Research memoRoper Technologies, Inc. (ROP) · NASDAQMemo of October 23, 2026By Olivier Lachance

Roper stock forecast 2027–2029

MyStockButler's October 2026 analysis: Roper’s weighted forecast reaches $514.27 by October 2029, with the bear case carrying 27% probability, base 58% and bull 15%. It hinges on organic growth, acquisition returns and cash flow per share that supports its debt burden.

436.23
Share price today, USD
514.27 (+21%)
Weighted scenario, October 2029
5.4%
Real free cash flow yield
19.5x
P/E, next 12 months
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Every number traced to Roper's filings8 chapters · 21,705 words200 sources cited

Where could Roper’s shares go?

Roper’s October 2029 price could range from $298.61 to $777.03, hinging on organic growth, acquisition returns and cash flow per share that supports its debt burden. The starting price is $436.23.

The weighted forecast reaches $440.87 by October 2027, a 2% return including dividends. By October 2029, it reaches $514.27, a 21% return. The bear case carries 27% probability; base and bull carry 58% and 15%.

Roper share price scenarios for October 2029: bear $298.61, base $546.70, bull $777.03
What the shares could be worthUSD per share at each date; in brackets the return since today's 436.23, dividends included
CaseProbabilityOctober 2027October 2028October 2029
Bear27%325.08 (-25%)303.40 (-29%)298.61 (-29%)
Base58%464.66 (+7%)503.25 (+17%)546.70 (+28%)
Bull15%557.30 (+29%)658.39 (+53%)777.03 (+81%)
Weighted100%440.87 (+2%)472.56 (+10%)514.27 (+21%)

What has to go right for Roper, and what could go wrong?

Q4 2026 tests whether the pump sale closes, expected cash arrives, collections recover and annual guidance holds. From April 1, 2028, Costpoint cloud migration must show customer conversions and customers staying through the end of new on-premises features and updates. Across 2027–2028, AI bookings must become repeat paid usage, while acquisitions produce cash flow per share and leverage falls.

How much cash does Roper really make?

Stock compensation complicates the picture. Roper recorded $166.3 million of stock compensation in 2025. It does not leave the company as immediate cash, but it gives employees an economic claim on the company and can dilute shareholders. Subtracting it produces analytical “real free cash flow” of roughly $2.3 billion.

Follow the money: real free cash flowUS$ millions
20252024202320222021
Cash from operations2,540.32,393.22,037.4606.61,655.8
− Capital spending47.466.068.040.128.5
= Free cash flow2,492.92,327.21,969.4566.51,627.3
− Stock pay166.3145.9123.5118.5123.0
= Real free cash flow2,326.62,181.31,845.9448.01,504.3

What does an investor pay for Roper today?

Free cash flow is a better starting point for valuation because it measures cash remaining after operating needs and capital spending. But Roper can use that cash to repay debt, buy companies, repurchase shares or pay dividends, so it is financial capacity rather than cash shareholders can always withdraw.

What an investor pays todayUS$ millions
Today (Oct 23, 2026)
Share price436.23
Market value (calculated)43,186.8
Enterprise value (calculated)52,595.5
P/E, last 12 months (calculated)17.2x
Free cash flow yield (calculated)5.8%
Real free cash flow yield (calculated)5.4%
From the full memo · 1. The business

Roper Technologies owns companies that help organisations run specialised work, from law-firm billing and freight matching to hospital equipment and utility meters. Its business is easiest to understand by following what those companies sell, who pays, and how a dollar moves from customer demand through delivery to profit.

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Where these numbers come from

More on Roper

Roper dividendRoper earningsAuf Deutsch

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