PTC (NASDAQ:PTC) Given New $200.00 Price Target at Rosenblatt Securities

PTC (NASDAQ:PTC) had its price target reduced by Rosenblatt Securities from $220.00 to $200.00 in a research note published on Thursday,Benzinga reports. They currently have a buy rating on the technology company’s stock.

A number of other research analysts have also issued reports on the company. Citigroup decreased their target price on PTC from $185.00 to $181.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 28th. Weiss Ratings cut shares of PTC from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Robert W. Baird set a $255.00 target price on shares of PTC in a research report on Wednesday, October 22nd. JPMorgan Chase & Co. cut shares of PTC from a “neutral” rating to an “underweight” rating and cut their target price for the stock from $205.00 to $162.00 in a research note on Monday. Finally, Wall Street Zen raised shares of PTC from a “buy” rating to a “strong-buy” rating in a research note on Saturday, January 3rd. Eleven analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, PTC presently has an average rating of “Moderate Buy” and a consensus target price of $189.23.

PTC Trading Up 1.7%

Shares of PTC stock opened at $153.94 on Thursday. The firm has a 50-day simple moving average of $170.10 and a two-hundred day simple moving average of $189.86. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.43 and a current ratio of 1.43. PTC has a fifty-two week low of $133.38 and a fifty-two week high of $219.69. The company has a market cap of $18.31 billion, a P/E ratio of 22.47, a price-to-earnings-growth ratio of 2.53 and a beta of 1.03.

PTC (NASDAQ:PTC) last announced its quarterly earnings results on Wednesday, February 4th. The technology company reported $1.92 earnings per share for the quarter, beating the consensus estimate 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 25.09% and a net margin of 28.86%.PTC’s revenue for the quarter was up 21.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.10 EPS. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. As a group, equities analysts predict that PTC will post 4.46 earnings per share for the current fiscal year.

Insider Buying and Selling

In other PTC news, EVP Kristian Talvitie sold 50,291 shares of the firm’s stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $173.14, for a total value of $8,707,383.74. Following the completion of the sale, the executive vice president directly owned 12,386 shares of the company’s stock, valued at $2,144,512.04. This trade represents a 80.24% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Staats Aaron C. Von sold 6,328 shares of PTC stock in a transaction on Monday, December 8th. The stock was sold at an average price of $174.79, for a total value of $1,106,071.12. Following the transaction, the executive vice president owned 22,461 shares in the company, valued at approximately $3,925,958.19. This represents a 21.98% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 61,277 shares of company stock valued at $10,624,076 over the last 90 days. Company insiders own 0.29% of the company’s stock.

Hedge Funds Weigh In On PTC

A number of institutional investors have recently bought and sold shares of PTC. Empowered Funds LLC grew its stake in shares of PTC by 3.1% in the 1st quarter. Empowered Funds LLC now owns 2,498 shares of the technology company’s stock valued at $387,000 after buying an additional 75 shares during the period. Geneos Wealth Management Inc. grew its position in PTC by 34.4% in the first quarter. Geneos Wealth Management Inc. now owns 297 shares of the technology company’s stock worth $46,000 after acquiring an additional 76 shares during the period. Shell Asset Management Co. grew its position in PTC by 89.4% in the second quarter. Shell Asset Management Co. now owns 14,214 shares of the technology company’s stock worth $2,450,000 after acquiring an additional 6,709 shares during the period. Sax Wealth Advisors LLC acquired a new stake in PTC during the second quarter worth $246,000. Finally, Maryland State Retirement & Pension System lifted its stake in shares of PTC by 4.8% in the 2nd quarter. Maryland State Retirement & Pension System now owns 5,796 shares of the technology company’s stock valued at $999,000 after purchasing an additional 263 shares during the last quarter. 95.14% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting PTC

Here are the key news stories impacting PTC this week:

• Positive Sentiment: Q1 results materially beat expectations — EPS of $1.92 (+75% YoY) and revenue up ~21% to $685.8M, topping consensus and driven by large deal momentum and ARR growth. Zacks: Q1 Earnings
• Positive Sentiment: Company raised FYQ2 guidance above Street estimates (EPS range $1.93–$2.54; revenue $710M–$770M), signaling confidence in near‑term growth. PTC Press Release / Slide Deck
• Positive Sentiment: Large buyback program unveiled — targeting ~$1.115B–$1.315B in FY‑26 and $200M repurchased in Q1; company plans to use net after‑tax proceeds from divestitures for additional repurchases, which is shareholder‑friendly and supportive of EPS. MSN: Buybacks
• Positive Sentiment: Management highlighted AI embedding across the portfolio and a common AI infrastructure on the earnings call, positioning PTC to capture AI-driven enterprise spend alongside its Intelligent Product Lifecycle strategy. TipRanks: Earnings Call Highlights
• Neutral Sentiment: Operational metrics show ARR growth (8.4% constant currency; 9.0% ex certain assets) and improving cash flow, which supports the buyback plan but leaves questions around legacy product transitions. PR Newswire: Q1 Results
• Negative Sentiment: Several analysts trimmed price targets (RBC: $235→$195; Rosenblatt: $220→$200; BMO: $219→$189) even while many kept buy/outperform ratings — lowers near‑term upside expectations and may cap the stock multiple. The Fly / Benzinga: Analyst Moves
• Negative Sentiment: JPMorgan downgraded PTC to Underweight, and some outlets flagged investor concern that legacy product transitions could temper AI momentum — a factor that contributed to intraday weakness in some coverage. American Banking News: JPMorgan Downgrade
• Negative Sentiment: Some reports noted a sell‑off despite the beat, citing guidance nuance or investor skepticism; keep an eye on whether buybacks and divestiture proceeds are executed as described. Investing.com: Market Reaction

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.