Roper Technologies, Inc. (ROP)
NASDAQ: ROP · IEX Real-Time Price · USD
567.31
-3.88 (-0.68%)
At close: Jul 19, 2024, 4:00 PM
567.38
+0.07 (0.01%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Roper Technologies Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Roper Technologies stock have an average target of 597.78, with a low estimate of 530 and a high estimate of 680. The average target predicts an increase of 5.37% from the current stock price of 567.31.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ROP stock from 10 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 3 |
| Buy | 6 | 5 | 5 | 5 | 4 | 4 |
| Hold | 4 | 2 | 2 | 2 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 11 | 11 | 11 | 11 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $611 → $625 | Buy | Maintains | $611 → $625 | +10.17% | Jul 10, 2024 |
| Wolfe Research | Wolfe Research | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Jun 13, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $650 | Buy | Maintains | $650 | +14.58% | Apr 29, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $696 → $680 | Buy | Maintains | $696 → $680 | +19.86% | Apr 29, 2024 |
| Mizuho | Mizuho | Hold Maintains $525 → $530 | Hold | Maintains | $525 → $530 | -6.58% | Apr 29, 2024 |
Financial Forecast
Revenue This Year
6.99B
from 6.18B
Increased by 13.11%
Revenue Next Year
7.49B
from 6.99B
Increased by 7.16%
EPS This Year
18.39
from 12.89
Increased by 42.67%
EPS Next Year
20.04
from 18.39
Increased by 8.96%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.3B | 8.2B | 9.3B |
| Avg | 7.0B | 7.5B | 8.1B |
| Low | 6.7B | 7.1B | 7.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 18.2% | 17.6% | 24.7% |
| Avg | 13.1% | 7.2% | 8.7% |
| Low | 9.0% | 1.9% | -0.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 19.41 | 22.37 | 25.95 | 29.95 | 34.57 |
| Avg | 18.39 | 20.04 | 22.39 | 28.81 | 33.25 |
| Low | 17.74 | 18.87 | 20.52 | 27.95 | 32.26 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 50.6% | 21.6% | 29.5% | 33.8% | 20.0% |
| Avg | 42.7% | 9.0% | 11.7% | 28.7% | 15.4% |
| Low | 37.6% | 2.6% | 2.4% | 24.8% | 12.0% |
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.