PTC Inc. (NASDAQ:PTC) Receives $173.60 Consensus Target Price from Brokerages

Shares of PTC Inc. (NASDAQ:PTC) have earned a consensus recommendation of “Moderate Buy” from the seventeen ratings firms 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 ten have given a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $173.60.

Several equities analysts have recently commented on PTC shares. KeyCorp dropped their target price on shares of PTC from $210.00 to $195.00 and set an “overweight” rating for the company in a research report on Tuesday, March 17th. Barclays boosted their target price on shares of PTC from $180.00 to $185.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. Robert W. Baird set a $198.00 price target on shares of PTC in a report on Thursday, May 7th. BNP Paribas Exane initiated coverage on shares of PTC in a report on Thursday, June 18th. They set a “neutral” rating and a $130.00 price target on the stock. Finally, Wall Street Zen lowered shares of PTC from a “buy” rating to a “hold” rating in a report on Saturday.

Insider Activity

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Nordea Investment Management AB boosted its position in PTC by 25.9% during the 4th quarter. Nordea Investment Management AB now owns 269,396 shares of the technology company’s stock worth $47,136,000 after buying an additional 55,485 shares during the period. Norges Bank acquired a new stake in PTC during the 4th quarter worth approximately $295,399,000. Dakota Wealth Management boosted its position in PTC by 31.2% during the 3rd quarter. Dakota Wealth Management now owns 38,975 shares of the technology company’s stock worth $7,913,000 after buying an additional 9,279 shares during the period. Congress Asset Management Co. boosted its position in PTC by 11.6% during the 4th quarter. Congress Asset Management Co. now owns 163,512 shares of the technology company’s stock worth $28,485,000 after buying an additional 17,020 shares during the period. Finally, Quantbot Technologies LP acquired a new stake in PTC during the 3rd quarter worth approximately $3,203,000. Institutional investors and hedge funds own 95.14% of the company’s stock.

PTC Price Performance

Shares of NASDAQ:PTC opened at $113.89 on Tuesday. The firm has a 50 day moving average of $134.26 and a 200-day moving average of $150.31. The stock has a market capitalization of $13.16 billion, a PE ratio of 10.87, a PEG ratio of 1.69 and a beta of 0.97. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 0.30. PTC has a 12 month low of $108.50 and a 12 month high of $219.69.

PTC (NASDAQ:PTC) last issued its earnings results on Wednesday, May 6th. The technology company reported $2.69 EPS for the quarter, beating the consensus estimate of $2.06 by $0.63. The company had revenue of $774.30 million during the quarter, compared to analysts’ expectations of $712.40 million. PTC had a net margin of 41.81% and a return on equity of 25.84%. The business’s revenue for the quarter was up 21.7% compared to the same quarter last year. During the same period in the previous year, the company earned $1.79 EPS. PTC has set its FY 2026 guidance at 6.650-8.900 EPS and its Q3 2026 guidance at 1.240-1.780 EPS. On average, equities research analysts predict that PTC will post 6.35 EPS for the current fiscal year.

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.