Aspen Technology, Inc. (AZPN)

NASDAQ: AZPN · IEX Real-Time Price · USD
198.75
+3.04 (1.55%)
Jan 31, 2023, 4:00 PM EST - Market closed
1.55%
Market Cap 12.83B
Revenue (ttm) 645.82M
Net Income (ttm) -25.31M
Shares Out 64.54M
EPS (ttm) 0.08
PE Ratio 2.00
Forward PE 30.49
Dividend n/a
Ex-Dividend Date n/a
Volume 155,252
Open 196.02
Previous Close 195.71
Day's Range 193.14 - 199.09
52-Week Range 135.48 - 263.59
Beta 0.98
Analysts Buy
Price Target 264.59 (+33.13%)
Earnings Date Jan 25, 2023

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]

Sector Technology
IPO Date Oct 25, 1994
Employees 3,574
Stock Exchange NASDAQ
Ticker Symbol AZPN
Full Company Profile

Financial Performance

In 2021, AspenTech's revenue was $300.64 million, an increase of 130.38% compared to the previous year's $130.50 million. Losses were -$20.61 million, 1.43% more than in 2020.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for AZPN stock is "Buy." The 12-month stock price forecast is $264.59, which is an increase of 33.13% from the latest price.

Price Target
$264.59
(33.13% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Aspen Technology (AZPN) Q2 Earnings & Revenues Miss Estimates

Aspen Technology's (AZPN) fiscal second-quarter performance benefits from acquistion of Emerson's OSI and SSE businesses amid prevailing global macroeconomic uncertainty.

5 days ago - Zacks Investment Research

Aspen Technology (AZPN) Misses Q2 Earnings and Revenue Estimates

Aspen Technology (AZPN) delivered earnings and revenue surprises of -72.44% and 10.75%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

6 days ago - Zacks Investment Research

Aspen Technology Announces Financial Results for the Second Quarter of Fiscal 2023

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (AspenTech) (NASDAQ: AZPN), a global leader in industrial software, today announced financial results for its second-quarter fiscal 2023, ende...

6 days ago - Business Wire

Here's What to Expect Ahead of Aspen's (AZPN) Q2 Earnings

Aspen's (AZPN) fiscal second-quarter performance is expected to have gained from momentum in dealer grid management (DGM) and Subsurface Science and Engineering (SSE) product portfolios.

1 week ago - Zacks Investment Research

Emerson Named ‘Industrial IoT Company of the Year' for Fifth Time

ST. LOUIS--(BUSINESS WIRE)--Global technology and software company Emerson (NYSE: EMR) has been named the IoT Breakthrough 2023 “Industrial IoT Company of the Year” for the fifth time — an honor the...

Other symbols: EMR
2 weeks ago - Business Wire

Aspen Technology Announces Date of Second-Quarter Fiscal 2023 Financial Results Release, Conference Call and Webcast

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ: AZPN), a global leader in industrial software, today announced that it will release financial results for its second-quarter fiscal 2...

2 weeks ago - Business Wire

Aspen (AZPN) Collaborates With Aramco to Reduce Carbon Emission

Aspen (AZPN) and Aramco help business owners to make evidence-based decisions and reduce carbon emissions.

1 month ago - Zacks Investment Research

Aspen Technology and Saudi Aramco Partner to Bring New Carbon Capture & Utilization Software Innovation to Market

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced a partnership with Aramco (Tadawul:2222), one of the world's leading in...

1 month ago - Business Wire

Aspen Technology to Present at the Nasdaq Investor Conference

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 and Chantell...

2 months ago - Business Wire

Aspen Technology (AZPN) Up 1.7% Since Last Earnings Report: Can It Continue?

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

2 months ago - Zacks Investment Research

AspenTech Introduces New Software Release to Advance Customers' Sustainability and Operational Excellence Initiatives

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced the availability of its latest aspenONE® software release, V14. The new...

2 months ago - Business Wire

Bull of the Day: AspenTech (AZPN)

Integration of Emerson assets launches EPS for this key player in AI-driven performance management

3 months ago - Zacks Investment Research

Aspen Technology (AZPN) Q1 Earnings & Revenues Beat Estimates

Aspen Technology (AZPN) fiscal first-quarter performance benefits from strong demand across all business segments

3 months ago - Zacks Investment Research

Aspen Technology (AZPN) Tops Q1 Earnings and Revenue Estimates

Aspen Technology (AZPN) delivered earnings and revenue surprises of 78.86% and 10.03%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

AspenTech Forms Potentially Bullish Pattern Ahead of Earnings

Enterprise software specialist Aspen Technology is forming a potentially bullish pennant pattern ahead of Wednesday's fiscal first-quarter report.

3 months ago - MarketBeat

Emerson Expands Plantweb Digital Ecosystem with AspenTech Asset Optimization Software

AUSTIN, Texas--(BUSINESS WIRE)--Leveraging decades of digital innovation and leadership across all automation categories, global technology and software company Emerson (NYSE: EMR) today announced the...

Other symbols: EMR
3 months ago - Business Wire

Aspen (AZPN) to Report Q1 Earnings: What to Expect

Aspen Technology (AZPN) first-quarter fiscal 2023 performance is expected to be benefited from robust demand for the company's diverse product portfolio

3 months ago - Zacks Investment Research

The Outperforming Software Stock No One is Talking About

How could a proven winner fly under the radar for so long? Let's learn more about Aspen Technology, why it's outperforming and where it could go from here.

3 months ago - MarketBeat

7 Under-the-Radar Stocks With 100% Upside Potential

The markets have delivered one of the worst years in the past several decades. As a result, investors are left searching for under-the-radar stocks that have been passed over due to all the bad news.

Other symbols: AMRCORTELFPLMRPSNWWE
3 months ago - InvestorPlace

Are Computer and Technology Stocks Lagging Aspen Technology (AZPN) This Year?

Here is how Aspen Technology (AZPN) and Digi International (DGII) have performed compared to their sector so far this year.

4 months ago - Zacks Investment Research

Aspen Technology (AZPN) Soars 5.1%: Is Further Upside Left in the Stock?

Aspen Technology (AZPN) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more st...

4 months ago - Zacks Investment Research