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Aspen Technology Inc.

Logo Aspen Technology Inc.

Technology

EDP Services

Nasdaq

as 04-12-2024 4:00pm EST

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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
United States
Employees: N/A City: BEDFORD
Market Cap: 13.5B IPO Year: 1994
Target Price: $203.67 AVG Volume (30 days): 209.5K
Analyst Decision: Buy Number of Analysts: 5
Dividend Yield: 0.25% Dividend Payout Frequency: N/A
EPS: -1.35 EPS Growth: N/A
52 Week Low/High: $161.32 - $243.95 Next Earning Date: 04-24-2024
Revenue: $1,056,992,000 Revenue Growth: 29.35%
Revenue Growth (this year): 27.18% Revenue Growth (next year): -13.40%

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