PTC (NASDAQ:PTC) Price Target Cut to $195.00 by Analysts at Royal Bank Of Canada

PTC (NASDAQ:PTC) had its target price reduced by Royal Bank Of Canada from $235.00 to $195.00 in a research note issued to investors on Thursday morning, MarketBeat.com reports. They currently have an outperform rating on the technology company’s stock.

Several other equities analysts have also issued reports on the stock. Citigroup dropped their target price on shares of PTC from $185.00 to $181.00 and set a “neutral” rating on the stock in a report on Wednesday, January 28th. Oppenheimer dropped their price objective on PTC from $240.00 to $200.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 28th. Wall Street Zen raised PTC from a “buy” rating to a “strong-buy” rating in a research note on Saturday, January 3rd. BMO Capital Markets dropped their price target on PTC from $219.00 to $189.00 and set an “outperform” rating on the stock in a research note on Thursday. Finally, Piper Sandler cut their price target on PTC from $200.00 to $175.00 and set a “neutral” rating on the stock in a report on Friday, November 7th. Eleven 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. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $189.23.

PTC Price Performance

Shares of PTC opened at $153.94 on Thursday. The business has a 50-day moving average of $170.10 and a 200-day moving average of $189.86. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.43 and a quick ratio of 1.43. The company has a market capitalization of $18.31 billion, a price-to-earnings ratio of 22.47, a price-to-earnings-growth ratio of 2.53 and a beta of 1.03. PTC has a 1 year low of $133.38 and a 1 year high of $219.69.

PTC (NASDAQ:PTC) last released its earnings results on Wednesday, February 4th. The technology company reported $1.92 earnings per share for the quarter, beating analysts’ consensus estimates of $1.59 by $0.33. The business had revenue of $685.83 million during 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 25.09%. The company’s revenue for the quarter was up 21.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.10 EPS. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. As a group, equities research analysts anticipate that PTC will post 4.46 earnings per share for the current year.

Insider Buying and Selling

In related news, EVP Kristian Talvitie sold 50,291 shares of PTC stock in a transaction 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 completion of the sale, the executive vice president owned 12,386 shares of the company’s stock, valued at approximately $2,144,512.04. This trade represents a 80.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Staats Aaron C. Von sold 6,328 shares of the business’s stock in a transaction on Monday, December 8th. The shares were sold at an average price of $174.79, for a total transaction of $1,106,071.12. Following the sale, the executive vice president owned 22,461 shares of the company’s stock, valued at $3,925,958.19. This trade represents a 21.98% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 61,277 shares of company stock valued at $10,624,076 in the last three months. Insiders own 0.29% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in PTC. Norges Bank acquired a new stake in shares of PTC in the 2nd quarter worth about $155,673,000. CCLA Investment Management purchased a new stake in shares of PTC in the second quarter worth approximately $94,629,000. Voloridge Investment Management LLC lifted its holdings in shares of PTC by 856.8% in the third quarter. Voloridge Investment Management LLC now owns 465,814 shares of the technology company’s stock valued at $94,570,000 after purchasing an additional 417,130 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of PTC by 2.9% during the second quarter. Vanguard Group Inc. now owns 14,748,971 shares of the technology company’s stock valued at $2,541,838,000 after buying an additional 416,791 shares during the last quarter. Finally, Lazard Asset Management LLC grew its holdings in PTC by 31.4% during the second quarter. Lazard Asset Management LLC now owns 1,547,622 shares of the technology company’s stock worth $266,715,000 after buying an additional 370,097 shares in the last quarter. 95.14% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about PTC

Here are the key news stories impacting PTC this week:

• Positive Sentiment: Q1 results materially beat expectations — EPS of $1.92 (+75% YoY) and revenue up ~21% to $685.8M, topping consensus and driven by large deal momentum and ARR growth. Zacks: Q1 Earnings
• Positive Sentiment: Company raised FYQ2 guidance above Street estimates (EPS range $1.93–$2.54; revenue $710M–$770M), signaling confidence in near‑term growth. PTC Press Release / Slide Deck
• Positive Sentiment: Large buyback program unveiled — targeting ~$1.115B–$1.315B in FY‑26 and $200M repurchased in Q1; company plans to use net after‑tax proceeds from divestitures for additional repurchases, which is shareholder‑friendly and supportive of EPS. MSN: Buybacks
• Positive Sentiment: Management highlighted AI embedding across the portfolio and a common AI infrastructure on the earnings call, positioning PTC to capture AI-driven enterprise spend alongside its Intelligent Product Lifecycle strategy. TipRanks: Earnings Call Highlights
• Neutral Sentiment: Operational metrics show ARR growth (8.4% constant currency; 9.0% ex certain assets) and improving cash flow, which supports the buyback plan but leaves questions around legacy product transitions. PR Newswire: Q1 Results
• Negative Sentiment: Several analysts trimmed price targets (RBC: $235→$195; Rosenblatt: $220→$200; BMO: $219→$189) even while many kept buy/outperform ratings — lowers near‑term upside expectations and may cap the stock multiple. The Fly / Benzinga: Analyst Moves
• Negative Sentiment: JPMorgan downgraded PTC to Underweight, and some outlets flagged investor concern that legacy product transitions could temper AI momentum — a factor that contributed to intraday weakness in some coverage. American Banking News: JPMorgan Downgrade
• Negative Sentiment: Some reports noted a sell‑off despite the beat, citing guidance nuance or investor skepticism; keep an eye on whether buybacks and divestiture proceeds are executed as described. Investing.com: Market Reaction

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.