PTC (NASDAQ:PTC) Issues FY 2026 Earnings Guidance

PTC (NASDAQ:PTC) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) 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.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Stifel Nicolaus set a $180.00 price objective on shares of PTC in a research report on Thursday, February 5th. KeyCorp reduced their target price on shares of PTC from $210.00 to $195.00 and set an “overweight” rating for the company in a research note on Tuesday, March 17th. JPMorgan Chase & Co. cut PTC from a “neutral” rating to an “underweight” rating and lowered their target price for the stock from $205.00 to $162.00 in a report on Monday, February 2nd. Citigroup dropped their price target 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, Oppenheimer reduced their price objective on PTC from $240.00 to $200.00 and set an “outperform” rating for the company in a research report on Wednesday, January 28th. Ten research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, PTC has an average rating of “Moderate Buy” and a consensus target price of $180.54.

PTC Stock Down 0.6%

Shares of PTC stock traded down $0.79 during trading on Wednesday, reaching $136.76. The company’s stock had a trading volume of 4,091,831 shares, compared to its average volume of 1,171,320. The business has a fifty day moving average price of $146.69 and a 200-day moving average price of $164.45. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.31. The company has a market cap of $16.27 billion, a price-to-earnings ratio of 19.96, a price-to-earnings-growth ratio of 2.40 and a beta of 0.98. PTC has a one year low of $130.89 and a one year high of $219.69.

PTC (NASDAQ:PTC) last released its earnings results on Wednesday, May 6th. The technology company reported $2.69 earnings per share for the quarter, beating analysts’ consensus estimates of $2.06 by $0.63. PTC had a net margin of 28.86% and a return on equity of 24.63%. The business had revenue of $774.30 million during the quarter, compared to the consensus estimate of $712.40 million. PTC has set its FY 2026 guidance at 6.650-8.900 EPS and its Q3 2026 guidance at 1.240-1.780 EPS. Analysts anticipate that PTC will post 6.13 earnings per share for the current year.

Insider Activity

In related news, EVP Staats Aaron C. Von sold 240 shares of PTC stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $161.10, for a total value of $38,664.00. Following the sale, the executive vice president 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Corinna Lathan sold 675 shares of the company’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $157.24, for a total value of $106,137.00. Following the sale, the director owned 8,429 shares in the company, valued at $1,325,375.96. The trade was a 7.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.29% of the stock is owned by company insiders.

PTC News Roundup

Here are the key news stories impacting PTC this week:

• Positive Sentiment: Q2 earnings and revenue beat — PTC reported $2.69 EPS and $774.3M revenue, comfortably above consensus, signaling solid execution and margin strength. Article Title
• Positive Sentiment: Raised annual revenue outlook on steady software demand — Reuters notes management lifted its revenue forecast, reflecting durable ARR and software demand. Article Title
• Positive Sentiment: Large share repurchases and new authorization — PTC used ~ $625M for repurchases in Q2, targets ~$1.225–1.325B for FY’26 and authorized a new $2B buyback for FY’27–FY’28, supporting shareholder returns. Article Title
• Positive Sentiment: U.S. Army selects Windchill PLM — designation as the Army’s official ePDM/PLM solution is a strategic, enterprise-scale win that can drive long-term license, services and sustainment revenue. Article Title
• Positive Sentiment: Codebeamer commercial traction — Hamilton Medical selected Codebeamer ALM and will collaborate with PTC, supporting cross-sell of ALM/PLM capabilities in regulated industries. Article Title
• Neutral Sentiment: Mixed FY/Q3 guidance — PTC set FY26 EPS of $6.65–$8.90 and Q3 EPS of $1.24–$1.78; ranges are wide and overlap/straddle analyst expectations, leaving guidance interpretation ambiguous for near-term estimates. Article Title
• Negative Sentiment: Institutional repositioning and insider sales — data show large mutual fund reductions (e.g., T. Rowe, UBS AM) and multiple insider sales, which can add selling pressure despite the operational positives. Article Title

Institutional Trading of PTC

A number of large investors have recently added to or reduced their stakes in PTC. Jain Global LLC bought a new stake in shares of PTC in the 3rd quarter valued at about $232,000. Quantum Portfolio Management LLC bought a new position in PTC during the fourth quarter worth about $217,000. 71 West Capital Partners acquired a new position in PTC during the fourth quarter worth approximately $213,000. EFG International AG bought a new stake in PTC in the fourth quarter valued at approximately $191,000. Finally, Smartleaf Asset Management LLC lifted its position in shares of PTC by 18.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 973 shares of the technology company’s stock valued at $171,000 after buying an additional 153 shares during the last quarter. Institutional investors and hedge funds own 95.14% of the company’s stock.

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.