supporting AMD Instinct™ accelerators
Ansys is investing in graphics processing units (GPUs) as an emerging, sustainable and powerful
Wolfe Research Initiates Coverage On Ansys with Outperform Rating, Announces Price Target of $320
Wolfe Research analyst Gal Munda initiates coverage on Ansys (NASDAQ:ANSS) with a Outperform rating and announces Price Target of $320.
‘Investor Anxiety’ On Software Stocks Prevails, But This Analyst Sees Hope In A Few Stocks, With Questions Around Others — Like Palantir
On average, software companies beat Q2 revenue estimates by 2% and profitability expectations by 5%, RBC analyst Matthew Hedberg said.
Q3 was guided lower for both revenue and profitability while stocks moved on average 2.1% higher the day following earnings.
Unimpressed Analyst Questions Ansys’s New Forecast Over Durability, Industry Tailwinds
Earlier this week, ANSYS, Inc (NASDAQ: ANSS) held a virtual analyst day.
Analyst Ratings for Ansys
Analysts have provided the following ratings for Ansys (NASDAQ:ANSS) within the last quarter:
$100 Invested In Ansys 10 Years Ago Would Be Worth This Much Today
Ansys (NASDAQ:ANSS) has outperformed the market over the past 10 years by 4.37% on an annualized basis producing an average annual return of 15.71%. Currently, Ansys has a market capitalization of $25.05 billion.