Aspen Technology, Inc. (AZPN)

NASDAQ: AZPN · IEX Real-Time Price · USD
201.65
+0.80 (0.40%)
Apr 16, 2024, 10:50 AM EDT - Market open
0.40%
Market Cap 12.80B
Revenue (ttm) 1.06B
Net Income (ttm) -86.34M
Shares Out 63.55M
EPS (ttm) -1.35
PE Ratio n/a
Forward PE 27.46
Dividend $0.53 (0.26%)
Ex-Dividend Date Feb 15, 2024
Volume 15,447
Open 199.87
Previous Close 200.85
Day's Range 198.39 - 201.65
52-Week Range 161.32 - 236.78
Beta 0.75
Analysts Buy
Price Target 203.67 (+1.0%)
Earnings Date Apr 29, 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 3,900
Stock Exchange NASDAQ
Ticker Symbol AZPN
Full Company Profile

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 Statements

Analyst Forecast

According to 5 analysts, the average rating for AZPN stock is "Buy." The 12-month stock price forecast is $203.67, which is an increase of 1.00% from the latest price.

Price Target
$203.67
(1.00% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 ...

6 weeks ago - Business Wire

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...

7 weeks ago - Business Wire

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...

7 weeks ago - Business Wire

Final Trade: AZPN, TSM, HOOD, VLO

The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.

Other symbols: TSMHOODVLO
2 months ago - CNBC Television

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...

Other symbols: EMR
2 months ago - PRNewsWire

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...

2 months ago - Business Wire

Aspen Technology Announces Net-Zero Commitment

BEDFORD, Mass.--(BUSINESS WIRE)--AspenTech is committed to achieving net-zero operations by 2030.

2 months ago - Business Wire

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.

2 months ago - Business Wire

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...

3 months ago - Business Wire

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...

Other symbols: ANET
4 months ago - Business Wire

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...

5 months ago - PRNewsWire

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.

5 months ago - Business Wire

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...

Other symbols: EMR
5 months ago - PRNewsWire

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.

5 months ago - Business Wire

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...

5 months ago - Business Wire

Aspen Technology Announces CFO Transition

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (AspenTech) (NASDAQ: AZPN), a global leader in industrial software, today announced that Chantelle Breithaupt has informed the Company that she ...

6 months ago - Business Wire

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

6 months ago - Business Wire

Final Trades: LULU, AZPN, ETHE, ITB

The final trades of the day with the Fast Money traders.

Other symbols: LULUETHEITB
8 months ago - CNBC Television

Aspen Technology Helps Companies Address Generational Workforce Shifts with Industry Domain Training Program

BEDFORD, Mass.--(BUSINESS WIRE)--AspenTech's comprehensive industry training program helps companies address workforce skills gap.

8 months ago - Business Wire

Aspen Technology to Present at the KeyBanc Technology Leadership Forum

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced that Chantelle Breithaupt, Chief Financial Officer, will present at the K...

9 months ago - Business Wire

Emerson Reports Third Quarter 2023 Results; Updates 2023 Outlook

ST. LOUIS , Aug. 2, 2023 /PRNewswire/ -- Emerson (NYSE: EMR) today reported results for its third quarter ended June 30, 2023 and updated its full year outlook for fiscal 2023, which are presented on ...

Other symbols: EMR
9 months ago - PRNewsWire

Aspen Technology Announces Financial Results for the Fourth Quarter and Fiscal 2023

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (AspenTech) (NASDAQ: AZPN), a global leader in industrial software, today announced financial results for its fourth quarter and fiscal year 202...

9 months ago - Business Wire

Aspen Technology Announces Date of Fourth-Quarter & Fiscal Year 2023 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...

9 months ago - Business Wire

Aspen Technology Advances BPCL's Sustainability Initiative

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology's collaboration with BPCL results in faster, greener feedstock selection.

11 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 management will present at the following upcoming investor conferenc...

11 months ago - Business Wire