PTC (NASDAQ:PTC) Updates Q2 2026 Earnings Guidance

Posted by Micah Haroldson on Feb 6th, 2026

PTC (NASDAQ:PTC – Get Free Report) issued an update on its second quarter 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.930-2.540 for the period, compared to the consensus EPS estimate of 1.810. The company issued revenue guidance of $710.0 million-$770.0 million, compared to the consensus revenue estimate of $690.0 million.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on PTC. Royal Bank Of Canada dropped their price target on shares of PTC from $235.00 to $195.00 and set an “outperform” rating on the stock in a research report on Thursday. Citigroup lowered their price objective on shares of PTC from $185.00 to $181.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 28th. Stifel Nicolaus set a $180.00 target price on shares of PTC in a research note on Thursday. Piper Sandler reduced their price target on PTC from $200.00 to $175.00 and set a “neutral” rating for the company in a report on Friday, November 7th. Finally, Wall Street Zen raised PTC from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 3rd. 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’s stock. According to MarketBeat.com, PTC currently has a consensus rating of “Moderate Buy” and a consensus price target of $189.23.

Read Our Latest Stock Report on PTC

PTC Stock Performance

NASDAQ:PTC opened at $153.94 on Friday. The company has a market cap of $18.31 billion, a price-to-earnings ratio of 22.47, a PEG ratio of 2.53 and a beta of 1.03. PTC has a fifty-two week low of $133.38 and a fifty-two week high of $219.69. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.43 and a current ratio of 1.43. The stock has a fifty day moving average price of $170.10 and a 200-day moving average price of $189.86.

PTC (NASDAQ:PTC – Get Free Report) last announced 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. The firm 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 25.09%. The business’s revenue for the quarter was up 21.4% on a year-over-year basis. During the same period in the prior year, the company posted $1.10 earnings per share. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. As a group, equities analysts anticipate that PTC will post 4.46 EPS for the current fiscal year.

Insider Buying and Selling at PTC

In related news, EVP Kristian Talvitie sold 50,291 shares of the company’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 completion of the sale, the executive vice president directly owned 12,386 shares in the company, valued at $2,144,512.04. This represents a 80.24% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Staats Aaron C. Von sold 6,328 shares of the firm’s stock in a transaction dated Monday, December 8th. The shares were 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. This trade represents a 21.98% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 61,277 shares of company stock worth $10,624,076. Corporate insiders own 0.29% of the company’s stock.

PTC News Roundup

Here are the key news stories impacting PTC this week:

Positive Sentiment: Q1 results materially beat expectations — EPS $1.92 vs. $1.59 est. and revenue $685.8M vs. ~$635M est.; ARR and free‑cash‑flow grew, margins stayed healthy. This underpins the strong near‑term performance narrative. PTC ANNOUNCES FIRST FISCAL QUARTER 2026 RESULTS
Positive Sentiment: Management set Q2 FY26 EPS guidance of $1.93–$2.54 and revenue guidance of $710M–$770M, both above Street consensus — supports upside to near‑term estimates. PTC ANNOUNCES FIRST FISCAL QUARTER 2026 RESULTS
Positive Sentiment: PTC is executing aggressive capital returns: targeting ~$1.115B–$1.315B in share repurchases for FY26 and repurchased ~$200M in Q1 — this boosts EPS trajectory and supports the stock. PTC outlines $1.1B–$1.3B share repurchases in fiscal 2026 as deferred ARR accelerates growth
Neutral Sentiment: Management emphasized embedding AI across the portfolio and building a common AI infrastructure — a strategic positive but longer‑term in impact until measured adoption/monetization. PTC Inc. Earnings Call: Cash, AI and Buybacks Drive Outlook
Neutral Sentiment: Earnings call transcripts and slide deck are available for detail on large‑deal momentum and IPL strategy; useful for modeling but not immediate catalysts. PTC Inc. (NASDAQ:PTC) Q1 2026 earnings call transcript
Negative Sentiment: Several sell‑side firms trimmed price targets (RBC, Rosenblatt, BMO), citing valuation/longer‑term execution risks — though most kept “outperform/buy” ratings, the cuts temper upside expectations. PTC-PTC-price-target-lowered-by–at-RBC-Capital-heres-why
Negative Sentiment: Some market coverage flagged that investors initially reacted to guidance nuance and legacy‑business worries, producing headlines of a revenue‑guidance disappointment despite the beat — a near‑term sentiment headwind. PTC shares fall as revenue guidance disappoints despite Q1 beat

Institutional Investors Weigh In On PTC

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. CIBC Private Wealth Group LLC raised its holdings in PTC by 10.6% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,368 shares of the technology company’s stock valued at $278,000 after buying an additional 131 shares during the last quarter. CIBC Bancorp USA Inc. acquired a new position in PTC in the 3rd quarter valued at approximately $3,357,000. Captrust Financial Advisors raised its stake in shares of PTC by 3.9% during the third quarter. Captrust Financial Advisors now owns 10,750 shares of the technology company’s stock valued at $2,183,000 after acquiring an additional 405 shares during the last quarter. Coldstream Capital Management Inc. lifted its holdings in shares of PTC by 17.3% during the third quarter. Coldstream Capital Management Inc. now owns 3,234 shares of the technology company’s stock worth $657,000 after purchasing an additional 476 shares during the period. Finally, Danske Bank A S acquired a new position in shares of PTC during the third quarter worth $12,547,000. Institutional investors own 95.14% of the company’s stock.

About PTC

(Get Free Report)

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.