Aspen Technology Inc. (AZPN) Stock Forecast & Predictions

Aspen Technology Inc. AZPN: $149.22

20 Crosby Dr, Bedford, Massachusetts, US. | Sector: Professional, Scientific, and Technical Services | Exchange: NASDAQ/NGS (GLOBAL SELECT MARKET) | Web: https://www.aspentech.com/

  • Market Cap$10.31B
  • Change (52 Weeks)58.41%
  • Low (52 Weeks)$91.15
  • Aspen Technology Inc. (AZPN) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 25.00% are on Buy, 25.00% on Sell, and 50.00% Neutral.

    According to the market data, Aspen Technology Inc. (AZPN) stock price is $149.22 and the 52 weeks low is $91.15, which means the Aspen Technology Inc. stock price is up 58.41% in the last 12 months.

    Aspen Technology Inc. (AZPN) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 25.00% are indicating that AZPN Stock price might rise further, 25.00% indicating that AZPN Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall AZPN stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Aspen Technology Inc. (AZPN) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Aspen Technology Inc. (AZPN) is based on 14 Institutional Analyst Ratings where 42.86% are on Strong Buy, 28.57% on Moderate Buy, 21.43% remains on Hold, 7.14% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 14 Institutional Analysts, majority recommended AZPN stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Aspen Technology Inc..

    Aspen Technology Inc. (AZPN) Stock Price Prediction By Analysts


    HighLowAverage
    $189.00$115.14$166.60
    $166.6011.65% Upside
    Updated: 2021-04-22 00:00:00

    The Average Price target for AZPN set by the institutional analysts is $166.60 where High Estimate is $189.00, Median $176.46 and Low $115.14.

    The average price target for AZPN by Institutional Analysts is $166.60, which is 11.65% Upside from the current price. So according to the Institutional Analysts, AZPN Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Aspen Technology Inc. (AZPN) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 388,226 investor portfolio.

    Our algorithm has analysed 388,226 investor portfolio with AZPN stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about AZPN and holding their positions hoping for a further rise in the stock price and more profit.

    Aspen Technology Inc. (AZPN) Stock Forecast Based on News Sentiment


    Neutral
    Based on 1 articles published Last Week, where 50.00% are Bullish and 50.00% are Bearish.

    According to the news articles published last week, journalists and bloggers had a mixed sentiment of AZPN consisting of positive and negative, it shows that Aspen Technology Inc. had a neutral news coverage.

    Neutral news coverage usually doesn't affect short-term price of a stock, so AZPN stock price most likey won't have any reaction to last weeks news coverage.

    Aspen Technology Inc. (AZPN) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    KeyBancOverweightMaintained
    BairdOutperformUpgraded
    KeyBancOverweightMaintained
    B of A SecuritiesNeutralReiterated
    KeyBancOverweightMaintained
    KeyBancOverweightMaintained
    KeyBancOverweightMaintained
    KeyBancOverweightMaintained
    WedbushOutperformMaintained
    BairdNeutralDowngraded
    JP MorganNeutralUpgraded
    WedbushOutperformMaintained
    KeyBancOverweightMaintained
    Canaccord GenuityBuyMaintained
    WedbushOutperformReiterated
    KeyBancOverweightMaintained
    JP MorganUnderweightMaintained
    WedbushOutperformUpgraded
    Canaccord GenuityBuyMaintained
    Bank of AmericaNeutralUpgraded
    BenchmarkBuyUpgraded
    Canaccord GenuityBuyUpgraded
    Canaccord GenuityHoldMaintained
    WedbushNeutralMaintained
    KeyBancOverweightMaintained
    BairdOutperformMaintained
    WedbushNeutralMaintained
    KeyBancOverweightMaintained
    BairdOutperformUpgraded
    KeyBancOverweightMaintained
    Canaccord GenuityHoldMaintained
    Bank of AmericaNeutralInitiated
    Canaccord GenuityHoldMaintained
    BerenbergBuyInitiated
    BairdNeutralInitiated
    Pacific CrestOverweightMaintained
    Avondale PartnersUnderperformDowngraded
    BenchmarkHoldMaintained
    Avondale PartnersMarket PerformInitiated
    BenchmarkHoldDowngraded
    Pacific CrestOverweightUpgraded
    JP MorganUnderweightMaintained
    Canaccord GenuityBuyMaintained
    Evercore ISI GroupBuyInitiated
    JP MorganUnderweightDowngraded
    Canaccord GenuityHoldDowngraded
    Summit Research PartnersHoldDowngraded
    Summit Research PartnersBuyUpgraded
    JP MorganNeutralMaintained
    JP MorganNeutralMaintained
    UBSBuyUpgraded
    JP MorganNeutralDowngraded
    BenchmarkBuyMaintained
    Deutsche BankBuyMaintained
    Canaccord GenuityBuyMaintained
    BenchmarkBuyMaintained
    Deutsche BankBuyMaintained
    Canaccord GenuityBuyMaintained
    Deutsche BankBuyMaintained
    Canaccord GenuityBuyMaintained
    BenchmarkBuyMaintained
    Deutsche BankBuyMaintained

    Aspen Technology Inc. (AZPN) Stock Earning Per Share (EPS) Forecast / Estimate


    $1.768
    The average consensus EPS for AZPN is $1.768 with a high estimate of $1.964 and Low of $1.588 for the period 2021-06-30 and based on 9 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.58$0.93111722020-09-30


    The latest average Earning Per Share Estimate for Aspen Technology Inc. is $1.77, which is higher than AZPN's last EPS, $0.58. This means that Analysts are expecting Aspen Technology Inc. to report higher earnings. This can drive share prices higher since the investors have positive sentiment about market performance of Aspen Technology Inc..

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $0.58$0.93111722020-09-30
    $1.54$1.197992020-06-30
    $0.74$0.88212662020-03-31
    $0.66$0.81362342019-12-31
    $0.79$0.649742019-09-30
    $1.59$1.1079752019-06-30
    $0.96$0.8478752019-03-31
    $0.92$0.629852018-12-31
    $0.64$0.52532018-09-30
    $0.59$0.56828282018-06-30
    $0.58$0.52532018-03-31
    $0.59$0.51166260000000012017-12-31
    $0.53$0.49105862017-09-30
    $0.79$0.45171722017-06-30
    $0.52$0.434522017-03-31
    $0.52$0.472596600000000032016-12-31
    $0.49$0.44199662016-09-30
    $0.44$0.39440342016-06-30
    $0.49$0.416162016-03-31
    $0.47$0.400350000000000042015-12-31
    $0.47$0.426362015-09-30
    $0.39$0.350879999999999972015-06-30
    $0.37$0.31280342015-03-31
    $0.36$0.310082014-12-31
    $0.35$0.275400000000000032014-09-30
    $0.31$0.21128282014-06-30
    $0.28$0.19234142014-03-31
    $0.27$0.17510342013-12-31
    $0.19$0.14862422013-09-30
    $0.14$0.07868282013-06-30
    $0.14$0.0522749999999999952013-03-31
    $0.13$0.0495414000000000062012-12-31
    $0.08$0.01532012-09-30
    $-0.04$-0.0446252012-06-30
    $0.01$-0.0510000000000000042012-03-31
    $0.06$-0.053042011-12-31
    $-0.09$-0.086700000000000012011-09-30
    $-0.2$-0.224400000000000022011-06-30
    $-0.04$-0.208082011-03-31
    $-0.09$-0.199471200000000022010-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).