Aspen (AZPN) Stock Forecast, Price Target & Predictions
AZPN Stock Forecast
Aspen stock forecast is as follows: an average price target of $254.40 (represents a 3.71% upside from AZPN’s last price of $245.30) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.
AZPN Price Target
The average price target for Aspen (AZPN) is $254.40 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $345.00 to $195.00. This represents a potential 3.71% upside from AZPN's last price of $245.30.
AZPN Analyst Ratings
According to 10 Wall Street analysts, Aspen's rating consensus is 'Buy'. The analyst rating breakdown for AZPN stock is 0 'Strong Buy' (0.00%), 6 'Buy' (60.00%), 3 'Hold' (30.00%), 1 'Sell' (10.00%), and 0 'Strong Sell' (0.00%).
Aspen Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 05, 2024 | Clarke Jeffries | Piper Sandler | $217.00 | $239.99 | -9.58% | -11.54% |
| Sep 19, 2024 | Mark Schappel | Loop Capital Markets | $260.00 | $236.00 | 10.17% | 5.99% |
| Sep 18, 2024 | David Manthey | Robert W. Baird | $345.00 | $230.09 | 49.94% | 40.64% |
| Sep 18, 2024 | Rob Oliver | Robert W. Baird | $250.00 | $233.54 | 7.05% | 1.92% |
| May 17, 2024 | Nay Soe Naing | Berenberg Bank | $255.00 | $213.88 | 19.23% | 3.95% |
| May 15, 2024 | Rob Oliver | Robert W. Baird | $230.00 | $209.06 | 10.02% | -6.24% |
| Apr 27, 2023 | Clarke Jeffries | Piper Sandler | $195.00 | $174.70 | 11.62% | -20.51% |
| Jan 11, 2023 | - | Berenberg Bank | $210.00 | $202.07 | 3.92% | -14.39% |
| Sep 19, 2022 | Weston Twigg | Piper Sandler | $240.00 | $226.37 | 6.02% | -2.16% |
| Jun 28, 2022 | Weston Twigg | Piper Sandler | $189.00 | $192.54 | -1.84% | -22.95% |
The latest Aspen stock forecast, released on Nov 05, 2024 by Clarke Jeffries from Piper Sandler, set a price target of $217.00, which represents a -9.58% decrease from the stock price at the time of the forecast ($239.99), and a -11.54% decrease from AZPN last price ($245.30).
Aspen Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 4 | 6 |
| Avg Price Target | $217.00 | $268.00 | $259.50 |
| Last Closing Price | $245.30 | $245.30 | $245.30 |
| Upside/Downside | -11.54% | 9.25% | 5.79% |
In the current month, the average price target of Aspen stock is $217.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -11.54% decrease as opposed to Aspen's last price of $245.30. This month's average price target is down -19.03% compared to last quarter, and down -16.38% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 06, 2024 | Barclays | Negative | Negative | Hold |
| Sep 19, 2024 | Loop Capital Markets | Buy | Buy | Hold |
| Sep 18, 2024 | KeyBanc | Sector Weight | Sector Weight | Hold |
| Sep 18, 2024 | Benchmark | Buy | Buy | Hold |
| Sep 18, 2024 | RBC Capital | - | Outperform | Upgrade |
| Sep 18, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Sep 18, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Sep 18, 2024 | Needham | Buy | Buy | Hold |
| Jun 14, 2024 | Robert W. Baird | Underperform | Underperform | Hold |
| Jun 14, 2024 | Piper Sandler | Buy | Buy | Hold |
Aspen's last stock rating was published by Barclays on Nov 06, 2024. The company gave AZPN a "Negative" rating, the same as its previous rate.
Aspen Financial Forecast
Aspen Revenue Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Mar 21 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Mar 14 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $257.16M | $249.31M | $320.64M | $229.88M | $242.84M | $250.82M | $238.92M | $187.75M | $162.73M | $132.03M | $147.98M | $125.87M | $119.28M | $119.22M | $111.30M | $103.59M |
| Avg Forecast | $434.41M | $343.11M | $333.55M | $269.30M | $395.67M | $315.15M | $305.57M | $263.12M | $383.36M | $297.58M | $294.84M | $265.04M | $319.10M | $256.56M | $265.50M | $264.63M | $326.55M | $285.63M | $271.28M | $236.76M | $285.53M | $186.38M | $169.39M | $155.22M | $127.94M | $114.58M | $98.65M | $99.74M | $93.25M | $70.30M |
| High Forecast | $450.42M | $355.75M | $345.84M | $279.22M | $410.25M | $326.76M | $316.83M | $272.82M | $397.48M | $320.83M | $295.44M | $267.44M | $319.10M | $256.56M | $267.95M | $280.37M | $338.59M | $296.15M | $281.27M | $236.76M | $285.53M | $223.66M | $203.27M | $186.27M | $153.53M | $137.50M | $118.38M | $119.69M | $111.90M | $84.36M |
| Low Forecast | $411.02M | $324.63M | $315.59M | $254.80M | $374.37M | $298.18M | $289.12M | $248.95M | $362.72M | $274.33M | $294.24M | $262.63M | $319.10M | $256.56M | $262.74M | $240.02M | $308.97M | $270.25M | $256.67M | $236.76M | $285.53M | $149.11M | $135.51M | $124.18M | $102.36M | $91.66M | $78.92M | $79.79M | $74.60M | $56.24M |
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 1 | 1 | 3 | 7 | 6 | 3 | 2 | 6 | 8 | 14 | 14 | 18 | 15 | 20 | 12 | 13 | 7 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 0.94% | 0.98% | 0.80% | 0.90% | 1.06% | 0.84% | 1.01% | 0.96% | 0.85% | 1.16% | 1.10% | 1.21% | 1.20% | 1.19% | 1.47% |
Aspen's average Quarter revenue forecast for Mar 24 based on 1 analysts is $256.56M, with a low forecast of $256.56M, and a high forecast of $256.56M. AZPN's average Quarter revenue forecast represents a -0.23% decrease compared to the company's last Quarter revenue of $257.16M (Dec 23).
Aspen EBITDA Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Mar 21 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Mar 14 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 1 | 1 | 3 | 7 | 6 | 3 | 2 | 6 | 8 | 14 | 14 | 18 | 15 | 20 | 12 | 13 | 7 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-49.24M | $-60.21M | $129.14M | $44.69M | $63.16M | $71.38M | $112.24M | $92.25M | $79.99M | $53.99M | $79.65M | $52.62M | $54.09M | $49.58M | $44.02M | $32.56M |
| Avg Forecast | $183.15M | $144.66M | $140.63M | $113.54M | $166.82M | $132.87M | $128.83M | $110.93M | $161.63M | $125.46M | $124.31M | $111.74M | $134.54M | $110.80M | $111.94M | $111.57M | $137.68M | $100.73M | $91.92M | $99.63M | $120.15M | $91.57M | $84.32M | $61.26M | $67.17M | $46.55M | $42.77M | $39.91M | $35.50M | $18.86M |
| High Forecast | $189.90M | $149.99M | $145.81M | $117.72M | $172.97M | $137.77M | $133.58M | $115.02M | $167.58M | $135.26M | $124.56M | $112.75M | $134.54M | $132.96M | $112.97M | $118.21M | $142.75M | $120.87M | $110.31M | $99.63M | $120.15M | $109.89M | $101.18M | $73.51M | $80.61M | $55.86M | $51.32M | $47.89M | $42.60M | $22.64M |
| Low Forecast | $173.29M | $136.87M | $133.06M | $107.43M | $157.84M | $125.72M | $121.89M | $104.96M | $152.93M | $115.66M | $124.05M | $110.73M | $134.54M | $88.64M | $110.77M | $101.19M | $130.27M | $80.58M | $73.54M | $99.63M | $120.15M | $73.26M | $67.45M | $49.00M | $53.74M | $37.24M | $34.21M | $31.93M | $28.40M | $15.09M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.44% | -0.54% | 0.94% | 0.44% | 0.69% | 0.72% | 0.93% | 1.01% | 0.95% | 0.88% | 1.19% | 1.13% | 1.26% | 1.24% | 1.24% | 1.73% |
7 analysts predict AZPN's average Quarter EBITDA for Sep 23 to be $111.57M, with a high of $118.21M and a low of $101.19M. This is -13.60% lower than Aspen's previous annual EBITDA (Jun 23) of $129.14M.
Aspen Net Income Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Mar 21 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Mar 14 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 1 | 1 | 3 | 7 | 6 | 3 | 2 | 6 | 8 | 14 | 14 | 18 | 15 | 20 | 12 | 13 | 7 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-21.50M | $-34.52M | $27.32M | $-57.63M | $-66.20M | $-11.24M | $57.19M | $75.12M | $62.49M | $43.52M | $61.59M | $37.84M | $35.83M | $33.17M | $28.17M | $20.84M |
| Avg Forecast | $197.01M | $139.14M | $138.19M | $83.48M | $177.84M | $121.68M | $118.27M | $89.93M | $185.03M | $119.98M | $117.99M | $96.76M | $131.19M | $90.24M | $94.96M | $91.28M | $137.13M | $82.03M | $72.80M | $79.52M | $138.16M | $74.57M | $65.87M | $50.02M | $51.94M | $33.47M | $28.33M | $26.70M | $22.72M | $12.07M |
| High Forecast | $206.44M | $145.80M | $144.81M | $87.48M | $186.36M | $127.51M | $123.93M | $94.24M | $193.90M | $143.25M | $119.27M | $97.12M | $131.20M | $108.28M | $105.15M | $113.47M | $143.70M | $98.44M | $87.36M | $80.21M | $138.16M | $89.49M | $79.05M | $60.03M | $62.33M | $40.16M | $34.00M | $32.04M | $27.26M | $14.48M |
| Low Forecast | $183.22M | $129.40M | $128.52M | $77.64M | $165.40M | $113.17M | $109.99M | $83.64M | $172.08M | $96.71M | $116.08M | $96.40M | $131.18M | $72.19M | $88.58M | $71.00M | $127.53M | $65.63M | $58.24M | $78.83M | $138.16M | $59.66M | $52.70M | $40.02M | $41.55M | $26.78M | $22.67M | $21.36M | $18.17M | $9.65M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.23% | -0.38% | 0.20% | -0.70% | -0.91% | -0.14% | 0.41% | 1.01% | 0.95% | 0.87% | 1.19% | 1.13% | 1.26% | 1.24% | 1.24% | 1.73% |
Aspen's average Quarter net income forecast for Sep 23 is $91.28M, with a range of $71.00M to $113.47M. AZPN's average Quarter net income forecast represents a 234.17% increase compared to the company's last Quarter net income of $27.32M (Jun 23).
Aspen SG&A Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Mar 21 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Mar 14 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 1 | 1 | 3 | 7 | 6 | 3 | 2 | 6 | 8 | 14 | 14 | 18 | 15 | 20 | 12 | 13 | 7 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $158.33M | $157.78M | $163.49M | $160.51M | $159.18M | $161.12M | $95.27M | $64.67M | $51.90M | $46.57M | $42.27M | $40.35M | $34.39M | $38.70M | $36.94M | $35.13M |
| Avg Forecast | $186.13M | $147.01M | $142.91M | $115.39M | $169.53M | $135.03M | $130.93M | $112.74M | $164.26M | $127.50M | $126.33M | $113.56M | $136.72M | $77.68M | $113.76M | $113.38M | $139.92M | $70.62M | $73.61M | $91.09M | $109.86M | $64.20M | $54.70M | $53.53M | $35.65M | $35.70M | $27.19M | $31.15M | $29.79M | $20.34M |
| High Forecast | $192.99M | $152.43M | $148.18M | $119.64M | $175.78M | $140.01M | $135.75M | $116.89M | $170.31M | $137.46M | $126.59M | $114.59M | $136.72M | $93.22M | $114.81M | $120.13M | $145.07M | $84.74M | $88.34M | $91.09M | $109.86M | $77.04M | $65.64M | $64.24M | $42.78M | $42.84M | $32.63M | $37.37M | $35.74M | $24.40M |
| Low Forecast | $176.11M | $139.09M | $135.22M | $109.17M | $160.40M | $127.76M | $123.88M | $106.67M | $155.41M | $117.54M | $126.07M | $112.53M | $136.72M | $62.14M | $112.57M | $102.84M | $132.38M | $56.50M | $58.89M | $91.09M | $109.86M | $51.36M | $43.76M | $42.83M | $28.52M | $28.56M | $21.75M | $24.92M | $23.83M | $16.27M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.39% | 1.39% | 1.17% | 2.27% | 2.16% | 1.77% | 0.87% | 1.01% | 0.95% | 0.87% | 1.19% | 1.13% | 1.26% | 1.24% | 1.24% | 1.73% |
Aspen's average Quarter SG&A projection for Mar 24 is $77.68M, based on 1 Wall Street analysts, with a range of $62.14M to $93.22M. The forecast indicates a -50.94% fall compared to AZPN last annual SG&A of $158.33M (Dec 23).
Aspen EPS Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Mar 21 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Mar 14 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 1 | 1 | 3 | 7 | 6 | 3 | 2 | 6 | 8 | 14 | 14 | 18 | 15 | 20 | 12 | 13 | 7 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.34 | $-0.54 | $0.42 | $-0.89 | $-1.02 | $-0.17 | $1.14 | $1.13 | $0.92 | $0.64 | $0.89 | $0.53 | $0.47 | $0.40 | $0.32 | $0.23 |
| Avg Forecast | $3.12 | $2.20 | $2.19 | $1.32 | $2.81 | $1.92 | $1.87 | $1.42 | $2.93 | $1.90 | $1.87 | $1.53 | $2.07 | $1.46 | $1.50 | $1.44 | $2.17 | $1.74 | $1.32 | $1.25 | $2.17 | $1.43 | $1.17 | $1.00 | $0.70 | $0.46 | $0.34 | $0.33 | $0.25 | $0.11 |
| High Forecast | $3.26 | $2.31 | $2.29 | $1.38 | $2.95 | $2.02 | $1.96 | $1.49 | $3.07 | $2.27 | $1.89 | $1.54 | $2.07 | $1.52 | $1.66 | $1.79 | $2.27 | $1.82 | $1.39 | $1.26 | $2.17 | $1.43 | $1.40 | $1.20 | $0.84 | $0.55 | $0.41 | $0.40 | $0.30 | $0.13 |
| Low Forecast | $2.90 | $2.05 | $2.03 | $1.23 | $2.62 | $1.79 | $1.74 | $1.32 | $2.72 | $1.53 | $1.84 | $1.52 | $2.07 | $1.39 | $1.40 | $1.12 | $2.02 | $1.62 | $1.23 | $1.24 | $2.17 | $1.43 | $0.94 | $0.80 | $0.56 | $0.37 | $0.27 | $0.26 | $0.20 | $0.09 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.23% | -0.37% | 0.19% | -0.51% | -0.77% | -0.14% | 0.52% | 0.79% | 0.79% | 0.64% | 1.27% | 1.15% | 1.38% | 1.21% | 1.28% | 2.09% |
According to 7 Wall Street analysts, Aspen's projected average Quarter EPS for Sep 23 is $1.44, with a low estimate of $1.12 and a high estimate of $1.79. This represents a 243.65% increase compared to AZPN previous annual EPS of $0.42 (Jun 23).
Aspen Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| DV | DoubleVerify | $19.33 | $30.64 | 58.51% | Buy |
| PAYC | Paycom Software | $219.78 | $340.31 | 54.84% | Hold |
| BL | BlackLine | $58.53 | $88.50 | 51.20% | Buy |
| PYCR | Paycor HCM | $16.40 | $22.00 | 34.15% | Hold |
| CDAY | Dayforce | $69.52 | $81.33 | 16.99% | Hold |
| BSY | Bentley Systems | $46.69 | $52.33 | 12.08% | Buy |
| ROP | Roper | $549.45 | $605.11 | 10.13% | Buy |
| ENV | Envestnet | $63.09 | $67.86 | 7.56% | Hold |
| ANSS | ANSYS | $342.24 | $359.60 | 5.07% | Buy |
| AZPN | Aspen | $245.30 | $254.40 | 3.71% | Buy |
| SSNC | SS&C Technologies | $73.43 | $75.50 | 2.82% | Buy |
| MANH | Manhattan Associates | $271.56 | $276.57 | 1.84% | Buy |
| TYL | Tyler | $601.14 | $558.00 | -7.18% | Buy |
| AGYS | Agilysys | $125.78 | $116.20 | -7.62% | Buy |
| PTC | PTC | $188.50 | $172.00 | -8.75% | Buy |
| CDNS | Cadence Design Systems | $304.01 | $276.07 | -9.19% | Buy |
| BLKB | Blackbaud | $83.02 | $74.33 | -10.47% | Buy |
| SAP | SAP SE | $235.02 | $173.08 | -26.36% | Buy |
| CVLT | Commvault Systems | $170.96 | $123.20 | -27.94% | Hold |