Aspen Technology (NASDAQ:AZPN) Updates 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.

Aspen Technology Stock Performance

Shares of NASDAQ:AZPN opened at $246.88 on Friday. The stock’s 50-day moving average is $236.61 and its 200-day moving average is $215.70. The company has a market cap of $15.62 billion, a P/E ratio of -425.66, a P/E/G ratio of 2.81 and a beta of 0.76. Aspen Technology has a 52-week low of $171.25 and a 52-week high of $249.91.

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

Wall Street Analysts Forecast Growth

AZPN has been the topic of a number of research reports. Piper Sandler boosted their target price 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. Bank of America boosted their price objective on shares of Aspen Technology from $225.00 to $260.00 and gave the stock a “buy” rating in a report on Wednesday, September 18th. StockNews.com began coverage on shares of Aspen Technology in a research note on Thursday. They issued a “hold” rating for the company. Loop Capital boosted their price target on Aspen Technology from $204.00 to $260.00 and gave the company a “buy” rating in a research note on Thursday, September 19th. Finally, Berenberg Bank downgraded Aspen Technology from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 7th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $253.00.

Insider Activity 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 completion of the transaction, the director now directly owns 8,540 shares in the company, valued at $1,871,114. This represents a 10.48 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.00% of the stock is currently owned by insiders.

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.