Aspen Technology, Inc. (AZPN)

NASDAQ: AZPN · Real-Time Price · USD
263.90
-0.10 (-0.04%)
Feb 21, 2025, 4:00 PM EST - Market closed
-0.04%
Market Cap 16.71B
Revenue (ttm) 1.14B
Net Income (ttm) 6.13M
Shares Out 63.31M
EPS (ttm) 0.10
PE Ratio 2,726.07
Forward PE 33.00
Dividend n/a
Ex-Dividend Date n/a
Volume 537,586
Open 264.04
Previous Close 264.00
Day's Range 263.79 - 264.22
52-Week Range 171.25 - 277.37
Beta 0.76
Analysts Strong Buy
Price Target 272.00 (+3.07%)
Earnings Date Feb 4, 2025

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]

Sector Technology
IPO Date Oct 25, 1994
Employees 1,187
Stock Exchange NASDAQ
Ticker Symbol AZPN
Full Company Profile

Financial Performance

In 2024, Aspen Technology's revenue was $1.13 billion, an increase of 7.98% compared to the previous year's $1.04 billion. Losses were -$9.77 million, -90.93% less than in 2023.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for AZPN stock is "Strong Buy." The 12-month stock price forecast is $272.0, which is an increase of 3.07% from the latest price.

Price Target
$272.0
(3.07% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Elliott Statement on Aspen Technology, Inc.

WEST PALM BEACH, Fla. , Feb. 19, 2025 /PRNewswire/ -- Elliott Investment Management L.P.

Other symbols: EMR
2 days ago - PRNewsWire

NASDAQ: AZPN Investigation Reminder: Kessler Topaz Meltzer & Check, LLP Encourages Aspen Technology, Inc. (NASDAQ: AZPN) Investors to Contact the Firm

RADNOR, Pa. , Feb. 13, 2025 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential claims on behalf of current Aspen Technology, Inc. (N...

8 days ago - PRNewsWire

ASPEN TECHNOLOGY INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Aspen Technology, Inc. - AZPN

NEW ORLEANS , Feb. 10, 2025 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

Other symbols: EMR
11 days ago - PRNewsWire

Emerson says $265 per-share bid for Aspen is 'best and final'

Emerson Electric said on Monday that its $265 per-share offer to acquire Aspen Technology was its "best and final" price.

Other symbols: EMR
11 days ago - Reuters

Emerson Issues Statement at Launch of AspenTech Tender Offer

Compelling and certain value of $265 per share in cash, unanimously recommended by the independent AspenTech Special Committee, represents Emerson's best and final price  ST. LOUIS , Feb. 10, 2025 /PR...

Other symbols: EMR
11 days ago - PRNewsWire

ASPEN TECHNOLOGY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Aspen Technology, Inc. - AZPN

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Aspen Technology...

Other symbols: EMR
15 days ago - Business Wire

Emerson Reports First Quarter 2025 Results; Updates 2025 Outlook

ST. LOUIS , Feb. 5, 2025 /PRNewswire/ -- Emerson (NYSE: EMR) today reported results1 for its first quarter ended December 31, 2024 and updated its full year outlook for fiscal 2025. Emerson also decla...

Other symbols: EMR
16 days ago - PRNewsWire

Aspen Technology Announces Financial Results for the Second Quarter of Fiscal 2025

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (“AspenTech” or the “Company”) (NASDAQ: AZPN), a global leader in industrial software, today announced financial results for its second quarter ...

17 days ago - Business Wire

Emerson To Complete AspenTech Takeover For $7.2 Billion

Global automation and engineering giant Emerson (NYSE: EMR) has agreed to complete its takeover of industrial software solutions provider AspenTech (NASDAQ: AZPN) by buying the shares it doesn't alrea...

Other symbols: EMR
25 days ago - Forbes

Aspen Technology Shareholders Opposed to Emerson Takeover Should Contact Julie & Holleman Regarding Potential Legal Claims

NEW YORK , Jan. 27, 2025 /PRNewswire/ -- Shareholder rights law firm Julie & Holleman LLP is investigating the proposed $265 per share acquisition of Aspen Technology, Inc. (NASDAQ: AZPN) by the compa...

Other symbols: EMR
25 days ago - PRNewsWire

Aspen Technology Stock Hits All-Time High as Emerson Buys Remaining Shares

Software maker Aspen Technology (AZPN) shares hit an all-time high Monday when technology and software provider Emerson Electric (EMR) said it would buy the remaining shares of AspenTech it doesn't al...

Other symbols: EMR
25 days ago - Investopedia

Emerson to buy rest of AspenTech for $265 per share

Emerson Electric will acquire all outstanding shares of AspenTech it does not already own for $265 per share, valuing the stake at $7.2 billion, the companies said on Monday.

Other symbols: EMR
25 days ago - Reuters

Emerson to Acquire Remaining Outstanding Shares of AspenTech

ST. LOUIS and BEDFORD, Mass. , Jan. 27, 2025 /PRNewswire/ -- Emerson (NYSE: EMR) and Aspen Technology, Inc. (NASDAQ: AZPN) ("AspenTech") today announced that they have reached an agreement under which...

Other symbols: EMR
25 days ago - PRNewsWire

Aspen Technology Announces Date of Second-Quarter Fiscal Year 2025 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 quar...

5 weeks ago - Business Wire

Aspen Technology Helps Leading Energy Transmission Company in Latin America Deliver 99.99 Percent Power Reliability to Customers

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced that Interconexión Eléctrica S.A. E.S.P. (ISA), the largest multi-country...

2 months ago - Business Wire

Aspen Technology forms committee to evaluate Emerson's offer

Aspen Technology said on Wednesday it had formed a special committee to evaluate Emerson Electric's proposal to buy the company.

Other symbols: EMR
3 months ago - Reuters

Aspen Technology Forms Special Committee to Evaluate Non-Binding Acquisition Proposal from Emerson

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN) (“AspenTech” or “the Company”), a global leader in industrial software, today announced that its Board of Directors has formed a s...

Other symbols: EMR
3 months ago - Business Wire

Aspen Technology Chosen to Optimize Renewable Generation For Iceland's Largest Power Producer

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced a strategic partnership with Landsvirkjun, the largest power producer in ...

3 months ago - Business Wire

Aspen Technology Announces Receipt of Unsolicited Acquisition Proposal from Emerson

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN) (“AspenTech” or “the Company”), a global leader in industrial software, today announced that its Board of Directors received an un...

Other symbols: EMR
3 months ago - Business Wire

Emerson proposes to acquire remaining shares of AspenTech

Emerson Electric made a proposal on Tuesday to acquire the remaining outstanding shares of common stock of AspenTech for $240 per share in cash.

Other symbols: EMR
3 months ago - Reuters

Emerson Announces Key Actions to Complete the Portfolio Transformation to an Industrial Technology Leader Delivering Advanced Automation Solutions

Proposes to Acquire Remaining Outstanding Shares of AspenTech for $240 per Share in Cash Commences Review of Strategic Alternatives for Safety & Productivity Segment Announces Increased Return of Capi...

Other symbols: EMR
3 months ago - PRNewsWire

Emerson Reports Fourth Quarter and Full Year 2024 Results; Provides Initial 2025 Outlook

ST. LOUIS , Nov. 5, 2024 /PRNewswire/ -- Emerson (NYSE: EMR) today reported results1 for its fourth quarter and fiscal year ended September 30, 2024. Emerson also declared a quarterly cash dividend in...

Other symbols: EMR
3 months ago - PRNewsWire

Aspen Technology, Inc. (AZPN) Q1 2025 Earnings Call Transcript

Aspen Technology, Inc. (NASDAQ:AZPN) Q1 2025 Earnings Conference Call November 4, 2024 4:30 PM ET Company Participants Brian Denyeau - IR Antonio Pietri - President and CEO Dave Baker - CFO Conferenc...

3 months ago - Seeking Alpha

Aspen Technology Announces Financial Results for the First Quarter of Fiscal 2025

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (“AspenTech” or the “Company”) (NASDAQ: AZPN), a global leader in industrial software, today announced financial results for its first quarter i...

3 months ago - Business Wire

Aspen Technology Announces Expansion of Digital Grid Management Suite with Acquisition of Open Grid Systems

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ: AZPN), a global leader in industrial software, today announced that it has entered into a definitive agreement to acquire Open Grid Sys...

3 months ago - Business Wire