Analysts Set PTC Inc. (NASDAQ:PTC) Target Price at $170.14

PTC Inc. (NASDAQ:PTC) has earned an average recommendation of “Hold” from the fourteen analysts that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $170.1429.

Several brokerages have recently weighed in on PTC. Weiss Ratings reiterated a “hold (c-)” rating on shares of PTC in a research note on Monday, August 3rd. BMO Capital Markets lifted their price target on shares of PTC from $155.00 to $164.00 and gave the stock an “outperform” rating in a research note on Thursday, July 30th. Rosenblatt Securities restated a “buy” rating and issued a $190.00 price objective on shares of PTC in a research note on Thursday, July 30th. BNP Paribas Exane assumed coverage on PTC in a report on Thursday, June 18th. They issued a “neutral” rating and a $130.00 target price on the stock. Finally, Piper Sandler lowered their target price on PTC from $175.00 to $157.00 and set a “neutral” rating on the stock in a research report on Thursday, July 30th.

PTC Stock Performance

Shares of PTC opened at $130.78 on Friday. The firm has a market capitalization of $14.19 billion, a P/E ratio of 12.65, a PEG ratio of 1.79 and a beta of 1.00. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.03 and a quick ratio of 1.03. PTC has a one year low of $108.50 and a one year high of $208.56. The business has a fifty day moving average of $138.01 and a 200 day moving average of $139.24.

PTC (NASDAQ:PTC) last posted its earnings results on Wednesday, July 29th. The technology company reported $1.58 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.01. The company had revenue of $600.05 million for the quarter, compared to the consensus estimate of $611.62 million. PTC had a return on equity of 25.31% and a net margin of 41.67%.PTC’s revenue was down 6.8% on a year-over-year basis. During the same quarter in the prior 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. As a group, sell-side analysts anticipate that PTC will post 6.54 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Tidal Investments LLC grew its stake in shares of PTC by 25.1% during the 2nd quarter. Tidal Investments LLC now owns 40,728 shares of the technology company’s stock valued at $4,627,000 after acquiring an additional 8,177 shares during the period. Archford Capital Strategies LLC raised its stake in PTC by 4.7% during the 2nd quarter. Archford Capital Strategies LLC now owns 5,135 shares of the technology company’s stock worth $583,000 after acquiring an additional 232 shares during the period. National Pension Service lifted its holdings in PTC by 33.5% during the second quarter. National Pension Service now owns 40,800 shares of the technology company’s stock valued at $4,635,000 after purchasing an additional 10,231 shares in the last quarter. WINTON GROUP Ltd purchased a new position in PTC during the second quarter valued at approximately $3,947,000. Finally, Engineers Gate Manager LP boosted its position in shares of PTC by 126.3% in the second quarter. Engineers Gate Manager LP now owns 7,101 shares of the technology company’s stock worth $807,000 after purchasing an additional 3,963 shares during the period. 95.14% of the stock is owned by hedge funds and other institutional investors.

PTC Company Profile

PTC Inc is a technology company that develops software for product design, engineering, manufacturing and service organizations. Its solutions help businesses create, manage and analyze product data throughout the product lifecycle, supporting collaboration from initial design through production and ongoing maintenance.

The company’s portfolio includes Creo computer-aided design software, Windchill product lifecycle management software, and Onshape cloud-native product development tools.