PTC (NASDAQ:PTC) Releases Q2 2026 Earnings Guidance

PTC (NASDAQ:PTC) issued an update on its second quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.930-2.540 for the period, compared to the consensus earnings per share estimate of 1.810. The company issued revenue guidance of $710.0 million-$770.0 million, compared to the consensus revenue estimate of $690.0 million.

Analyst Ratings Changes

A number of brokerages have recently weighed in on PTC. Piper Sandler lowered their price objective on shares of PTC from $200.00 to $175.00 and set a “neutral” rating for the company in a report on Friday, November 7th. Robert W. Baird set a $255.00 price target on shares of PTC in a research note on Wednesday, October 22nd. JPMorgan Chase & Co. cut PTC from a “neutral” rating to an “underweight” rating and reduced their price objective for the company from $205.00 to $162.00 in a research note on Monday. Rosenblatt Securities reissued a “buy” rating and issued a $220.00 target price on shares of PTC in a research note on Tuesday, January 27th. Finally, Weiss Ratings cut PTC from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Eleven analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $201.92.

PTC Trading Up 1.4%

Shares of PTC stock traded up $2.09 during midday trading on Wednesday, reaching $151.34. 2,254,541 shares of the company’s stock traded hands, compared to its average volume of 997,380. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.43 and a current ratio of 1.43. The stock has a 50 day moving average of $170.93 and a 200-day moving average of $190.38. The company has a market cap of $18.00 billion, a PE ratio of 24.65, a price-to-earnings-growth ratio of 2.60 and a beta of 1.03. PTC has a 12 month low of $133.38 and a 12 month high of $219.69.

PTC (NASDAQ:PTC) last announced its quarterly earnings results on Friday, November 21st. The technology company reported $2.10 earnings per share (EPS) for the quarter. PTC had a net margin of 27.05% and a return on equity of 23.02%. The company had revenue of $1.76 billion for the quarter. As a group, equities analysts expect that PTC will post 4.46 EPS for the current fiscal year.

Insider Transactions at PTC

In other PTC news, EVP Kristian Talvitie sold 50,291 shares of the company’s stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $173.14, for a total value of $8,707,383.74. Following the sale, the executive vice president owned 12,386 shares in the company, valued at approximately $2,144,512.04. This represents a 80.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Staats Aaron C. Von sold 6,328 shares of the company’s stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $174.79, for a total value of $1,106,071.12. Following the completion of the sale, the executive vice president owned 22,461 shares in the company, valued at $3,925,958.19. The trade was a 21.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 61,277 shares of company stock valued at $10,624,076. 0.29% of the stock is currently owned by corporate insiders.

PTC News Roundup

Here are the key news stories impacting PTC this week:

• Positive Sentiment: Q1 earnings and revenue beat Wall Street: PTC reported EPS of $1.92 vs. consensus ~$1.59 and revenue of $685.8M vs. ~$635M — results cited strong large-deal volume and improved margins. PTC Announces First Fiscal Quarter 2026 Results
• Positive Sentiment: Heavy capital return: PTC is executing a $2.0B repurchase authorization, repurchased $200M in Q1 and is targeting ~$1.115B–$1.315B of buybacks in FY‑26 (plans to use proceeds from recent divestitures). That supports EPS and signals confidence from management. PTC Announces First Fiscal Quarter 2026 Results
• Positive Sentiment: Updated Q2 outlook was above consensus on EPS and revenue ranges: company gave an EPS range and revenue range that, on paper, exceeded analyst consensus — a constructive sign for near‑term sales and profitability. PTC earnings beat by $0.37, revenue topped estimates
• Neutral Sentiment: Operational metrics: Constant‑currency ARR grew ~8.4% (9.0% ex. recent divestitures) and operating/free cash flow grew ~13% — these are solid fundamentals but reflect slower recurring‑revenue growth than some cloud peers. PTC Announces First Fiscal Quarter 2026 Results
• Negative Sentiment: Market reaction flagged guidance concerns: some investors interpreted the revenue/growth outlook and the impact of divestitures as weaker than hoped, prompting selling in parts of the session despite the headline beat. PTC shares fall as revenue guidance disappoints despite Q1 beat
• Negative Sentiment: Analyst downgrade: JPMorgan cut PTC to Underweight, which can pressure sentiment and short‑term flows even after a beat. JPMorgan Chase & Co. Downgrades PTC to Underweight

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Cresset Asset Management LLC bought a new position in PTC during the 3rd quarter valued at about $287,000. Parallel Advisors LLC lifted its position in PTC by 25.9% during the third quarter. Parallel Advisors LLC now owns 1,408 shares of the technology company’s stock valued at $286,000 after purchasing an additional 290 shares during the period. CIBC Private Wealth Group LLC boosted its holdings in PTC by 10.6% in the third quarter. CIBC Private Wealth Group LLC now owns 1,368 shares of the technology company’s stock worth $278,000 after purchasing an additional 131 shares during the last quarter. United Capital Financial Advisors LLC grew its position in PTC by 9.4% in the 3rd quarter. United Capital Financial Advisors LLC now owns 1,310 shares of the technology company’s stock worth $266,000 after purchasing an additional 113 shares during the period. Finally, PharVision Advisers LLC bought a new stake in PTC in the 3rd quarter worth approximately $258,000. 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.