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S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
bluebird bio stock is ripe for a 400% institutional short squeeze
Critical asset just had biggest fall on record (Ad)
3 lithium stocks to ride a multi-year cycle
Goldman upgraded Nvidia stock, one metric says it could go higher
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Salesforce stock got a boost. Is it growing off the Nvidia boom?
Autozone stock price is still in the rally zone
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Closing prices for crude oil, gold and other commodities
New highs are coming for Lowe’s stock despite mixed results
S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
bluebird bio stock is ripe for a 400% institutional short squeeze
Critical asset just had biggest fall on record (Ad)
3 lithium stocks to ride a multi-year cycle
Goldman upgraded Nvidia stock, one metric says it could go higher
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Salesforce stock got a boost. Is it growing off the Nvidia boom?
Autozone stock price is still in the rally zone
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Closing prices for crude oil, gold and other commodities
New highs are coming for Lowe’s stock despite mixed results
S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
bluebird bio stock is ripe for a 400% institutional short squeeze
Critical asset just had biggest fall on record (Ad)
3 lithium stocks to ride a multi-year cycle
Goldman upgraded Nvidia stock, one metric says it could go higher
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Salesforce stock got a boost. Is it growing off the Nvidia boom?
Autozone stock price is still in the rally zone
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Closing prices for crude oil, gold and other commodities
New highs are coming for Lowe’s stock despite mixed results
NASDAQ:AZPN

Aspen Technology (AZPN) Stock Price, News & Analysis

$187.56
+0.94 (+0.50%)
(As of 02/27/2024 ET)
Today's Range
$185.80
$188.20
50-Day Range
$175.36
$221.82
52-Week Range
$161.32
$247.96
Volume
226,387 shs
Average Volume
196,118 shs
Market Capitalization
$11.92 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$210.25

Aspen Technology MarketRank™ Stock Analysis

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
12.1% Upside
$210.25 Price Target
Short Interest
Healthy
4.84% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.43
Upright™ Environmental Score
News Sentiment
1.22mentions of Aspen Technology in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-0.17%
From $5.82 to $5.81 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.23 out of 5 stars

Computer And Technology Sector

267th out of 595 stocks

Custom Computer Programming Services Industry

11th out of 23 stocks


AZPN stock logo

About Aspen Technology Stock (NASDAQ:AZPN)

Aspen Technology, Inc. provides industrial software that focuses on helping customers in asset-intensive industries worldwide. The company's solutions address complex environments where it is critical to optimize the asset design, operation, and maintenance lifecycle. Its software is used in performance engineering, modeling and design, supply chain management, predictive and prescriptive maintenance, digital grid management, and industrial data management. The company serves a range of asset-intensive industries, including oil and gas exploration and production; oil and gas processing and distribution; and oil and gas refining and marketing, as well as bulk and specialty chemicals, engineering and construction, power and utilities, metals and mining, and pharmaceuticals. Aspen Technology, Inc. was founded in 1981 and is headquartered in Bedford, Massachusetts. Aspen Technology, Inc. operates as a subsidiary of EMR Worldwide Inc.

AZPN Stock Price History

AZPN Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Aspen Technology Helps Advance TenneT's Energy Transition
Aspen Technology, Inc. (AZPN)
Aspen Technology Inc
AZPN Apr 2024 170.000 put
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
AZPN Aug 2024 140.000 put
The Analyst Landscape: 4 Takes On Aspen Technology
AZPN Jul 2024 210.000 call
AZPN Apr 2024 200.000 put
Aspen Technology earnings preview: what Wall Street is expecting
Aspen Q2 2024 Earnings Preview
Aspen Technology Announces Net-Zero Commitment
See More Headlines
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Company Calendar

Last Earnings
10/26/2021
Today
2/27/2024
Next Earnings (Estimated)
4/24/2024
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Industry
Custom computer programming services
Sub-Industry
Application Software
Current Symbol
NASDAQ:AZPN
CUSIP
04532710
Employees
1,014
Year Founded
1981

Price Target and Rating

Average Stock Price Target
$210.25
High Stock Price Target
$230.00
Low Stock Price Target
$196.00
Potential Upside/Downside
+12.1%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$-107,760,000.00
Pretax Margin
-14.03%

Debt

Sales & Book Value

Annual Sales
$1.04 billion
Cash Flow
$12.74 per share
Book Value
$201.50 per share

Miscellaneous

Free Float
62,914,000
Market Cap
$11.92 billion
Optionable
Optionable
Beta
0.77

Social Links

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Key Executives

  • Mr. Antonio J. PietriMr. Antonio J. Pietri (Age 58)
    President, CEO & Director
    Comp: $1.4M
  • Mr. Mark Mouritsen (Age 56)
    Senior VP, Chief Legal Officer & Secretary
    Comp: $474.84k
  • Mr. Manish Chawla (Age 51)
    Senior VP & Chief Customer Officer
    Comp: $614.26k
  • Mr. Christopher Stagno CPA (Age 48)
    Senior VP, Chief Accounting Officer & Interim CFO
  • Mr. Stuart Harris
    Senior VP and Chief Marketing & Strategy Officer
  • Ms. Sophia Xu
    Chief Corporate Development Officer
  • Mr. Filipe Soares-Pinto
    Senior Vice President of Global Sales
  • Ms. Sharon Vinci
    Chief Human Resource Officer
  • Mr. Steve Santy M.Sc.
    Chief Integration Officer
  • Ms. Rasha Hasaneen
    Chief Product & Sustainability Officer














AZPN Stock Analysis - Frequently Asked Questions

Should I buy or sell Aspen Technology stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Aspen Technology in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AZPN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AZPN, but not buy additional shares or sell existing shares.
View AZPN analyst ratings
or view top-rated stocks.

What is Aspen Technology's stock price target for 2024?

5 equities research analysts have issued 12-month price objectives for Aspen Technology's shares. Their AZPN share price targets range from $196.00 to $230.00. On average, they predict the company's share price to reach $210.25 in the next twelve months. This suggests a possible upside of 12.1% from the stock's current price.
View analysts price targets for AZPN
or view top-rated stocks among Wall Street analysts.

How have AZPN shares performed in 2024?

Aspen Technology's stock was trading at $220.15 on January 1st, 2024. Since then, AZPN shares have decreased by 14.8% and is now trading at $187.56.
View the best growth stocks for 2024 here
.

When is Aspen Technology's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our AZPN earnings forecast
.

How were Aspen Technology's earnings last quarter?

Aspen Technology, Inc. (NASDAQ:AZPN) issued its quarterly earnings results on Tuesday, October, 26th. The technology company reported $0.77 earnings per share for the quarter, beating analysts' consensus estimates of $0.65 by $0.12. The technology company earned $136 million during the quarter, compared to the consensus estimate of $125.23 million. Aspen Technology had a positive trailing twelve-month return on equity of 2.38% and a negative net margin of 8.17%. The company's revenue was up 18.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.58 EPS.

What guidance has Aspen Technology issued on next quarter's earnings?

Aspen Technology issued an update on its FY 2024 earnings guidance on Tuesday, February, 6th. The company provided EPS guidance of 6.590- for the period, compared to the consensus earnings per share estimate of 6.590. The company issued revenue guidance of $1.1 billion-, compared to the consensus revenue estimate of $1.1 billion.

What is Antonio Pietri's approval rating as Aspen Technology's CEO?

225 employees have rated Aspen Technology Chief Executive Officer Antonio Pietri on Glassdoor.com. Antonio Pietri has an approval rating of 69% among the company's employees. 64.0% of employees surveyed would recommend working at Aspen Technology to a friend.

What other stocks do shareholders of Aspen Technology own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Aspen Technology investors own include Alibaba Group (BABA), Cisco Systems (CSCO), Home Depot (HD), QUALCOMM (QCOM), CVS Health (CVS), Intel (INTC), NVIDIA (NVDA), Visa (V), Johnson & Johnson (JNJ) and Procter & Gamble (PG).

Who are Aspen Technology's major shareholders?

Aspen Technology's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (4.59%), Nordea Investment Management AB (1.55%), Wells Fargo & Company MN (0.85%), Jackson Square Partners LLC (0.83%), Clearbridge Investments LLC (0.78%) and Sumitomo Mitsui Trust Holdings Inc. (0.65%). Insiders that own company stock include Antonio J Pietri, Donald P Casey, F G Hammond, John Hague and Jr Robert M Whelan.
View institutional ownership trends
.

How do I buy shares of Aspen Technology?

Shares of AZPN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Aspen Technology have any subsidiaries?
The following companies are subsidiares of Aspen Technology: Apex Optimisation, Apex Optimisation Inc., Apex Optimisation Ltd., Apex Optimisation SRO, Apex Optimisation Technologies B.V., Apex Optimisation UK Ltd., Argent & Waugh Ltd., Aspen Tech India Private Ltd., Aspen Tech de Mexico S. de R.L. de C.V., Aspen Technology (Asia) Inc., Aspen Technology Australia Pty. Ltd., Aspen Technology International Inc., Aspen Technology LLC, Aspen Technology S.A.S., Aspen Technology S.L., Aspen Technology Services Corporation, AspenTech (Beijing) Ltd., AspenTech (Shanghai) Ltd., AspenTech (Thailand) Ltd., AspenTech Africa (Pty.) Ltd., AspenTech Argentina S.R.L., AspenTech Canada Corporation, AspenTech Canada Holdings LLC, AspenTech Europe B.V., AspenTech Europe S.A./N.V., AspenTech Holding Corporation, AspenTech Japan Co. Ltd., AspenTech Ltd., AspenTech Pte. Ltd., AspenTech S.r.l., AspenTech Software Brasil Ltda., AspenTech Software Corporation, AspenTech Solutions Sdn. Bhd., AspenTech Venezuela C.A., Hyprotech, Hyprotech UK Ltd., Mtell, Mtelligence Corporation, Petrolsoft, RtTech Software - Cipher IoT, Sabisu Ltd., The Fidelis Group, The Fidelis Group LLC, and mnubo.
Read More
This page (NASDAQ:AZPN) was last updated on 2/28/2024 by MarketBeat.com Staff