Aspen Technology, Inc. (AZPN)
NASDAQ: AZPN · Real-Time Price · USD
240.25
+0.33 (0.14%)
Oct 29, 2024, 4:00 PM EDT - Market closed
Aspen Technology Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Aspen Technology stock have an average target of 248.4, with a low estimate of 217 and a high estimate of 260. The average target predicts an increase of 3.39% from the current stock price of 240.25.
Analyst Consensus: Strong Buy
* Price targets were last updated on Sep 19, 2024.
Analyst Ratings
The average analyst rating for AZPN stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 2 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 4 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Loop Capital | Loop Capital | Strong Buy Maintains $204 → $260 | Strong Buy | Maintains | $204 → $260 | +8.22% | Sep 19, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $225 → $260 | Strong Buy | Maintains | $225 → $260 | +8.22% | Sep 18, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $200 → $217 | Hold | Maintains | $200 → $217 | -9.68% | Sep 18, 2024 |
| Baird | Baird | Buy Maintains $230 → $250 | Buy | Maintains | $230 → $250 | +4.06% | Aug 7, 2024 |
| Baird | Baird | Buy Reiterates $230 | Buy | Reiterates | $230 | -4.27% | Jun 14, 2024 |
Financial Forecast
Revenue This Year
1.22B
from 1.13B
Increased by 7.76%
Revenue Next Year
1.31B
from 1.22B
Increased by 8.07%
EPS This Year
7.61
from -0.15
EPS Next Year
7.89
from 7.61
Increased by 3.68%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 1.3B | 1.4B | 1.5B | |
| Avg | 1.2B | 1.3B | 1.4B | |
| Low | 1.2B | 1.2B | 1.4B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 12.0% | 12.9% | 14.5% | |
| Avg | 7.8% | 8.1% | 9.3% | |
| Low | 3.1% | 0.8% | 3.4% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 7.98 | 8.81 | 9.84 | ||
| Avg | 7.61 | 7.89 | 8.31 | ||
| Low | 7.06 | 5.71 | 6.54 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | - | 15.7% | 24.6% | ||
| Avg | - | 3.7% | 5.3% | ||
| Low | - | -25.0% | -17.2% |
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.