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S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
THE BEST BLACK FRIDAY DEAL YET (Ad)
Sober or bright? Europe faces holidays during energy crunch
Biden eases Venezuela sanctions as opposition talks resume
THE BEST BLACK FRIDAY DEAL YET (Ad)
Whole Foods decision to pull lobster divides enviros, pols
Saudi viewers angry over apparent ban on World Cup streaming
See how to make money instead of spending it on Black Friday with this offer (Ad)
Airbnb has a plan to fix cleaning fees
Railway workers in Austria to strike Monday in pay standoff
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
THE BEST BLACK FRIDAY DEAL YET (Ad)
Sober or bright? Europe faces holidays during energy crunch
Biden eases Venezuela sanctions as opposition talks resume
THE BEST BLACK FRIDAY DEAL YET (Ad)
Whole Foods decision to pull lobster divides enviros, pols
Saudi viewers angry over apparent ban on World Cup streaming
See how to make money instead of spending it on Black Friday with this offer (Ad)
Airbnb has a plan to fix cleaning fees
Railway workers in Austria to strike Monday in pay standoff
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
THE BEST BLACK FRIDAY DEAL YET (Ad)
Sober or bright? Europe faces holidays during energy crunch
Biden eases Venezuela sanctions as opposition talks resume
THE BEST BLACK FRIDAY DEAL YET (Ad)
Whole Foods decision to pull lobster divides enviros, pols
Saudi viewers angry over apparent ban on World Cup streaming
See how to make money instead of spending it on Black Friday with this offer (Ad)
Airbnb has a plan to fix cleaning fees
Railway workers in Austria to strike Monday in pay standoff
NASDAQ:AZPN

Aspen Technology - AZPN Stock Forecast, Price & News

$243.68
+3.93 (+1.64%)
(As of 11/25/2022 12:00 AM ET)
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Today's Range
$237.72
$245.53
50-Day Range
$221.48
$256.23
52-Week Range
$135.48
$263.59
Volume
108,371 shs
Average Volume
233,025 shs
Market Capitalization
$15.73 billion
P/E Ratio
81.23
Dividend Yield
N/A
Price Target
$243.40

Aspen Technology MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
0.1% Downside
$243.40 Price Target
Short Interest
Bearish
3.69% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.43
Upright™ Environmental Score
News Sentiment
0.54mentions of Aspen Technology in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$901,711 Sold Last Quarter
Proj. Earnings Growth
8.68%
From $5.99 to $6.51 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.84 out of 5 stars

Computer And Technology Sector

471st out of 633 stocks

Custom Computer Programming Services Industry

19th out of 25 stocks

AZPN stock logo

About Aspen Technology (NASDAQ:AZPN) Stock

Aspen Technology together with its subsidiaries develops and supplies integrated software and services that enable the process industries to design, operate, manage, and optimize their business processes. Its software applications utilize proprietary empirical models of chemical manufacturing processes to enhance plant and process design, economic evaluation, production, production planning and scheduling, supply chain optimization, and operational performance. The company's aspenONE product provides engineering, plant operations, and supply chain management software applications. Its engineering products include Aspen Plus, Aspen HYSYS, Aspen Capital Cost Estimator, HTFS, and Aspen Basic Engineering that help in designing and improving plants and processes, as well as to model and improve the way to develop and deploy manufacturing assets. Aspen Technology, Inc. was founded in 1981 and is headquartered in Burlington, Massachusetts.

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AZPN Stock News Headlines

Is it a Good Choice to Invest in Aspen Technology (AZPN)?
Recap: Aspen Technology Q1 Earnings
Sensata (ST) Q3 Earnings Miss Estimates, Revenues Up Y/Y
Where Do Hedge Funds Stand On Aspen Technology (AZPN)?
See More Headlines
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AZPN Company Calendar

Last Earnings
10/26/2022
Today
11/27/2022
Next Earnings (Estimated)
1/25/2023
Fiscal Year End
6/30/2023

Industry, Sector and Symbol

Industry
Custom computer programming services
Sub-Industry
Application Software
Current Symbol
NASDAQ:AZPN
CUSIP
04532710
Employees
1,897
Year Founded
1981

Price Target and Rating

Average Stock Price Forecast
$243.40
High Stock Price Forecast
$280.00
Low Stock Price Forecast
$225.00
Forecasted Upside/Downside
-0.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$319.80 million
Pretax Margin
46.36%

Debt

Sales & Book Value

Annual Sales
$709.38 million
Cash Flow
$5.13 per share
Book Value
$204.07 per share

Miscellaneous

Free Float
63,895,000
Market Cap
$15.73 billion
Optionable
Optionable
Beta
1.01

Social Links


Key Executives

  • Antonio Jose PietriAntonio Jose Pietri
    President & Chief Executive Officer
  • Chantelle Yvette Breithaupt
    Chief Financial Officer, Director & Senior VP
  • Willie K. Chan
    Chief Technology Officer
  • Frederic George Hammond
    Director, Secretary, Senior VP & General Counsel
  • Skip Maloney
    Chief Human Resources Officer & Senior VP













AZPN Stock - Frequently Asked Questions

Should I buy or sell Aspen Technology stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Aspen Technology in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" AZPN shares.
View AZPN analyst ratings
or view top-rated stocks.

What is Aspen Technology's stock price forecast for 2023?

6 analysts have issued 12 month price targets for Aspen Technology's shares. Their AZPN share price forecasts range from $225.00 to $280.00. On average, they anticipate the company's stock price to reach $243.40 in the next twelve months. This suggests that the stock has a possible downside of 0.1%.
View analysts price targets for AZPN
or view top-rated stocks among Wall Street analysts.

How have AZPN shares performed in 2022?

Aspen Technology's stock was trading at $152.20 on January 1st, 2022. Since then, AZPN stock has increased by 60.1% and is now trading at $243.68.
View the best growth stocks for 2022 here
.

When is Aspen Technology's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 25th 2023.
View our AZPN earnings forecast
.

How were Aspen Technology's earnings last quarter?

Aspen Technology, Inc. (NASDAQ:AZPN) issued its earnings results on Wednesday, October, 26th. The technology company reported $2.20 earnings per share for the quarter, topping analysts' consensus estimates of $1.25 by $0.95. The technology company had revenue of $250.82 million for the quarter, compared to analyst estimates of $236.76 million. Aspen Technology had a trailing twelve-month return on equity of 5.75% and a net margin of 21.55%. The business's revenue was up 84.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.65 earnings per share.

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

Aspen Technology updated its FY 2023 earnings guidance on Wednesday, November, 2nd. The company provided earnings per share (EPS) guidance of $6.76-$6.91 for the period, compared to the consensus EPS estimate of $6.75. The company issued revenue guidance of $1.14 billion-$1.20 billion, compared to the consensus revenue estimate of $1.17 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).

What is Aspen Technology's stock symbol?

Aspen Technology trades on the NASDAQ under the ticker symbol "AZPN."

Who are Aspen Technology's major shareholders?

Aspen Technology's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (5.09%), Kayne Anderson Rudnick Investment Management LLC (4.76%), Vanguard Group Inc. (4.31%), Neuberger Berman Group LLC (1.52%), Nordea Investment Management AB (1.47%) and State Street Corp (1.20%). Insiders that own company stock include Antonio J Pietri, Donald P Casey, F G Hammond, John Hague, Jr Robert M Whelan and Karl E Johnsen.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Aspen Technology's stock price today?

One share of AZPN stock can currently be purchased for approximately $243.68.

How much money does Aspen Technology make?

Aspen Technology (NASDAQ:AZPN) has a market capitalization of $15.73 billion and generates $709.38 million in revenue each year. The technology company earns $319.80 million in net income (profit) each year or $3.00 on an earnings per share basis.

How many employees does Aspen Technology have?

The company employs 1,897 workers across the globe.

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.
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How can I contact Aspen Technology?

Aspen Technology's mailing address is 20 Crosby Drive, Bedford MA, 01730. The official website for the company is www.aspentech.com. The technology company can be reached via phone at (781) 221-6400, via email at brian.denyeau@icrinc.com, or via fax at 781-221-6410.

This page (NASDAQ:AZPN) was last updated on 11/27/2022 by MarketBeat.com Staff