Aspen Technology Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Aspen Technology in the last twelve months. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Aspen Technology stock. 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.
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Wall Street analysts have given Aspen Technology a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Aspen Technology wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Aspen Technology is scheduled to release its next quarterly earnings announcement on Wednesday, August 11th 2021.
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Aspen Technology, Inc. (NASDAQ:AZPN) announced its quarterly earnings results on Tuesday, April, 27th. The technology company reported $1.05 EPS for the quarter, missing the consensus estimate of $1.11 by $0.06. The technology company earned $162.80 million during the quarter, compared to analysts' expectations of $178.37 million. Aspen Technology had a trailing twelve-month return on equity of 55.65% and a net margin of 45.30%. The company's revenue was up 23.3% on a year-over-year basis. During the same period last year, the company posted $0.74 earnings per share.
View Aspen Technology's earnings history.

Aspen Technology's stock was trading at $94.87 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, AZPN shares have increased by 54.2% and is now trading at $146.26.
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Aspen Technology updated its FY 2021 earnings guidance on Wednesday, May, 5th. The company provided earnings per share guidance of 4.980-5.220 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.450. The company issued revenue guidance of $705 million-$729 million, compared to the consensus revenue estimate of $745.29 million.

5 analysts have issued 12 month target prices for Aspen Technology's stock. Their forecasts range from $112.00 to $180.00. On average, they anticipate Aspen Technology's stock price to reach $150.40 in the next twelve months. This suggests a possible upside of 2.8% from the stock's current price.
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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.com (CRM), Intuit (INTU), Autodesk (ADSK), Workday (WDAY), Synopsys (SNPS), Cadence Design Systems (CDNS), ANSYS (ANSS), Splunk (SPLK), Tyler Technologies (TYL), SS&C Technologies (SSNC), Nuance Communications (NUAN), Fair Isaac (FICO), FactSet Research Systems (FDS) and Citrix Systems (CTXS).
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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), The Home Depot (HD), QUALCOMM (QCOM), CVS Health (CVS), Intel (INTC), NVIDIA (NVDA), Visa (V), Johnson & Johnson (JNJ) and The Procter & Gamble (PG).

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

Aspen Technology's stock is owned by a number of institutional and retail investors. Top institutional investors include Howland Capital Management LLC (0.31%), Kornitzer Capital Management Inc. KS (0.18%), ICICI Prudential Asset Management Co Ltd (0.06%), Oregon Public Employees Retirement Fund (0.03%), State of Alaska Department of Revenue (0.03%) and Whittier Trust Co. of Nevada Inc. (0.02%). Company insiders that own Aspen Technology 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 for Aspen Technology.

AZPN stock was sold by a variety of institutional investors in the last quarter, including Howland Capital Management LLC. Company insiders that have sold Aspen Technology company stock in the last year include Antonio J Pietri, F G Hammond, John Hague, Jr Robert M Whelan, and Karl E Johnsen.
View insider buying and selling activity for Aspen Technology or view top insider-selling stocks.

AZPN stock was acquired by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, New Mexico Educational Retirement Board, ICICI Prudential Asset Management Co Ltd, State of Alaska Department of Revenue, Whittier Trust Co. of Nevada Inc., Kornitzer Capital Management Inc. KS, and Harel Insurance Investments & Financial Services Ltd..
View insider buying and selling activity for Aspen Technology or or view top insider-buying stocks.

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 $146.26.

Aspen Technology has a market capitalization of $9.95 billion and generates $590.18 million in revenue each year. The technology company earns $229.67 million in net income (profit) each year or $3.36 on an earnings per share basis.

Aspen Technology employs 1,710 workers across the globe.

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.

Aspen Technology was founded in 1981.

The official website for Aspen Technology is www.aspentech.com.

Aspen Technology is headquartered at 20 Crosby Drive, Bedford MA, 01730.

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