PTC (NASDAQ:PTC) Price Target Lowered to $190.00 at Rosenblatt Securities

PTC (NASDAQ:PTC) had its price target decreased by Rosenblatt Securities from $200.00 to $190.00 in a report published on Wednesday,Benzinga reports. Rosenblatt Securities currently has a buy rating on the technology company’s stock.

PTC has been the subject of several other reports. Oppenheimer lowered their price objective on shares of PTC from $240.00 to $200.00 and set an “outperform” rating for the company in a report on Wednesday, January 28th. KeyCorp reduced their target price on PTC from $210.00 to $195.00 and set an “overweight” rating on the stock in a report on Tuesday. Royal Bank Of Canada decreased their target price on PTC from $235.00 to $195.00 and set an “outperform” rating for the company in a research report on Thursday, February 5th. BMO Capital Markets lowered their target price on PTC from $219.00 to $189.00 and set an “outperform” rating for the company in a research note on Thursday, February 5th. Finally, Weiss Ratings lowered PTC from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Eleven analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $182.08.

PTC Stock Down 2.6%

Shares of PTC stock opened at $150.11 on Wednesday. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.31. The company’s fifty day simple moving average is $159.42 and its two-hundred day simple moving average is $179.24. The company has a market cap of $17.86 billion, a P/E ratio of 21.91, a PEG ratio of 2.52 and a beta of 1.03. PTC has a 12-month low of $133.38 and a 12-month high of $219.69.

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

Insider Buying and Selling

In other news, EVP Staats Aaron C. Von sold 240 shares of the business’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $161.10, for a total value of $38,664.00. Following the sale, the executive vice president directly owned 22,221 shares of the company’s stock, valued at $3,579,803.10. The trade was a 1.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Corinna Lathan sold 675 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $157.24, for a total value of $106,137.00. Following the completion of the sale, the director owned 8,429 shares in the company, valued at $1,325,375.96. The trade was a 7.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.29% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On PTC

Hedge funds have recently added to or reduced their stakes in the stock. Root Financial Partners LLC bought a new position in shares of PTC during the third quarter valued at $30,000. Elyxium Wealth LLC bought a new position in PTC in the 4th quarter worth about $27,000. Palladiem LLC bought a new position in PTC in the 4th quarter worth about $28,000. SJS Investment Consulting Inc. grew its position in PTC by 2,257.1% during the 3rd quarter. SJS Investment Consulting Inc. now owns 165 shares of the technology company’s stock valued at $34,000 after purchasing an additional 158 shares during the last quarter. Finally, DV Equities LLC purchased a new stake in PTC during the 4th quarter valued at about $29,000. 95.14% of the stock is owned by institutional investors.

Key PTC News

Here are the key news stories impacting PTC this week:

• Positive Sentiment: PTC announced a partnership with NVIDIA to connect its cloud‑native Onshape CAD to NVIDIA Isaac Sim, enabling faster design‑to‑simulation workflows for robotics teams — a clear product roadmap and go‑to‑market win that can expand platform stickiness and addressable market. PTC Teams with NVIDIA to Unite Design and Robotics Simulation
• Positive Sentiment: Coverage and product commentary highlights PTC’s push into AI to enhance products and internal efficiency — a structural growth theme that supports longer‑term revenue and margin expansion if adoption continues. PTC Inc (PTC) leveraging AI to enhance products and boost internal efficiency
• Positive Sentiment: Barclays initiated coverage with an “overweight” rating and $180 price target, signaling institutional support and a positive view on medium‑term upside. Barclays coverage (summary)
• Neutral Sentiment: Rosenblatt trimmed its price target from $200 to $190 but kept a “buy” rating — a modest pullback in optimism rather than a sell signal. Rosenblatt lowers price target
• Neutral Sentiment: KeyCorp lowered its target from $210 to $195 while maintaining an “overweight” rating — another case of analysts tempering upside estimates but still endorsing the stock. KeyCorp lowers price target
• Neutral Sentiment: PTC discussed potential divestitures (Kepware and ThingWorx) and provided updated financial commentary — strategic portfolio moves that create near‑term uncertainty but could simplify the business or free capital. PTC discusses divestiture and updated guidance
• Negative Sentiment: An SEC filing shows director Corinna Lathan sold 675 shares (reduced position ~7.4%), which can be interpreted by some traders as insider trimming and may pressure sentiment. Insider sale SEC filing
• Negative Sentiment: Market commentary notes PTC has recently underperformed its tech peers, which can amplify outflows when sentiment turns cautious. PTC underperforms competitors

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.