Roper Technologies is a software-driven industrial holding company with a perfect four-quarter earnings beat streak, 127% free-cash-flow-to-net-income conversion, and 21% analyst upside, currently in a technical downtrend from a death cross that may offer a patient accumulation window for investors in a proven compounder.
Thesis pillars
- Perfect Earnings Beat Streak Software→Stable
- Superior Free Cash Flow Conversion↓Deteriorating
- Sole Source Supplier Supply Chain↓Deteriorating
- +1 more pillar — see the Why tab for full reasoning
Roper Technologies, Inc. (ROP) Stock Analysis
Momentum Cont setup
Technology · Software - Application
Wait for pullback to $344.08. At $384.67 the A.R:R is 0.2:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $344.08 (Ma50 Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Supplier: sole source suppliers; Analyst target reached - limited upside remaining.
Roper Technologies designs and develops vertical software and technology-enabled products across three segments: Application Software (57% of 2025 net revenues, $4.48 billion), Network Software (20%, $1.60 billion), and Technology Enabled Products (23%, $1.82 billion). The... Read more
Wait for pullback to $344.08. At $384.67 the A.R:R is 0.2:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $344.08 (Ma50 Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Supplier: sole source suppliers; Analyst target reached - limited upside remaining. Chart setup: Trend continuation, RSI 59, MACD bullish. Maintain position. Not compelling to add more. | News modifier +1 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Score 6.2/10, moderate confidence.
Passes 5/8 gates (positive momentum, clean insider activity, earnings proximity 84d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.
About Roper Technologies, Inc.
About Roper Technologies, Inc.
Roper Technologies split $7.9 billion in 2025 net revenues across three segments — Application Software at 56.7% ($4.48 billion), Technology Enabled Products at 23.0% ($1.82 billion), and Network Software at 20.3% ($1.60 billion) — with no single customer accounting for 10% or more of any segment or total net revenues. The company employed approximately 19,400 people worldwide at December 31, 2025 and deployed roughly $8.96 billion toward acquisitions over the past three years, including CentralReach (ABA therapy SaaS) for about $1.85 billion in 2025 and Subsplash (faith-based SaaS) for about $800 million.
Roper earns recurring software subscription and maintenance revenue across niche end markets including law firms (Aderant, Deltek), healthcare (Clinisys, Data Innovations, Strata, MHA), K-12 education (Frontline), commercial freight matching (DAT), property and casualty insurance (Vertafore), and faith-based organizations (Subsplash). The Technology Enabled Products segment — covering medical devices (Verathon, CIVCO Medical Solutions), precision measurement (Northern Digital), and water metering (Neptune) — adds hardware revenue with recurring software components. Distribution occurs primarily through direct sales offices, manufacturers' representatives, resellers, and distributors. Roper faces no single competitor across a significant number of product lines, competing on product quality, applications expertise, and customer service in each niche. Total remaining performance obligations stood at $5.2 billion at December 31, 2025, up from $4.75 billion in 2024.
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Roper's Technology Enabled Products segment carries sole-source component risk: the 10-K acknowledges that for certain products, transitioning to alternative suppliers would require significant time, redesign, and capital investment, or may not be feasible. A separate exposure sits in the SaaS portfolio — Application Software and Network Software rely on cloud platforms including Amazon Web Services, Google Cloud Platform, Microsoft Azure, and Oracle Cloud, and the filing notes that concentration with a limited number of providers increases exposure to outages and pricing changes. These dual dependencies are distinct: the hardware sole-source risk is product-specific, while the cloud-platform exposure cuts across the entire software business.
See also: Technology · Software - Application
From Roper Technologies, Inc.'s most recent 10-K filing, extracted June 11, 2026.
Recent developments
updated 2026-07-30Recent Developments — Roper Technologies, Inc.
Latest news
- NEWS SEB Asset Management AB Acquires Shares of 21,533 Roper Technologies, Inc. $ROP - MarketBeat — MarketBeat neutral
- NEWS Truist reiterates Buy on Roper Industries stock ahead of earnings - Investing.com — Investing.com positive
- NEWS Truist reiterates Buy on Roper Industries stock ahead of earnings By Investing.com - Investing.com Canada — Investing.com Canada positive
- NEWS Oakmark Fund Picks Roper Technologies (ROP) on Varied Growth Drivers - Yahoo Finance — Yahoo Finance positive
- NEWS ETFs Investing in Roper Technologies, Inc. Stocks - TradingView — TradingView neutral
Generated 2026-07-30T22:23:47Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHSuppliersole source suppliers10-K Item 1A: 'some of our products are provided by sole source suppliers and our SaaS offerings are increasingly reliant on a limited number of third-party cloud computing platforms'
- MEDIUMSupplierAmazon Web Services, Google Cloud Platform, Microsoft Azure, Oracle Cloud10-K Item 1A: 'cloud platforms, such as Amazon Web Services, Google Cloud Platform, Microsoft Azure, and Oracle Cloud...concentration with a limited number of providers increases exposure'
Material Events(8-K, last 90d)
- 2026-05-19Item 5.02LOWShareholders approved amendment to the 2021 Incentive Plan at May 19, 2026 annual meeting in Sarasota, Florida; amended plan authorizes 14.15 million new shares for equity compensation awards.SEC filing →
- 2026-04-01Item 1.01LOWOn March 30, 2026, Roper entered a new five-year $3.50 billion unsecured revolving credit facility replacing the July 2022 facility; JPMorgan Chase Bank, N.A. is administrative agent; $1.00 billion accordion option included.SEC filing →
- 2026-04-01Item 1.02MEDIUMTermination of existing $3.50 billion unsecured credit facility dated July 21, 2022, upon entry into replacement credit facility on March 30, 2026.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
1 floor-breaker
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Wait for pullback to $344.08. At $384.67 the A.R:R is 0.2:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $344.08 (Ma50 Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Supplier: sole source suppliers; Analyst target reached - limited upside remaining. Chart setup: Trend continuation, RSI 59, MACD bullish. Maintain position. Not compelling to add more. | News modifier +1 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Target $395.21 (+2.7%), stop $311.08 (−23.7%), A.R:R 0.2:1. Score 6.2/10, moderate confidence.
Take-profit target: $395.21 (+2.5% upside). Target $395.21 (+2.7%), stop $311.08 (−23.7%), A.R:R 0.2:1. Stop-loss: $311.08.
Concentration risk — Supplier: sole source suppliers; Analyst target reached - limited upside remaining.
Roper Technologies, Inc. trades at a P/E of 16.3 (forward 16.8). TrendMatrix value score: 5.7/10. Verdict: Buy (Wait for Entry).
25 analysts cover ROP with a consensus score of 3.6/5. Average price target: $439.
What does Roper Technologies, Inc. do?Roper Technologies designs and develops vertical software and technology-enabled products across three segments:...
Roper Technologies designs and develops vertical software and technology-enabled products across three segments: Application Software (57% of 2025 net revenues, $4.48 billion), Network Software (20%, $1.60 billion), and Technology Enabled Products (23%, $1.82 billion). The company serves defensible niche markets including legal, healthcare, K-12 education, and construction, employing approximately 19,400 people worldwide.