Shares of PTC Inc. (NASDAQ:PTC – Get Free Report) have been given an average rating of “Hold” by the fourteen analysts that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $170.1429.
Several research analysts recently issued reports on the stock. BMO Capital Markets increased their price target on shares of PTC from $155.00 to $164.00 and gave the stock an “outperform” rating in a research report on Thursday, July 30th. Robert W. Baird set a $198.00 price objective on PTC in a report on Thursday, May 7th. Citigroup upped their price objective on PTC from $127.00 to $141.00 and gave the company a “neutral” rating in a research note on Friday, July 31st. Stifel Nicolaus dropped their target price on PTC from $180.00 to $165.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Finally, BNP Paribas Exane started coverage on PTC in a research report on Thursday, June 18th. They set a “neutral” rating and a $130.00 target price for the company.
Read Our Latest Analysis on PTC
PTC Stock Performance
PTC (NASDAQ:PTC – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The technology company reported $1.58 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.01. PTC had a net margin of 41.67% and a return on equity of 25.31%. The company had revenue of $600.05 million during the quarter, compared to the consensus estimate of $611.62 million. During the same period last year, the firm earned $1.64 EPS. The firm’s revenue for the quarter was down 6.8% compared to the same quarter last year. 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, analysts expect that PTC will post 6.51 EPS for the current year.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in PTC. Elyxium Wealth LLC acquired a new stake in shares of PTC in the 4th quarter valued at $27,000. Palladiem LLC acquired a new stake in shares of PTC during the 4th quarter worth about $28,000. DV Equities LLC bought a new position in PTC during the 4th quarter valued at about $29,000. Quarry LP lifted its holdings in PTC by 86.2% during the 3rd quarter. Quarry LP now owns 203 shares of the technology company’s stock valued at $41,000 after purchasing an additional 94 shares during the last quarter. Finally, Rakuten Securities Inc. boosted its position in PTC by 2,725.0% in the fourth quarter. Rakuten Securities Inc. now owns 226 shares of the technology company’s stock valued at $39,000 after buying an additional 218 shares in the last quarter. 95.14% of the stock is owned by 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.
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