Roper Technologies, Inc. (ROP)
NASDAQ: ROP · IEX Real-Time Price · USD
546.37
+4.48 (0.83%)
May 20, 2024, 4:00 PM EDT - Market closed
Roper Technologies Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Roper Technologies stock have an average target of 588.5, with a low estimate of 530 and a high estimate of 680. The average target predicts an increase of 7.71% from the current stock price of 546.37.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for ROP stock from 10 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 8 | 6 | 6 | 5 | 5 | 4 |
| Hold | 4 | 4 | 4 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 14 | 14 | 11 | 11 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Maintains $650 | Buy | Maintains | $650 | +18.97% | Apr 29, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $696 → $680 | Buy | Maintains | $696 → $680 | +24.46% | Apr 29, 2024 |
| Mizuho | Mizuho | Hold Maintains $525 → $530 | Hold | Maintains | $525 → $530 | -3.00% | Apr 29, 2024 |
| Barclays | Barclays | Buy Maintains $596 → $600 | Buy | Maintains | $596 → $600 | +9.82% | Apr 2, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $580 → $650 | Buy | Maintains | $580 → $650 | +18.97% | Mar 22, 2024 |
Financial Forecast
Revenue This Year
6.98B
from 6.18B
Increased by 12.92%
Revenue Next Year
7.50B
from 6.98B
Increased by 7.48%
EPS This Year
18.45
from 12.89
Increased by 43.10%
EPS Next Year
20.15
from 18.45
Increased by 9.23%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.6B | 8.7B | 9.9B |
| Avg | 7.0B | 7.5B | 8.4B |
| Low | 6.6B | 6.9B | 7.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 22.6% | 24.9% | 31.9% |
| Avg | 12.9% | 7.5% | 11.5% |
| Low | 6.8% | -0.9% | -0.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 21.28 | 25.02 | 28.91 | 29.95 | 34.57 |
| Avg | 18.45 | 20.15 | 23.50 | 28.81 | 33.25 |
| Low | 17.56 | 18.67 | 20.47 | 27.95 | 32.26 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 65.1% | 35.6% | 43.5% | 27.4% | 20.0% |
| Avg | 43.1% | 9.2% | 16.6% | 22.6% | 15.4% |
| Low | 36.2% | 1.2% | 1.6% | 18.9% | 12.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.