Aspen Technology Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Aspen Technology stock have an average target of 219.5, with a low estimate of 180 and a high estimate of 255. The average target predicts an increase of 13.20% from the current stock price of 193.90.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$180	$219.5	$230	$255
Change	-7.17%	+13.20%	+18.62%	+31.51%

Analyst Ratings

The average analyst rating for AZPN stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '24	Feb '24	Mar '24	Apr '24	May '24	Jun '24
Strong Buy	1	1	1	1	2	2
Buy	1	1	1	1	1	1
Hold	4	3	3	3	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	5	5	5	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Rob Oliver Baird	Baird	Buy Reiterates $230	Buy	Reiterates	$230	+18.62%	Jun 14, 2024
Nay Soe Naing Berenberg	Berenberg	Hold → Strong Buy Upgrades $185 → $255	Hold → Strong Buy	Upgrades	$185 → $255	+31.51%	May 17, 2024
Rob Oliver Baird	Baird	Buy Maintains $210 → $230	Buy	Maintains	$210 → $230	+18.62%	May 15, 2024
Rob Oliver Baird	Baird	Buy Maintains $225 → $210	Buy	Maintains	$225 → $210	+8.30%	May 8, 2024
Clarke Jeffries Piper Sandler	Piper Sandler	Hold Maintains $196 → $180	Hold	Maintains	$196 → $180	-7.17%	May 8, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.13B

from 1.04B

8.22%

from 1.04B

Revenue Next Year

1.33B

from 1.13B

17.52%

from 1.13B

EPS This Year

6.44

from -1.67

EPS Next Year

7.80

from 6.44

21.16%

from 6.44

Year	2019	2020	2021	2023	2024	2024	2025	2025	2026	2026	2027	2027	2028	2028	2029	2029
Revenue	194.22M	130.50M	300.64M	1.04B	1.13B	1.33B	1.24B	1.54B	1.40B	1.35B	1.55B	1.55B	1.71B	1.71B	1.87B	1.87B
Revenue Growth	-	-32.81%	130.38%	247.32%	8.22%	17.52%	-6.85%	24.09%	-8.73%	-3.71%	14.97%	-	10.25%	-	9.53%	-
EPS	-	-	-0.57	-1.67	6.44	7.80	7.03	9.67	8.94	7.69	6.49	6.49	7.83	7.83	9.65	9.65
EPS Growth	-	-	-	-	-	21.16%	-9.88%	37.56%	-7.56%	-14.01%	-15.65%	-	20.75%	-	23.18%	-
Forward PE	-	-	-	-	30.10	24.85	27.57	20.04	21.68	25.21	29.89	29.89	24.75	24.75	20.09	20.09
No. Analysts	-	-	-	-	13	10	13	4	7	10	3	3	3	3	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028	2029
High	1.5B	1.7B	1.5B	1.6B	1.8B	1.9B
Avg	1.3B	1.5B	1.3B	1.6B	1.7B	1.9B
Low	1.2B	1.4B	1.2B	1.5B	1.6B	1.8B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028	2029
High	40.3%	28.5%	-5.3%	18.4%	13.5%	12.7%
Avg	27.2%	15.6%	-12.1%	15.0%	10.3%	9.5%
Low	16.6%	3.5%	-18.8%	10.5%	5.9%	5.2%

EPS Forecast

EPS	2024	2025	2026	2027	2028	2029
High	9.18	11.08	8.67	6.68	8.06	9.93
Avg	7.80	9.67	7.69	6.49	7.83	9.65
Low	6.82	8.25	6.87	6.23	7.53	9.27

EPS Growth

EPS Growth	2024	2025	2026	2027	2028	2029
High	-	41.9%	-10.4%	-13.2%	24.3%	26.8%
Avg	-	24.0%	-20.5%	-15.6%	20.8%	23.2%
Low	-	5.7%	-29.0%	-19.0%	16.0%	18.3%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.