PTC (NASDAQ:PTC) Price Target Raised to $164.00

PTC (NASDAQ:PTC) had its target price hoisted by BMO Capital Markets from $155.00 to $164.00 in a research note released on Thursday morning, MarketBeat Ratings reports. The firm currently has an outperform rating on the technology company’s stock.

PTC has been the topic of a number of other reports. Wall Street Zen downgraded PTC from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. BNP Paribas Exane initiated coverage on PTC in a research report on Thursday, June 18th. They set a “neutral” rating and a $130.00 price objective on the stock. Barclays reduced their price objective on PTC from $185.00 to $150.00 and set an “overweight” rating for the company in a report on Monday, July 13th. Rosenblatt Securities reissued a “buy” rating and issued a $190.00 target price on shares of PTC in a research report on Tuesday, May 5th. Finally, Robert W. Baird set a $198.00 target price on shares of PTC in a research note on Thursday, May 7th. Seven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, PTC currently has an average rating of “Hold” and a consensus price target of $170.14.

PTC Price Performance

Shares of NASDAQ PTC opened at $137.20 on Thursday. PTC has a twelve month low of $108.50 and a twelve month high of $219.69. The firm has a market cap of $15.85 billion, a P/E ratio of 13.27, a PEG ratio of 2.01 and a beta of 0.99. The company has a 50 day moving average of $125.88 and a 200 day moving average of $141.89. The company has a quick ratio of 1.23, a current ratio of 1.65 and a debt-to-equity ratio of 0.41.

PTC (NASDAQ:PTC) last released its quarterly earnings data on Wednesday, July 29th. The technology company reported $1.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.01. PTC had a return on equity of 25.31% and a net margin of 41.67%.The business had revenue of $600.05 million for the quarter, compared to analysts’ expectations of $611.62 million. During the same period in the prior year, the firm posted $1.64 EPS. The firm’s quarterly revenue was down 6.8% on a year-over-year basis. PTC has set its FY 2026 guidance at 7.870-8.420 EPS and its Q4 2026 guidance at 1.630-2.210 EPS. As a group, research analysts expect that PTC will post 6.35 EPS for the current fiscal year.

Insider Buying and Selling at PTC

In other news, CAO Alice Christenson sold 816 shares of the firm’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $145.82, for a total value of $118,989.12. Following the transaction, the chief accounting officer directly owned 1,265 shares in the company, valued at $184,462.30. This trade represents a 39.21% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.29% of the stock is owned by insiders.

Institutional Trading of PTC

A number of hedge funds have recently bought and sold shares of PTC. Elyxium Wealth LLC purchased a new position in PTC in the fourth quarter worth about $27,000. Palladiem LLC purchased a new stake in shares of PTC during the 4th quarter valued at about $28,000. DV Equities LLC bought a new position in shares of PTC in the 4th quarter worth approximately $29,000. Cedar Mountain Advisors LLC bought a new position in shares of PTC in the 1st quarter worth approximately $36,000. Finally, Rakuten Securities Inc. boosted its holdings in shares of PTC by 2,725.0% in the fourth quarter. Rakuten Securities Inc. now owns 226 shares of the technology company’s stock worth $39,000 after buying an additional 218 shares during the last quarter. Hedge funds and other institutional investors own 95.14% of the company’s stock.

PTC News Summary

Here are the key news stories impacting PTC this week:

• Positive Sentiment: PTC raised its fiscal 2026 outlook, including expectations for approximately 9%–9.5% constant-currency annual recurring revenue growth. Management also increased its share-repurchase target to about $1.625 billion, supporting per-share earnings and shareholder returns. PTC forecasts ARR growth and raises buyback target
• Positive Sentiment: The company’s focus on cloud collaboration, governed product data and targeted artificial-intelligence applications is strengthening its long-term industrial software growth narrative. Investors appear encouraged that AI adoption could expand PTC’s addressable market and support higher-value subscriptions and services. PTC AI, cloud and product data trends
• Positive Sentiment: Analyst support remains mixed but generally constructive: BMO raised its target to $164 with an outperform rating, while Rosenblatt reaffirmed a buy rating and set a $190 target. These targets suggest potential upside if PTC delivers on its revised outlook. BMO raises PTC price target
• Neutral Sentiment: Fiscal Q3 adjusted earnings were approximately $1.58 per share, broadly in line with estimates, but revenue of about $600 million fell short of consensus near $612 million and declined year over year. The earnings details therefore provide limited evidence of near-term acceleration. PTC Q3 earnings and revenue report
• Negative Sentiment: Investors are focused on whether PTC can convert its improved annual recurring-revenue outlook into reported results, particularly in the fourth quarter. Margin pressure, slower revenue growth and a demanding year-end execution target could limit further gains if guidance is not met. PTC AI-led lifecycle strategy outlook
• Negative Sentiment: Piper Sandler lowered its price target from $175 to $157 and moved to a neutral rating, underscoring valuation and execution concerns despite the revised company guidance. Piper Sandler changes PTC rating

PTC Company Profile

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.