Valued at a market cap of $29.7 billion, ANSYS, Inc. (ANSS) develops and markets engineering simulation software and services for engineers, designers, researchers, and students. Headquartered in Canonsburg, Pennsylvania, the company’s products include Ansys Mechanical and Ansys High Frequency Structure Simulator.

Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and ANSYS fits this criterion perfectly. The company focuses on developing open and flexible solutions that enable users to analyze designs on-premises and/or via the cloud, providing a unified platform for product development, from design concept to final-stage testing, validation, and deployment.

ANSYS’ stock has declined 6.9% from its 52-week high of $363.03. ANSS' stock has gained 6.4% over the past three months, performing weaker than the iShares Expanded Tech-Software Sector ETF’s (IGV) 20.4% increase.

Longer term, shares of ANSS increased marginally on a YTD basis, underperforming IGV’s 6.1% rise over the same time frame. Moreover, ANSS stock has risen 4% over the past 52 weeks, lagging behind the IGV’s 29.8% surge. 

Despite some fluctuations, the stock has been trading above its 50-day and 200-day moving averages since May. 

Shares of ANSS fell marginally following the release of its mixed Q1 2025 results on Apr. 30. Quarterly revenue rose 8.2% from the prior year quarter to $504.9 million, but came in below Wall Street estimates by a notable margin. Meanwhile, its adjusted EPS increased 18% year-over-year to $1.64 but also missed the consensus forecast.

Moreover, compared to its peer, Snowflake Inc. (SNOW) has surpassed ANSS stock. SNOW stock has soared 34.8% on a YTD basis and 65.4% over the past 52 weeks.

Due to ANSS’ underperformance relative to its industry peers over the past year, analysts are cautious about its prospects. The stock has a consensus rating of “Hold” from the 12 analysts covering the stock. As of writing, the stock is trading below the mean price target of $352.22.