Roper Technologies, Inc. (ROP)
NASDAQ: ROP · IEX Real-Time Price · USD
540.41
+2.40 (0.45%)
At close: Apr 25, 2024, 4:00 PM
540.00
-0.41 (-0.08%)
After-hours: Apr 25, 2024, 7:59 PM EDT
Roper Technologies Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Roper Technologies stock have an average target of 577, with a low estimate of 525 and a high estimate of 650. The average target predicts an increase of 6.77% from the current stock price of 540.41.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ROP stock from 11 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 8 | 8 | 6 | 6 | 5 | 5 |
| Hold | 4 | 4 | 4 | 4 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 16 | 14 | 14 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $596 → $600 | Buy | Maintains | $596 → $600 | +11.03% | Apr 2, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $580 → $650 | Buy | Maintains | $580 → $650 | +20.28% | Mar 22, 2024 |
| Barclays | Barclays | Buy Maintains $580 → $596 | Buy | Maintains | $580 → $596 | +10.29% | Feb 5, 2024 |
| Raymond James | Raymond James | Strong Buy Maintains $572 → $620 | Strong Buy | Maintains | $572 → $620 | +14.73% | Feb 2, 2024 |
| Mizuho | Mizuho | Hold Maintains $500 → $525 | Hold | Maintains | $500 → $525 | -2.85% | Feb 1, 2024 |
Financial Forecast
Revenue This Year
6.98B
from 6.18B
Increased by 12.92%
Revenue Next Year
7.50B
from 6.98B
Increased by 7.48%
EPS This Year
18.45
from 12.89
Increased by 43.10%
EPS Next Year
20.15
from 18.45
Increased by 9.23%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.6B | 8.7B | 9.9B |
| Avg | 7.0B | 7.5B | 8.4B |
| Low | 6.6B | 6.9B | 7.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 22.6% | 24.9% | 31.9% |
| Avg | 12.9% | 7.5% | 11.5% |
| Low | 6.8% | -0.9% | -0.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 21.28 | 25.02 | 28.91 | 33.11 | 37.60 |
| Avg | 18.45 | 20.15 | 23.50 | 31.85 | 36.17 |
| Low | 17.56 | 18.67 | 20.47 | 30.90 | 35.09 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 65.1% | 35.6% | 43.5% | 40.9% | 18.1% |
| Avg | 43.1% | 9.2% | 16.6% | 35.5% | 13.6% |
| Low | 36.2% | 1.2% | 1.6% | 31.5% | 10.2% |
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.