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With a market cap of $29.2 billion, ANSYS, Inc. (ANSS) is a leading provider of engineering simulation software, offering solutions for structural, fluid, electromagnetic, and multiphysics analysis across industries and academia. Its key products include ANSYS Workbench, SCADE, Fluent, and Lumerical, with cloud-based solutions like ANSYS Cloud enhancing simulation capabilities.
Shares of the engineering-simulation software maker have underperformed the broader market over the past 52 weeks. ANSS stock has decreased 2.1% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 17.6%. Moreover, shares of ANSS are down 1.1% on a YTD basis, compared to SPX's 1.7% gain.