Citigroup Issues Pessimistic Forecast for PTC (NASDAQ:PTC) Stock Price

PTC (NASDAQ:PTC) had its target price reduced by equities researchers at Citigroup from $181.00 to $166.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has a “neutral” rating on the technology company’s stock. Citigroup’s price target would indicate a potential upside of 6.60% from the stock’s current price.

PTC has been the subject of several other reports. Weiss Ratings cut PTC from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th. Robert W. Baird set a $255.00 price objective on PTC in a report on Wednesday, October 22nd. Oppenheimer reduced their target price on PTC from $240.00 to $200.00 and set an “outperform” rating for the company in a report on Wednesday, January 28th. Rosenblatt Securities decreased 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. Finally, BMO Capital Markets lowered their price target on shares of PTC from $219.00 to $189.00 and set an “outperform” rating on the stock in a research note on Thursday. Eleven equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, PTC has an average rating of “Moderate Buy” and a consensus target price of $188.08.

PTC Stock Up 1.2%

PTC stock opened at $155.72 on Friday. The stock has a market capitalization of $18.52 billion, a PE ratio of 22.73, a price-to-earnings-growth ratio of 2.60 and a beta of 1.03. The company has a fifty day moving average of $169.69 and a 200-day moving average of $189.47. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.43 and a current ratio of 1.63. PTC has a one year low of $133.38 and a one year high of $219.69.

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

Insider Buying and Selling at PTC

In other PTC news, EVP Kristian Talvitie sold 50,291 shares of PTC stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $173.14, for a total transaction of $8,707,383.74. Following the completion of the transaction, the executive vice president owned 12,386 shares in the company, valued at approximately $2,144,512.04. The trade was a 80.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Staats Aaron C. Von sold 6,328 shares of the company’s stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $174.79, for a total transaction of $1,106,071.12. Following the completion of the sale, the executive vice president directly owned 22,461 shares in the company, 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 ninety days. Corporate insiders own 0.29% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Elyxium Wealth LLC purchased a new stake in PTC in the 4th quarter valued at approximately $27,000. Root Financial Partners LLC acquired a new position in shares of PTC in the third quarter worth $30,000. SJS Investment Consulting Inc. lifted its position in shares of PTC by 2,257.1% in the third quarter. SJS Investment Consulting Inc. now owns 165 shares of the technology company’s stock valued at $34,000 after acquiring an additional 158 shares in the last quarter. Board of the Pension Protection Fund acquired a new stake in shares of PTC during the fourth quarter valued at $35,000. Finally, Versant Capital Management Inc increased its position in PTC by 37.6% during the 3rd quarter. Versant Capital Management Inc now owns 194 shares of the technology company’s stock worth $39,000 after purchasing an additional 53 shares in the last quarter. 95.14% of the stock is currently owned by institutional investors and hedge funds.

PTC News Roundup

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)

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.