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.
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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.