Aspen Technology, Inc. (AZPN)
NASDAQ: AZPN · IEX Real-Time Price · USD
195.04
-2.83 (-1.43%)
At close: Jul 2, 2024, 4:00 PM
192.05
-2.99 (-1.53%)
After-hours: Jul 2, 2024, 6:34 PM EDT
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 12.54% from the current stock price of 195.04.
Analyst Consensus: Buy
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 |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Buy Reiterates $230 | Buy | Reiterates | $230 | +17.92% | Jun 14, 2024 |
| Berenberg | Berenberg | Hold → Strong Buy Upgrades $185 → $255 | Hold → Strong Buy | Upgrades | $185 → $255 | +30.74% | May 17, 2024 |
| Baird | Baird | Buy Maintains $210 → $230 | Buy | Maintains | $210 → $230 | +17.92% | May 15, 2024 |
| Baird | Baird | Buy Maintains $225 → $210 | Buy | Maintains | $225 → $210 | +7.67% | May 8, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $196 → $180 | Hold | Maintains | $196 → $180 | -7.71% | May 8, 2024 |
Financial Forecast
Revenue This Year
1.33B
from 1.04B
Increased by 27.18%
Revenue Next Year
1.13B
from 1.33B
Decreased by -14.91%
EPS This Year
6.44
from -1.67
EPS Next Year
7.80
from 6.44
Increased by 21.16%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.2B | 1.3B | 1.5B | 1.6B | 1.8B |
| Avg | 1.1B | 1.2B | 1.4B | 1.5B | 1.7B |
| Low | 1.1B | 1.2B | 1.3B | 1.4B | 1.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.6% | 16.0% | 17.9% | 14.7% | 19.6% |
| Avg | 8.2% | 9.5% | 13.3% | 5.6% | 16.1% |
| Low | 3.2% | 1.9% | 6.7% | -3.4% | 11.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 9.18 | 11.08 | 8.67 | 9.77 | 8.06 | 9.93 |
| Avg | 7.80 | 9.67 | 7.69 | 8.05 | 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% | 27.0% | 0.2% | 26.8% |
| Avg | - | 24.0% | -20.5% | 4.6% | -2.7% | 23.2% |
| Low | - | 5.7% | -29.0% | -19.0% | -6.5% | 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.