PTC (NASDAQ:PTC) Rating Lowered to Buy at Wall Street Zen

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

PTC has been the subject of a number of other reports. Piper Sandler reduced their target price on shares of PTC from $200.00 to $175.00 and set a “neutral” rating for the company in a research report on Friday, November 7th. Citigroup lowered their price target on shares of PTC from $181.00 to $166.00 and set a “neutral” rating on the stock in a report on Friday. Stifel Nicolaus set a $180.00 price objective on PTC in a report on Thursday. Weiss Ratings downgraded PTC from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Finally, Rosenblatt Securities dropped their price target on PTC from $220.00 to $200.00 and set a “buy” rating on the stock in a research report on Thursday. Eleven equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $188.08.

PTC Stock Up 1.2%

Shares of NASDAQ:PTC opened at $155.72 on Friday. PTC has a 1 year low of $133.38 and a 1 year high of $219.69. The company has a market capitalization of $18.52 billion, a PE ratio of 22.73, a price-to-earnings-growth ratio of 2.57 and a beta of 1.03. The business has a fifty day moving average price of $169.69 and a two-hundred day moving average price of $189.56. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.63 and a quick ratio of 1.43.

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

Insider Buying and Selling at PTC

In related news, EVP Kristian Talvitie sold 50,291 shares of the business’s stock in a transaction 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 sale, the executive vice president directly owned 12,386 shares in the company, valued at approximately $2,144,512.04. The trade was a 80.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Staats Aaron C. Von sold 6,328 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the executive vice president owned 22,461 shares of the company’s stock, valued at approximately $3,925,958.19. This represents a 21.98% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 61,277 shares of company stock valued at $10,624,076. 0.29% of the stock is owned by company insiders.

Hedge Funds Weigh In On PTC

Several hedge funds have recently bought and sold shares of PTC. Campbell Newman Asset Management Inc. boosted its holdings in PTC by 0.4% in the 3rd quarter. Campbell Newman Asset Management Inc. now owns 12,147 shares of the technology company’s stock valued at $2,466,000 after purchasing an additional 49 shares during the period. Diversified Trust Co raised its position in shares of PTC by 2.5% in the third quarter. Diversified Trust Co now owns 2,209 shares of the technology company’s stock worth $448,000 after buying an additional 53 shares in the last quarter. Versant Capital Management Inc boosted its stake in PTC by 37.6% during the third quarter. Versant Capital Management Inc now owns 194 shares of the technology company’s stock valued at $39,000 after buying an additional 53 shares during the period. Archford Capital Strategies LLC boosted its stake in PTC by 1.4% during the third quarter. Archford Capital Strategies LLC now owns 4,695 shares of the technology company’s stock valued at $953,000 after buying an additional 63 shares during the period. Finally, Trust Point Inc. grew its position in PTC by 3.2% during the fourth quarter. Trust Point Inc. now owns 2,035 shares of the technology company’s stock worth $355,000 after buying an additional 63 shares in the last quarter. Hedge funds and other institutional investors own 95.14% of the company’s stock.

Key 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)

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.