ANSYS, Inc. develops and markets engineering simulation software and services worldwide. The company offers ANSYS Workbench, a framework upon which its engineering simulation technologies are built; multiphysics software to simulate the interactions between structures, heat transfer, fluids, and electronics in a unified engineering simulation environment; high-performance computing product suite; and structural analysis product suite that provides simulation tools for product design and optimization. It also provides fluids product suite that enables modeling of fluid flow and other related physical phenomena; and electronics product suite that offers field simulation software for designing electronic and electromechanical products. In addition, the company offers power analysis and optimization software suite that manages the power budget, power delivery integrity, and power-induced noise in an electronic design; SCADE product suite, a solution for embedded software simulation, code production, and automated certification; system simulation capability for the design of automated products; and optical sensor and closed-loop, and real-time simulation, as well as safety-certified embedded software solutions. Further, it provides Discovery product family for use in the simulation of product design; Ansys Granta products to give access to material intelligence; and academic product suite with a portfolio of academic products based on associate, research, and teaching, as well as develops photonic design and simulation tools. The company serves engineers, designers, researchers, and students in the aerospace and defense, automotive, electronics, semiconductors, energy, materials and chemical processing, turbomachinery, consumer products, healthcare, and sports industries. It has a collaboration with Velodyne to develop software models of next-generation automotive lidar sensors. ANSYS, Inc. was founded in 1970 and is headquartered in Canonsburg, Pennsylvania.
IPO Year: 1996
Exchange: NASDAQ
Website: ansys.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/14/2023 | $356.00 → $295.00 | Buy → Underperform | BofA Securities |
| 12/14/2022 | $281.00 → $295.00 | Neutral → Outperform | Robert W. Baird |
| 10/24/2022 | $295.00 → $270.00 | Neutral → Buy | Rosenblatt |
| 9/16/2022 | $275.00 | Underweight → Overweight | JP Morgan |
| 8/17/2022 | $320.00 | Outperform | Wolfe Research |
| 7/27/2022 | $285.00 | Outperform | Oppenheimer |
| 3/29/2022 | $310.00 | Neutral | Mizuho |
| 3/25/2022 | $253.00 | Sell | Daiwa Securities |
| 2/25/2022 | $437.00 → $389.00 | Outperform | Credit Suisse |
| 2/25/2022 | $425.00 → $350.00 | Sector Perform | RBC Capital |
Wingcopter refines its drone designs with simulation, increasing flight distance while retaining payload capacity and delivering essential supplies faster / Key Highlights Wingcopter develops drones that can autonomously deliver vital supplies to hard-to-reach areas, including vaccines, medicine, blood/other lab samples, and medical equipment — speeding deliveries and cutting costsSupported by Ansys, Wingcopter leverages simulation to accelerate virtual prototyping of its drone technology, enabling robust, scalable product design that could increase the flight range by over 10%Ansys' technology easily connects to Wingcopter's legacy tools, empowering teams to follow rigorous R&D processes a
Through simulation-led product development, Turbotech becomes first company to successfully run a scalable turboprop out of a cryogenic hydrogen tank / Key Highlights Leveraging Ansys simulation to validate its innovative design, Turbotech's hydrogen turbine propulsion system can operate with high efficiency and produce zero carbon emissions for light aviationTurbotech integrates Ansys across its designs — from component to system — creating a digital thread that drives significant time and cost savings when developing hydrogen propulsion systemsTurbotech uses Ansys Fluent™ fluid simulation software to redesign turbine components for hydrogen, initially through the Ansys Startup ProgramPITT
/ Q1 2025 Results Revenue of $504.9 millionGAAP diluted earnings per share of $0.59 and non-GAAP diluted earnings per share of $1.64GAAP operating profit margin of 11.7% and non-GAAP operating profit margin of 33.5%Operating cash flows of $398.9 million and unlevered operating cash flows of $407.1 millionAnnual contract value (ACV) of $410.1 millionDeferred revenue and backlog of $1,627.7 million on March 31, 2025 PITTSBURGH, April 30, 2025 (GLOBE NEWSWIRE) -- ANSYS, Inc. (NASDAQ:ANSS) today reported first quarter 2025 revenue of $504.9 million, an increase of 8% in reported currency, or 10% in constant currency, when compared to the first quarter of 2024. For the first quarter o
Signoff certification includes power integrity, multi-die thermal reliability, and electromagnetic modeling for AI and HPC applications / Key Highlights Ansys RedHawk-SC™ and Ansys Totem™ power integrity signoff platforms and Ansys HFSS-IC™ Pro electromagnetic simulation software are certified for Intel's 18A transistor process technologyAnsys and Intel Foundry deliver a thermal and multiphysics signoff flow for Intel Foundry's Embedded Multi-Die Interconnect Bridge (EMIB) technology, including Ansys RedHawk-SC Electrothermal™ signoff platform, and Ansys SIwave™ package electromagnetics simulation software and HFSS-IC Pro for signal integrity signoff and extending EMIB-TAnsys joins the Inte
AI-based workflows aid advanced node designs, ensuring design and system technology co-optimization for HPC and AI applications / Key Highlights TSMC and Ansys advance AI-assisted workflows to support design optimization during technology node migration and photonic design optimization with TSMC's Compact Universal Photonic Engine (COUPE) platformAnsys RedHawk-SC™ and Ansys Totem™ power integrity and electromigration reliability platforms and Ansys RedHawk-SC-Electrothermal™ multiphysics platform are certified for TSMC's latest A16™ processAnsys HFSS-IC Pro system-on-chip (SoC) electromagnetic solution is certified for TSMC's 5nm and 3nm processPITTSBURGH, April 23, 2025 /PRNewswire/ -- Thr
PITTSBURGH, April 17, 2025 /PRNewswire/ -- ANSYS, Inc. (NASDAQ:ANSS) announced today that the Company expects to release its first quarter earnings on Wednesday, April 30, 2025, after the market closes. As previously announced, in light of the pending transaction with Synopsys, Inc. (Synopsys), Ansys has suspended quarterly earnings conference calls and no longer provides quarterly or annual guidance. After the market closes on Wednesday, April 30, 2025, you can find the following information on the investor section of our website at https://investors.ansys.com: the earnings p
Ansys' accelerated, high-capacity approach to verifying electrical design rules for final validation addresses critical industry need as chips rapidly increase in size / Key Highlights Ansys PathFinder-SC™ electrostatic discharge (ESD) reliability analysis solution for point-to-point (P2P) and current density (CD) is certified for TSMC's N2 process technologyTSMC certified the accuracy of Ansys SeaScape™ cloud-optimized electronic design automation platform solutions including Ansys RedHawk-SC™, PathFinder-SC, Ansys RedHawk-SC Electrothermal™, in addition to Ansys Totem™ running on distributed cloud servicesPITTSBURGH, April 2, 2025 /PRNewswire/ -- Ansys (NASDAQ:ANSS) today announced that Pa
Ansys Fluent solvers powered by AMD Instinct GPUs reduce simulation run time by 96%, unlocking transformative possibilities for high-fidelity CFD analysis / Key Highlights Baker Hughes solved a 2.2-billion-cell axial turbine simulation with Ansys Fluent® fluid simulation software and 1,024 AMD Instinct™ MI250X graphics processing units (GPUs) on the world's first exascale supercomputer at the Oak Ridge National LaboratoryLeveraging GPUs on exascale supercomputing systems accelerates computation, allowing for rapid iterations that shorten design-to-market timelinesThe collaboration marks a breakthrough in computational fluid dynamics (CFD) simulation, delivering unprecedented accuracy and spe
Ansys' photonic solvers are certified for use with the GF Fotonix™ platform, enabling users to design passive and active photonic components, reduce costs, and improve photonics chips performance / Key Highlights GlobalFoundries certified four Ansys photonic solvers, including Ansys Lumerical FDTD™ advanced 3D nano-photonic simulation software and Ansys Lumerical MODE™ optical waveguide design toolAdditional certifications include Ansys Lumerical CHARGE™ physics-based transport solver and Ansys Lumerical HEAT™ physics-based transport solverThe certifications help customers design high-performing photonic components for the next generation of photonic integrated circuits (PICs), enabling fas
Select NVIDIA Omniverse-powered features will be available for Ansys high-fidelity CFD and autonomous vehicle solutions in Q3 2025, with additional applications to follow Key Highlights Integrating NVIDIA Omniverse into Ansys software will enable users to visualize simulation data in photorealistic digital environments, providing more intuitive engineering insights for applications in automotive, aerospace, electronics, healthcare, energy, and moreThe first Ansys solutions to newly incorporate NVIDIA Omniverse APIs and Omniverse Kit App Streaming will be Ansys Fluent® fluid simulation software and Ansys AVxcelerate Sensors™ autonomous vehicle sensorsPITTSBURGH, March 18, 2025 /PRNewswire/
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BofA Securities downgraded ANSYS from Buy to Underperform and set a new price target of $295.00 from $356.00 previously
Robert W. Baird upgraded ANSYS from Neutral to Outperform and set a new price target of $295.00 from $281.00 previously
Rosenblatt upgraded ANSYS from Neutral to Buy and set a new price target of $270.00 from $295.00 previously
JP Morgan upgraded ANSYS from Underweight to Overweight and set a new price target of $275.00
Wolfe Research initiated coverage of ANSYS with a rating of Outperform and set a new price target of $320.00
Oppenheimer initiated coverage of ANSYS with a rating of Outperform and set a new price target of $285.00
Mizuho initiated coverage of ANSYS with a rating of Neutral and set a new price target of $310.00
Daiwa Securities initiated coverage of ANSYS with a rating of Sell and set a new price target of $253.00
Credit Suisse reiterated coverage of Ansys with a rating of Outperform and set a new price target of $389.00 from $437.00 previously
RBC Capital reiterated coverage of Ansys with a rating of Sector Perform and set a new price target of $350.00 from $425.00 previously
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Funded by the CHIPS Act, Microelectronics Commons will rely on Ansys digital engineering technology to support the evolution of domestically manufactured semiconductors / Key Highlights Microelectronics Commons (Commons) network has eight regional technology hubs focused on spurring domestic innovation in 5G/6G, artificial intelligence (AI), electromagnetic (EM) spectrum dominance, Internet-of-Things (IoT) computing, and quantum and leap-ahead technologiesAnsys will provide services to six of the eight hubs through the Cross Hub Enablement Solution (CHES) program — MMEC, CA DREAMS, NEMC, NORDTECH, NW AI, SWAPAnsys Government Initiatives (AGI) — the United States national security division o
SUNNYVALE, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) -- 23andMe Holding Co. (NASDAQ:ME) (the "Company" or "23andMe"), a leading human genetics and preventive health company, today announced the appointments of Andre Fernandez, Jim Frankola, and Mark Jensen, three accomplished and experienced executives, as independent members of the Company's Board of Directors (the "Board"), effective on October 28, 2024. Each of Mr. Fernandez, Mr. Frankola, and Mr. Jensen have been appointed to serve as members of the Board's Audit Committee and Compensation Committee, with Mr. Fernandez serving as the Chair of the Audit Committee and Mr. Jensen serving as the Chair of the Compensation Committee. In additio
Seasoned HR professional brings decades of experience to global leader and innovator of engineering simulation software / Key Highlights Kathleen Weslock named as Vice President of Human Resources at AnsysWeslock brings decades of experience in fostering corporate cultures and ability to scale HR organizationsPITTSBURGH, June 26, 2023 /PRNewswire/ -- Ansys (NASDAQ:ANSS) has named Kathleen Weslock, an industry veteran with decades of experience in human resources, labor relations, and mergers and acquisitions, as its vice president of human resources. Prior to joining Ansys, We
Addition of new director strengthens executive expertise in financial and strategic planning, digital transformation, and mergers and acquisitions / Key HighlightsClaire Bramley appointed to Ansys Board of DirectorsBramley has decades of financial experience including global transformations and M&APITTSBURGH, Dec. 16, 2022 /PRNewswire/ -- Ansys (NASDAQ:ANSS) today announced that Claire Bramley accepted an appointment to the Ansys Board of Directors, effective December 15, 2022 – bringing deep expertise in leading large-scale fiscal and operational disciplines; driving financial and strategic planning; and managing complex mergers and acquisitions (M&A).
PITTSBURGH, Dec. 02, 2022 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ:FSTR), a global solutions provider of products and services for the rail and infrastructure markets, announced today that Ms. Janet Lee has been appointed to the Company's Board of Directors effective January 1, 2023, following the retirements of Ms. Suzanne B. Rowland and Robert S. Purgason on December 31, 2022. Ms. Lee brings a wide range of knowledge and skills to the board that includes more than three decades of legal experience in both private practice and in global, public companies leading up to her current position of Vice President, General Counsel, and Secretary of ANSYS, Inc. (NASDAQ:ANSS), in which capa
PITTSBURGH, Oct. 26, 2021 /PRNewswire/ -- / Key Highlights Anil Chakravarthy appointed to Ansys Board of Directors Chakravarthy brings decades of experience in digital transformation, SaaS and cloud technologies Ansys (NASDAQ:ANSS) today announced that Anil Chakravarthy accepted an appointment to the Ansys Board of Directors, effective Oct. 26, 2021 – bringing with him deep expertise in digital transformation, SaaS and cloud technologies. As the executive vice president and general manager of Digital Experience and Worldwide Field Operations at Adobe Inc., Chakravarthy driv
PITTSBURGH, March 15, 2021 /PRNewswire/ -- Ansys (NASDAQ: ANSS) today announced that Jim Frankola accepted an appointment to the Ansys Board of Directors, effective March 12, 2021 – bringing with him more than 25 years of business transformation, corporate governance and financial experience. Continue Reading (PRNewsfoto/Ansys) Frankola is the chief financial officer (CFO) of Cloudera, an enterprise data cloud company. He previously served as CFO of Yodlee, Inc., a data aggregation and data analytics platform company, and CFO of Ariba, Inc., a software and information technology services company. In addition to his CFO roles, Frankola has held various
PITTSBURGH, March 15, 2021 /PRNewswire/ -- Ansys (NASDAQ: ANSS) today announced that Jim Frankola accepted an appointment to the Ansys Board of Directors, effective March 12, 2021 – bringing with him more than 25 years of business transformation, corporate governance and financial experience. Continue Reading Frankola is the chief financial officer (CFO) of Cloudera, an enterprise data cloud company. He previously served as CFO of Yodlee, Inc., a data aggregation and data analytics platform company, and CFO of Ariba, Inc., a software and information technology services company. In addition to his CFO roles, Frankola has held various senior positions i
PITTSBURGH, April 17, 2025 /PRNewswire/ -- ANSYS, Inc. (NASDAQ:ANSS) announced today that the Company expects to release its first quarter earnings on Wednesday, April 30, 2025, after the market closes. As previously announced, in light of the pending transaction with Synopsys, Inc. (Synopsys), Ansys has suspended quarterly earnings conference calls and no longer provides quarterly or annual guidance. After the market closes on Wednesday, April 30, 2025, you can find the following information on the investor section of our website at https://investors.ansys.com: the earnings p
PITTSBURGH, Jan. 23, 2025 /PRNewswire/ -- ANSYS, Inc. (NASDAQ:ANSS) announced today that the Company expects to release its fourth quarter and FY 2024 earnings on Wednesday, February 19, 2025, after the market closes. As previously announced, in light of the pending transaction with Synopsys, Inc. (Synopsys), Ansys has suspended quarterly earnings conference calls and no longer provides quarterly or annual guidance. After the market closes on Wednesday, February 19, 2025, you can find the following information on the investor section of our website at https://investors.ansys.c
PITTSBURGH, Oct. 17, 2024 /PRNewswire/ -- ANSYS, Inc. (NASDAQ:ANSS) announced today that the Company expects to release its third quarter earnings on Wednesday, November 6, 2024, after the market closes. As previously announced, in light of the pending transaction with Synopsys, Inc. (Synopsys), Ansys has suspended quarterly earnings conference calls and no longer provides quarterly or annual guidance. After the market closes on Wednesday, November 6, 2024, you can find the following information on the investor section of our website at https://investors.ansys.com: the earning
PITTSBURGH, July 18, 2024 /PRNewswire/ -- ANSYS, Inc. (NASDAQ:ANSS) announced today that the Company expects to release its second quarter earnings on Wednesday, July 31, 2024, after the market closes. As previously announced, in light of the pending transaction with Synopsys, Inc. (Synopsys), Ansys has suspended quarterly earnings conference calls and no longer provides quarterly or annual guidance. After the market closes on Wednesday, July 31, 2024, you can find the following information on the investor section of our website at https://investors.ansys.com: the earnings pre
PITTSBURGH, April 18, 2024 /PRNewswire/ -- ANSYS, Inc. (NASDAQ:ANSS) announced today that the Company expects to release its first quarter earnings on Wednesday, May 1, 2024, after the market closes. As previously announced, in light of the pending transaction with Synopsys, Inc. (Synopsys), Ansys has suspended quarterly earnings conference calls and no longer provides quarterly or annual guidance. After the market closes on Wednesday, May 1, 2024, you can find the following information on the investor section of our website at https://investors.ansys.com: the earnings press r
/ Q4 2023 Results GAAP and non-GAAP revenue of $805.1 millionGAAP diluted earnings per share of $3.14 and non-GAAP diluted earnings per share of $3.94GAAP operating profit margin of 41.4% and non-GAAP operating profit margin of 53.0%Operating cash flows of $232.7 million and unlevered operating cash flows of $242.8 millionAnnual contract value (ACV) of $955.2 million / FY 2023 Results GAAP and non-GAAP revenue of $2,269.9 millionGAAP diluted earnings per share of $5.73 and non-GAAP diluted earnings per share of $8.80GAAP operating profit margin of 27.6% and non-GAAP operating profit margin of 42.6%Operating cash flows of $717.1 million and unlevered operating cash flows of $755.1 millionA
PITTSBURGH, Feb. 1, 2024 /PRNewswire/ -- ANSYS, Inc. (NASDAQ:ANSS) announced today that the Company expects to release its fourth quarter and FY 2023 earnings on Wednesday, February 21, 2024, after the market closes. In light of the pending transaction with Synopsys, Inc. (Synopsys), Ansys is suspending quarterly earnings conference calls and will no longer be providing quarterly or annual guidance. After the market closes on Wednesday, February 21, 2024, you can find the following information on the investor section of our website at https://investors.ansys.com: the earnings
Highlights: Combines Leaders in Semiconductor Design Technology and Simulation and Analysis to Address Customers' Needs for Fusion of Electronics and Physics, Augmented with AIEnhances and Accelerates Synopsys' Silicon to Systems Strategy in Core EDA and New Attractive, Adjacent Growth AreasExpands Synopsys' TAM by 1.5x to ~$28 Billion, Growing at ~11% CAGR1Delivers High-Growth, High-Margin, Recurring Revenue; Expected to Expand Non-GAAP Operating Margins by ~125 Basis Points and Unlevered FCF Margins by ~75 Basis Points in First Full Year Post ClosingExpected to Be Accretive to Non-GAAP EPS Within Second Full Year Post-Close and Substantially Accretive Thereafter2SUNNYVALE, Calif. and PITTS
Updates FY 2023 Outlook Details related to our financial guidance, including assumptions, are included in our prepared remarks document. / Key Highlights - Q3 2023 GAAP and non-GAAP revenue of $458.8 millionGAAP diluted earnings per share of $0.64 and non-GAAP diluted earnings per share of $1.41GAAP operating profit margin of 15.2% and non-GAAP operating profit margin of 34.1%Operating cash flows of $160.8 million and unlevered operating cash flows of $170.6 millionAnnual contract value (ACV) of $457.5 millionDeferred revenue and backlog of $1,205.7 million on September 30, 2023Incremental restrictions for export to China negatively impacted revenue and ACV by $20.0 millionReaffirm lon
PITTSBURGH, Oct. 12, 2023 /PRNewswire/ -- ANSYS, Inc. (NASDAQ:ANSS) announced today that the Company expects to release its third quarter earnings on Wednesday, November 1, 2023, after the market closes. The Company will hold a conference call conducted by Ajei Gopal, president and chief executive officer and Nicole Anasenes, chief financial officer and senior vice president of finance at 8:30 a.m. Eastern Time on Thursday, November 2, 2023 to discuss third quarter 2023 results and future outlook. CONFERENCE CALL INFORMATION: What: Ansys Third Quarter 2023 Earnings Conference