Royal Bank Of Canada Cuts PTC (NASDAQ:PTC) Price Target to $195.00

PTC (NASDAQ:PTC) had its price target decreased by Royal Bank Of Canada from $235.00 to $195.00 in a research report report published on Thursday, MarketBeat Ratings reports. Royal Bank Of Canada currently has an outperform rating on the technology company’s stock.

Other research analysts also recently issued reports about the company. Robert W. Baird set a $255.00 price target on PTC in a report on Wednesday, October 22nd. BMO Capital Markets decreased their target price on PTC from $219.00 to $189.00 and set an “outperform” rating for the company in a research report on Thursday. Rosenblatt Securities dropped their price target on shares of PTC from $220.00 to $200.00 and set a “buy” rating on the stock in a report on Thursday. Weiss Ratings lowered shares of PTC from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Finally, KeyCorp set a $210.00 price objective on shares of PTC in a report on Thursday. 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’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $188.08.

PTC Price Performance

Shares of PTC stock opened at $155.72 on Thursday. The business has a 50 day moving average of $169.69 and a 200 day moving average of $189.47. PTC has a 52 week low of $133.38 and a 52 week high of $219.69. The company has a market cap of $18.52 billion, a PE ratio of 22.73, a P/E/G ratio of 2.60 and a beta of 1.03. The company has a quick ratio of 1.43, a current ratio of 1.63 and a debt-to-equity ratio of 0.31.

PTC (NASDAQ:PTC) last posted its quarterly earnings data on Wednesday, February 4th. The technology company reported $1.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $635.44 million. During the same quarter in the prior year, the company earned $1.10 earnings per share. The firm’s quarterly revenue was up 21.4% compared to the same quarter last year. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. As a group, equities research analysts forecast that PTC will post 4.46 earnings per share for the current year.

Insider Activity at PTC

In other news, EVP Staats Aaron C. Von sold 6,328 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the executive vice president directly owned 22,461 shares in the company, valued at $3,925,958.19. The trade was a 21.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Kristian Talvitie sold 50,291 shares of the stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $173.14, for a total value of $8,707,383.74. Following the transaction, the executive vice president owned 12,386 shares in the company, valued at $2,144,512.04. This trade represents a 80.24% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 61,277 shares of company stock worth $10,624,076. 0.29% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On PTC

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Elyxium Wealth LLC acquired a new position in shares of PTC during the 4th quarter worth about $27,000. Root Financial Partners LLC acquired a new stake in PTC in the 3rd quarter worth about $30,000. SJS Investment Consulting Inc. increased its stake in PTC by 2,257.1% during the 3rd quarter. SJS Investment Consulting Inc. now owns 165 shares of the technology company’s stock worth $34,000 after buying an additional 158 shares in the last quarter. Board of the Pension Protection Fund purchased a new stake in PTC during the 4th quarter worth approximately $35,000. Finally, Versant Capital Management Inc raised its holdings in shares of 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 acquiring an additional 53 shares during the last quarter. 95.14% of the stock is owned by hedge funds and other institutional investors.

PTC News Summary

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.