PTC (NASDAQ:PTC) Issues FY 2026 Earnings Guidance

PTC (NASDAQ:PTC) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 6.650-8.900 for the period, compared to the consensus earnings per share estimate of 7.370. The company issued revenue guidance of $2.6 billion-$2.8 billion, compared to the consensus revenue estimate of $2.7 billion. PTC also updated its Q3 2026 guidance to 1.240-1.780 EPS.

PTC Stock Performance

PTC stock opened at $147.65 on Friday. PTC has a 52 week low of $130.89 and a 52 week high of $219.69. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.31. The stock has a market cap of $17.57 billion, a P/E ratio of 14.09, a price-to-earnings-growth ratio of 2.38 and a beta of 0.98. The stock has a 50 day moving average of $146.29 and a 200-day moving average of $163.60.

PTC (NASDAQ:PTC) last issued its quarterly earnings results on Wednesday, May 6th. The technology company reported $2.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.06 by $0.63. The business had revenue of $774.30 million during the quarter, compared to analyst estimates of $712.40 million. PTC had a net margin of 41.81% and a return on equity of 26.07%. The business’s revenue was up 21.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.79 earnings per share. PTC has set its FY 2026 guidance at 6.650-8.900 EPS and its Q3 2026 guidance at 1.240-1.780 EPS. On average, analysts expect that PTC will post 6.13 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

PTC has been the topic of a number of recent analyst reports. Wall Street Zen upgraded shares of PTC from a “hold” rating to a “buy” rating in a research note on Saturday, April 18th. Oppenheimer decreased their price target on PTC from $240.00 to $200.00 and set an “outperform” rating for the company in a research note on Wednesday, January 28th. Stifel Nicolaus set a $180.00 price objective on PTC in a report on Thursday, February 5th. Citigroup cut their price objective on PTC from $166.00 to $146.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 29th. Finally, JPMorgan Chase & Co. downgraded PTC from a “neutral” rating to an “underweight” rating and reduced their target price for the stock from $205.00 to $162.00 in a report on Monday, February 2nd. Ten investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $176.54.

Insider Transactions at PTC

In other news, EVP Staats Aaron C. Von sold 240 shares of PTC stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $161.10, for a total value of $38,664.00. Following the completion of the transaction, the executive vice president directly owned 22,221 shares of the company’s stock, valued at approximately $3,579,803.10. The trade was a 1.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Corinna Lathan sold 675 shares of the business’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $157.24, for a total transaction of $106,137.00. Following the sale, the director directly owned 8,429 shares of the company’s stock, valued at approximately $1,325,375.96. This represents a 7.41% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.29% of the company’s stock.

More PTC News

Here are the key news stories impacting PTC this week:

• Positive Sentiment: Q2 beat and raised full‑year outlook — PTC reported Q2 EPS $2.69 (vs. consensus ~ $2.06) and revenue $774.3M, then raised FY‑2026 revenue to $2.58B–$2.82B and non‑GAAP EPS to $6.65–$8.90, which drove investor confidence. PTC ANNOUNCES SECOND FISCAL QUARTER 2026 RESULTS
• Positive Sentiment: Large, immediate and multi‑year buybacks — PTC repurchased roughly $625M in Q2, is targeting ~$1.225B–$1.325B for FY‑26 and authorized a new $2B repurchase program for FY‑27/28, boosting EPS leverage and returning capital. PTC jumps 7% after Q2 results, higher FY26 outlook and big buyback plan
• Positive Sentiment: AI‑led product demand and ARR strength — Management cited AI‑driven product modernization as a growth driver; constant‑currency ARR growth was ~8.5% excluding divested businesses and operating/free cash flow rose ~14% YoY. PTC Q2 Earnings & Revenues Beat on AI-Led ARR Strength, Shares Jump
• Positive Sentiment: Commercial validation / new contract wins — The U.S. Army designated PTC’s Windchill PLM as its official enterprise PDM/PLM solution, a sign of large‑scale customer adoption and potential long‑term contract/renewal activity. PTC’s Windchill PLM designated by U.S. Army
• Neutral Sentiment: Quarterly guidance range has mixed read — Q3 EPS guidance (1.240–1.780) spans below and above the consensus (1.600), leaving some short‑term uncertainty on the coming quarter even as full‑year guidance was raised. PTC earnings details / guidance
• Neutral Sentiment: Analyst views and fund flows mixed — Street price targets are varied (median ~ $185) and some institutional moves show rebalancing (e.g., reported fund reductions), which could temper momentum. PTC Releases Q2 2026 Earnings, Stock Rises
• Negative Sentiment: Insider selling noted — public filings show Insider share sales in recent months; while not uncommon, ongoing insider sales can be viewed negatively by some investors. PTC jumps 7% after Q2 results, higher FY26 outlook and big buyback plan

Institutional Trading of PTC

Several hedge funds have recently made changes to their positions in the stock. DV Equities LLC bought a new position in PTC during the 4th quarter worth $29,000. Quarry LP lifted its stake in PTC by 86.2% in the third quarter. Quarry LP now owns 203 shares of the technology company’s stock valued at $41,000 after buying an additional 94 shares during the last quarter. Geneos Wealth Management Inc. boosted its holdings in shares of PTC by 34.4% during the first quarter. Geneos Wealth Management Inc. now owns 297 shares of the technology company’s stock valued at $46,000 after acquiring an additional 76 shares during the period. Osterweis Capital Management Inc. acquired a new position in shares of PTC during the fourth quarter valued at $50,000. Finally, MUFG Securities EMEA plc bought a new position in shares of PTC during the second quarter worth about $61,000. Institutional investors own 95.14% of the company’s stock.

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.