PTC (NASDAQ:PTC) Releases 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 7.870-8.420 for the period, compared to the consensus earnings per share estimate of 7.720. The company issued revenue guidance of $2.7 billion-$3.8 billion, compared to the consensus revenue estimate of $2.7 billion. PTC also updated its Q4 2026 guidance to 1.630-2.210 EPS.

PTC Stock Up 3.3%

Shares of PTC traded up $4.32 during midday trading on Thursday, hitting $136.78. The stock had a trading volume of 1,771,500 shares, compared to its average volume of 1,433,509. The company has a 50 day simple moving average of $126.29 and a two-hundred day simple moving average of $142.17. PTC has a twelve month low of $108.50 and a twelve month high of $219.69. The firm has a market cap of $15.80 billion, a price-to-earnings ratio of 13.07, a price-to-earnings-growth ratio of 1.86 and a beta of 0.99. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.23 and a quick ratio of 1.23.

PTC (NASDAQ:PTC) last released 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. PTC had a net margin of 41.81% and a return on equity of 25.84%. The business had revenue of $600.05 million during the quarter, compared to the consensus estimate of $611.62 million. During the same quarter last year, the firm earned $1.64 earnings per share. The firm’s revenue for the quarter was down 6.8% compared to the same quarter last year. 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, analysts anticipate that PTC will post 6.35 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. 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 for the company. Piper Sandler lowered their target price on PTC from $175.00 to $157.00 and set a “neutral” rating for the company in a report on Thursday. Berenberg Bank set a $170.00 price objective on PTC in a report on Wednesday, May 27th. Wall Street Zen lowered shares of PTC from a “buy” rating to a “hold” rating in a research report on Saturday, June 27th. Finally, Robert W. Baird set a $198.00 price target on shares of PTC in a research note on Thursday, May 7th. Seven 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 has a consensus rating of “Hold” and a consensus target price of $171.14.

Insider Buying and Selling

In other news, CAO Alice Christenson sold 816 shares of the stock in a transaction 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 transaction, the chief accounting officer directly owned 1,265 shares of the company’s stock, valued at $184,462.30. This represents a 39.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.29% of the company’s stock.

Key PTC News

Here are the key news stories impacting PTC this week:

• Positive Sentiment: PTC raised its fiscal 2026 outlook for annual recurring revenue (ARR), revenue and EPS. The company now forecasts approximately 9%–9.5% constant-currency ARR growth, while fiscal-year EPS guidance was raised to $7.87–$8.42 in company-reported figures. PTC forecasts ARR growth and raises buyback target
• Positive Sentiment: Fiscal third-quarter constant-currency ARR excluding divested businesses rose 9.1% year over year, exceeding the high end of management’s prior target. Operating cash flow and free cash flow also surpassed guidance.
• Positive Sentiment: PTC repurchased roughly $525 million of stock during the quarter and raised its overall repurchase target to approximately $1.625 billion. Buybacks may support per-share earnings and signal management confidence. PTC third-quarter 2026 results
• Positive Sentiment: Analyst sentiment remained generally constructive: Rosenblatt reaffirmed a Buy rating with a $190 price target, while BMO raised its target to $164 and maintained an Outperform rating. AI momentum was cited as a factor behind the stronger ARR outlook. Rosenblatt analyst rating
• Neutral Sentiment: Piper Sandler lowered its price target from $175 to $157 and moved to Neutral, though the revised target remains above the recent trading level. Piper Sandler analyst action
• Negative Sentiment: Third-quarter revenue was $600.1 million, below the $611.6 million consensus and down 6.8% year over year. EPS of $1.58 was roughly in line with or slightly above estimates but declined from $1.64 a year earlier. PTC third-quarter earnings and revenue results
• Negative Sentiment: Fourth-quarter EPS guidance of $1.63–$2.21 brackets the $1.73 consensus, and revenue guidance of $630 million–$690 million includes potential downside versus estimates, highlighting near-term execution risk.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. DV Equities LLC purchased a new position in PTC during the 4th quarter worth $29,000. Quarry LP grew its position in PTC by 86.2% during the third quarter. Quarry LP now owns 203 shares of the technology company’s stock valued at $41,000 after buying an additional 94 shares during the period. Geneos Wealth Management Inc. raised its holdings in PTC by 34.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 297 shares of the technology company’s stock worth $46,000 after purchasing an additional 76 shares during the period. Osterweis Capital Management Inc. acquired a new position in PTC during the fourth quarter worth $50,000. Finally, MUFG Securities EMEA plc purchased a new position in PTC in the 2nd quarter valued at about $61,000. 95.14% of the stock is owned by hedge funds and other institutional investors.

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.