Aspen Technology에 대한 매도 수량은 투자자에게 Aspen Technology의 주식 하락에 베팅하는 정도를 알려줍니다. 매도 수량 데이터는 2주마다 업데이트됩니다.

Aspen Technology (NASDAQ:AZPN) 주식, 공매도 수량 보고

Aspen Technology

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.

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이들 10개 대형주는 8월 최고의 성과를 거두었다. 그것들이 당신의 포트폴리오에 있나요? 1. 어펌 홀딩스(NASDAQ:AFRM)의 주식은 8월에 66.58% 상승했다. 이는 강력한 4분기 실적과 긍정적인 1분기 가이던스를 발표한 후 발생한 일이다.

어펌, 쇼피파이 그리고 스타벅스는 8월 최고 성과를 보여준 10개 대형주 중 일부

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이들 10개 대형주는 지난주 최고의 성과를 거두었다. 그것들이 당신의 포트폴리오에 있나요? 1. 어펌 홀딩스(NASDAQ:AFRM)의 주가는 강력한 4분기 실적과 낙관적인 1분기 가이던스에 따라 36.04% 상승했다. 몇몇 분석가는 주가 전망을 상향 조정했다.

어펌 및 몽고DB는 지난주 최고 성과를 보여준 10개 대형주 중 일부 (8월 25일-8월 31일)

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이들 10개 대형주는 지난주 최고의 성과를 거두었다. 그것들이 당신의 포트폴리오에 있나요? 쇼피파이(NYSE:SHOP)는 강력한 실적 보고서와 2024년 3분기의 낙관적 전망에 따라 주가가 41.15% 상승했다. 몇몇 분석가들은 주식의 목표 주가를 수정했다.

쇼피파이 및 팔란티어는 지난주 최고 성과를 보여준 10개 대형주 중 일부 (8월 4일-8월 10일)

Aspen Technology Inc

Emerson and its affiliates currently own 57.4% of the Company's outstanding common shares, based on their most recent Schedule 13D filing dated November 5, 2024.
The Board of Directors of AspenTech will follow an appropriate governance process and carefully review the proposal. No action is required by AspenTech shareholders at this time. &nbsp;

Aspen Technology Confirms Receipt Of $240/Share Unsolicited Acquisition Proposal From Emerson; Asks Shareholders Not To Take Any Action Pending Review

In the latest quarter, 4 analysts provided ratings for Aspen Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZPN#NASDAQ">AZPN</a>), showcasing a mix of bullish and bearish perspectives.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $244.25, a high estimate of $260.00, and a low estimate of $217.00. Surpassing the previous average price target of $211.50, the current average has increased by 15.48%.
<img src="https://www.benzinga.com/files/images/story/2024/1730840494_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
The standing of Aspen Technology among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Clarke Jeffries</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$240.00</td>
<td>$217.00</td>
</tr>
<tr>
<td>Mark Schappel</td>
<td>Loop Capital</td>
<td>Raises</td>
<td>Buy</td>
<td>$260.00</td>
<td>$204.00</td>
</tr>
<tr>
<td>Andrew Obin</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$260.00</td>
<td>$225.00</td>
</tr>
<tr>
<td>Clarke Jeffries</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$217.00</td>
<td>$200.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Aspen Technology. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Aspen Technology compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Aspen Technology's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Aspen Technology's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/AZPN/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Aspen Technology analyst ratings.</a>
<h2>Delving into Aspen Technology's Background</h2>
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.
<h3>Aspen Technology's Economic Impact: An Analysis</h3>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Growth: Aspen Technology displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 6.94%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: Aspen Technology's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 13.04%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Aspen Technology's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 0.35%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 0.32%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: With a below-average debt-to-equity ratio of 0.01, Aspen Technology adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>How Are Analyst Ratings Determined?</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
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Analyst Ratings

Aspen Technology Stock: A Deep Dive Into Analyst Perspectives (4 Ratings)

Piper Sandler analyst Clarke Jeffries maintains Aspen Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZPN#NASDAQ">AZPN</a>) with a Neutral and raises the price target from $217 to $240.

Price Target

Piper Sandler Maintains Neutral on Aspen Technology, Raises Price Target to $240

Emerson Electric Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EMR#NYSE">EMR</a>) shares traded higher on Tuesday after the company reported&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/n41740106/emerson-reports-fourth-quarter-and-full-year-2024-results-provides-initial-2025-outlook" rel="noreferrer noopener">fourth-quarter&nbsp;FY24 results</a>.
Net sales growth of 13% year over year to $4.62 billion, beating the consensus of $4.57 billion. Underlying sales were up 4%, and underlying orders increased by 2% in the quarter. Adjusted EPS improved 15% to $1.48, <a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">beating the consensus of $1.47</a>.
Sales by Segments: Final Control&nbsp;$1.17 billion&nbsp;(+8%), Measurement &amp; Analytical&nbsp;$1.12 billion&nbsp;(+7%), Discrete Automation&nbsp;$643 million&nbsp;(-3%); Safety &amp; Productivity&nbsp;$352 million&nbsp;(-1%), Control Systems &amp; Software&nbsp;$780 million&nbsp;(+9%), AspenTech&nbsp;$215 million&nbsp;(-13%), and Test &amp; Measurement&nbsp;$360 million.
Adjusted Total Segment EBITA was&nbsp;$1.21 billion&nbsp;compared to&nbsp;$1.05 billion&nbsp;in the prior&nbsp;year&nbsp;quarter, and the margin improved by 70&nbsp;bps to&nbsp;26.2%.
Emerson&#8217;s operating cash flow for the quarter totaled $1.07 billion, compared to $991 million in the prior year, and free cash flow was $905 million (+10% Y/Y). Emerson held cash and equivalents of $8.05 billion as of September-end.
Dividend: Emerson declared a quarterly cash dividend per share of $0.5275 (vs. $0.525 prior quarter), payable on December 10, to stockholders of record on&nbsp;November&nbsp;15, 2024.
Emerson President&nbsp;and Chief Executive Officer&nbsp;Lal Karsanbhai&nbsp;said, &#8220;We have done an exceptional job integrating Test &amp; Measurement with&nbsp;$100 million&nbsp;of synergies realized in the first year, and we remain resolute in our focus on executing at a world-class level, guided by our Emerson Management System. Emerson&#8217;s leading technology, alignment with secular trends and customer focus provide confidence for continued momentum in fiscal 2025.&#8221;
Outlook: For FY25, Emerson Electric expects its net sales growth outlook of 3.5% &#8211; 5.5%, with underlying sales growth of 3% &#8211; 5% and adjusted EPS of $5.85 &#8211;<a href="https://www.benzinga.com/calendars/guidance" target="_blank" rel="noreferrer noopener"> $6.05 vs. consensus $5.48</a>.
Emerson expects an operating cash flow of&nbsp;$3.6 billion &#8211; $3.7 billion&nbsp;and an FCF of&nbsp;$3.2 billion &#8211; $3.3 billion&nbsp;for FY25.
For the first quarter, the company projects net sales growth of 2.5% &#8211; 3.5% and adjusted EPS of $1.25&nbsp;&#8211;&nbsp;$1.30&nbsp;vs. consensus of $1.28.
Emerson disclosed plans to boost capital returns to shareholders with a share repurchase program totaling around $2 billion for FY25, including $1 billion expected in the fiscal first quarter.
Acquisition: In a separate release, Emerson proposed acquiring all remaining shares of Aspen Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZPN#NASDAQ">AZPN</a>) for an <a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/n41740121/emerson-announces-key-actions-to-complete-the-portfolio-transformation-to-an-industrial-technology" rel="noreferrer noopener">enterprise value of&nbsp;$15.1 billion</a>.
Emerson&#8217;s proposal of $240 per share offers a 35% premium over AspenTech&#8217;s undisturbed share price of $177.84 on August 6, and an 8% premium above its 52-week high of $221.94 through&nbsp;August 6.
Emerson currently owns approximately&nbsp;57%&nbsp;of AspenTech&#8217;s outstanding shares of common stock. Upon completing the transaction, AspenTech would become Emerson&#8217;s wholly-owned subsidiary.
Emerson anticipates that the proposed transaction, including synergies, will have a neutral effect on its Adjusted EPS in fiscal 2025.
Emerson has also initiated a strategic review of its Safety &amp; Productivity segment, considering options like a cash sale. This segment includes the remaining non-automation businesses in Emerson&#8217;s portfolio.
Investors can gain exposure to the stock via&nbsp;ProShares S&amp;P Kensho Smart Factories ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAKX#NYSE">MAKX</a>) and&nbsp;Gabelli Automation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GAST#NYSE">GAST</a>).
Price Action: EMR shares are up 8.6% at $119.25 at the last check Tuesday.
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Earnings

Equities

Guidance

Dividends

Buybacks

Asset Sales

GAST

MAKX

Emerson Electric Gains On Q4 Earnings Beat And FY25 Growth Forecast: Eyes AspenTech Buyout

WIIM

Aspen Technology shares are trading higher. The company reported Q1 financial results

Emerson Proposes To Acquire Remaining Outstanding Shares Of AspenTech For $240 Per Share In Cash

Aspen Technology Q1 2025 Adj EPS $0.85 May Not Compare To $1.57 Estimate, Sales $215.90M Miss $267.63M Estimate

Aspen Technology To Acquire Open Grid Systems; Terms Not Disclosed

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Needham raised the price target for SS&amp;C Technologies Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSNC#NASDAQ">SSNC</a>) from $81 to $90. Needham analyst Mayank Tandon maintained a Buy rating. SS&amp;C Technologies shares fell 0.2% to close at $75.36 on Wednesday. <a href="https://www.benzinga.com/quote/ssnc/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Morgan Stanley cut the price target for Elanco Animal Health Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELAN#NYSE">ELAN</a>) from $17 to $15. Morgan Stanley analyst Erin Wright downgraded the stock from Overweight to Equal-Weight. Elanco Animal Health shares gained 2.5% to close at $14.65 on Wednesday. <a href="https://www.benzinga.com/quote/elan/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Mizuho slashed Athira Pharma, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATHA#NASDAQ">ATHA</a>) price target from $5 to $0.5. Mizuho analyst Graig Suvannavejh downgraded the stock from Outperform to Neutral. Athira Pharma shares fell 4.7% to close at $0.4630 on Wednesday. <a href="https://www.benzinga.com/quote/atha/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Bernstein cut NIKE, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) price target from $112 to $109. Bernstein analyst Aneesha Sherman maintained an Outperform rating. NIKE shares gained 0.3% to close at $80.90 on Wednesday. S<a href="https://www.benzinga.com/quote/NKE/analyst-ratings">ee how other analysts view this stock.</a></li>
<li>Loop Capital boosted the price target for Aspen Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZPN#NASDAQ">AZPN</a>) from $204 to $260. Loop Capital analyst Mark Schappel maintained a Buy rating. Aspen Technology rose 1.1% to close at $236.00 on Wednesday. <a href="https://www.benzinga.com/quote/AZPN/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Mizuho increased Carnival Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) price target from $22 to $25. Mizuho analyst Ben Chaiken maintained an Outperform rating. Carnival shares rose 1.8% to close at $18.36 on Wednesday. <a href="https://www.benzinga.com/quote/CCL/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Pivotal Research raised Spotify Technology S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) price target from $460 to $510. Pivotal Research analyst Jeffrey Wlodarczak maintained a Buy rating. Spotify shares gained 0.5% to close at $343.97 on Wednesday. <a href="https://www.benzinga.com/quote/SPOT/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Piper Sandler increased the price target for General Mills, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GIS#NYSE">GIS</a>) from $74 to $84. Piper Sandler analyst Michael Lavery maintained an Overweight rating. General Mills shares rose 0.7% to close at $75.01 on Wednesday. <a href="https://www.benzinga.com/quote/GIS/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Piper Sandler raised Robinhood Markets, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) price target from $23 to $27. Piper Sandler analyst Patrick Moley maintained an Overweight rating. Robinhood shares rose 1.4% to close at $22.95 on Wednesday. <a href="https://www.benzinga.com/quote/HOOD/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Oppenheimer raised T-Mobile US, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) price target from $200 to $215. Oppenheimer analyst Timothy Horan maintained an Outperform rating. T-Mobile shares fell 3% to close at $196.68 on Wednesday. <a href="https://www.benzinga.com/quote/TMUS/analyst-ratings">See how other analysts view this stock.</a></li>
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<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="512" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19082758/image-153-1024x512.png" alt="" class="wp-image-556095" style="width:628px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19082758/image-153-1024x512.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19082758/image-153-300x150.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19082758/image-153-768x384.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19082758/image-153.png 1335w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Robinhood To Rally Around 18%? Here Are 10 Top Analyst Forecasts For Thursday

In the last three months, 4 analysts have published ratings on Aspen Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZPN#NASDAQ">AZPN</a>), offering a diverse range of perspectives from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Aspen Technology, revealing an average target of $246.75, a high estimate of $260.00, and a low estimate of $217.00. This upward trend is evident, with the current average reflecting a 14.9% increase from the previous average price target of $214.75.
<img src="https://www.benzinga.com/files/images/story/2024/1726747223_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
A clear picture of Aspen Technology's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Mark Schappel</td>
<td>Loop Capital</td>
<td>Raises</td>
<td>Buy</td>
<td>$260.00</td>
<td>$204.00</td>
</tr>
<tr>
<td>Andrew Obin</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$260.00</td>
<td>$225.00</td>
</tr>
<tr>
<td>Clarke Jeffries</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$217.00</td>
<td>$200.00</td>
</tr>
<tr>
<td>Rob Oliver</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$250.00</td>
<td>$230.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Aspen Technology. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Aspen Technology compared to the broader market.</li>
<li>Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Aspen Technology's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
To gain a panoramic view of Aspen Technology's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/AZPN/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Aspen Technology analyst ratings.</a>
<h2>All You Need to Know About Aspen Technology</h2>
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.
<h3>Understanding the Numbers: Aspen Technology's Finances</h3>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Aspen Technology's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 6.94%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.
Net Margin: Aspen Technology's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 13.04% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Aspen Technology's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 0.35%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Aspen Technology's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 0.32%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: Aspen Technology's debt-to-equity ratio is below the industry average at 0.01, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>What Are Analyst Ratings?</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

The Analyst Landscape: 4 Takes On Aspen Technology

Loop Capital analyst Mark Schappel maintains Aspen Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZPN#NASDAQ">AZPN</a>) with a Buy and raises the price target from $204 to $260.

Loop Capital Maintains Buy on Aspen Technology, Raises Price Target to $260

B of A Securities analyst Andrew Obin maintains Aspen Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZPN#NASDAQ">AZPN</a>) with a Buy and raises the price target from $225 to $260.

B of A Securities Maintains Buy on Aspen Technology, Raises Price Target to $260

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Piper Sandler raised the price target for Aspen Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZPN#NASDAQ">AZPN</a>) from  $200 to $217. Piper Sandler analyst Clarke Jeffries maintained a Neutral rating. Aspen Technology shares gained 3.3% to close at $233.54 on Tuesday. <a href="https://www.benzinga.com/quote/AZPN/analyst-ratings">See how other analysts view this stock.</a></li>
<li>RBC Capital raised the price target for NMI Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NMIH#NASDAQ">NMIH</a>) from $40 to $48. RBC Capital analyst Scott Heleniak upgraded the stock from Sector Perform to Outperform. NMI Holdings shares fell 1.4% to close at $41.15 on Tuesday. <a href="https://www.benzinga.com/quote/NMIH/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>HC Wainwright &amp; Co. lifted Longboard Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LBPH#NASDAQ">LBPH</a>) price target from $60 to $80. HC Wainwright &amp; Co. analyst Patrick Trucchio maintained a Buy rating. Longboard Pharmaceuticals shares fell 10.3% to close at $27.58 on Tuesday. S<a href="https://www.benzinga.com/quote/LBPH/analyst-ratings">ee how other analysts view this stock</a>.</li>
<li>Benchmark increased Belden Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BDC#NYSE">BDC</a>) price target from $115 to $120. Benchmark analyst Reuben Garner maintained a Buy rating. Belden shares gained 2.9% to close at $106.29 on Tuesday. <a href="https://www.benzinga.com/quote/BDC/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>B of A Securities boosted the price target for Starbucks Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) from $112 to $118. B of A Securities analyst Sara Senatore maintained a Buy rating. Starbucks rose 0.1% to close at $96.44 on Tuesday. <a href="https://www.benzinga.com/quote/SBUX/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Needham cut Workday, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDAY#NASDAQ">WDAY</a>) price target from $350 to $300. Needham analyst Scott Berg maintained a Buy rating. Workday shares fell 0.4% to close at $248.12 on Tuesday. <a href="https://www.benzinga.com/quote/WDAY/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Baird raised Ferguson Enterprises Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FERG#NYSE">FERG</a>) price target from $222 to $225. Baird analyst David Manthey maintained an Outperform rating. Ferguson Enterprises shares gained 5% to close at $207.06 on Tuesday. <a href="https://www.benzinga.com/quote/FERG/analyst-ratings">See how other analysts view this stock.</a></li>
<li>B of A Securities cut the price target for FedEx Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) from $347 to $345. B of A Securities analyst Ken Hoexter maintained a Buy rating. FedEx shares rose 1.6% to close at $297.34 on Tuesday. <a href="https://www.benzinga.com/quote/FDX/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Goldman Sachs raised The Progressive Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PGR#NYSE">PGR</a>) price target from $262 to $280. Goldman Sachs analyst Alex Scott maintained a Buy rating. Progressive shares rose 0.2% to close at $256.91 on Tuesday. <a href="https://www.benzinga.com/quote/PGR/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Stifel raised Zoetis Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZTS#NYSE">ZTS</a>) price target from $200 to $210. Stifel analyst Jonathan Block maintained a Buy rating. Zoetis shares rose 0.8% to close at $195.71 on Tuesday. <a href="https://www.benzinga.com/quote/ZTS/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying SBUX stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="526" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18090157/image-141-1024x526.png" alt="" class="wp-image-553956" style="width:648px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18090157/image-141-1024x526.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18090157/image-141-300x154.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18090157/image-141-768x394.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18090157/image-141.png 1321w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Piper Sandler analyst Clarke Jeffries maintains Aspen Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZPN#NASDAQ">AZPN</a>) with a Neutral and raises the price target from $200 to $217.

Piper Sandler Maintains Neutral on Aspen Technology, Raises Price Target to $217

<ul>
<li>High-single-digits to double-digits Annual Contract Value&nbsp;(&quot;ACV&quot;) growth</li>
<li>ACV margin&nbsp;of&nbsp;45-47%</li>
<li>Mid-teens free cash flow3&nbsp;growth</li>
</ul>

Aspen Technology Reaffirms Outlook For FY25, Provides Multi-year Financial Outlook As Part Of Its 2024 Investor Day

Trimble&#39;s (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/trmb#NASDAQ">TRMB</a>) shares have returned 6.2% year to date (YTD) compared with the Zacks Internet - Software industry&#39;s rise of 12.3% and the broader Zacks Computer &amp; Technology sector&#39;s return of 19.9%.
TRMB&#39;s shares have gained from strong performance in the buildings, infrastructure and transportation segments. The notable increase in Annual Recurring Revenue&nbsp;has been a significant positive factor.
In second-quarter 2024, recurring software services were 75% of revenues. Overall, recurring revenues were 60% of revenues.
TRMB&#39;s continuous efforts to expand its client base and robust portfolio are expected to drive top-line growth in 2024. It raised the mid-point of its full-year guidance by $10 million to $3.63 billion. TRMB&#39;s earnings moved up 4 cents to $2.74 per share.
<div class="chart_embed">
<h3>Trimble Inc. Price and Consensus</h3>
<img alt="Trimble Inc. Price and Consensus" src="https://staticx-tuner.zacks.com/images/charts/9e/1726495830.png" style="height:285px; width:620px" title="" />
Trimble Inc. price-consensus-chart | Trimble Inc. Quote
Hence, the question that investors should mull over is &mdash; would these strong efforts help TRMB stock in continuing its momentum?
</div>
<h3>TRMB Divests Telematics Segment to Platform Science</h3>
Trimble&#39;s efforts to expand its footprint in the global transportation industry are noteworthy. Recently, TRMB unveiled a partnership with Platform Science to drive innovation in the global transportation sector.
As part of this deal, Platform Science will acquire Trimble&#39;s global transportation telematics business units. The company will become a shareholder in Platform Science&#39;s expanded business.
The collaboration will integrate two advanced commercial vehicle ecosystems, enhancing driver experience, fleet safety, and efficiency.
Trimble&#39;s customers will retain their existing solutions and gain access to Platform Science&#39;s Virtual Vehicle platform, which offers new applications and solutions.
Platform Science customers will also benefit from Trimble&#39;s transportation solutions available through this platform.
<h3>Strong Portfolio Drives TRMB Stock&#39;s Prospects</h3>
Trimble recently introduced its Trimble Reality Capture platform, designed to enhance collaboration and securely share extensive reality capture datasets from 3D laser scanning, mobile mapping and uncrewed aerial vehicle systems. This new service is available as an extension of Trimble Connect.
Connect has now initiated more than 20 million projects since inception and had more than 6 billion API hits on the platform in the first six months of 2024.
Trimble&#39;s Reality Capture platform offers a secure, intuitive web-based solution for handling point clouds and 360-degree imagery. It allows professionals across construction, surveying, infrastructure, utilities, energy, and mining to collaborate more effectively on complex projects, all while maintaining data integrity and accuracy.
TRMB&#39;s new asset lifecycle management software suite, Trimble Unity, allows owners of capital projects and public infrastructure to streamline the planning, design, construction, operation and maintenance of their assets through centralized data and connected digital workflows.
<h3>TRMB&#39;s Zacks Rank &amp; Valuation</h3>
Trimble&#39;s commitment to diversifying its portfolio and growing client base is expected to drive the top line in the near term.
However, weakness in the North American transportation mobility business, along with adverse foreign exchange rates, makes Trimble&#39;s near-term prospects foggy.
The TRMB stock is not so cheap, as the Value Style Score of D suggests a stretched valuation at this moment.
Trimble currently has a Zacks Rank #3 (Hold).
<h3>Key Stocks</h3>
Some better-ranked stocks in the broader technology sector are Audioeye (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aeye#NASDAQ">AEYE</a>), Alps Electric&nbsp;and Aspen Technologies (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/azpn#NASDAQ">AZPN</a>), each sporting Zacks Rank #1 (Strong Buy).
Audioeye&#39;s shares have surged 315.1% in the year-to-date period. The long-term earnings growth rate for AEYE is pegged at 25%.
Alps Electric&#39;s shares have gained 28% in the year-to-date period. The long-term earnings growth rate for APELY is pegged at 40.52%.
Aspen Technologies&#39; shares have returned 2.3% in the year-to-date period. The long-term earnings growth rate for AZPN is pegged at 13.12%.
<a href="https://www.zacks.com/stock/news/2336693/trimble-up-6-2-ytd-should-you-buy-hold-or-sell-the-trmb-stock?cid=CS-BENZ-FT-analyst_blog|company_news_tech_sector-2336693">To read this article on Zacks.com click here.</a>

Small Cap

Tech

AEYE

TRMB

Trimble Up 6.2% YTD: Should You Buy, Hold or Sell the TRMB Stock?

These ten large-cap stocks were the best performers in August. Are they in your portfolio?
<ol>
<li>Affirm Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFRM#NASDAQ">AFRM</a>) shares escalated 66.58% in August. It reported&nbsp;strong&nbsp;fourth-quarter&nbsp;earnings and <a href="https://www.benzinga.com//node/40630056" target="_blank" rel="noreferrer noopener">upbeat&nbsp;first-quarter&nbsp;guidance</a>.</li>
<li>CAVA Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAVA#NYSE">CAVA</a>) stock jumped 34.99%. The company reported better-than-expected&nbsp;second-quarter&nbsp;results, and analysts boosted <a href="https://www.benzinga.com//node/40528470" target="_blank" rel="noreferrer noopener">stock price forecasts</a>.</li>
<li>Fortinet, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>) shares rose 34.11%. It reported strong second-quarter results and <a href="https://www.benzinga.com//node/40599688" target="_blank" rel="noreferrer noopener">issued&nbsp;above-estimate guidance</a>.</li>
<li>Nu Holdings Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>) stock upped 29.95%. The company reported strong&nbsp;<a href="https://www.benzinga.com//node/40368174" target="_blank" rel="noreferrer noopener">results for the&nbsp;second quarter</a>.</li>
<li>Kellanova (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/K#NYSE">K</a>) stock upped 29.91%. The company inked a deal to be bought by privately held <a href="https://www.benzinga.com//node/40364761" target="_blank" rel="noreferrer noopener">Mars</a><a href="https://www.benzinga.com//node/40364761" target="_blank" rel="noreferrer noopener"> for&nbsp;$83.50&nbsp;per share</a>.</li>
<li>Nutanix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTNX#NASDAQ">NTNX</a>) stock escalated 28.96%. It reported&nbsp;fourth-quarter results, and many analysts&nbsp;<a href="https://www.benzinga.com//node/40626089" target="_blank" rel="noreferrer noopener">boosted the stock's price target</a>.</li>
<li>Aspen Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZPN#NASDAQ">AZPN</a>) shares rose 28.64%. The company reported better-than-<a href="https://www.benzinga.com//node/40226872" target="_blank" rel="noreferrer noopener">expected&nbsp;fourth-quarter results</a>.</li>
<li>MercadoLibre, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>) stock rocketed 28.37%.</li>
<li>Shopify Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NYSE">SHOP</a>) shares were up 27.33%. It posted a strong earnings report and several analysts&nbsp;<a href="https://www.benzinga.com//node/40268815" target="_blank" rel="noreferrer noopener">revised the price target</a>.</li>
<li>Starbucks Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) stock was up 25.91%. Chipotle Mexican Grill, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) CEO and Chairman Brian Niccol was named Starbucks' new Chairman and <a href="https://www.benzinga.com//node/40338228" target="_blank" rel="noreferrer noopener">Chief Executive Officer, effective September 9</a>.</li>
</ol>
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Affirm, Shopify And Starbucks Were Among Top 10 Large Cap Best Performers For August: Are The Others In Your Portfolio?

AILE

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Shares of software companies are trading lower amid overall market weakness. Weakness may be due to August's ISM Manufacturing PMI data indicating an economic contraction.

These ten large-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol>
<li>Affirm Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFRM#NASDAQ">AFRM</a>) shares escalated 36.04% following strong&nbsp;fourth-quarter&nbsp;earnings and <a href="https://www.benzinga.com//node/40613433" target="_blank" rel="noreferrer noopener">upbeat&nbsp;first-quarter&nbsp;guidance</a>. Several analysts raised <a href="https://www.benzinga.com//node/40630056" target="_blank" rel="noreferrer noopener">the price forecasts on the stock</a>.</li>
<li>Nutanix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTNX#NASDAQ">NTNX</a>) stock jumped 18.80% after the company reported fourth-quarter&nbsp;financial results and issued&nbsp;first-quarter&nbsp;and FY25 <a href="https://www.benzinga.com//node/40614905" target="_blank" rel="noreferrer noopener">revenue&nbsp;guidance&nbsp;above estimates</a>. Many analysts <a href="https://www.benzinga.com//node/40626089" target="_blank" rel="noreferrer noopener">boosted the stock&#8217;s price target</a>.</li>
<li>Mongodb Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>) stock gained 16.32% in the last week on better-than-expected Q2 financial results and issued strong guidance. Several analysts bumped <a href="https://www.benzinga.com/quote/MDB/analyst-ratings" target="_blank" rel="noreferrer noopener">the price forecasts on the stock</a>.</li>
<li>Best Buy Co., Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>) stock increased 13.54% after it reported second-quarter results and raised its <a href="https://www.benzinga.com//node/40624075" target="_blank" rel="noreferrer noopener">FY25 earnings&nbsp;guidance</a>. Several analysts boosted their <a href="https://www.benzinga.com//node/40651188" target="_blank" rel="noreferrer noopener">forecasts on the stock</a>.</li>
<li>GE Vernova Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>) upped 11.62% in the last week after William Blair initiated coverage on the stock <a href="https://www.benzinga.com/quote/GEV/analyst-ratings" target="_blank" rel="noreferrer noopener">with an Outperform rating</a>.</li>
<li>Trip.com Group Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCOM#NASDAQ">TCOM</a>) stock upped 11.42% after the company<a href="https://www.benzinga.com//node/40564652" target="_blank" rel="noreferrer noopener"> reported quarterly results</a>.</li>
<li>The Cooper Companies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COO#NASDAQ">COO</a>) shares were up 11.30% after the company reported third-quarter results and issued&nbsp;above-estimates<a href="https://www.benzinga.com//node/40611992" target="_blank" rel="noreferrer noopener"> fourth-quarter&nbsp;and FY25&nbsp;guidance</a>.&nbsp;Several analysts<a href="https://www.benzinga.com/quote/COO/analyst-ratings" target="_blank" rel="noreferrer noopener"> upped the price target</a>.</li>
<li>Insulet Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PODD#NASDAQ">PODD</a>) shares upped 9.94% after the company recently announced its Omnipod is now indicated for use by people <a href="https://www.benzinga.com//node/40562757" target="_blank" rel="noreferrer noopener">with type 2 diabetes in the US</a>.</li>
<li>Veeva Systems Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VEEV#NYSE">VEEV</a>) shares were up 8.44% after the company reported&nbsp;financial results and issued&nbsp;third-quarter&nbsp;and FY25 adjusted <a href="https://www.benzinga.com//node/40611557" target="_blank" rel="noreferrer noopener">EPS&nbsp;guidance&nbsp;above estimates</a>. Several analysts bumped the <a href="https://www.benzinga.com/quote/veev/analyst-ratings" target="_blank" rel="noreferrer noopener">price target on the company</a>.</li>
<li>Aspen Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZPN#NASDAQ">AZPN</a>) shares were up 8.12%.</li>
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Affirm, Mongodb And Best Buy Are Among Top 10 Large Cap Gainers Last Week (Aug 25-Aug 31): Are The Others In Your Portfolio?

CrowdStrike Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/crwd#NASDAQ">CRWD</a>) reported non-GAAP earnings of $1.04 per share in the second quarter of fiscal 2025, which surpassed the Zacks Consensus Estimate of 98 cents and came ahead of management&#39;s guidance of 98-99 cents. CRWD reported non-GAAP earnings of 74 cents in the year-ago quarter. The robust bottom-line performance was mainly driven by higher revenues and better cost management.
CrowdStrike&#39;s fiscal second-quarter revenues of $963.9 million rose 32% year over year and surpassed the consensus mark of $958.58 million. The top line was also higher than the company&#39;s guidance of $958.3-$961.2 million. The strong adoption of the Falcon platform and better sales execution mainly aided top-line growth in the fiscal second quarter.
Strong adoption of the Falcon platform can be attributable to its ability to consolidate cybersecurity functions at scale, meeting the market&#39;s demand for a unified AI-powered solution. The expansion of available modules has enhanced the platform&#39;s value, leading to increased adoption, particularly in cloud, Identity and Falcon Next-Gen SIEM modules.
Despite the strong second-quarter performance, CrowdStrike lowered guidance for fiscal 2025 due to several factors, including an extended sales cycle and planned delay in the vast majority of outbound pipeline generation activities for a few weeks following the July 19 incident.
The stock has plunged 23% since the global IT outage incident on July 19, underperforming the Zacks Internet &ndash; Software industry&#39;s growth of 4.6%. Given the company&#39;s lowered guidance for fiscal 2025, we expect CrowdStrike&#39;s share price to be under pressure in the near term.
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<h3>CrowdStrike Price, Consensus and EPS Surprise</h3>
<h2><img alt="CrowdStrike Price, Consensus and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/8f/1724933222.png" style="height:277px; width:610px" title="" /></h2>
CrowdStrike price-consensus-eps-surprise-chart | CrowdStrike Quote
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<h2>Top-Line Details of CRWD</h2>
Subscription revenues (95.3% of the total revenues) jumped 33% year over year to $918.3 million. Professional services revenues (4.7% of the total revenues) rose 9.5% year over year to $45.6 million.
As of July 31, 2024, annual recurring revenues&nbsp;were $3.86 billion, up 32% year over year. The company added $217.6 million to its net new ARR in the reported quarter.
CrowdStrike&#39;s subscription customers, who adopted five or more cloud modules, represented 65% of the total subscription customers, those with six or more cloud modules accounted for 45% and those with seven or more cloud modules represented 29% as of July 31, 2024.
<h2>CRWD&#39;s Operating Details</h2>
CrowdStrike&#39;s non-GAAP gross profit increased 33% to $756 million in the fiscal second quarter from $568.2 million in the year-ago quarter. The non-GAAP gross margin remained flat at 78%. The strong gross margin performance was primarily driven by the company&#39;s ability to command stable pricing, supported by the exceptional customer value delivered by its Falcon platform, as well as its continued investments in data center and workload optimization.
The non-GAAP subscription gross profit soared 34.5% year over year to $740.5 million, while the gross margin increased 100 bps to 81% on a year-over-year basis. The non-GAAP professional gross profit declined 13% to $15.5 million, while the gross margin fell 900 bps to 34% on a year-over-year basis.
CrowdStrike&#39;s total non-GAAP operating expenses increased 23% to $529.2 million from $412.5 million reported in the year-ago quarter. However, as a percentage of revenues, non-GAAP operating expenses declined to 55% from 56% in the year-ago quarter.
Non-GAAP sales and marketing (S&amp;M) expenses jumped 27.4% year over year to $294.3 million. Non-GAAP research and development (R&amp;D) expenses climbed 31.4% year over year to $174 million. Non-GAAP general and administrative (G&amp;A) expenses increased 24% year over year to $61 million. As a percentage of revenues, S&amp;M and G&amp;A expenses contracted by 100 bps each while R&amp;D expenses remained flat at 18%.
The non-GAAP operating income jumped 46% to $226.8 million, mainly driven by higher revenues. The non-GAAP operating margin for the quarter improved 300 bps year over year to 24%, which benefited from a higher gross margin and lower operating expenses as a percentage of revenues.
<h2>CRWD&#39;s Balance Sheet &amp; Cash Flow</h2>
As of July 31, 2024, cash and cash equivalents were $4.04 billion. CrowdStrike had a long-term debt of $743.2 million.
In the fiscal second quarter, CRWD generated operating and free cash flows of $327 million and $272 million, respectively.
<h2>CrowdStrike&#39;s Q3 and FY25 Guidance</h2>
CrowdStrike initiated guidance for the fiscal third quarter and revised the projections for fiscal 2025. For the fiscal third quarter, CrowdStrike anticipates revenues between $979.2 million and $984.7 million. The non-GAAP operating income is expected in the band of $166.7-$170.8 million. Non-GAAP net income is forecasted in the range of $201.2-$205.2 million. The company expects non-GAAP earnings per share in the band of 80-81 cents. The consensus mark for fiscal third-quarter revenues and non-GAAP earnings is pegged at $958.6 million and 98 cents per share, respectively.
For fiscal 2025, CRWD now expects revenues between $3,890 million and $3,902.2 million, down from the previously projected range of $3,976.3-$4,010.7 million. The updated non-GAAP operating income for fiscal 2025 is now projected in the band of $774.7-$783.9 million compared with the previously guided range of $890.1-$916.5 million.
The company now expects non-GAAP net income in the range of $908.8-$918.0 million compared with the previous guidance of $985.6-$1,012 million. Non-GAAP earnings are now anticipated in the band of $3.61-$3.65, down from the previous guidance range of $3.93-$4.03. The consensus mark for fiscal 2025 revenues and non-GAAP earnings is pegged at $3.97 billion and $3.92 cents per share, respectively.
<h2>Zacks Rank &amp; Stocks to Consider</h2>
CRWD currently carries a Zacks Rank #5 (Strong Sell).
Some better-ranked stocks in the broader technology sector are Aspen Technology (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/azpn#NASDAQ">AZPN</a>), Celestica (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cls#NYSE">CLS</a>) and Arista Networks, each sporting a Zacks Rank #1 (Strong Buy) at present.
The consensus mark for Aspen&#39;s 2025 earnings has been revised upward by 70 cents to $7.43 per share over the past 30 days, indicating a 12.8% year-over-year increase. It has a long-term earnings growth expectation of 13.1%. The stock has lost 2.7% year to date.
The Zacks Consensus Estimate for Celestica&#39;s 2024 earnings has been revised upward by 33 cents to $3.65 per share in the past 60 days, suggesting year-over-year growth of 50.2%. Shares of Celestica have surged 72% year to date.
The Zacks Consensus Estimate for Arista&#39;s 2024 earnings has been revised upward by 30 cents to $8.24 per share in the past 30 days, indicating an increase of 18.73% on a year-over-year basis. Shares of ANET have jumped 46.7% year to date. It has a long-term earnings growth expectation of 17.2%.
<a href="https://www.zacks.com/stock/news/2328914/crwd-q2-earnings-beat-will-weak-fy25-guidance-drag-down-shares?cid=CS-BENZ-FT-analyst_blog|earnings_article-2328914">To read this article on Zacks.com click here.</a>

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