Shares of PTC Inc. (NASDAQ:PTC – Get Free Report) have earned a consensus rating of “Moderate Buy” from the sixteen brokerages that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have issued a buy rating on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $177.2308.
A number of equities analysts recently issued reports on the stock. Rosenblatt Securities reissued a “buy” rating and issued a $190.00 price objective on shares of PTC in a report on Tuesday. KeyCorp dropped their price objective on shares of PTC from $210.00 to $195.00 and set an “overweight” rating on the stock in a report on Tuesday, March 17th. Mizuho dropped their price objective on shares of PTC from $180.00 to $160.00 and set a “neutral” rating on the stock in a report on Monday, March 23rd. Oppenheimer dropped their price objective on shares of PTC from $240.00 to $200.00 and set an “outperform” rating on the stock in a report on Wednesday, January 28th. Finally, Barclays raised their price objective on shares of PTC from $180.00 to $185.00 and gave the stock an “overweight” rating in a report on Thursday.
Check Out Our Latest Report on PTC
PTC Stock Performance
PTC (NASDAQ:PTC – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The technology company reported $2.69 EPS for the quarter, topping analysts’ consensus estimates of $2.06 by $0.63. PTC had a net margin of 41.81% and a return on equity of 25.84%. The firm had revenue of $774.30 million during the quarter, compared to analyst estimates of $712.40 million. During the same period in the previous year, the business posted $1.79 earnings per share. The business’s revenue for the quarter was up 21.7% on a year-over-year basis. 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, equities research analysts expect that PTC will post 6.13 earnings per share for the current year.
Insider Buying and Selling
In related news, Director Corinna Lathan sold 675 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $157.24, for a total value of $106,137.00. Following the transaction, the director owned 8,429 shares of the company’s stock, valued at approximately $1,325,375.96. This trade represents a 7.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Staats Aaron C. Von sold 240 shares of the firm’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $161.10, for a total transaction of $38,664.00. Following the completion of the transaction, the executive vice president directly owned 22,221 shares in the company, valued at approximately $3,579,803.10. The trade was a 1.07% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.29% of the company’s stock.
Hedge Funds Weigh In On PTC
Hedge funds have recently modified their holdings of the company. Elyxium Wealth LLC bought a new position in shares of PTC in the fourth quarter worth approximately $27,000. Palladiem LLC bought a new position in shares of PTC in the fourth quarter worth approximately $28,000. DV Equities LLC bought a new position in shares of PTC in the fourth quarter worth approximately $29,000. Root Financial Partners LLC bought a new position in shares of PTC in the third quarter worth approximately $30,000. Finally, SJS Investment Consulting Inc. boosted its position in shares of PTC by 2,257.1% in the third quarter. SJS Investment Consulting Inc. now owns 165 shares of the technology company’s stock worth $34,000 after purchasing an additional 158 shares during the period. 95.14% of the stock is currently owned by institutional investors.
Key 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
About PTC
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.
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