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Aspen Technology (AZPN) Stock Forecast & Price Target

$218.06
-2.90 (-1.31%)
(As of 04:00 PM ET)

Aspen Technology - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 6 Analyst Ratings

Consensus Price Target

$219.50
0.66% Upside
High Forecast$255.00
Average Forecast$219.50
Low Forecast$180.00
TypeCurrent Forecast
5/29/23 to 5/28/24
1 Month Ago
4/29/23 to 4/28/24
3 Months Ago
2/28/23 to 2/28/24
1 Year Ago
5/29/22 to 5/29/23
Consensus Rating
Moderate Buy
Moderate Buy
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
3 Buy rating(s)
Hold
3 Hold rating(s)
2 Hold rating(s)
3 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$219.50$203.67$210.25$217.83
Forecasted Upside0.66% Upside11.32% Upside10.70% Upside6.07% Upside
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AZPN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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AZPN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Aspen Technology Stock vs. The Competition

TypeAspen TechnologyComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.50
2.59
2.49
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside-0.66% Downside191.06% Upside9.93% Upside
News Sentiment RatingPositive News
Positive News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/17/2024Berenberg Bank
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N. Naing
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UpgradeHold ➝ Buy$185.00 ➝ $255.00+19.23%
5/15/2024Robert W. Baird
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 Boost TargetOutperform ➝ Outperform$210.00 ➝ $230.00+5.95%
5/8/2024Piper Sandler
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 Lower TargetNeutral ➝ Neutral$196.00 ➝ $180.00-4.65%
5/7/2024William Blair
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D. Becker
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UpgradeHold
12/1/2023Loop Capital
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 UpgradeHold ➝ Buy$180.00 ➝ $213.00+13.14%
7/26/2023KeyCorp
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 Reiterated RatingOverweight ➝ Sector Weight
8/16/2022Wolfe Research
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 Initiated CoverageMarket Perform
6/6/2022Bank of America
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 Boost TargetBuy$176.00 ➝ $230.00+14.03%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 04:29 PM ET.

AZPN Frequently Asked Questions

What is Aspen Technology's stock forecast and purchase recommendation?

According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Aspen Technology is $219.50, with a high forecast of $255.00 and a low forecast of $180.00. The consensus rating for Aspen Technology stock is Moderate Buy based on the current 3 hold ratings and 3 buy ratings for AZPN. Learn more on AZPN's analyst rating history.

Do Wall Street analysts like Aspen Technology more than its competitors?

Analysts like Aspen Technology less than other "computer and technology" companies. The consensus rating score for Aspen Technology is 2.50 while the average consensus rating score for "computer and technology" companies is 2.59. Learn more on how AZPN compares to other companies.

Is Aspen Technology being upgraded by Wall Street analysts?

Over the previous 90 days, Aspen Technology's stock had 2 upgrades by analysts.

Does Aspen Technology's stock price have much upside?

According to analysts, Aspen Technology's stock has a predicted upside of 8.66% based on their 12-month stock forecasts.

What analysts cover Aspen Technology?

Aspen Technology has been rated by research analysts at Berenberg Bank, Piper Sandler, Robert W. Baird, and William Blair in the past 90 days.


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This page (NASDAQ:AZPN) was last updated on 5/28/2024 by MarketBeat.com Staff

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