PTC Inc. (NASDAQ:PTC) Given Average Recommendation of “Moderate Buy” by Analysts

PTC Inc. (NASDAQ:PTC) has been given a consensus recommendation of “Moderate Buy” by the sixteen analysts that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and ten have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $177.2308.

Several analysts have commented on PTC shares. Wall Street Zen upgraded shares of PTC from a “hold” rating to a “buy” rating in a research report on Saturday, April 18th. Robert W. Baird set a $198.00 target price on shares of PTC in a research report on Thursday. KeyCorp dropped their target price on shares of PTC from $210.00 to $195.00 and set an “overweight” rating for the company in a research report on Tuesday, March 17th. Rosenblatt Securities reiterated a “buy” rating and set a $190.00 target price on shares of PTC in a research report on Tuesday, May 5th. Finally, Barclays raised their target price on PTC from $180.00 to $185.00 and gave the stock an “overweight” rating in a report on Thursday.

Insider Transactions at PTC

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

Hedge Funds Weigh In On PTC

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. T. Rowe Price Investment Management Inc. boosted its holdings in PTC by 3.4% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 18,384,246 shares of the technology company’s stock worth $3,202,720,000 after buying an additional 602,858 shares during the last quarter. State Street Corp boosted its holdings in PTC by 5.6% during the fourth quarter. State Street Corp now owns 5,905,645 shares of the technology company’s stock worth $1,028,822,000 after buying an additional 312,000 shares during the last quarter. Geode Capital Management LLC boosted its holdings in PTC by 2.0% during the fourth quarter. Geode Capital Management LLC now owns 3,570,540 shares of the technology company’s stock worth $619,901,000 after buying an additional 71,181 shares during the last quarter. Janus Henderson Group PLC lifted its holdings in shares of PTC by 0.9% during the 4th quarter. Janus Henderson Group PLC now owns 3,518,792 shares of the technology company’s stock valued at $613,009,000 after purchasing an additional 32,508 shares in the last quarter. Finally, Pictet Asset Management Holding SA lifted its holdings in shares of PTC by 17.8% during the 1st quarter. Pictet Asset Management Holding SA now owns 3,505,930 shares of the technology company’s stock valued at $499,525,000 after purchasing an additional 529,208 shares in the last quarter. Institutional investors own 95.14% of the company’s stock.

Key Stories Impacting PTC

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 Price Performance

PTC stock opened at $146.65 on Monday. The business’s 50-day simple moving average is $146.29 and its 200 day simple moving average is $163.60. The stock has a market cap of $16.94 billion, a price-to-earnings ratio of 13.99, a P/E/G ratio of 2.22 and a beta of 0.98. PTC has a 12-month low of $130.89 and a 12-month high of $219.69. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 0.30.

PTC (NASDAQ:PTC) last posted its quarterly earnings results on Wednesday, May 6th. The technology company reported $2.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.06 by $0.63. The business had revenue of $774.30 million for the quarter, compared to analysts’ expectations of $712.40 million. PTC had a return on equity of 25.84% and a net margin of 41.81%.The firm’s quarterly revenue was up 21.7% compared to the same quarter last year. During the same quarter last year, the business earned $1.79 earnings per share. 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, research analysts anticipate that PTC will post 6.13 earnings per share for the current year.

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.