Roper Technologies, Inc. (ROP)
NASDAQ: ROP · Real-Time Price · USD
540.91
+3.18 (0.59%)
Nov 1, 2024, 4:00 PM EDT - Market closed
Roper Technologies Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Roper Technologies stock have an average target of 620.8, with a low estimate of 535 and a high estimate of 666. The average target predicts an increase of 14.77% from the current stock price of 540.91.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ROP stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 3 | 3 | 3 | 3 |
| Buy | 5 | 4 | 5 | 5 | 5 | 5 |
| Hold | 2 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Maintains $675 → $666 | Buy | Maintains | $675 → $666 | +23.13% | Oct 24, 2024 |
| Truist Securities | Truist Securities | Strong Buy Reiterates $660 → $665 | Strong Buy | Reiterates | $660 → $665 | +22.94% | Oct 24, 2024 |
| Baird | Baird | Buy Maintains $635 → $652 | Buy | Maintains | $635 → $652 | +20.54% | Oct 24, 2024 |
| Mizuho | Mizuho | Hold Maintains $530 → $565 | Hold | Maintains | $530 → $565 | +4.45% | Oct 17, 2024 |
| Truist Securities | Truist Securities | Strong Buy Reiterates $660 | Strong Buy | Reiterates | $660 | +22.02% | Aug 27, 2024 |
Financial Forecast
Revenue This Year
7.05B
from 6.18B
Increased by 14.18%
Revenue Next Year
7.71B
from 7.05B
Increased by 9.23%
EPS This Year
18.43
from 12.89
Increased by 43.01%
EPS Next Year
20.22
from 18.43
Increased by 9.73%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.4B | 8.3B | 9.5B |
| Avg | 7.1B | 7.7B | 8.3B |
| Low | 6.8B | 7.2B | 7.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 19.4% | 18.0% | 22.9% |
| Avg | 14.2% | 9.2% | 8.2% |
| Low | 9.6% | 2.7% | 0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 19.27 | 22.64 | 26.26 | ||
| Avg | 18.43 | 20.22 | 21.97 | ||
| Low | 17.85 | 18.79 | 20.14 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 49.5% | 22.8% | 29.9% | ||
| Avg | 43.0% | 9.7% | 8.6% | ||
| Low | 38.5% | 1.9% | -0.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.