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

Aspen Technology (NASDAQ:AZPN) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 7.470-7.470 for the period, compared to the consensus earnings per share estimate of 7.460. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion.

Aspen Technology Trading Up 0.6 %

NASDAQ:AZPN opened at $237.22 on Friday. The company has a market cap of $15.02 billion, a PE ratio of -539.14, a price-to-earnings-growth ratio of 2.73 and a beta of 0.75. The company has a 50 day simple moving average of $214.45 and a two-hundred day simple moving average of $207.28. Aspen Technology has a 12 month low of $162.26 and a 12 month high of $240.82.

Aspen Technology (NASDAQ:AZPN) last announced its earnings results on Tuesday, August 6th. The technology company reported $2.37 EPS for the quarter, beating analysts’ consensus estimates of $1.88 by $0.49. The business had revenue of $342.91 million during the quarter, compared to analysts’ expectations of $319.10 million. Aspen Technology had a negative net margin of 0.87% and a positive return on equity of 2.96%. The firm’s revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the company earned $1.87 earnings per share. Research analysts forecast that Aspen Technology will post 6.53 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on AZPN shares. Robert W. Baird upped their price target on Aspen Technology from $230.00 to $250.00 and gave the stock an outperform rating in a research note on Wednesday, August 7th. Loop Capital upped their target price on shares of Aspen Technology from $204.00 to $260.00 and gave the stock a buy rating in a research report on Thursday, September 19th. Bank of America lifted their price target on shares of Aspen Technology from $225.00 to $260.00 and gave the company a buy rating in a report on Wednesday, September 18th. Finally, Piper Sandler increased their price objective on shares of Aspen Technology from $200.00 to $217.00 and gave the company a neutral rating in a report on Wednesday, September 18th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of Moderate Buy and a consensus target price of $248.40.

Insider Buying and Selling

In other news, Director Jr. Robert M. Whelan sold 1,000 shares of the firm’s 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 transaction, the director now owns 8,540 shares in the company, valued at $1,871,114. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 1.00% of the stock is 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.