New York, Jan 28, 2026, 13:23 ET — Regular session
- Roper shares dipped further, following a sharp decline linked to its 2026 guidance just a day earlier
- The company reported weaker demand at Deltek, its government contracting software division
- Traders are focused on Washington’s Jan. 31 funding deadline and a fresh wave of broker calls
Roper Technologies shares slipped roughly 2% in early afternoon trading Wednesday, as the software company’s 2026 forecast missed Wall Street expectations, pushing the stock lower. 1
This move matters since Tuesday’s guidance reset thrust Deltek back into the spotlight. Investors are now trying to figure out if the hiccup is just a blip or signals a prolonged slowdown in spending by U.S. agencies and government contractors.
Washington now faces yet another funding deadline this weekend, a risk Roper has flagged as a possible headwind for Deltek’s business.
Roper on Tuesday projected 2026 revenue growth around 8%, with adjusted earnings per share expected between $21.30 and $21.55—both figures coming in under analyst forecasts, per LSEG data cited by Reuters. The company also issued first-quarter adjusted EPS guidance of $4.95 to $5.00, falling short of estimates. 2
The company flagged weaker demand at Deltek, with Reuters noting management’s caution that future U.S. government shutdowns could weigh on the unit. Deltek saw a slowdown in September as agencies paused operations ahead of the latest shutdown. 2
Roper disclosed its fourth-quarter figures in an SEC filing, showing revenue at $2.06 billion and adjusted diluted EPS of $5.21. The company’s “adjusted” numbers exclude certain items it considers distortions to its core performance. 3
CEO Neil Hunn described the outlook as a “more appropriate and balanced” perspective, following a string of disappointing quarters tied to Deltek uncertainty, Reuters reported. 2
Broker updates keep coming. Stifel’s Brad Reback dropped the stock from “Buy” to “Hold” and slashed his price target from $550 to $385, according to StreetInsider. 4
The next move could swing either way. Should Deltek demand hold steady and agencies steer clear of another halt in contracting, investors might overlook a revenue miss. But if government activity stumbles again or license sales falter, the company’s hopes for a second-half rebound will face serious doubt.
Traders are focused on Capitol Hill as U.S. funding is set to expire at 12:01 a.m. Eastern on Saturday, Jan. 31. Reuters flagged the risk of a partial government shutdown if Congress fails to pass new funding. 5
