Rosenblatt Securities Reiterates Buy Rating for PTC (NASDAQ:PTC)

PTC (NASDAQ:PTC)‘s stock had its “buy” rating reaffirmed by equities research analysts at Rosenblatt Securities in a research report issued to clients and investors on Thursday,Benzinga reports. They presently have a $190.00 price objective on the technology company’s stock. Rosenblatt Securities’ price objective would suggest a potential upside of 38.48% from the company’s current price.

A number of other analysts have also recently commented on PTC. Robert W. Baird set a $198.00 price target on PTC in a research report on Thursday, May 7th. BMO Capital Markets lifted their price objective on PTC from $155.00 to $164.00 and gave the company an “outperform” rating in a research note on Thursday. Piper Sandler cut their target price on PTC from $175.00 to $157.00 and set a “neutral” rating on the stock in a research note on Thursday. BNP Paribas Exane started coverage on PTC in a research report on Thursday, June 18th. They issued a “neutral” rating and a $130.00 price target for the company. Finally, Barclays upped their price target on shares of PTC from $150.00 to $155.00 and gave the stock an “overweight” rating in a research note on Thursday. Seven analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $170.14.

PTC Trading Up 0.7%

Shares of NASDAQ PTC opened at $137.20 on Thursday. PTC has a 1 year low of $108.50 and a 1 year high of $219.69. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.65 and a quick ratio of 1.23. The firm has a 50-day moving average of $125.88 and a 200 day moving average of $141.89. The stock has a market cap of $15.85 billion, a P/E ratio of 13.27, a price-to-earnings-growth ratio of 1.99 and a beta of 0.99.

PTC (NASDAQ:PTC) last announced its quarterly earnings data on Wednesday, July 29th. The technology company reported $1.58 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.01. PTC had a net margin of 41.67% and a return on equity of 25.31%. The business had revenue of $600.05 million for the quarter, compared to analysts’ expectations of $611.62 million. During the same quarter in the prior year, the company earned $1.64 earnings per share. The business’s revenue 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. As a group, sell-side analysts expect that PTC will post 6.35 EPS for the current fiscal year.

Insider Activity

In related news, CAO Alice Christenson sold 816 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $145.82, for a total value of $118,989.12. Following the transaction, the chief accounting officer owned 1,265 shares of the company’s stock, valued at approximately $184,462.30. This trade represents a 39.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.29% of the company’s stock.

Institutional Investors Weigh In On PTC

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Empowered Funds LLC increased its holdings in shares of PTC by 3.1% in 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 during the last quarter. Geneos Wealth Management Inc. boosted its stake in PTC by 34.4% during the first quarter. Geneos Wealth Management Inc. now owns 297 shares of the technology company’s stock valued at $46,000 after buying an additional 76 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in PTC by 68.7% during the second quarter. EverSource Wealth Advisors LLC now owns 705 shares of the technology company’s stock valued at $121,000 after buying an additional 287 shares during the last quarter. Cerity Partners LLC purchased a new position in PTC during the 2nd quarter valued at approximately $257,000. Finally, Alliancebernstein L.P. grew its holdings in PTC by 3.2% during the 2nd quarter. Alliancebernstein L.P. now owns 132,962 shares of the technology company’s stock valued at $22,915,000 after buying an additional 4,176 shares in the last quarter. 95.14% of the stock is owned by hedge funds and other institutional investors.

More PTC News

Here are the key news stories impacting PTC this week:

• Positive Sentiment: PTC raised its fiscal 2026 outlook, including expectations for approximately 9%–9.5% constant-currency annual recurring revenue growth. Management also increased its share-repurchase target to about $1.625 billion, supporting per-share earnings and shareholder returns. PTC forecasts ARR growth and raises buyback target
• Positive Sentiment: The company’s focus on cloud collaboration, governed product data and targeted artificial-intelligence applications is strengthening its long-term industrial software growth narrative. Investors appear encouraged that AI adoption could expand PTC’s addressable market and support higher-value subscriptions and services. PTC AI, cloud and product data trends
• Positive Sentiment: Analyst support remains mixed but generally constructive: BMO raised its target to $164 with an outperform rating, while Rosenblatt reaffirmed a buy rating and set a $190 target. These targets suggest potential upside if PTC delivers on its revised outlook. BMO raises PTC price target
• Neutral Sentiment: Fiscal Q3 adjusted earnings were approximately $1.58 per share, broadly in line with estimates, but revenue of about $600 million fell short of consensus near $612 million and declined year over year. The earnings details therefore provide limited evidence of near-term acceleration. PTC Q3 earnings and revenue report
• Negative Sentiment: Investors are focused on whether PTC can convert its improved annual recurring-revenue outlook into reported results, particularly in the fourth quarter. Margin pressure, slower revenue growth and a demanding year-end execution target could limit further gains if guidance is not met. PTC AI-led lifecycle strategy outlook
• Negative Sentiment: Piper Sandler lowered its price target from $175 to $157 and moved to a neutral rating, underscoring valuation and execution concerns despite the revised company guidance. Piper Sandler changes PTC rating

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.