PTC (NASDAQ:PTC) Issues FY 2026 Earnings Guidance

PTC (NASDAQ:PTC) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 6.650-8.900 for the period, compared to the consensus estimate of 7.370. The company issued revenue guidance of $2.6 billion-$2.8 billion, compared to the consensus revenue estimate of $2.7 billion. PTC also updated its Q3 2026 guidance to 1.240-1.780 EPS.

PTC Price Performance

PTC stock opened at $148.59 on Thursday. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.22 and a quick ratio of 1.22. The stock has a market cap of $17.68 billion, a price-to-earnings ratio of 21.63, a price-to-earnings-growth ratio of 2.39 and a beta of 0.98. The firm has a 50-day moving average of $146.41 and a two-hundred day moving average of $163.99. PTC has a 1 year low of $130.89 and a 1 year high of $219.69.

PTC (NASDAQ:PTC) last announced its quarterly earnings results on Wednesday, February 4th. The technology company reported $1.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.59 by $0.33. The firm had revenue of $685.83 million during the quarter, compared to analyst estimates of $635.44 million. PTC had a return on equity of 24.63% and a net margin of 28.86%.PTC’s quarterly revenue was up 21.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.10 earnings per share. On average, research analysts forecast that PTC will post 6.13 earnings per share for the current year.

Analyst Upgrades and Downgrades

PTC has been the subject of several research reports. JPMorgan Chase & Co. cut PTC from a “neutral” rating to an “underweight” rating and lowered their target price for the stock from $205.00 to $162.00 in a report on Monday, February 2nd. KeyCorp decreased their price objective on PTC from $210.00 to $195.00 and set an “overweight” rating for the company in a report on Tuesday, March 17th. Mizuho lowered their price objective on shares of PTC from $180.00 to $160.00 and set a “neutral” rating for the company in a research note on Monday, March 23rd. Royal Bank Of Canada dropped their target price on shares of PTC from $235.00 to $195.00 and set an “outperform” rating on the stock in a report on Thursday, February 5th. Finally, BMO Capital Markets cut their target price on shares of PTC from $219.00 to $189.00 and set an “outperform” rating on the stock in a research report on Thursday, February 5th. Ten analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $180.92.

Insider Buying and Selling at PTC

In other PTC news, Director Corinna Lathan sold 675 shares of PTC stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $157.24, for a total value of $106,137.00. Following the transaction, the director owned 8,429 shares in the company, valued at $1,325,375.96. The trade was a 7.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Staats Aaron C. Von sold 240 shares of the business’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $161.10, for a total transaction of $38,664.00. Following the completion of the transaction, the executive vice president owned 22,221 shares of the company’s stock, valued at $3,579,803.10. This represents a 1.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.29% of the company’s stock.

PTC News Summary

Here are the key news stories impacting PTC this week:

• Positive Sentiment: Q2 results materially beat expectations — EPS $2.69 vs. consensus ~$2.06 and revenue $774.3M vs. estimates ~712–722M, driving after‑hours strength. The beat supports the company’s revenue growth story and margin expansion. PTC ANNOUNCES SECOND FISCAL QUARTER 2026 RESULTS
• Positive Sentiment: Market reaction noted: outlets reported a ~7.5% after‑hours jump tied to the revenue and EPS beats. This immediate push reflects investor focus on the upside surprise. PTC Stock Surges Over 7% Overnight
• Positive Sentiment: Company lifted its annual revenue forecast on steady software demand — a signal that subscription/ARR momentum is holding and supports longer‑term revenue visibility. PTC lifts annual revenue forecast
• Positive Sentiment: Heavy buybacks: PTC used ~ $625M for repurchases in Q2, is targeting ~$1.225–1.325B for FY‑26, and authorized a new $2B repurchase program for FY‑27/28 — supports EPS and signals capital‑allocation priority. PTC ANNOUNCES SECOND FISCAL QUARTER 2026 RESULTS
• Positive Sentiment: Commercial/strategic wins: U.S. Army designated PTC’s Windchill PLM as its enterprise PDM/PLM solution — a high‑profile validation that can drive future enterprise revenue and renewals. Windchill PLM designated by U.S. Army
• Neutral Sentiment: Forward guidance is mixed: Q3 EPS guide of $1.24–$1.78 vs. consensus $1.60 and FY EPS guide $6.65–$8.90 vs. consensus $7.37 (revenue $2.6B–$2.8B vs. $2.7B est.). The wide ranges create uncertainty for next‑quarter comparisons despite a FY midpoint roughly above consensus. PTC guidance update (company release/earnings)
• Neutral Sentiment: Operational metrics show steady ARR growth (constant currency ARR +8.5% ex‑divestitures) and 14% operating/free cash flow growth — supportive fundamentals but already partly priced in after the beat. Here’s What Key Metrics Tell Us About PTC Q2 Earnings
• Negative Sentiment: Insider selling is notable: recent filings show multiple executive sales (including the CFO), which can create perception risk even if sales are for diversification or liquidity. QuiverQuant PTC earnings and insider activity

Institutional Investors Weigh In On PTC

Hedge funds and other institutional investors have recently bought and sold shares of the company. Empowered Funds LLC increased its position in shares of PTC by 3.1% during the first quarter. Empowered Funds LLC now owns 2,498 shares of the technology company’s stock worth $387,000 after purchasing an additional 75 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in PTC by 34.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 297 shares of the technology company’s stock worth $46,000 after buying an additional 76 shares during the last quarter. Meeder Advisory Services Inc. increased its position in PTC by 4.0% during the 4th quarter. Meeder Advisory Services Inc. now owns 2,100 shares of the technology company’s stock valued at $366,000 after buying an additional 81 shares in the last quarter. Guggenheim Capital LLC increased its position in PTC by 2.1% during the 4th quarter. Guggenheim Capital LLC now owns 4,068 shares of the technology company’s stock valued at $709,000 after buying an additional 82 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its stake in PTC by 0.3% in the second quarter. Ameriprise Financial Inc. now owns 26,367 shares of the technology company’s stock valued at $4,544,000 after buying an additional 87 shares during the last quarter. Hedge funds and other institutional investors own 95.14% of the company’s stock.

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.