ANSYS upgraded by Rosenblatt with a new price target
$ANSS
Computer Software: Prepackaged Software
Technology
Rosenblatt upgraded ANSYS from Neutral to Buy and set a new price target of $270.00 from $295.00 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 |
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