PTC (NASDAQ:PTC) Receives “Buy” Rating from Rosenblatt Securities

PTC (NASDAQ:PTC)‘s stock had its “buy” rating reaffirmed by stock analysts at Rosenblatt Securities in a research note issued to investors on Thursday,Benzinga reports. They currently have a $190.00 price objective on the technology company’s stock. Rosenblatt Securities’ price objective would suggest a potential upside of 43.44% from the stock’s previous close.

A number of other analysts have also recently weighed in on the stock. Berenberg Bank set a $170.00 price target on shares of PTC in a research note on Wednesday, May 27th. Robert W. Baird set a $198.00 price objective on shares of PTC in a research note on Thursday, May 7th. Wall Street Zen cut shares of PTC from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. BMO Capital Markets increased their target price on shares of PTC from $155.00 to $164.00 and gave the stock an “outperform” rating in a research note on Thursday. Finally, Piper Sandler lowered their price target on PTC from $175.00 to $157.00 and set a “neutral” rating on the stock in a report on Thursday. Seven equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $172.21.

PTC Trading Up 3.9%

PTC opened at $132.46 on Thursday. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 0.30. PTC has a 52 week low of $108.50 and a 52 week high of $219.69. The business’s 50 day moving average is $126.29 and its two-hundred day moving average is $142.17. The firm has a market cap of $15.30 billion, a price-to-earnings ratio of 12.64, a price-to-earnings-growth ratio of 1.86 and a beta of 0.99.

PTC (NASDAQ:PTC) last posted its quarterly earnings data on Wednesday, July 29th. The technology company reported $1.58 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.01. The business had revenue of $600.05 million during the quarter, compared to the consensus estimate of $611.62 million. PTC had a return on equity of 25.84% and a net margin of 41.81%.The company’s revenue was down 6.8% compared to the same quarter last year. During the same period 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. On average, research analysts predict that PTC will post 6.35 EPS for the current year.

Insider Activity

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Tema ETFs LLC lifted its holdings in PTC by 8.1% in the second quarter. Tema ETFs LLC now owns 3,878 shares of the technology company’s stock valued at $441,000 after acquiring an additional 290 shares during the period. Handelsbanken Fonder AB grew its stake in shares of PTC by 9.6% during the 2nd quarter. Handelsbanken Fonder AB now owns 36,600 shares of the technology company’s stock worth $4,158,000 after purchasing an additional 3,200 shares during the period. Czech National Bank increased its holdings in shares of PTC by 1.4% in the 2nd quarter. Czech National Bank now owns 32,877 shares of the technology company’s stock valued at $3,735,000 after purchasing an additional 469 shares in the last quarter. PensionDanmark Pensionsforsikringsaktieselskab lifted its stake in shares of PTC by 12.5% in the second quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 18,860 shares of the technology company’s stock valued at $2,143,000 after purchasing an additional 2,100 shares during the period. Finally, Assenagon Asset Management S.A. lifted its stake in shares of PTC by 104.5% in the second quarter. Assenagon Asset Management S.A. now owns 224,989 shares of the technology company’s stock valued at $25,561,000 after purchasing an additional 114,961 shares during the period. Institutional investors and hedge funds own 95.14% of the company’s stock.

PTC News Summary

Here are the key news stories impacting PTC this week:

• Positive Sentiment: BMO raises price target: BMO Capital Markets lifted its target for PTC from $155 to $164 and assigned an “outperform” rating, implying substantial upside from the recent trading level. Street Insider article
• Positive Sentiment: Full-year outlook increased: PTC raised fiscal 2026 guidance for adjusted EPS to $7.87-$8.42, above the $7.72 consensus estimate, and raised revenue guidance to approximately $2.69-$2.75 billion. The company also increased its ARR outlook and reaffirmed cash-flow guidance. PTC third-quarter results
• Positive Sentiment: Recurring revenue and capital returns were supportive: Constant-currency ARR excluding divested businesses grew 9.1% year over year, exceeding the high end of guidance. PTC generated $249.3 million in free cash flow and repurchased roughly $525 million of stock during the quarter, potentially supporting per-share results.
• Neutral Sentiment: Quarterly earnings were mixed: Adjusted EPS of $1.58 slightly exceeded the $1.57 consensus cited by MarketBeat, although it declined from $1.64 a year earlier. Revenue of $600.05 million fell 6.8% year over year and missed the $611.62 million consensus estimate. Zacks earnings report
• Negative Sentiment: Fourth-quarter guidance remains a caution: PTC forecast fourth-quarter EPS of $1.63-$2.21 versus a $1.73 consensus and revenue of $630-$690 million versus a $656.9 million estimate. The broad range and continuing year-over-year revenue pressure may limit near-term enthusiasm.

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.