PTC (NASDAQ:PTC) Given New $195.00 Price Target at Royal Bank Of Canada

PTC (NASDAQ:PTC) had its price objective decreased by research analysts at Royal Bank Of Canada from $235.00 to $195.00 in a note issued to investors on Thursday, MarketBeat Ratings reports. The brokerage presently has an “outperform” rating on the technology company’s stock. Royal Bank Of Canada’s price objective would suggest a potential upside of 23.94% from the stock’s previous close.

A number of other analysts have also commented on the company. Piper Sandler decreased their price objective on PTC from $200.00 to $175.00 and set a “neutral” rating on the stock in a research note on Friday, November 7th. KeyCorp set a $210.00 price target on PTC in a research report on Thursday. Wall Street Zen raised shares of PTC from a “buy” rating to a “strong-buy” rating in a research note on Saturday, January 3rd. Robert W. Baird set a $255.00 price target on PTC in a report on Wednesday, October 22nd. Finally, Citigroup dropped their target price on PTC from $185.00 to $181.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 28th. Eleven analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $192.31.

PTC Stock Performance

Shares of PTC stock traded up $6.00 during midday trading on Thursday, hitting $157.34. The company had a trading volume of 1,330,308 shares, compared to its average volume of 999,246. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.43 and a quick ratio of 1.43. The stock has a market cap of $18.71 billion, a price-to-earnings ratio of 25.67, a PEG ratio of 2.47 and a beta of 1.03. The company’s 50 day simple moving average is $170.49 and its 200 day simple moving average is $190.11. PTC has a 52-week low of $133.38 and a 52-week high of $219.69.

PTC (NASDAQ:PTC) last issued its earnings results on Wednesday, February 4th. The technology company reported $1.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.59 by $0.33. The business had revenue of $685.83 million during the quarter, compared to the consensus estimate of $635.44 million. PTC had a return on equity of 23.02% and a net margin of 27.05%.The company’s revenue for the quarter was up 21.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.10 EPS. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. Research analysts anticipate that PTC will post 4.46 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, EVP Kristian Talvitie sold 50,291 shares of the stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $173.14, for a total transaction of $8,707,383.74. Following the completion of 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 shares were sold at an average price of $174.79, for a total transaction of $1,106,071.12. Following the completion of the sale, the executive vice president owned 22,461 shares of the company’s stock, valued at approximately $3,925,958.19. This trade represents a 21.98% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 61,277 shares of company stock valued at $10,624,076 over the last 90 days. 0.29% of the stock is currently owned by insiders.

Hedge Funds Weigh In On PTC

Several institutional investors have recently bought and sold shares of the stock. Daiwa Securities Group Inc. increased its holdings in shares of PTC by 13.4% during the second quarter. Daiwa Securities Group Inc. now owns 74,128 shares of the technology company’s stock valued at $12,775,000 after acquiring an additional 8,786 shares in the last quarter. J. Safra Sarasin Holding AG grew its position in PTC by 15.4% during the 3rd quarter. J. Safra Sarasin Holding AG now owns 46,966 shares of the technology company’s stock valued at $9,535,000 after purchasing an additional 6,281 shares during the last quarter. Nisa Investment Advisors LLC increased its stake in PTC by 35.7% during the 2nd quarter. Nisa Investment Advisors LLC now owns 28,678 shares of the technology company’s stock valued at $4,942,000 after purchasing an additional 7,546 shares in the last quarter. ARK Investment Management LLC raised its holdings in PTC by 18.5% in the second quarter. ARK Investment Management LLC now owns 19,024 shares of the technology company’s stock worth $3,279,000 after buying an additional 2,965 shares during the last quarter. Finally, Nordea Investment Management AB lifted its stake in shares of PTC by 2,075.2% in the third quarter. Nordea Investment Management AB now owns 213,911 shares of the technology company’s stock worth $43,420,000 after buying an additional 204,077 shares in the last quarter. 95.14% of the stock is currently owned by institutional investors.

Trending Headlines about PTC

Here are the key news stories impacting PTC this week:

• Positive Sentiment: Q1 results topped expectations: PTC reported $1.92 EPS vs. $1.59 consensus and revenue of $685.8M vs. $635.4M expected — growth driven by large deals and margin expansion. PTC ANNOUNCES FIRST FISCAL QUARTER 2026 RESULTS
• Positive Sentiment: Guidance topped Street: PTC set Q2 FY26 EPS guidance of $1.93–2.54 and revenue guidance above consensus, reinforcing forward momentum. Listen to Conference Call / View Press Release
• Positive Sentiment: Large buyback authorization: management outlined targeted repurchases of ~$1.115B–$1.315B in FY‑26 (and executed $200M in Q1), which supports EPS and signals confidence. PTC outlines $1.1B–$1.3B share repurchases in fiscal 2026 as deferred ARR accelerates growth
• Neutral Sentiment: Management emphasized ARR growth (~8–9% ex certain assets), cash‑flow improvement and embedding AI across the portfolio — strategic color that supports longer‑term thesis but will take time to convert. Q1 Slide Deck / Press Materials
• Neutral Sentiment: Earnings call & analysis available: transcripts and presentations provide detail on customer wins, legacy product transitions and ARR composition for investors doing deeper diligence. PTC Inc. 2026 Q1 – Results – Earnings Call Presentation
• Negative Sentiment: Several analysts trimmed price targets: Rosenblatt cut its target to $200 (still a Buy) and BMO lowered to $189 (Outperform), reducing modeled upside and tempering the rally. Benzinga PTC price target lowered at BMO Capital
• Negative Sentiment: JPMorgan downgraded PTC to Underweight, adding selling pressure for some institutional holders and flagging concerns about legacy exposure versus cloud/AI transition. JPMorgan Chase & Co. Downgrades PTC to Underweight
• Negative Sentiment: Some headlines noted that revenue guidance commentary left investors wanting more, which clipped upside despite the beat — explains mixed intraday reactions. PTC shares fall as revenue guidance disappoints despite Q1 beat

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.