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Research Alert: CFRA Maintains Hold Recommendation On Shares Of Roper Technologies Inc.

-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:

We trim our target price to $395 (from $408), based on a forward P/E of 18x our 2026 EPS view, which is below ROP's three-year average P/E. We raise our 2026 EPS projection to $21.95 from $21.49 and lift our 2027 EPS view to $23.40 from $22.92. ROP reported strong Q1 results, beating consensus on the top and bottom line. Revenue of $2.1B rose 11% (6% organic), led by sales growth acceleration in Application Software (+11.6% Y/Y), and strength in Network Software (+14% Y/Y). Adjusted EBITDA of $797M represented a margin of 38.1% (-120 bps Y/Y). Looking ahead, we note persistent headwinds in some areas (Deltek, freight market) and slower M&A pipeline activity, though we like the $1.5B share repurchase executed during the quarter, and see potential for higher EPS growth as large buybacks continue. Management raised full-year 2026 adjusted EPS guidance to $21.80-$22.05 (midpoint up 9% Y/Y), a $0.50 increase reflecting Q1 outperformance and share repurchase momentum.

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