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Aspen Technology, Inc. - Common Stock (AZPN)

263.55
-0.95 (-0.36%)

Aspen Technology is a leading provider of software solutions designed to optimize asset performance and improve efficiency in manufacturing and production processes

The company focuses on industries such as oil and gas, chemicals, pharmaceuticals, and biotechnology, offering advanced analytics, artificial intelligence, and machine learning tools that help organizations achieve operational excellence. Aspen Technology's innovative software supports companies in maximizing their investments, minimizing environmental impact, and ensuring safety and reliability in their operations. Through its comprehensive suite of solutions, Aspen Technology empowers businesses to enhance productivity and drive sustainable growth.

SummaryNewsPress ReleasesChartHistoricalFAQ
Previous Close264.50
Open264.02
Bid263.01
Ask264.64
Day's Range263.25 - 264.60
52 Week Range171.25 - 265.05
Volume1,046,827
Market Cap17.68B
PE Ratio (TTM)65.72
EPS (TTM)4.0
Dividend & YieldN/A (N/A)
1 Month Average Volume638,356

News & Press Releases

SHAREHOLDER NOTICE: Halper Sadeh LLC Investigates LGTY, AZPN, RDW, QTRX on Behalf of Shareholders
NEW YORK, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
By Halper Sadeh LLC · Via GlobeNewswire · January 28, 2025
SHAREHOLDER NOTICE: Halper Sadeh LLC Investigates LGTY, AZPN, ENFN on Behalf of Shareholders
NEW YORK, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
By Halper Sadeh LLC · Via GlobeNewswire · January 28, 2025
Emerson To Acquire Remaining Aspen Tech Shares In $7.2B Deal: Retail Expresses Enthusiasmstocktwits.com
Emerson currently owns approximately 57% of Aspen Tech's outstanding shares of common stock following its 55% majority investment completed in 2022.
Via Stocktwits · January 27, 2025
ASPEN TECHNOLOGY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Aspen Technology, Inc. - AZPN
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Aspen Technology, Inc. (NasdaqGS: AZPN) to Emerson Electric Co. (NYSEEMR). Under the terms of the proposed transaction, shareholders of Aspen will receive $265.00 in cash for each share of Aspen that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
By Kahn Swick & Foti, LLC · Via Business Wire · January 27, 2025
What 5 Analyst Ratings Have To Say About Aspen Technologybenzinga.com
Via Benzinga · December 11, 2024
Aspen Technology Stock: A Deep Dive Into Analyst Perspectives (4 Ratings)benzinga.com
Via Benzinga · November 5, 2024
AZPN Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Aspen Technology, Inc. Is Fair to Shareholders
Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Aspen Technology, Inc. (NASDAQAZPN) to Emerson for $265.00 per share in cash is fair to Aspen shareholders.
By Halper Sadeh LLC · Via Business Wire · January 27, 2025
Shareholder Alert: Ademi & Fruchter LLP investigates whether Aspen Technology, Inc. is obtaining a Fair Price for its Public Shareholders
Ademi & Fruchter LLP is investigating AspenTech (NASDAQAZPN) for possible breaches of fiduciary duty and other violations of law in its transaction with Emerson.
By Ademi & Fruchter LLP · Via Business Wire · January 27, 2025
Emerson Electric To Buy Out AspenTech Minority Stake In $7.2 Billion Cash Dealbenzinga.com
Emerson Electric Company to acquire Aspen Technology shares not already owned by them in a $7.2 billion deal, valuing shares at $265 each. Deal expected to close in 2025.
Via Benzinga · January 27, 2025
Aspen Technology Announces Date of Second-Quarter Fiscal Year 2025 Financial Results Release, Conference Call and Webcast
Aspen Technology, Inc. (“AspenTech”) (NASDAQAZPN), a global leader in industrial software, today announced that it will release financial results for its second quarter fiscal year 2025, ended December 31, 2024, after the U.S. financial markets close on Tuesday, February 4, 2025.
By Aspen Technology, Inc. · Via Business Wire · January 14, 2025
The Analyst Landscape: 4 Takes On Aspen Technologybenzinga.com
Via Benzinga · September 19, 2024
Aspen Technology Helps Leading Energy Transmission Company in Latin America Deliver 99.99 Percent Power Reliability to Customers
Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced that Interconexión Eléctrica S.A. E.S.P. (ISA), the largest multi-country energy transmission company in Latin America, is using its Digital Grid Management (DGM) solutions to deliver 99.99% reliability across approximately 16,395 miles of circuit throughout the region. ISA and AspenTech are partnering to ensure power is accessible, secure and reliably available to populations in Colombia, Peru and Bolivia.
By Aspen Technology, Inc. · Via Business Wire · December 10, 2024
Aspen Technology Forms Special Committee to Evaluate Non-Binding Acquisition Proposal from Emerson
Aspen Technology, Inc. (NASDAQAZPN) (“AspenTech” or “the Company”), a global leader in industrial software, today announced that its Board of Directors has formed a special committee (the “Special Committee”) composed of three independent directors to consider the non-binding proposal from Emerson Electric Co. NYSE:EMRNYSEEMR)
By Aspen Technology, Inc. · Via Business Wire · November 20, 2024
Aspen Technology Chosen to Optimize Renewable Generation For Iceland’s Largest Power Producer
Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced a strategic partnership with Landsvirkjun, the largest power producer in Iceland. The utility will be implementing AspenTech OSI Digital Grid Management software that will enable it to enhance real-time control and optimize power generation, ensuring the secure and efficient management of its 18 plants across Iceland.
By Aspen Technology, Inc. · Via Business Wire · November 14, 2024
'Old Economy' Stocks Surge On AI-Fueled Earnings, Data Tailwindsinvestors.com
DuPont delivered its best earnings gain in 3 years amid AI technology ramps.
Via Investor's Business Daily · November 5, 2024
Aspen Technology Announces Receipt of Unsolicited Acquisition Proposal from Emerson
Aspen Technology, Inc. (NASDAQAZPN) (“AspenTech” or “the Company”), a global leader in industrial software, today announced that its Board of Directors received an unsolicited, non-binding proposal letter, dated November 5, 2024, from Emerson Electric Co. NYSE:EMRNYSEEMR)
By Aspen Technology, Inc. · Via Business Wire · November 5, 2024
Emerson Electric Gains On Q4 Earnings Beat And FY25 Growth Forecast: Eyes AspenTech Buyoutbenzinga.com
Emerson Electric reported strong Q4 FY24 results, with net sales up 13% and adjusted EPS beating expectations. FY25 outlook shows continued momentum and plans for shareholder returns.
Via Benzinga · November 5, 2024
Aspen Technology Announces Financial Results for the First Quarter of Fiscal 2025
Aspen Technology, Inc. (“AspenTech” or the “Company”) (NASDAQAZPN), a global leader in industrial software, today announced financial results for its first quarter in fiscal 2025, ended September 30, 2024.
By Aspen Technology, Inc. · Via Business Wire · November 4, 2024
Aspen Technology Announces Expansion of Digital Grid Management Suite with Acquisition of Open Grid Systems
Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced that it has entered into a definitive agreement to acquire Open Grid Systems Limited, a global provider of network model management technology and a pioneer in developing model-driven applications supporting open access to data through industry standards. With this acquisition, AspenTech’s Digital Grid Management (DGM) suite will offer utilities a comprehensive, fully integrated network model management solution to address the acceleration of new grid assets, such as renewable generation, with increased flexibility to manage and scale network model data both inside and outside the control room. The transaction is subject to receipt of customary regulatory approvals and is expected to close before the end of 2024.
By Aspen Technology, Inc. · Via Business Wire · November 4, 2024
Aspen Technology Announces Date of First-Quarter Fiscal Year 2025 Financial Results Release, Conference Call and Webcast
Aspen Technology, Inc. (AspenTech) (NASDAQAZPN), a global leader in industrial software, today announced that it will release financial results for its first quarter fiscal year 2025, ended September 30, 2024, after the U.S. financial markets close on Monday, November 4, 2024.
By Aspen Technology, Inc. · Via Business Wire · October 15, 2024
Aspen Technology Launches Microgrid Management System to Help Customers Address Power Reliability and Meet Net-Zero Goals
Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today introduced the AspenTech Microgrid Management System™ (MMS), a solution for customers with heavy electrical power requirements in refining, chemicals, mining and other asset-intensive industries that manage their own on-site conventional and renewable power generation in orchestration with active load management and energy storage. Based on the company’s proven AspenTech OSI monarch™ SCADA platform, the solution empowers customers to maximize operational performance and accelerate net-zero goals.
By Aspen Technology, Inc. · Via Business Wire · October 8, 2024
3 Mid-Cap Tech Stocks Primed To Outperform: Robinhood Markets, Aspen Technology, Vertivtalkmarkets.com
In an environment where technology continues to reshape industries and drive growth, mid-cap tech stocks may offer a unique opportunity for investors. Here are three such stocks that are poised to outperform the broader market.
Via Talk Markets · October 5, 2024
Robinhood To Rally Around 18%? Here Are 10 Top Analyst Forecasts For Thursdaybenzinga.com
Via Benzinga · September 19, 2024
Starbucks To Rally More Than 22%? Here Are 10 Top Analyst Forecasts For Wednesdaybenzinga.com
Via Benzinga · September 18, 2024
Aspen Technology Outlines Value Creation Strategy at 2024 Investor Day
Aspen Technology, Inc. (“AspenTech” or the “Company”) (NASDAQAZPN), a global leader in industrial software, held its 2024 Investor Day today, during which management provided updates on the Company’s strategic priorities, business growth drivers, product innovation, and financial outlook.
By Aspen Technology, Inc. · Via Business Wire · September 17, 2024