ANSYS downgraded by BofA Securities with a new price target
$ANSS
Computer Software: Prepackaged Software
Technology
BofA Securities downgraded ANSYS from Buy to Underperform and set a new price target of $295.00 from $356.00 previously
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| 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 |
4 - ANSYS INC (0001013462) (Issuer)
4 - ANSYS INC (0001013462) (Issuer)
4 - ANSYS INC (0001013462) (Issuer)
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
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
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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
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SC 13G/A - ANSYS INC (0001013462) (Subject)
SC 13G/A - ANSYS INC (0001013462) (Subject)
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