Roper Technologies, Inc. (NASDAQ: ROP) is a diversified technology company that provides software and engineered products for various industries. The company operates in segments like Application Software, Network Software & Systems, and Measurement & Analytical Solutions. Roper's focus on software and technology-enabled products has positioned it as a leader in its field, competing with other tech giants in the industry.
On October 23, 2025, Oppenheimer upgraded Roper Technologies to "Outperform," with the stock priced at approximately $480.34. Despite lowering the price target from $640 to $570, this adjustment reflects confidence in Roper's potential for growth. The company's strong third-quarter performance supports this outlook, with adjusted earnings per share rising by 11% to $5.14, surpassing the Zacks Consensus Estimate of $5.11.
Roper Technologies reported a 14% year-over-year increase in revenues, reaching $2.02 billion. This growth was driven by a significant 8% contribution from acquisitions and a 6% rise in organic revenue. The Application Software segment was a major contributor, generating $1.16 billion and accounting for 57.4% of the total revenue. This highlights Roper's strategic focus on software, which is crucial for its future growth.
The company also announced a substantial $3 billion share repurchase program, indicating strong financial health and confidence in its future prospects. Roper's operating cash flow increased by 15% to $870 million, and free cash flow rose by 17% to $842 million. These figures underscore the company's robust cash generation capabilities, which support its growth initiatives and shareholder returns.
Despite a slight miss on the Zacks Consensus revenue estimate by 0.01%, Roper has consistently surpassed consensus EPS estimates over the past four quarters. The company's market capitalization stands at approximately $51.65 billion, with a current stock price of $479.96. This reflects a decrease of 5.70% or $28.99, with the stock fluctuating between a low of $456.99 and a high of $481.48 today.
