as 12-18-2024 4:00pm EST
Aspen Technology is a global leader in asset optimization software, enabling customers within capital-intensive industries to design, operate and maintain their functions to meet their profitability, safety, and sustainability goals. The heritage business of AspenTech was founded in 1981 and provides software solutions purposed to optimize engineering, manufacturing, and supply chain and asset management functions. In 2021, Emerson Electric traded over $6 billion in cash and its Open Systems International (digital grid management) and subsurface science and engineering businesses for 55% of AspenTech's shares. The new AspenTech is the combination of heritage Aspen, OSI, and SSE and serves more than 3,000 customers across 40 countries.
Founded: | 1981 | Country: | United States |
Employees: | N/A | City: | BEDFORD |
Market Cap: | 15.6B | IPO Year: | 1994 |
Target Price: | $258.00 | AVG Volume (30 days): | 503.9K |
Analyst Decision: | Strong Buy | Number of Analysts: | 5 |
Dividend Yield: | Dividend Payout Frequency: | N/A | |
EPS: | -0.56 | EPS Growth: | N/A |
52 Week Low/High: | $171.25 - $254.44 | Next Earning Date: | 02-04-2025 |
Revenue: | $1,094,051,000 | Revenue Growth: | 4.93% |
Revenue Growth (this year): | 7.85% | Revenue Growth (next year): | 7.65% |
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