AspenTech Corporation (AZPN)

NASDAQ: AZPN · IEX Real-Time Price · USD
197.39
+6.15 (3.22%)
Jun 24, 2022 4:00 PM EDT - Market closed
3.22%
Market Cap 12.27B
Revenue (ttm) n/a
Net Income (ttm) n/a
Shares Out 62.17M
EPS (ttm) 4.02
PE Ratio 49.14
Forward PE 37.74
Dividend n/a
Ex-Dividend Date n/a
Volume 186,677
Open 192.62
Previous Close 191.24
Day's Range 192.62 - 197.50
52-Week Range 122.29 - 210.60
Beta 1.24
Analysts Buy
Price Target 193.07 (-2.2%)
Earnings Date Aug 10, 2022

About AZPN

Aspen Technology, Inc. provides enterprise asset performance management, asset performance monitoring, and asset optimization solutions worldwide. The company's solutions address complex environments where it is critical to optimize the asset design, operation, and maintenance lifecycle. It serves bulk chemicals, consumer packaged goods, downstream, food and beverage, metals and mining, midstream and LNG, pharmaceuticals, polymers, pulp and paper, specialty chemicals, transportation, upstream, and water and wastewater industries; power generati... [Read more...]

Industry Software
IPO Date Oct 25, 1994
Country United States
Stock Exchange NASDAQ
Ticker Symbol AZPN
Full Company Profile

Financial Performance

In 2021, AspenTech's revenue was $1.03 billion, an increase of 690.12% compared to the previous year's $130.50 million. Losses were -$309,000, -98.48% less than in 2020.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for AZPN stock is "Buy." The 12-month stock price forecast is 193.07, which is a decrease of -2.19% from the latest price.

Price Target
$193.07
(-2.19% downside)
Analyst Consensus: Buy
Stock Forecasts

News

5 Must-Buy Stocks to Gain From an Expected Bear Market Rally

We have selected five large-cap stocks that have provided double-digit returns year to date despite the market mayhem. These are: ADM, WRB, MPC, CLR and AZPN.

Other symbols: ADMCLRMPCWRB

Strength Seen in Aspen Technology (AZPN): Can Its 5.6% Jump Turn into More Strength?

Aspen Technology (AZPN) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

Here's Why Aspen (AZPN) is an Attractive Stock Right Now

Aspen Technology's (AZPN) performance is gaining from improving customer demand for its diversified product portfolio

4 Nasdaq 100 stocks that are defying gravity in 2022

The Nasdaq 100 index retreated to the lowest level since November 2020 as worries of rising interest rates and recession continued. The tech-heavy index has retreated by 30% this year as investors wonde...

Other symbols: APAARLPBKR

KH Neochem Selects Aspen Technology Software to Accelerate Digitalization for the Self Optimizing Plant

BEDFORD, Mass.--(BUSINESS WIRE)--A leading Japanese chemical producer, KH Neochem, plans to deploy Aspen DMC3 advanced process control software.

Aspen Technology to Present at Upcoming Investor Conferences

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in asset optimization software, today announced that management will present at the following upcoming investor con...

Aspen Technology (AZPN) Up 17.6% Since Last Earnings Report: Can It Continue?

Aspen Technology (AZPN) reported earnings 30 days ago. What's next for the stock?

3 Software Stocks to Watch for in a Challenging Industry

Computer Software industry participants like Cadence Design Systems (CDNS), PTC (PTC) and Aspen Technology (AZPN) are benefiting from steady digital transformations and strong adoption of cloud computin...

Other symbols: CDNSPTC

3 Stocks That Are Coiled Springs for a Commodity Supercycle

Companies that benefit from strong commodity prices are often safer options than directly buying financial derivatives on commodities.

Other symbols: DERIO

5 Hot Stocks Up 10%: What Other Companies Joined Coinbase On The List?

Benzinga's “5 Stocks Up 10%” aims to deliver investors the news surrounding hot stocks with significant price action on May 17, 2022. The information provided for these hot stocks is compiled using the ...

Other symbols: COINPARAPARAASETTWO

Aspen (AZPN) Integrates Emerson's OSI and GSS Businesses

Aspen's (AZPN) integration with Emerson's OSI and GSS businesses is likely to boost its presence in the industrial software sector.

Aspen Technology to Present at the J.P. Morgan Global Technology, Media and Communications Conference

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in asset optimization software, today announced that Antonio Pietri, President and Chief Executive Officer and Chan...

AspenTech Completes Emerson Transaction, Expanding High-Performance Global Industrial Software Leadership

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN) (“AspenTech” or “the Company”), a global leader in industrial software, today announced the completion of its transaction with Emers...

Other symbols: EMR

St1 Refinery Deploys AspenTech Solutions to Support Digital Transformation and Carbon Neutrality Goals

BEDFORD, Mass.--(BUSINESS WIRE)--AspenTech helps enable St1 Refinery's progressive approach to reduce emissions and meet sustainability targets.

Aspen's (AZPN) Q3 Earnings Beat Estimates, Revenues Up Y/Y

Aspen's (AZPN) Q3 performance benefits from improving customer spending.

Aspen Technology (AZPN) Surpasses Q3 Earnings Estimates

Aspen Technology (AZPN) delivered earnings and revenue surprises of 1.47% and 2.88%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Aspen Technology Announces Financial Results for the Third Quarter of Fiscal 2022

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (AspenTech) (NASDAQ: AZPN), a global leader in asset optimization software, today announced financial results for its third-quarter of fiscal year...

Aspen Technology Announces Date of Third-Quarter Fiscal 2022 Financial Results Release, Conference Call and Webcast

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in asset optimization software, today announced that it will release financial results for its third-quarter fiscal...

Aspen Technology (AZPN) Stock Jumps 4.5%: Will It Continue to Soar?

Aspen Technology (AZPN) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Why Is Aspen Technology (AZPN) Down 1.6% Since Last Earnings Report?

Aspen Technology (AZPN) reported earnings 30 days ago. What's next for the stock?

Numaligarh Refinery Limited Partners with Aspen Technology in Pursuit of Operational Excellence

BEDFORD, Mass.--(BUSINESS WIRE)--NRL, an Indian energy company, adopts AspenTech to sustain optimal plant performance and enable better decision-making.

Aspen's (AZPN) Q2 Earnings & Revenues Miss Estimates, Fall Y/Y

Aspen's (AZPN) Q2 performance is negatively impacted by lower License revenues.

Aspen Technology (AZPN) Misses Q2 Earnings and Revenue Estimates

Aspen Technology (AZPN) delivered earnings and revenue surprises of -16.08% and 8.93%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Aspen Technology Announces Financial Results for the Second Quarter of Fiscal 2022

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (AspenTech) (NASDAQ: AZPN), a global leader in asset optimization software, today announced financial results for its second-quarter of fiscal yea...

Earnings Preview: Aspen Technology (AZPN) Q2 Earnings Expected to Decline

Aspen Technology (AZPN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.