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

Aspen Technology (NASDAQ:AZPN - Get Free Report) 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.

Analyst Upgrades and Downgrades

A number of brokerages have commented on AZPN. Robert W. Baird raised their price objective on Aspen Technology from $230.00 to $250.00 and gave the company an "outperform" rating in a research note on Wednesday, August 7th. Loop Capital lifted their target price on Aspen Technology from $204.00 to $260.00 and gave the company a "buy" rating in a research report on Thursday, September 19th. Berenberg Bank cut Aspen Technology from a "strong-buy" rating to a "hold" rating in a research report on Thursday, November 7th. Bank of America lifted their price target on Aspen Technology from $225.00 to $260.00 and gave the stock a "buy" rating in a report on Wednesday, September 18th. Finally, Piper Sandler lifted their price target on Aspen Technology from $217.00 to $240.00 and gave the stock a "neutral" rating in a report on Tuesday, November 5th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $253.00.

Aspen Technology Trading Up 0.4 %

Shares of AZPN traded up $0.99 during midday trading on Thursday, reaching $247.04. The stock had a trading volume of 368,152 shares, compared to its average volume of 226,917. The company's 50-day moving average is $235.80 and its 200 day moving average is $215.15. Aspen Technology has a 12-month low of $171.25 and a 12-month high of $249.91. The company has a market capitalization of $15.63 billion, a price-to-earnings ratio of -426.21, a price-to-earnings-growth ratio of 2.81 and a beta of 0.76.

Aspen Technology (NASDAQ:AZPN - Get Free Report) last posted 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 positive return on equity of 2.81% and a negative net margin of 3.26%. The firm had revenue of $215.90 million during the quarter, compared to analysts' expectations of $265.04 million. During the same quarter in the previous year, the company posted $0.96 earnings per share. Aspen Technology's revenue for the quarter was down 13.4% compared to the same quarter last year. Research analysts forecast that Aspen Technology will post 6.68 EPS for the current fiscal year.

Insider Transactions at Aspen Technology

In other Aspen Technology news, Director Jr. Robert M. Whelan sold 1,000 shares of the stock in a transaction on Wednesday, August 28th. The stock was sold at an average price of $219.10, for a total transaction of $219,100.00. Following the sale, the director now directly owns 8,540 shares in the company, valued at approximately $1,871,114. This trade represents a 10.48 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.00% of the company's stock.

About Aspen Technology

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.