With a market cap of $62.2 billion, Roper Technologies, Inc. (ROP) is a diversified technology company that provides vertical software and technology-enabled products worldwide. It operates through three segments: Application Software; Network Software; and Technology Enabled Products.

Shares of the Sarasota, Florida-based company have underperformed the broader market over the past 52 weeks. ROP stock has risen 5.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 11.9%. However, shares of Roper Technologies are up 11.2% on a YTD basis, outpacing SPX's 1% gain.

In addition, the industrial equipment maker has lagged behind the Technology Select Sector SPDR Fund's (XLK) nearly 8% return over the past 52 weeks. 

Despite Roper Technologies reporting better-than-expected Q1 2025 adjusted EPS of $4.78, shares fell over 1% on Apr. 28. Gross margin declined to 68.7%, and adjusted EBITDA margin dropped 90 basis points to 39.3%, raising investor concerns. Additionally, weaker-than-expected revenues in the Technology Enabled Products segment and a minimal growth in Network Software likely tempered enthusiasm despite the raised full-year guidance.

For the current fiscal year, ending in December 2025, analysts expect ROP's adjusted EPS to grow 8.7% year-over-year to $19.91. The company's earnings surprise history is promising. It beat the consensus estimates in the last four quarters.

Among the 16 analysts covering the stock, the consensus rating is a “Moderate Buy.” That’s based on nine “Strong Buy” ratings, one “Moderate Buy,” five “Holds,” and one “Strong Sell.”

This configuration is more bullish than three months ago, with seven “Strong Buy” ratings on the stock.

On May 16, JPMorgan analyst Stephen Tusa raised Roper Technologies’ price target to $561 while maintaining a “Neutral” rating.

As of writing, ROP is trading below the mean price target of $638.62. The Street-high price target of $695 implies a potential upside of 20.2% from the current price levels.