PTC (NASDAQ:PTC) Price Target Raised to $155.00 at Citigroup

PTC (NASDAQ:PTC) had its target price boosted by analysts at Citigroup from $146.00 to $155.00 in a research note issued on Friday,Benzinga reports. The brokerage presently has a “neutral” rating on the technology company’s stock. Citigroup’s target price would suggest a potential upside of 5.69% from the company’s current price.

A number of other brokerages have also issued reports on PTC. Mizuho reduced their target price on PTC from $180.00 to $160.00 and set a “neutral” rating for the company in a research note on Monday, March 23rd. JPMorgan Chase & Co. lowered PTC from a “neutral” rating to an “underweight” rating and reduced their target price for the stock from $205.00 to $162.00 in a research note on Monday, February 2nd. Wall Street Zen upgraded PTC from a “hold” rating to a “buy” rating in a research note on Saturday, April 18th. Oppenheimer reduced their target price on PTC from $240.00 to $200.00 and set an “outperform” rating for the company in a research note on Wednesday, January 28th. Finally, KeyCorp reduced their target price on PTC from $210.00 to $195.00 and set an “overweight” rating for the company in a research note on Tuesday, March 17th. Ten equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $177.23.

PTC Stock Down 0.7%

Shares of PTC traded down $1.00 during midday trading on Friday, hitting $146.65. 1,218,476 shares of the company’s stock traded hands, compared to its average volume of 1,199,899. PTC has a 1 year low of $130.89 and a 1 year high of $219.69. The firm’s fifty day moving average is $146.29 and its 200-day moving average is $163.60. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.31. The stock has a market capitalization of $17.45 billion, a price-to-earnings ratio of 13.99, a price-to-earnings-growth ratio of 2.38 and a beta of 0.98.

PTC (NASDAQ:PTC) last issued its quarterly earnings data on Wednesday, May 6th. The technology company reported $2.69 EPS for the quarter, beating the consensus estimate of $2.06 by $0.63. PTC had a return on equity of 26.07% and a net margin of 41.81%.The firm had revenue of $774.30 million during the quarter, compared to analyst estimates of $712.40 million. During the same quarter in the prior year, the business posted $1.79 EPS. The business’s revenue for the quarter was up 21.7% compared to the same quarter last year. PTC has set its FY 2026 guidance at 6.650-8.900 EPS and its Q3 2026 guidance at 1.240-1.780 EPS. As a group, sell-side analysts anticipate that PTC will post 6.13 earnings per share for the current year.

Insiders Place Their Bets

In other PTC news, EVP Staats Aaron C. Von sold 240 shares of the stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $161.10, for a total transaction of $38,664.00. Following the sale, the executive vice president directly owned 22,221 shares of the company’s stock, valued at approximately $3,579,803.10. This trade represents a 1.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Corinna Lathan sold 675 shares of the stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $157.24, for a total value of $106,137.00. Following the sale, the director directly owned 8,429 shares in the company, valued at $1,325,375.96. This represents a 7.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.29% of the company’s stock.

Institutional Investors Weigh In On PTC

Institutional investors have recently modified their holdings of the business. Elyxium Wealth LLC acquired a new stake in shares of PTC during the 4th quarter valued at about $27,000. Palladiem LLC acquired a new stake in shares of PTC during the 4th quarter valued at about $28,000. DV Equities LLC acquired a new stake in shares of PTC during the 4th quarter valued at about $29,000. Root Financial Partners LLC acquired a new stake in shares of PTC during the 3rd quarter valued at about $30,000. Finally, Board of the Pension Protection Fund acquired a new stake in shares of PTC during the 4th quarter valued at about $35,000. 95.14% of the stock is currently owned by institutional investors and hedge funds.

More PTC News

Here are the key news stories impacting PTC this week:

• Positive Sentiment: PTC beat Wall Street expectations with Q2 adjusted EPS of $2.69 and revenue of $774.3 million, both ahead of estimates, signaling stronger-than-expected execution. PTC earnings report
• Positive Sentiment: The company raised full-year fiscal 2026 guidance for revenue and non-GAAP EPS, which suggests management sees momentum continuing into the rest of the year. Reuters article
• Positive Sentiment: Investors also reacted to strong ARR growth, better cash generation, and a large share repurchase plan, all of which point to improving fundamentals and shareholder returns. Quiver Quantitative article
• Positive Sentiment: Analyst and market commentary today has been focused on PTC beating estimates and benefiting from AI-related demand trends, reinforcing the bullish reaction. Zacks article
• Neutral Sentiment: Some recent institutional filings show mixed ownership trends, with several funds adding to PTC while others trimmed positions. Fund update
• Negative Sentiment: One offsetting caution is that insider selling has been persistent over recent months, which may keep some investors guarded despite the strong earnings beat. Quiver Quantitative article

PTC Company Profile

PTC Inc (NASDAQ: PTC) is a global technology company that develops software and services to help manufacturers design, operate, and service physical products. Founded in 1985 as Parametric Technology Corporation, PTC pioneered parametric, feature-based CAD with its Pro/ENGINEER product (now marketed as Creo) and has since expanded its portfolio to address product lifecycle management, Internet of Things (IoT), augmented reality (AR) and industrial connectivity.

Key product lines include Creo for 3D CAD; Windchill for product lifecycle management (PLM); ThingWorx, an IoT platform for connecting devices and building industrial applications; Vuforia, an AR platform for creating immersive service and training experiences; and Kepware, a suite for industrial connectivity and protocol translation.