Based on ratings from 4 stock analysts, the Aspen Technology Inc stock price is expected to increase by 24.58% in 12 months. This is calculated by using the average 12-month stock price forecast for Aspen Technology Inc. The lowest target is $196.00 and the highest is $255.00. Please note analyst price targets are not guaranteed and could be missed completely.
About 4 Wall Street analysts have assigned AZPN 3 buy ratings, 1 hold ratings, and 0 sell ratings. This means that analysts expect Aspen Technology Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on AZPN. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
andrew obin Bank of America Securities | Buy | $255.0 | reiterated | Feb 7, 2024 |
matthew pfau William Blair | Hold | None | maintained | Feb 7, 2024 |
mark schappel Loop Capital Markets | Buy | $220.0 | rated | Feb 7, 2024 |
robert oliver Robert W. Baird | Buy | $225.0 | rated | Feb 7, 2024 |
jason celino KeyBanc | Hold | None | reiterated | Feb 7, 2024 |
clarke jeffries Piper Sandler | Hold | $196.0 | rated | Jan 9, 2024 |
nay soe naing Berenberg Bank | Hold | $185.0 | maintained | May 9, 2023 |
gal munda Wolfe Research | Hold | None | initiatedcoverage | Aug 17, 2022 |
weston twigg Piper Sandler | Hold | $189.0 | maintained | Jun 28, 2022 |
Aspen Technology, Inc. provides industrial software that focuses on helping customers in asset-intensive industries worldwide. The company's solutions address complex environments where it is critical to optimize the asset design, operation, and maintenance lifecycle. Its software is used in performance engineering, modeling and design, supply chain management, predictive and prescriptive maintenance, digital grid management, and industrial data management. The company serves a range of asset-intensive industries, including oil and gas exploration and production; oil and gas processing and distribution; and oil and gas refining and marketing, as well as bulk and specialty chemicals, engineering and construction, power and utilities, metals and mining, and pharmaceuticals. Aspen Technology, Inc. was founded in 1981 and is headquartered in Bedford, Massachusetts. Aspen Technology, Inc. operates as a subsidiary of EMR Worldwide Inc.
When did it IPO
0
Staff Count
3,900
Country
United States
Sector/Industry
Technology/Software—Application
CEO
Mr. Antonio J. Pietri
Market Cap
$11.26B
In 2023, AZPN generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that AZPN's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2019
Revenue From 2020
Revenue From 2021
Revenue From 2022
AFRM-USD
$37.33
REG-USD
$60.81
BRKR-USD
$83.74
EXAS-USD
$63.29
GTLB-USD
$70.18
EVRG-USD
$50.61