Roper Technologies (NASDAQ:ROP) Price Target Raised to $470.00 at Robert W. Baird

Key Points

• Robert W. Baird raised its price target on Roper to $470 and maintains an "outperform" rating, implying roughly a 29% upside from the prior close.
• Roper beat Q1 expectations with revenue up ~11% to $2.10B and adjusted EPS of $5.16, raised FY2026 guidance to $21.80–$22.05, and expanded buybacks after repurchasing ~6M shares (~$2.2B) YTD.
• Analyst opinions remain mixed: the MarketBeat consensus is a "Hold" with an average price target around $471.47 (ratings split across Strong Buy/Buy/Hold/Sell).

Roper Technologies (NASDAQ:ROP - Get Free Report) had its price objective raised by investment analysts at Robert W. Baird from $464.00 to $470.00 in a research report issued on Friday,Benzinga reports. The firm presently has an "outperform" rating on the industrial products company's stock. Robert W. Baird's price objective would suggest a potential upside of 29.21% from the company's previous close.

ROP has been the topic of a number of other reports. Royal Bank Of Canada dropped their price target on Roper Technologies from $539.00 to $398.00 and set a "sector perform" rating on the stock in a report on Wednesday, January 28th. TD Cowen reiterated a "buy" rating on shares of Roper Technologies in a research note on Wednesday, January 28th. Melius Research downgraded Roper Technologies from a "buy" rating to a "hold" rating and set a $479.00 price target for the company. in a research note on Tuesday, January 27th. Truist Financial cut their price target on Roper Technologies from $650.00 to $550.00 and set a "buy" rating for the company in a research note on Tuesday, January 27th. Finally, Citigroup cut their price target on Roper Technologies from $575.00 to $450.00 and set a "buy" rating for the company in a research note on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, six have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $471.47.

Roper Technologies Stock Performance

Shares of Roper Technologies stock opened at $363.76 on Friday. The business's fifty day simple moving average is $350.78 and its 200 day simple moving average is $408.41. The firm has a market capitalization of $37.24 billion, a P/E ratio of 25.62, a price-to-earnings-growth ratio of 1.75 and a beta of 0.89. Roper Technologies has a 12 month low of $313.07 and a 12 month high of $584.03. The company has a current ratio of 0.52, a quick ratio of 0.48 and a debt-to-equity ratio of 0.43.

Roper Technologies (NASDAQ:ROP - Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The industrial products company reported $5.16 EPS for the quarter, topping analysts' consensus estimates of $4.97 by $0.19. The business had revenue of $2.10 billion for the quarter. Roper Technologies had a return on equity of 10.99% and a net margin of 19.44%.The business's revenue was up 11.3% compared to the same quarter last year. During the same quarter last year, the business posted $4.78 earnings per share. Roper Technologies has set its Q2 2026 guidance at 5.250-5.30 EPS and its FY 2026 guidance at 21.800-22.050 EPS. As a group, analysts anticipate that Roper Technologies will post 20.85 EPS for the current year.

Insider Buying and Selling at Roper Technologies

In related news, Director Thomas Patrick Joyce, Jr. purchased 1,400 shares of Roper Technologies stock in a transaction dated Friday, February 6th. The stock was bought at an average cost of $358.46 per share, for a total transaction of $501,844.00. Following the completion of the transaction, the director owned 1,400 shares in the company, valued at $501,844. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.80% of the company's stock.

Hedge Funds Weigh In On Roper Technologies

Several hedge funds have recently made changes to their positions in the stock. Private Wealth Management Group LLC grew its position in shares of Roper Technologies by 195.8% in the first quarter. Private Wealth Management Group LLC now owns 71 shares of the industrial products company's stock valued at $25,000 after purchasing an additional 47 shares in the last quarter. Patton Fund Management Inc. grew its position in shares of Roper Technologies by 12.2% in the first quarter. Patton Fund Management Inc. now owns 588 shares of the industrial products company's stock valued at $208,000 after purchasing an additional 64 shares in the last quarter. Red Door Wealth Management LLC grew its position in shares of Roper Technologies by 1.5% in the first quarter. Red Door Wealth Management LLC now owns 8,303 shares of the industrial products company's stock valued at $2,938,000 after purchasing an additional 123 shares in the last quarter. Janney Montgomery Scott LLC grew its position in shares of Roper Technologies by 21.0% in the first quarter. Janney Montgomery Scott LLC now owns 27,723 shares of the industrial products company's stock valued at $9,810,000 after purchasing an additional 4,816 shares in the last quarter. Finally, Boomfish Wealth Group LLC grew its position in shares of Roper Technologies by 6.4% in the first quarter. Boomfish Wealth Group LLC now owns 3,267 shares of the industrial products company's stock valued at $1,156,000 after purchasing an additional 197 shares in the last quarter. 93.31% of the stock is currently owned by hedge funds and other institutional investors.

More Roper Technologies News

Here are the key news stories impacting Roper Technologies this week:

• Positive Sentiment: Q1 results beat expectations — revenue +11% to ~$2.10B, adjusted EPS $5.16 vs. consensus $4.97, and stronger free cash flow (up ~11%). Management highlighted 6% organic growth and healthy segment performance, which underpinned the rally. Roper Technologies announces first quarter financial results
• Positive Sentiment: Raised FY 2026 guidance — adjusted DEPS raised to $21.80–$22.05 (from $21.30–$21.55), beating consensus; management cited Q1 strength and buybacks as drivers of higher per‑share expectations. This upgrade is a primary catalyst for the intraday move. Roper Technologies raises 2026 profit forecast as AI demand boosts software sales
• Positive Sentiment: Big share‑repurchase action — repurchased ~6M shares YTD (~$2.2B) and the board authorized an additional $3B, leaving ~$3.8B capacity; buybacks support EPS upside and management’s capital‑return narrative. Roper projects 2026 DEPS of $21.80 to $22.05 while expanding $3B buyback authorization
• Neutral Sentiment: AI tailwinds highlighted — management emphasized demand for AI‑enabled offerings in vertical software, which supports longer‑term organic growth but is execution‑dependent. Investors will watch backlog and adoption metrics. AI boom boosts Roper Technologies earnings forecast
• Neutral Sentiment: Q2 guide roughly in line — Q2 DEPS guided to $5.25–$5.30 (consensus ~5.29). That suggests acceleration is mostly reflected in buybacks/FY math rather than a large near‑term operational surprise. Roper Tech Lifts Outlook on Higher Net Profit
• Negative Sentiment: One‑time/other headwinds — Roper recorded a significant equity‑investment loss related to its Indicor stake (~$167M pre‑tax) and reported higher interest expense and SG&A, which trimmed adjusted margins. These items introduce earnings volatility and may temper valuation multiple expansion. Roper Reports Strong Q1 2026 Financial Results (Quiver summary)

About Roper Technologies

Roper Technologies, Inc NASDAQ: ROP is a diversified technology company that acquires and manages businesses delivering specialized software, engineered products and data-driven analytics to niche markets. Its subsidiaries develop enterprise and cloud-based software, scientific and analytical instruments, industrial and medical devices, and other applied technologies designed to solve specific operational, regulatory and commercial challenges for customers. The company emphasizes recurring revenue streams from software licenses, subscriptions and service contracts alongside sales of hardware and instruments.

Roper operates a decentralized operating model in which acquired businesses retain entrepreneurial autonomy while benefiting from centralized capital allocation, legal and financial support.

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