BMO Capital Markets Cuts PTC (NASDAQ:PTC) Price Target to $189.00

PTC (NASDAQ:PTC) had its price objective reduced by BMO Capital Markets from $219.00 to $189.00 in a report released on Thursday morning, MarketBeat Ratings reports. They currently have an outperform rating on the technology company’s stock.

Several other analysts have also commented on PTC. Piper Sandler reduced their price target on shares of PTC from $200.00 to $175.00 and set a “neutral” rating on the stock in a research report on Friday, November 7th. Rosenblatt Securities restated a “buy” rating and issued a $220.00 target price on shares of PTC in a research report on Tuesday, January 27th. Weiss Ratings lowered PTC from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Wall Street Zen raised PTC from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 3rd. Finally, JPMorgan Chase & Co. lowered shares of PTC from a “neutral” rating to an “underweight” rating and reduced their price objective for the company from $205.00 to $162.00 in a report on Monday, February 2nd. Eleven equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, PTC presently has a consensus rating of “Moderate Buy” and an average target price of $188.08.

PTC Stock Up 1.2%

NASDAQ:PTC opened at $155.72 on Thursday. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.63 and a quick ratio of 1.43. The company’s fifty day moving average price is $169.69 and its 200-day moving average price is $189.47. PTC has a 1-year low of $133.38 and a 1-year high of $219.69. The firm has a market capitalization of $18.52 billion, a P/E ratio of 22.73, a PEG ratio of 2.60 and a beta of 1.03.

PTC (NASDAQ:PTC) last posted its quarterly earnings results on Wednesday, February 4th. The technology company reported $1.92 EPS for the quarter, beating the consensus estimate of $1.59 by $0.33. The company had revenue of $685.83 million for the quarter, compared to analyst estimates of $635.44 million. PTC had a net margin of 28.86% and a return on equity of 24.63%. The firm’s revenue was up 21.4% on a year-over-year basis. During the same period in the prior year, the company earned $1.10 earnings per share. 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 EPS for the current year.

Insiders Place Their Bets

In related news, EVP Staats Aaron C. Von sold 6,328 shares of the company’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 completion of the sale, the executive vice president directly owned 22,461 shares of the company’s stock, valued at approximately $3,925,958.19. This represents a 21.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Kristian Talvitie sold 50,291 shares of the firm’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $173.14, for a total transaction of $8,707,383.74. Following the completion of the transaction, the executive vice president owned 12,386 shares in the company, valued at $2,144,512.04. The trade was a 80.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 61,277 shares of company stock valued at $10,624,076 over the last 90 days. 0.29% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On PTC

A number of institutional investors have recently added to or reduced their stakes in the company. Elyxium Wealth LLC bought a new stake in shares of PTC in the 4th quarter worth approximately $27,000. Root Financial Partners LLC acquired a new position in shares of PTC in the third quarter valued at $30,000. SJS Investment Consulting Inc. raised its stake in shares of PTC by 2,257.1% in the third quarter. SJS Investment Consulting Inc. now owns 165 shares of the technology company’s stock valued at $34,000 after purchasing an additional 158 shares in the last quarter. Board of the Pension Protection Fund bought a new position in PTC in the fourth quarter worth $35,000. Finally, Versant Capital Management Inc boosted its stake in PTC by 37.6% during the third quarter. Versant Capital Management Inc now owns 194 shares of the technology company’s stock worth $39,000 after buying an additional 53 shares in the last quarter. 95.14% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting PTC

Here are the key news stories impacting PTC this week:

• Positive Sentiment: Q1 beat and strong growth — PTC reported $1.92 EPS vs. $1.59 consensus and revenue of ~$685.8M (up ~21% YoY), driven by large deal momentum and IPL strategy traction. PTC Q1 Earnings & Revenues Top
• Positive Sentiment: Upbeat guidance — management gave Q2 EPS guidance of $1.93–$2.54 and revenue guidance of $710M–$770M, above consensus, supporting near‑term revenue and earnings growth expectations. PTC Announces First Fiscal Quarter 2026 Results
• Positive Sentiment: Large buyback and cash focus — PTC outlined a $1.1B–$1.3B share repurchase program and emphasized cash generation, which is supportive for EPS and shareholder returns. PTC outlines $1.1B–$1.3B share repurchases
• Neutral Sentiment: Earnings call color — management highlighted AI initiatives, cash and buybacks as growth drivers; readouts/transcripts provide additional detail but contain no new financials beyond the release. PTC Inc. Earnings Call: Cash, AI and Buybacks Drive Outlook
• Neutral Sentiment: Transcripts and highlights available for drill‑down — investors can review the full Q1 call and transcripts for guidance detail and management commentary. PTC Q1 Earnings Call Highlights Earnings Call Transcript
• Negative Sentiment: Analysts trimmed price targets — several firms (Citigroup, RBC, Rosenblatt, BMO) lowered targets, signaling more cautious near‑term sentiment despite maintained ratings; this likely capped upside and contributed to mixed trading. Benzinga (price target moves) The Fly (RBC target cut)
• Negative Sentiment: Mixed market reaction — some outlets noted shares fell in early trading despite the beat, suggesting that positioning, target cuts and investor expectations on growth/ARR cadence drove volatility. Investing.com (shares fall)

PTC Company Profile

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.