Aspen Technology, Inc. (AZPN)
Market Cap | 14.04B |
Revenue (ttm) | 1.11B |
Net Income (ttm) | -27.15M |
Shares Out | 63.33M |
EPS (ttm) | -0.44 |
PE Ratio | n/a |
Forward PE | 32.86 |
Dividend | $0.53 (0.24%) |
Ex-Dividend Date | Feb 15, 2024 |
Volume | 139,443 |
Open | 217.95 |
Previous Close | 213.88 |
Day's Range | 217.65 - 224.06 |
52-Week Range | 161.32 - 224.77 |
Beta | 0.76 |
Analysts | Buy |
Price Target | 219.50 (-1.1%) |
Earnings Date | May 7, 2024 |
About AZPN
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 explorat... [Read more]
Financial Performance
In 2023, AZPN's revenue was $1.04 billion, an increase of 247.32% compared to the previous year's $300.64 million. Losses were -$107.76 million, 422.9% more than in 2021.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for AZPN stock is "Buy." The 12-month stock price forecast is $219.5, which is a decrease of -1.10% from the latest price.
News
Aspen Technology Announces Robert Whelan, Jr. as Newly Elected Board Chair
BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (AspenTech) (NASDAQ: AZPN), a global leader in industrial software, today announced that Robert Whelan, Jr. has been appointed to Chair of Aspen...
Emerson Reports Second Quarter 2024 Results; Updates 2024 Outlook
ST. LOUIS , May 8, 2024 /PRNewswire/ -- Emerson (NYSE: EMR) today reported results1 for its second quarter ended March 31, 2024 and updated its full year outlook for fiscal 2024. Emerson also declared...
Aspen Technology Appoints David Baker as SVP, Chief Financial Officer
BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (AspenTech) (NASDAQ: AZPN), a global leader in industrial software, today announced that David Baker has been appointed as Senior Vice President...
Aspen Technology Announces Financial Results for the Third Quarter of Fiscal 2024
BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (AspenTech) (NASDAQ: AZPN), a global leader in industrial software, today announced financial results for its third quarter in fiscal 2024, ende...
AspenTech ‘Uniquely Positioned' As An Optimization Enabler For Global Industries, Says CEO
As decarbonization and energy transition efforts gather momentum across the global industrial and manufacturing complex, specialist process software firm AspenTech (NASDAQ: AZPN) is "uniquely position...
Aspen Technology Appoints David Henshall to its Board of Directors
BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ: AZPN), a global leader in industrial software, today announced that David Henshall has been appointed to its Board of Directors. Mr. He...
Aspen Technology Introduces New Strategic Planning for Sustainability Pathways Solution
BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today introduced AspenTech Strategic Planning for Sustainability Pathways™ – a new and un...
If Nvidia Stock Slips, These 15 Tech Stocks May Be Good Hedges
Should shares of artificial-intelligence bellwether Nvidia slip, researchers suggest First Solar and Check Point Software as offering diversification with exposure to growth.
Industry Leader Joins Aspen Technology as Strategic Advisor for Power and Utilities
BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ: AZPN), a global leader in industrial software, today announced that Mark Browning, a longtime power and utilities industry executive, h...
Aspen Technology Announces Date of Third-Quarter Fiscal Year 2024 Financial Results Release, Conference Call and Webcast
BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (AspenTech) (NASDAQ: AZPN), a global leader in industrial software, today announced that it will release financial results for its third quarter...
Aspen Technology to Present at the KeyBanc Emerging Technology Summit
BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced that Antonio Pietri, President and Chief Executive Officer, will present ...
Aspen Technology Helps Adani Electricity Ensure Reliable Power Supply to Three Million Customers in Mumbai
BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced the implementation of its digital grid management solutions by Adani Elec...
Aspen Technology Helps Advance TenneT's Energy Transition
BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced a strategic technology milestone with TenneT, a leading transmission syst...
Final Trade: AZPN, TSM, HOOD, VLO
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Emerson Reports First Quarter 2024 Results; Updates 2024 Outlook
ST. LOUIS , Feb. 7, 2024 /PRNewswire/ -- Emerson (NYSE: EMR) today reported results1 for its first quarter ended December 31, 2023 and updated its full year outlook for fiscal 2024. Emerson also decla...
Aspen Technology Announces Financial Results for the Second Quarter of Fiscal 2024
BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (AspenTech) (NASDAQ: AZPN), a global leader in industrial software, today announced financial results for its second quarter in fiscal 2024, end...
Aspen Technology Announces Net-Zero Commitment
BEDFORD, Mass.--(BUSINESS WIRE)--AspenTech is committed to achieving net-zero operations by 2030.
Aspen Technology Announces OPTIMIZE 24
BEDFORD, Mass.--(BUSINESS WIRE)--OPTIMIZE 24 will focus on elevating business performance and achieving net-zero objectives through digital technology innovations.
Aspen Technology Announces Date of Second-Quarter Fiscal Year 2024 Financial Results Release, Conference Call and Webcast
BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (AspenTech) (NASDAQ: AZPN), a global leader in industrial software, today announced that it will release financial results for its second quarte...
Arista Networks Appoints New CFO
SANTA CLARA, Calif.--(BUSINESS WIRE)--Arista Networks (NYSE:ANET), an industry leader in data-driven, client-to-cloud networking for large data center, campus and routing environments, today announced...
EY announces alliance with Aspen Technology to support clients' sustainability initiatives, improve manufacturing operations and modernize utility grids
Combined capabilities drive production performance, energy efficiency and emissions management, supporting utility grid orchestration across industries LONDON , Nov. 27, 2023 /PRNewswire/ -- The EY or...
Aspen Technology Introduces New Software Updates Enabling Customers to Achieve Advanced Levels of Operational Excellence
BEDFORD, Mass.--(BUSINESS WIRE)--AspenTech today introduced new performance and sustainability capabilities available in aspenONE.
Emerson Reports Fourth Quarter and Full Year 2023 Results; Provides Initial 2024 Outlook
ST. LOUIS , Nov. 7, 2023 /PRNewswire/ -- Emerson (NYSE: EMR) today reported results for its fourth quarter and fiscal year ended September 30, 2023, which are presented on a continuing operations basi...
Aspen Technology Partners with OMV Group to Accelerate Progress Toward Net Zero Targets
BEDFORD, Mass.--(BUSINESS WIRE)--AspenTech and OMV Group's expanded relationship will drive OMV's energy transition initiatives.
Aspen Technology Announces Financial Results for the First Quarter of Fiscal 2024
BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (AspenTech) (NASDAQ: AZPN), a global leader in industrial software, today announced financial results for its first quarter in fiscal 2024, ende...