Free Trial

Aspen Technology (AZPN) Stock Forecast & Price Target

$192.94
+2.11 (+1.11%)
(As of 07/26/2024 ET)

Aspen Technology - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 6 Wall Street analysts who have issued ratings for Aspen Technology in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 6 analysts, 3 have given a hold rating, and 3 have given a buy rating for AZPN.

Consensus Price Target

$219.50
13.77% Upside
High Forecast$255.00
Average Forecast$219.50
Low Forecast$180.00

According to the 6 analysts' twelve-month price targets for Aspen Technology, the average price target is $219.50. The highest price target for AZPN is $255.00, while the lowest price target for AZPN is $180.00. The average price target represents a forecasted upside of 13.77% from the current price of $192.94.

TypeCurrent Forecast
7/27/23 to 7/26/24
1 Month Ago
6/27/23 to 6/26/24
3 Months Ago
4/28/23 to 4/27/24
1 Year Ago
7/27/22 to 7/27/23
Consensus Rating
Moderate Buy
Moderate Buy
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
3 Buy rating(s)
2 Buy rating(s)
0 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
7 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$219.50$219.50$210.25$197.40
Forecasted Upside13.77% Upside11.07% Upside10.70% Upside1.60% Upside
Get Aspen Technology Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for AZPN and its competitors with MarketBeat's FREE daily newsletter.

AZPN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

AZPN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Aspen Technology Stock vs. The Competition

TypeAspen TechnologyComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.50
2.61
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside13.77% Upside554.32% Upside9.13% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/14/2024Robert W. Baird
2 of 5 stars
 Reiterated RatingOutperform ➝ Outperform$230.00 ➝ $230.00+15.24%
5/17/2024Berenberg Bank
2 of 5 stars
N. Naing
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeHold ➝ Buy$185.00 ➝ $255.00+19.23%
5/8/2024Piper Sandler
2 of 5 stars
 Lower TargetNeutral ➝ Neutral$196.00 ➝ $180.00-4.65%
5/7/2024William Blair
Subscribe to MarketBeat All Access for the recommendation accuracy rating
D. Becker
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeHold
12/1/2023Loop Capital
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeHold ➝ Buy$180.00 ➝ $213.00+13.14%
7/26/2023KeyCorp
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingOverweight ➝ Sector Weight
8/16/2022Wolfe Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageMarket Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 09:11 PM ET.

AZPN Forecast - Frequently Asked Questions

What is Aspen Technology's forecast for 2024?

According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Aspen Technology is $219.50, with a high forecast of $255.00 and a low forecast of $180.00.

Should I buy or sell Aspen Technology stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Aspen Technology in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" AZPN shares.

Does Aspen Technology's stock price have much upside?

According to analysts, Aspen Technology's stock has a predicted upside of 11.07% based on their 12-month stock forecasts.

Has Aspen Technology been upgraded by Wall Street analysts recently?

Over the previous 90 days, Aspen Technology's stock had 2 upgrades by analysts.

What analysts cover Aspen Technology?

Aspen Technology has been rated by research analysts at Berenberg Bank, Piper Sandler, Robert W. Baird, and William Blair in the past 90 days.

Do Wall Street analysts like Aspen Technology more than its competitors?

Analysts like Aspen Technology less than other "computer and technology" companies. The consensus rating score for Aspen Technology is 2.50 while the average consensus rating score for "computer and technology" companies is 2.61. Learn more on how AZPN compares to other companies.


This page (NASDAQ:AZPN) was last updated on 7/26/2024 by MarketBeat.com Staff

From Our Partners