JP Morgan Raises Roper Technologies (ROP) Price Target to $490
Key Points
- JP Morgan's upgrade to Neutral comes with a new price target of $490, an increase from the previous target of $415.
- JP Morgan's $490 price target implies 11.84% upside from Roper Technologies, Inc.'s ($ROP) current $438.14 share price.
- The stock recently traded at about $438.14, which is below the analyst's new target but above its 50-day and 200-day moving averages.
- Roper Technologies has a market cap of approximately $43.3 billion and reported trailing twelve-month revenue of about $8.4 billion.
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On October 26, 2026, JP Morgan upgraded Roper Technologies, Inc. (ROP) to a Neutral rating and increased its price target to $490 from $415. This change reflects the firm's view on the company's potential moving forward. The stock closed at $437.73 on the same day.
JP Morgan's new target suggests a potential upside, though the stock is currently trading below this level. The recent price of $438.14 is about equal to the prior day's closing price. The stock is above its 50-day moving average by 13% and its 200-day moving average by 20%, indicating a strong trend.
ROP
Roper Technologies, Inc.
JP Morgan vs. the S&P 500
Hypothetical returns from JP Morgan's disclosed trades, not real profit or advice. How we model this.
Other Institutional Activity in Roper Technologies
Windacre Partnership LLC holds 8,630,200 shares of Roper Technologies, having increased its position by 1,132,198 shares. This stake is valued at approximately $3.78 billion. Dodge & Cox Inc. also increased its holdings, adding 3,716,871 shares to reach a total of 7,060,583 shares worth about $3.09 billion.
Roper Technologies, Inc. Stock Up 0.4%
The stock recently traded at around $438.14, which is below the new target price but significantly above its 52-week low of $305.96. This positioning suggests that while the stock has room to grow, it is also facing some resistance near its recent highs.
$ROP price target
Roper Technologies, Inc. daily closes and this analyst's $490 target. Not advice.
Recent Earnings
Roper Technologies reported trailing twelve-month revenue of approximately $8.4 billion, with a year-over-year revenue growth of 7.6%. The company has a net margin of 30.7%, indicating strong profitability, and is scheduled to release its next earnings report on January 26, 2027.
Insider Buying and Selling at Roper Technologies, Inc.
Since December 2025, insiders have made several transactions. Jason Conley, the Chief Financial Officer, sold 6,000 shares at an average price of $445.56 on December 1, 2025. Thomas Patrick Joyce Jr., a Director, bought 1,400 shares at $358.46 on February 6, 2026. Richard F. Wallman, another Director, sold 6,434 shares at $361.00 on July 24, 2026, while John K. Stipancich, an Officer, sold 2,000 shares at $379.05 on July 27, 2026.
Analysts Set New Price Targets
On October 26, 2026, JP Morgan upgraded Roper Technologies to a Neutral rating with a new price target of $490. This follows several other analysts maintaining their ratings on the stock, including Jefferies, Citigroup, and Truist Securities, who all have Buy ratings with targets ranging from $500 to $540. The consensus recommendation for Roper Technologies is a Buy, with a mean price target of about $457.29.
About Roper Technologies
Roper Technologies, Inc. designs and develops specialized software and technology-enabled products across various sectors. The company operates globally, providing solutions that enhance efficiency and effectiveness for its clients. This upgrade from JP Morgan reflects confidence in Roper's continued growth potential.
Bottom Line
Investors should keep an eye on Roper Technologies as it approaches its next earnings date on January 26, 2027. The recent upgrade by JP Morgan adds to the positive sentiment surrounding the stock, which continues to perform well above its moving averages.
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Source: JP Morgan's rating change on $ROP (Oct 26, 2026). Written by software, not financial advice. How we make alerts