Aspen Technology (NASDAQ:AZPN) Issues FY 2025 Earnings Guidance

Aspen Technology (NASDAQ:AZPN) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 7.520-7.520 for the period, compared to the consensus EPS estimate of 7.470. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. Robert W. Baird lifted their price target on shares of Aspen Technology from $230.00 to $250.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 7th. StockNews.com assumed coverage on shares of Aspen Technology in a research note on Thursday. They issued a “hold” rating for the company. Bank of America boosted their target price on shares of Aspen Technology from $225.00 to $260.00 and gave the company a “buy” rating in a research note on Wednesday, September 18th. Berenberg Bank lowered shares of Aspen Technology from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 7th. Finally, Piper Sandler boosted their target price on shares of Aspen Technology from $217.00 to $240.00 and gave the company a “neutral” rating in a research note on Tuesday, November 5th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, Aspen Technology currently has a consensus rating of “Hold” and an average price target of $253.00.

Aspen Technology Price Performance

AZPN stock opened at $246.88 on Friday. The firm has a fifty day moving average price of $236.61 and a two-hundred day moving average price of $215.83. The firm has a market cap of $15.62 billion, a price-to-earnings ratio of -425.66, a PEG ratio of 2.81 and a beta of 0.76. Aspen Technology has a 1-year low of $171.25 and a 1-year high of $249.91.

Aspen Technology (NASDAQ:AZPN) last released its quarterly earnings results on Monday, November 4th. The technology company reported $0.85 EPS for the quarter, missing the consensus estimate of $1.39 by ($0.54). The firm had revenue of $215.90 million for the quarter, compared to the consensus estimate of $265.04 million. Aspen Technology had a positive return on equity of 2.81% and a negative net margin of 3.26%. The firm’s revenue was down 13.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.96 EPS. As a group, analysts expect that Aspen Technology will post 6.68 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Jr. Robert M. Whelan sold 1,000 shares of the company’s stock in a transaction dated Wednesday, August 28th. The shares were sold at an average price of $219.10, for a total value of $219,100.00. Following the completion of the sale, the director now owns 8,540 shares of the company’s stock, valued at $1,871,114. This represents a 10.48 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 1.00% of the company’s stock.

Aspen Technology Company Profile

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.