PTC (NASDAQ:PTC) Updates Q4 2026 Earnings Guidance

PTC (NASDAQ:PTC) updated its fourth quarter 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.630-2.210 for the period, compared to the consensus estimate of 1.730. The company issued revenue guidance of $630.0 million-$690.0 million, compared to the consensus revenue estimate of $656.9 million. PTC also updated its FY 2026 guidance to 7.870-8.420 EPS.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on PTC shares. BMO Capital Markets boosted their price target on PTC from $155.00 to $164.00 and gave the stock an “outperform” rating in a research note on Thursday. BNP Paribas Exane assumed coverage on PTC in a research report on Thursday, June 18th. They issued a “neutral” rating and a $130.00 price target for the company. Stifel Nicolaus dropped their target price on shares of PTC from $180.00 to $165.00 and set a “buy” rating for the company in a report on Thursday. Berenberg Bank set a $170.00 price target on shares of PTC in a research report on Wednesday, May 27th. Finally, Weiss Ratings downgraded PTC from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 6th. Seven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $171.14.

PTC Trading Up 4.0%

NASDAQ PTC traded up $5.28 during mid-day trading on Thursday, reaching $137.74. 2,226,034 shares of the stock were exchanged, compared to its average volume of 1,435,010. The stock has a market capitalization of $15.91 billion, a PE ratio of 13.19, a PEG ratio of 1.86 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 has a 1-year low of $108.50 and a 1-year high of $219.69. The business’s fifty day simple moving average is $126.29 and its 200 day simple moving average is $142.17.

PTC (NASDAQ:PTC) last released its earnings results on Wednesday, July 29th. The technology company reported $1.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.01. The business had revenue of $600.05 million for the quarter, compared to analysts’ expectations of $611.62 million. PTC had a net margin of 41.81% and a return on equity of 25.84%. The company’s quarterly revenue was down 6.8% on a year-over-year basis. During the same period last year, the company earned $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. On average, research analysts anticipate that PTC will post 6.35 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other PTC news, CAO Alice Christenson sold 816 shares of the business’s stock in a transaction dated 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 owned 1,265 shares of the company’s stock, valued at approximately $184,462.30. The trade was a 39.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.29% of the company’s stock.

Key Headlines Impacting PTC

Here are the key news stories impacting PTC this week:

• Positive Sentiment: PTC raised its fiscal 2026 outlook for annual recurring revenue (ARR), revenue and EPS. The company now forecasts approximately 9%–9.5% constant-currency ARR growth, while fiscal-year EPS guidance was raised to $7.87–$8.42 in company-reported figures. PTC forecasts ARR growth and raises buyback target
• Positive Sentiment: Fiscal third-quarter constant-currency ARR excluding divested businesses rose 9.1% year over year, exceeding the high end of management’s prior target. Operating cash flow and free cash flow also surpassed guidance.
• Positive Sentiment: PTC repurchased roughly $525 million of stock during the quarter and raised its overall repurchase target to approximately $1.625 billion. Buybacks may support per-share earnings and signal management confidence. PTC third-quarter 2026 results
• Positive Sentiment: Analyst sentiment remained generally constructive: Rosenblatt reaffirmed a Buy rating with a $190 price target, while BMO raised its target to $164 and maintained an Outperform rating. AI momentum was cited as a factor behind the stronger ARR outlook. Rosenblatt analyst rating
• Neutral Sentiment: Piper Sandler lowered its price target from $175 to $157 and moved to Neutral, though the revised target remains above the recent trading level. Piper Sandler analyst action
• Negative Sentiment: Third-quarter revenue was $600.1 million, below the $611.6 million consensus and down 6.8% year over year. EPS of $1.58 was roughly in line with or slightly above estimates but declined from $1.64 a year earlier. PTC third-quarter earnings and revenue results
• Negative Sentiment: Fourth-quarter EPS guidance of $1.63–$2.21 brackets the $1.73 consensus, and revenue guidance of $630 million–$690 million includes potential downside versus estimates, highlighting near-term execution risk.

Hedge Funds Weigh In On PTC

Hedge funds have recently made changes to their positions in the business. Vinva Investment Management Ltd acquired a new position in shares of PTC during the fourth quarter worth about $427,000. Zions Bancorporation National Association UT lifted its position in PTC by 508.1% during the 4th quarter. Zions Bancorporation National Association UT now owns 2,256 shares of the technology company’s stock worth $393,000 after acquiring an additional 1,885 shares in the last quarter. Snowden Capital Advisors LLC boosted its holdings in PTC by 10.0% in the 2nd quarter. Snowden Capital Advisors LLC now owns 2,270 shares of the technology company’s stock worth $391,000 after acquiring an additional 207 shares during the period. Hudson Bay Capital Management LP acquired a new stake in PTC in the second quarter valued at approximately $346,000. Finally, Voleon Capital Management LP purchased a new stake in shares of PTC during the third quarter valued at approximately $318,000. Hedge funds and other institutional investors own 95.14% of the company’s stock.

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.