PTC (NASDAQ:PTC) Issues FY 2026 Earnings Guidance

PTC (NASDAQ:PTC) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 7.870-8.420 for the period, compared to the consensus estimate of 7.720. The company issued revenue guidance of $2.7 billion-$3.8 billion, compared to the consensus revenue estimate of $2.7 billion. PTC also updated its Q4 2026 guidance to 1.630-2.210 EPS.

PTC Price Performance

Shares of NASDAQ:PTC traded down $2.86 during midday trading on Friday, reaching $133.44. 213,958 shares of the company’s stock traded hands, compared to its average volume of 1,436,092. The company has a fifty day simple moving average of $126.10 and a two-hundred day simple moving average of $141.92. PTC has a 1 year low of $108.50 and a 1 year high of $219.69. The company has a market cap of $15.41 billion, a P/E ratio of 12.91, a PEG ratio of 1.94 and a beta of 0.99. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.23 and a current ratio of 1.23.

PTC (NASDAQ:PTC) last issued its quarterly earnings results on Wednesday, July 29th. The technology company reported $1.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.01. The firm had revenue of $600.05 million for the quarter, compared to analyst estimates of $611.62 million. PTC had a return on equity of 24.69% and a net margin of 41.67%.The business’s revenue was down 6.8% on a year-over-year basis. During the same period in the previous year, the company posted $1.64 earnings per share. PTC has set its FY 2026 guidance at 7.870-8.420 EPS and its Q4 2026 guidance at 1.630-2.210 EPS. Equities analysts predict that PTC will post 6.35 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Robert W. Baird set a $198.00 target price on PTC in a research report on Thursday, May 7th. Piper Sandler lowered their price target on PTC from $175.00 to $157.00 and set a “neutral” rating for the company in a report on Thursday. Citigroup reissued a “neutral” rating on shares of PTC in a research report on Friday. BNP Paribas Exane began coverage on shares of PTC in a research report on Thursday, June 18th. They issued a “neutral” rating and a $130.00 target price on the stock. Finally, Wall Street Zen lowered shares of PTC from a “buy” rating to a “hold” rating in a research note on Saturday, June 27th. Seven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, PTC has a consensus rating of “Hold” and an average price target of $171.14.

Insider Activity

In other PTC news, CAO Alice Christenson sold 816 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $145.82, for a total transaction of $118,989.12. Following the completion of the sale, the chief accounting officer directly owned 1,265 shares of the company’s stock, valued at $184,462.30. This represents a 39.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.29% of the stock is currently owned by corporate insiders.

Key Headlines Impacting PTC

Here are the key news stories impacting PTC this week:

• Positive Sentiment: PTC reported constant-currency annual recurring revenue growth of 9.1%, excluding divested businesses, above the high end of its guidance range. Management highlighted continued demand for its Intelligent Product Lifecycle strategy and growing artificial-intelligence momentum. PTC Announces Third Fiscal Quarter 2026 Results
• Positive Sentiment: The company raised its fiscal 2026 outlook for recurring revenue, revenue and EPS while reaffirming cash-flow guidance. PTC also repurchased approximately $525 million of stock during the quarter and increased its fiscal-year buyback target to roughly $1.625 billion, supporting per-share results. PTC Raises ARR Outlook and Buyback Target
• Positive Sentiment: Analyst sentiment remains generally constructive: Rosenblatt reaffirmed a Buy rating with a $190 price target, while BMO raised its target to $164 and maintained an Outperform rating.
• Neutral Sentiment: PTC’s earnings call emphasized execution, AI adoption and long-term growth initiatives, but investors may need additional evidence that these initiatives can accelerate reported revenue growth.
• Negative Sentiment: Quarterly revenue of approximately $600 million declined 6.8% year over year and fell short of the roughly $612 million analyst consensus. Net income and reported diluted EPS also decreased from the prior-year period, making the results look weaker despite the raised outlook. PTC Fiscal Q3 Earnings Snapshot
• Negative Sentiment: Piper Sandler lowered its price target from $175 to $157 and shifted to a Neutral rating, reflecting concern about the sales miss and the gap between recurring-revenue growth and current revenue performance.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Empowered Funds LLC raised its stake in shares of PTC by 3.1% in the 1st quarter. Empowered Funds LLC now owns 2,498 shares of the technology company’s stock valued at $387,000 after acquiring an additional 75 shares during the period. Geneos Wealth Management Inc. boosted its position in PTC by 34.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 297 shares of the technology company’s stock worth $46,000 after purchasing an additional 76 shares during the period. EverSource Wealth Advisors LLC boosted its position in PTC by 68.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 705 shares of the technology company’s stock worth $121,000 after purchasing an additional 287 shares during the period. Cerity Partners LLC acquired a new stake in PTC in the 2nd quarter valued at $257,000. Finally, Alliancebernstein L.P. raised its position in PTC by 3.2% in the second quarter. Alliancebernstein L.P. now owns 132,962 shares of the technology company’s stock valued at $22,915,000 after purchasing an additional 4,176 shares during the period. Institutional investors and hedge funds own 95.14% of the company’s stock.

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.