PTC (NASDAQ:PTC) Releases FY 2026 Earnings Guidance

PTC (NASDAQ:PTC) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 7.870-8.420 for the period, compared to the consensus estimate of 7.720. The company issued revenue guidance of $2.7 billion-$3.8 billion, compared to the consensus revenue estimate of $2.7 billion.

PTC Stock Up 3.9%

PTC stock traded up $4.95 during mid-day trading on Wednesday, reaching $132.46. The company had a trading volume of 2,787,279 shares, compared to its average volume of 1,424,987. The company has a market capitalization of $15.30 billion, a price-to-earnings ratio of 12.64, a PEG ratio of 1.83 and a beta of 0.99. PTC has a 52 week low of $108.50 and a 52 week high of $219.69. The stock has a 50 day simple moving average of $126.60 and a two-hundred day simple moving average of $142.46. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.23 and a quick ratio of 1.23.

PTC (NASDAQ:PTC) last released its quarterly earnings data on Wednesday, July 29th. The technology company reported $1.58 EPS for the quarter, beating the consensus estimate of $1.57 by $0.01. The company had revenue of $600.05 million during the quarter, compared to the consensus estimate of $611.62 million. PTC had a return on equity of 25.84% and a net margin of 41.81%.PTC has set its FY 2026 guidance at 7.870-8.420 EPS. As a group, equities analysts predict that PTC will post 6.35 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on PTC. Robert W. Baird set a $198.00 target price on shares of PTC in a report on Thursday, May 7th. BNP Paribas Exane initiated coverage on PTC in a research report on Thursday, June 18th. They issued a “neutral” rating and a $130.00 price objective for the company. Wall Street Zen downgraded PTC from a “buy” rating to a “hold” rating in a research note on Saturday, June 27th. Berenberg Bank set a $170.00 price target on PTC in a report on Wednesday, May 27th. Finally, Barclays reduced their price objective on shares of PTC from $185.00 to $150.00 and set an “overweight” rating for the company in a research report on Monday, July 13th. Seven equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $172.50.

Insider Buying and Selling at PTC

In other news, CAO Alice Christenson sold 816 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $145.82, for a total transaction of $118,989.12. Following the completion of the sale, the chief accounting officer owned 1,265 shares of the company’s stock, valued at approximately $184,462.30. This represents a 39.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.29% of the company’s stock.

Institutional Investors Weigh In On PTC

A number of hedge funds have recently made changes to their positions in the stock. DV Equities LLC acquired a new stake in PTC during the 4th quarter valued at approximately $29,000. Quarry LP lifted its position in shares of PTC by 86.2% in the 3rd quarter. Quarry LP now owns 203 shares of the technology company’s stock worth $41,000 after purchasing an additional 94 shares during the period. Osterweis Capital Management Inc. acquired a new position in shares of PTC in the 4th quarter worth approximately $50,000. Geneos Wealth Management Inc. boosted its stake in shares of PTC by 34.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 297 shares of the technology company’s stock valued at $46,000 after purchasing an additional 76 shares during the last quarter. Finally, MUFG Securities EMEA plc bought a new stake in shares of PTC in the 2nd quarter valued at $61,000. 95.14% of the stock is currently owned by institutional investors and hedge funds.

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.