PTC (NASDAQ:PTC) Issues Q3 2026 Earnings Guidance

PTC (NASDAQ:PTC) issued an update on its third quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.240-1.780 for the period, compared to the consensus estimate of 1.600. The company issued revenue guidance of $580.0 million-$640.0 million, compared to the consensus revenue estimate of $620.7 million. PTC also updated its FY 2026 guidance to 6.650-8.900 EPS.

Wall Street Analyst Weigh In

PTC has been the subject of a number of recent analyst reports. Oppenheimer cut their price objective on PTC from $240.00 to $200.00 and set an “outperform” rating for the company in a research report on Wednesday, January 28th. Mizuho reduced their price target on shares of PTC from $180.00 to $160.00 and set a “neutral” rating on the stock in a research note on Monday, March 23rd. BMO Capital Markets lowered their price objective on shares of PTC from $219.00 to $189.00 and set an “outperform” rating for the company in a research report on Thursday, February 5th. Royal Bank Of Canada dropped their target price on shares of PTC from $235.00 to $195.00 and set an “outperform” rating for the company in a report on Thursday, February 5th. Finally, Stifel Nicolaus set a $180.00 price target on PTC in a research note on Thursday, February 5th. Ten investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, PTC has an average rating of “Moderate Buy” and a consensus price target of $180.92.

PTC Price Performance

Shares of PTC opened at $148.59 on Thursday. The company has a market cap of $17.68 billion, a P/E ratio of 21.63, a PEG ratio of 2.39 and a beta of 0.98. PTC has a fifty-two week low of $130.89 and a fifty-two week high of $219.69. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.31. The firm’s 50 day moving average price is $146.41 and its 200 day moving average price is $163.99.

PTC (NASDAQ:PTC) last posted its quarterly earnings results on Wednesday, February 4th. The technology company reported $1.92 EPS for the quarter, topping the consensus estimate of $1.59 by $0.33. PTC had a net margin of 28.86% and a return on equity of 24.63%. The business had revenue of $685.83 million during the quarter, compared to the consensus estimate of $635.44 million. During the same quarter in the previous year, the firm posted $1.10 earnings per share. The company’s quarterly revenue was up 21.4% compared to the same quarter last year. On average, research analysts forecast that PTC will post 6.13 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Corinna Lathan sold 675 shares of PTC stock in a transaction on Monday, March 16th. The stock was sold at an average price of $157.24, for a total value of $106,137.00. Following the completion of the transaction, the director directly 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 transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Staats Aaron C. Von sold 240 shares of the business’s stock in a transaction on 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 directly owned 22,221 shares of the company’s stock, valued at $3,579,803.10. The trade was a 1.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.29% of the company’s stock.

Trending Headlines about PTC

Here are the key news stories impacting PTC this week:

• Positive Sentiment: Q2 results materially beat expectations — EPS $2.69 vs. consensus ~$2.06 and revenue $774.3M vs. estimates ~712–722M, driving after?hours strength. The beat supports the company’s revenue growth story and margin expansion. PTC ANNOUNCES SECOND FISCAL QUARTER 2026 RESULTS
• Positive Sentiment: Market reaction noted: outlets reported a ~7.5% after?hours jump tied to the revenue and EPS beats. This immediate push reflects investor focus on the upside surprise. PTC Stock Surges Over 7% Overnight
• Positive Sentiment: Company lifted its annual revenue forecast on steady software demand — a signal that subscription/ARR momentum is holding and supports longer?term revenue visibility. PTC lifts annual revenue forecast
• Positive Sentiment: Heavy buybacks: PTC used ~ $625M for repurchases in Q2, is targeting ~$1.225–1.325B for FY?26, and authorized a new $2B repurchase program for FY?27/28 — supports EPS and signals capital?allocation priority. PTC ANNOUNCES SECOND FISCAL QUARTER 2026 RESULTS
• Positive Sentiment: Commercial/strategic wins: U.S. Army designated PTC’s Windchill PLM as its enterprise PDM/PLM solution — a high?profile validation that can drive future enterprise revenue and renewals. Windchill PLM designated by U.S. Army
• Neutral Sentiment: Forward guidance is mixed: Q3 EPS guide of $1.24–$1.78 vs. consensus $1.60 and FY EPS guide $6.65–$8.90 vs. consensus $7.37 (revenue $2.6B–$2.8B vs. $2.7B est.). The wide ranges create uncertainty for next?quarter comparisons despite a FY midpoint roughly above consensus. PTC guidance update (company release/earnings)
• Neutral Sentiment: Operational metrics show steady ARR growth (constant currency ARR +8.5% ex?divestitures) and 14% operating/free cash flow growth — supportive fundamentals but already partly priced in after the beat. Here’s What Key Metrics Tell Us About PTC Q2 Earnings
• Negative Sentiment: Insider selling is notable: recent filings show multiple executive sales (including the CFO), which can create perception risk even if sales are for diversification or liquidity. QuiverQuant PTC earnings and insider activity

Institutional Investors Weigh In On PTC

A number of large investors have recently modified their holdings of the company. DV Equities LLC acquired a new stake in shares of PTC in the 4th quarter valued at $29,000. Quarry LP increased its holdings in PTC by 86.2% in the third quarter. Quarry LP now owns 203 shares of the technology company’s stock valued at $41,000 after buying an additional 94 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in PTC by 34.4% in the first quarter. Geneos Wealth Management Inc. now owns 297 shares of the technology company’s stock valued at $46,000 after buying an additional 76 shares during the last quarter. Osterweis Capital Management Inc. acquired a new stake in PTC in the fourth quarter valued at $50,000. Finally, MUFG Securities EMEA plc purchased a new stake in PTC during the 2nd quarter worth about $61,000. 95.14% of the stock is owned by hedge funds and other institutional investors.

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.