PTC (NASDAQ:PTC) Cut to Buy at Wall Street Zen

PTC (NASDAQ:PTC) was downgraded by equities research analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a note issued to investors on Saturday.

PTC has been the topic of a number of other research reports. Rosenblatt Securities dropped their target price on shares of PTC from $220.00 to $200.00 and set a “buy” rating on the stock in a research report on Thursday. Stifel Nicolaus set a $180.00 price target on shares of PTC in a research note on Thursday. Robert W. Baird set a $255.00 price objective on shares of PTC in a research report on Wednesday, October 22nd. JPMorgan Chase & Co. downgraded PTC from a “neutral” rating to an “underweight” rating and reduced their target price for the company from $205.00 to $162.00 in a research note on Monday, February 2nd. Finally, Oppenheimer dropped their price target on PTC from $240.00 to $200.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 28th. Eleven investment 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. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $188.08.

PTC Stock Performance

Shares of PTC stock opened at $155.72 on Friday. The company has a market cap of $18.52 billion, a P/E ratio of 22.73, a PEG ratio of 2.57 and a beta of 1.03. The company has a current ratio of 1.63, a quick ratio of 1.43 and a debt-to-equity ratio of 0.31. The business has a 50-day moving average price of $169.69 and a two-hundred day moving average price of $189.56. PTC has a 1-year low of $133.38 and a 1-year high of $219.69.

PTC (NASDAQ:PTC) last released its earnings results on Wednesday, February 4th. The technology company reported $1.92 EPS for the quarter, topping the consensus estimate of $1.59 by $0.33. PTC had a return on equity of 24.63% and a net margin of 28.86%.The business had revenue of $685.83 million during the quarter, compared to analysts’ expectations of $635.44 million. During the same quarter last year, the firm posted $1.10 earnings per share. The firm’s revenue was up 21.4% on a year-over-year basis. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. As a group, analysts anticipate that PTC will post 4.46 EPS for the current year.

Insider Transactions at PTC

In related news, EVP Kristian Talvitie sold 50,291 shares of PTC stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $173.14, for a total transaction of $8,707,383.74. Following the transaction, the executive vice president owned 12,386 shares of the company’s stock, valued at $2,144,512.04. The trade was a 80.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Staats Aaron C. Von sold 6,328 shares of the company’s 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 sale, the executive vice president owned 22,461 shares of the company’s stock, valued at $3,925,958.19. This trade represents a 21.98% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 61,277 shares of company stock valued at $10,624,076 in the last quarter. Company insiders own 0.29% of the company’s stock.

Hedge Funds Weigh In On PTC

A number of hedge funds have recently bought and sold shares of the company. CFO4Life Group LLC bought a new stake in shares of PTC in the 4th quarter worth $283,000. EverSource Wealth Advisors LLC boosted its holdings in PTC by 12.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 663 shares of the technology company’s stock worth $115,000 after purchasing an additional 75 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. grew its position in PTC by 3.7% in the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 2,316 shares of the technology company’s stock worth $403,000 after purchasing an additional 83 shares in the last quarter. Tensor Edge Capital LLC bought a new stake in PTC in the 4th quarter worth about $26,132,000. Finally, Global Retirement Partners LLC increased its stake in PTC by 257.1% in the 4th quarter. Global Retirement Partners LLC now owns 875 shares of the technology company’s stock valued at $152,000 after buying an additional 630 shares during 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: Q1 beat and strong growth — PTC reported $1.92 EPS vs. $1.59 consensus and revenue of ~$685.8M (up ~21% YoY), driven by large deal momentum and IPL strategy traction. PTC Q1 Earnings & Revenues Top
• Positive Sentiment: Upbeat guidance — management gave Q2 EPS guidance of $1.93–$2.54 and revenue guidance of $710M–$770M, above consensus, supporting near‑term revenue and earnings growth expectations. PTC Announces First Fiscal Quarter 2026 Results
• Positive Sentiment: Large buyback and cash focus — PTC outlined a $1.1B–$1.3B share repurchase program and emphasized cash generation, which is supportive for EPS and shareholder returns. PTC outlines $1.1B–$1.3B share repurchases
• Neutral Sentiment: Earnings call color — management highlighted AI initiatives, cash and buybacks as growth drivers; readouts/transcripts provide additional detail but contain no new financials beyond the release. PTC Inc. Earnings Call: Cash, AI and Buybacks Drive Outlook
• Neutral Sentiment: Transcripts and highlights available for drill‑down — investors can review the full Q1 call and transcripts for guidance detail and management commentary. PTC Q1 Earnings Call Highlights Earnings Call Transcript
• Negative Sentiment: Analysts trimmed price targets — several firms (Citigroup, RBC, Rosenblatt, BMO) lowered targets, signaling more cautious near‑term sentiment despite maintained ratings; this likely capped upside and contributed to mixed trading. Benzinga (price target moves) The Fly (RBC target cut)
• Negative Sentiment: Mixed market reaction — some outlets noted shares fell in early trading despite the beat, suggesting that positioning, target cuts and investor expectations on growth/ARR cadence drove volatility. Investing.com (shares fall)

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.