Aspen Technology, Inc. (AZPN)

NASDAQ: AZPN · Real-Time Price · USD
245.30
-1.70 (-0.69%)
At close: Nov 20, 2024, 4:00 PM
247.30
+2.00 (0.82%)
Pre-market: Nov 21, 2024, 4:28 AM EST
-0.69%
Market Cap 15.52B
Revenue (ttm) 1.09B
Net Income (ttm) -35.71M
Shares Out 63.25M
EPS (ttm) -0.56
PE Ratio n/a
Forward PE 30.00
Dividend $0.53 (0.21%)
Ex-Dividend Date Feb 15, 2024
Volume 583,955
Open 246.83
Previous Close 247.00
Day's Range 244.75 - 247.80
52-Week Range 171.25 - 249.91
Beta 0.76
Analysts Strong Buy
Price Target 253.00 (+3.14%)
Earnings Date Nov 4, 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]

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 $253.0, which is an increase of 3.14% from the latest price.

Price Target
$253.0
(3.14% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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
21 hours 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
21 hours 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 ...

6 days 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
15 days 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
15 days 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
15 days 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
15 days 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...

16 days 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...

16 days 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...

16 days ago - Business Wire

Aspen Technology Announces Date of First-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 first quarter...

5 weeks ago - Business Wire

Aspen Technology Launches Microgrid Management System to Help Customers Address Power Reliability and Meet Net-Zero Goals

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today introduced the AspenTech Microgrid Management System™ (MMS), a solution for custome...

6 weeks ago - Business Wire

Aspen Technology Outlines Value Creation Strategy at 2024 Investor Day

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (“AspenTech” or the “Company”) (NASDAQ: AZPN), a global leader in industrial software, held its 2024 Investor Day today, during which management...

2 months ago - Business Wire

Aspen Technology to Present at Piper Sandler Growth Frontiers Conference

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (“AspenTech” or the “Company”) (NASDAQ: AZPN), a global leader in industrial software, today announced that Antonio Pietri, President and Chief ...

2 months ago - Business Wire

Aspen Technology to Host 2024 Investor Day

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (“AspenTech” or the “Company”) (NASDAQ: AZPN), a global leader in industrial software, has announced that it will host its 2024 Investor Day on ...

3 months ago - Business Wire

Aspen Technology Partners with Omaha Public Power District to Support 2050 Net Zero Carbon Vision

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced an expansion of its strategic partnership with Omaha Public Power Distric...

3 months ago - Business Wire

Emerson Reports Third Quarter 2024 Results; Updates 2024 Outlook

ST. LOUIS , Aug. 7, 2024 /PRNewswire/ -- Emerson (NYSE: EMR) today reported results1 for its third quarter ended June 30, 2024 and updated its full year outlook for fiscal 2024. Emerson also declared ...

Other symbols: EMR
3 months ago - PRNewsWire

Aspen Technology, Inc. (AZPN) Q4 2024 Earnings Call Transcript

Aspen Technology, Inc. (AZPN) Q4 2024 Earnings Call Transcript

3 months ago - Seeking Alpha

Aspen Technology Announces Financial Results for the Fourth Quarter and Fiscal 2024

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 fourth quarter ...

3 months ago - Business Wire

5 Software Companies To Accumulate

The software industry offers a wide range of financials, with profitable companies performing well while unprofitable ones face valuation and share price declines. Opportunities for investors in the s...

Other symbols: DSGXROP
4 months ago - Seeking Alpha

Aspen Technology Announces Date of Fourth-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 fourth quarte...

4 months ago - Business Wire

Aspen Technology Educates Next Generation of Engineers on Sustainability Competencies

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced a three-year partnership agreement with Oregon State University (OSU) tha...

5 months ago - Business Wire

Aspen Technology Enables Customers to Drive Higher Levels of Operational Excellence with New Software Capabilities

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today introduced new and expanded capabilities now available in aspenONE®, the company's ...

6 months ago - Business Wire

Aspen Technology to Present at Upcoming Investor Conferences

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 ...

6 months ago - Business Wire

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...

6 months ago - Business Wire