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

Aspen Technology (NASDAQ:AZPN) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 7.520-7.520 for the period, compared to the consensus earnings per share 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.

Analysts Set New Price Targets

Several analysts have issued reports on AZPN shares. Piper Sandler raised their price target on shares of Aspen Technology from $217.00 to $240.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 5th. Robert W. Baird lifted their target price on Aspen Technology from $230.00 to $250.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 7th. Berenberg Bank cut Aspen Technology from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 7th. Loop Capital lifted their price objective on Aspen Technology from $204.00 to $260.00 and gave the stock a “buy” rating in a report on Thursday, September 19th. Finally, Bank of America upped their target price on Aspen Technology from $225.00 to $260.00 and gave the company a “buy” rating in a research note on Wednesday, September 18th. 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, the stock has an average rating of “Hold” and an average price target of $253.00.

Aspen Technology Price Performance

Shares of AZPN traded up $1.82 during mid-day trading on Thursday, reaching $247.87. The company had a trading volume of 106,640 shares, compared to its average volume of 225,734. The company’s 50-day moving average is $235.80 and its 200-day moving average is $215.15. The company has a market capitalization of $15.68 billion, a P/E ratio of -424.22, a P/E/G ratio of 2.81 and a beta of 0.76. Aspen Technology has a twelve month low of $171.25 and a twelve month high of $249.91.

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

Insider Transactions at Aspen Technology

In other news, Director Jr. Robert M. Whelan sold 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 28th. The stock was sold at an average price of $219.10, for a total value of $219,100.00. Following the transaction, the director now directly owns 8,540 shares of the company’s stock, valued at $1,871,114. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company 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.