PTC Inc

PTC Inc Stock Forecast & Price Prediction

Live PTC Inc Stock (PTC) Price
$192.83

15

Ratings

  • Buy 11
  • Hold 3
  • Sell 1
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$192.83

P/E Ratio

61.80

Volume Traded Today

$1.6M

Dividend

Dividends not available for PTC

52 Week High/low

199.48/151.50

PTC Inc Market Cap

$23.17B

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PTC Summary

From what 15 stock analysts predict, the share price for PTC Inc (PTC) might increase by 8.04% in the next year. This is based on a 12-month average estimation for PTC. Price targets go from $159.21 to $240. The majority of stock analysts believe PTC is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

PTC Analyst Ratings

About 15 Wall Street analysts have assigned PTC 11 buy ratings, 3 hold ratings, and 1 sell ratings. This means that analysts expect PTC Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on PTC. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

PTC stock forecast by analyst

These are the latest 20 analyst ratings of PTC.

Analyst/Firm

Rating

Price Target

Change

Date

Matthew Hedberg
RBC Capital

Outperform

$230

Maintains

Nov 7, 2024
Clarke Jeffries
Piper Sandler

Neutral

$202

Maintains

Nov 7, 2024
Joe Vruwink
Baird

Outperform

$228

Maintains

Nov 7, 2024
Joe Vruwink
Baird

Outperform

$226

Maintains

Oct 22, 2024
Blair Abernethy
Rosenblatt

Buy

$195

Maintains

Oct 10, 2024
Matthew Hedberg
RBC Capital

Outperform

$202

Reiterates

Aug 1, 2024
Daniel Jester
BMO Capital

Outperform

$206

Maintains

Aug 1, 2024
Blair Abernethy
Rosenblatt

Buy

$195

Maintains

Aug 1, 2024
Clarke Jeffries
Piper Sandler

Neutral

$182

Maintains

Aug 1, 2024
Matthew Broome
Mizuho

Neutral

$190

Downgrade

Jun 4, 2024
Tyler Radke
Citigroup

Neutral

$187

Maintains

May 2, 2024
Joe Vruwink
Baird

Outperform

$216

Maintains

May 2, 2024
Matthew Broome
Mizuho

Buy

$200

Maintains

May 2, 2024
Blair Abernethy
Rosenblatt

Buy

$195

Maintains

Apr 12, 2024
Saket Kalia
Barclays

Overweight

$215

Maintains

Apr 11, 2024
Joe Vruwink
Baird

Outperform

$210

Maintains

Apr 2, 2024
Matthew Broome
Mizuho

Buy

$210

Maintains

Feb 1, 2024
Matthew Hedberg
RBC Capital

Outperform

$202

Reiterates

Feb 1, 2024
Blair Abernethy
Rosenblatt

Buy

$195

Maintains

Feb 1, 2024
Ken Wong
Oppenheimer

Outperform

$210

Maintains

Feb 1, 2024

PTC Company Information

What They Do: Provides software solutions for product development and management.

Business Model: PTC Inc. generates revenue by offering a diverse range of software solutions that enhance product development, management, and service processes. Their products cater to various industries through subscription-based models, allowing clients to access tools for lifecycle management, Internet of Things, and augmented reality, thereby enabling increased operational efficiency and collaboration.

Other Information: Founded in 1985 and headquartered in Boston, Massachusetts, PTC operates globally across the Americas, Europe, and Asia Pacific. The company boasts a comprehensive portfolio that includes PLM solutions, industrial connectivity tools, and cloud-based design platforms, positioning itself as a key player in digital transformation for manufacturers and service providers.
PTC
PTC Inc (PTC)

When did it IPO

1990

Staff Count

7,452

Country

United States

Sector/Industry

Technology/Software - Application

CEO

Mr. Neil Barua

Market Cap

$23.17B

PTC Inc (PTC) Financial Data

In 2023, PTC generated $2.10B in revenue, which was a increase of 8.47% from the previous year. This can be seen as a signal that PTC's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$1.46B

Revenue From 2021

$1.81B

23.91 %
From Previous Year

Revenue From 2022

$1.93B

6.98 %
From Previous Year

Revenue From 2023

$2.10B

8.47 %
From Previous Year
  • Revenue TTM $2.30B
  • Operating Margin TTM 31.0%
  • Gross profit TTM $1.66B
  • Return on assets TTM 5.8%
  • Return on equity TTM 12.8%
  • Profit Margin 16.4%
  • Book Value Per Share 26.76%
  • Market capitalisation $23.17B
  • Revenue for 2021 $1.81B
  • Revenue for 2022 $1.93B
  • Revenue for 2023 $2.10B
  • EPS this year (TTM) $3.12

PTC Inc (PTC) Latest News

News Image

Wed, 06 Nov 2024

Sentiment - NEGATIVE

Source - Reuters

Summary - PTC forecasts Q1 revenue below estimates, indicating ongoing weak demand for industrial design and testing software due to companies' budget constraints.

Why It Matters - PTC's revenue forecast below estimates indicates weakening demand in the industrial sector, which may lead to lower investor confidence and impact stock performance.

News Image

Wed, 06 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - PTC Inc. reported its Q4 2024 earnings, detailing financial performance and future outlook. For specific figures and insights, refer to the full earnings call transcript.

Why It Matters - The PTC Q4 2024 earnings call provides insights into the company's financial performance, growth prospects, and strategic direction, influencing investor sentiment and stock valuation.

News Image

Wed, 06 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - PTC reported solid annual recurring revenue (ARR) growth in the low double-digits and over 20% cash flow growth for the fiscal year ended September 30, 2024.

Why It Matters - Strong annual recurring revenue (ARR) and cash flow growth indicate PTC's financial health and operational efficiency, potentially boosting investor confidence and stock performance.

News Image

Tue, 05 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - PTC's fiscal Q4 performance is expected to benefit from strong growth in PLM and CAD segments, despite currency fluctuations.

Why It Matters - Strong performance in PTC's PLM and CAD segments signals growth potential, while forex fluctuations may impact future earnings, influencing investment decisions.

News Image

Wed, 06 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - PTC Inc. reported quarterly earnings of $1.54 per share, surpassing the Zacks Consensus Estimate of $1.43 and up from $1.20 per share year-over-year.

Why It Matters - PTC's earnings beat estimates and show significant year-over-year growth, indicating strong performance and potential for future stock appreciation.

News Image

Wed, 06 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - PTC Inc. (PTC) reported its revenue and EPS for the quarter ending September 2024, highlighting the importance of comparing these figures with Wall Street estimates and year-ago performance.

Why It Matters - Comparing PTC's revenue and EPS with Wall Street estimates and previous year figures indicates performance trends, impacting investor sentiment and stock valuation.

...

PTC Frequently asked questions

The highest forecasted price for PTC is $240 from at .

The lowest forecasted price for PTC is $159.21 from from

The PTC analyst ratings consensus are 11 buy ratings, 3 hold ratings, and 1 sell ratings.