Aspen Technology Stock Forecast, Price & News

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Aspen Technology in the last year. There are currently 1 sell rating, 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" Aspen Technology stock.
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8 Wall Street analysts have issued 12 month price objectives for Aspen Technology's shares. Their AZPN stock forecasts range from $144.00 to $230.00. On average, they predict Aspen Technology's share price to reach $188.83 in the next twelve months. This suggests that the stock has a possible downside of 2.7%.
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Aspen Technology's stock was trading at $152.20 at the start of the year. Since then, AZPN stock has increased by 27.5% and is now trading at $194.03.
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Aspen Technology is scheduled to release its next quarterly earnings announcement on Wednesday, August 10th 2022.
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Aspen Technology, Inc. (NASDAQ:AZPN) released its quarterly earnings data on Wednesday, April, 27th. The technology company reported $1.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.27 by $0.01. The technology company had revenue of $187.75 million for the quarter, compared to analyst estimates of $190.61 million. Aspen Technology had a net margin of 39.22% and a trailing twelve-month return on equity of 40.86%. The company's revenue was up 15.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.94 earnings per share.
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Aspen Technology updated its FY22 earnings guidance on Wednesday, April, 27th. The company provided earnings per share (EPS) guidance of $5.33-5.50 for the period, compared to the consensus estimate of $5.29. The company issued revenue guidance of $737-754 million, compared to the consensus revenue estimate of $743.52 million.

131 employees have rated Aspen Technology CEO Antonio Pietri on Glassdoor.com. Antonio Pietri has an approval rating of 69% among Aspen Technology's employees.

Some companies that are related to Aspen Technology include Adobe (ADBE), Salesforce (CRM), Intuit (INTU), Synopsys (SNPS), Cadence Design Systems (CDNS), Autodesk (ADSK), Workday (WDAY), ANSYS (ANSS), SS&C Technologies (SSNC), Splunk (SPLK), FactSet Research Systems (FDS), Tyler Technologies (TYL), Citrix Systems (CTXS), Fair Isaac (FICO) and Manhattan Associates (MANH).
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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).

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

Shares of AZPN 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.
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One share of AZPN stock can currently be purchased for approximately $194.03.

Aspen Technology (NASDAQ:AZPN) has a market capitalization of $12.58 billion and generates $709.38 million in revenue each year. The technology company earns $319.80 million in net income (profit) each year or $4.009990 on an earnings per share basis.

Aspen Technology employs 1,897 workers across the globe.

Aspen Technology was founded in 1981.

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