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Aspen Technology (AZPN) Stock Forecast & Price Target

Aspen Technology logo
$248.09 +2.79 (+1.14%)
(As of 11/21/2024 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

Sell
0
Hold
3
Buy
3

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

$253.00
1.98% Upside
According to the 6 analysts' twelve-month price targets for Aspen Technology, the average price target is $253.00. The highest price target for AZPN is $260.00, while the lowest price target for AZPN is $240.00. The average price target represents a forecasted upside of 1.98% from the current price of $248.09.
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AZPN Analyst Ratings Over Time

TypeCurrent Forecast
11/23/23 to 11/22/24
1 Month Ago
10/24/23 to 10/23/24
3 Months Ago
8/25/23 to 8/24/24
1 Year Ago
11/23/22 to 11/23/23
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)
4 Buy rating(s)
3 Buy rating(s)
1 Buy rating(s)
Hold
3 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$253.00$248.40$224.50$200.40
Forecasted Upside1.98% Upside7.08% Upside3.82% Upside8.58% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold

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.
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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.
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Aspen Technology Stock vs. The Competition

TypeAspen TechnologyComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.50
2.68
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside1.98% Upside546.88% Upside8.53% Upside
News Sentiment Rating
Positive News

See Recent AZPN News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/7/2024Berenberg Bank
2 of 5 stars
N. Naing
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DowngradeStrong-Buy ➝ Hold
11/5/2024Piper Sandler
2 of 5 stars
 Boost TargetNeutral ➝ Neutral$217.00 ➝ $240.00-0.30%
9/19/2024Loop Capital
2 of 5 stars
 Boost TargetBuy ➝ Buy$204.00 ➝ $260.00+10.17%
9/18/2024Bank of America
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 Boost TargetBuy ➝ Buy$225.00 ➝ $260.00+12.66%
8/7/2024Robert W. Baird
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 Boost TargetOutperform ➝ Outperform$230.00 ➝ $250.00+19.41%
5/7/2024William Blair
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D. Becker
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UpgradeHold
7/26/2023KeyCorp
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingOverweight ➝ Sector Weight

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 05:27 AM ET.


AZPN Forecast - Frequently Asked Questions

According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Aspen Technology is $253.00, with a high forecast of $260.00 and a low forecast of $240.00.

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

According to analysts, Aspen Technology's stock has a predicted upside of 1.98% based on their 12-month stock forecasts.

Over the previous 90 days, Aspen Technology's stock had 1 downgrade by analysts.

Aspen Technology has been rated by research analysts at Bank of America, Berenberg Bank, Loop Capital, and Piper Sandler in the past 90 days.

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 2.68. Learn more on how AZPN compares to other companies.


This page (NASDAQ:AZPN) was last updated on 11/22/2024 by MarketBeat.com Staff
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