PTC (NASDAQ:PTC) Cut to “Underweight” at JPMorgan Chase & Co.

JPMorgan Chase & Co. cut shares of PTC (NASDAQ:PTC) from a neutral rating to an underweight rating in a research note published on Monday morning, Marketbeat.com reports. JPMorgan Chase & Co. currently has $162.00 price target on the technology company’s stock, down from their previous price target of $205.00.

Several other analysts also recently commented on PTC. Citigroup reduced their price target on shares of PTC from $185.00 to $181.00 and set a “neutral” rating for the company in a research report on Wednesday, January 28th. Weiss Ratings cut shares of PTC from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th. Oppenheimer decreased their target price on shares of PTC from $240.00 to $200.00 and set an “outperform” rating for the company in a research note on Wednesday, January 28th. Wall Street Zen upgraded PTC from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 3rd. Finally, Piper Sandler reduced their price objective on PTC from $200.00 to $175.00 and set a “neutral” rating for the company in a research note on Friday, November 7th. Eleven equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $201.92.

PTC Stock Up 1.4%

PTC stock opened at $151.34 on Monday. The company has a market capitalization of $18.00 billion, a P/E ratio of 24.65, a PEG ratio of 2.47 and a beta of 1.03. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.43 and a current ratio of 1.43. PTC has a fifty-two week low of $133.38 and a fifty-two week high of $219.69. The stock has a 50-day simple moving average of $170.49 and a 200-day simple moving average of $190.11.

PTC (NASDAQ:PTC) last released its quarterly earnings results on Wednesday, February 4th. The technology company reported $1.92 EPS for the quarter, topping the consensus estimate of $1.59 by $0.33. PTC had a return on equity of 23.02% and a net margin of 27.05%.The company had revenue of $685.83 million for the quarter, compared to analyst estimates of $635.44 million. During the same quarter in the previous year, the company posted $1.10 earnings per share. The firm’s revenue was up 21.4% compared to the same quarter last year. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. Equities research analysts expect that PTC will post 4.46 earnings per share for the current year.

Insider Buying and Selling

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 stock was sold at an average price of $174.79, for a total transaction of $1,106,071.12. Following the transaction, the executive vice president owned 22,461 shares of the company’s stock, valued at $3,925,958.19. This represents a 21.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 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 value of $8,707,383.74. Following the completion of the sale, the executive vice president directly owned 12,386 shares of the company’s stock, valued at approximately $2,144,512.04. This trade represents a 80.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 61,277 shares of company stock valued at $10,624,076. Company insiders own 0.29% of the company’s stock.

Hedge Funds Weigh In On PTC

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Root Financial Partners LLC acquired a new stake in PTC in the third quarter valued at $30,000. SJS Investment Consulting Inc. boosted its position in shares of PTC by 2,257.1% in the 3rd quarter. SJS Investment Consulting Inc. now owns 165 shares of the technology company’s stock worth $34,000 after buying an additional 158 shares in the last quarter. Board of the Pension Protection Fund acquired a new stake in PTC in the 4th quarter valued at about $35,000. Versant Capital Management Inc increased its holdings in PTC by 37.6% during the 3rd quarter. Versant Capital Management Inc now owns 194 shares of the technology company’s stock valued at $39,000 after acquiring an additional 53 shares in the last quarter. Finally, Rakuten Securities Inc. raised its position in PTC by 2,725.0% during the fourth quarter. Rakuten Securities Inc. now owns 226 shares of the technology company’s stock worth $39,000 after acquiring an additional 218 shares during the last quarter. 95.14% of the stock is owned by institutional investors and hedge funds.

More PTC News

Here are the key news stories impacting PTC this week:

• Positive Sentiment: Q1 beat — PTC reported EPS of $1.92 vs. consensus $1.59 and revenue of $685.8M vs. $635.4M, with revenue up ~21% YoY, showing solid demand and margin expansion. PTC Q1 earnings and transcript
• Positive Sentiment: Raised near-term outlook — management issued Q2 FY26 EPS guidance of $1.93–$2.54 (above consensus) and revenue guidance of $710M–$770M (above consensus), signaling confidence in sales momentum. PTC Q1 press release
• Positive Sentiment: Capital returns & cash flow — PTC is executing a $2B repurchase authorization, repurchased $200M in Q1 and is targeting ~$1.115B–$1.315B in FY26 buybacks; operating and free cash flow grew ~13% in Q1. This supports EPS traction and shareholder returns. PTC Q1 press release
• Neutral Sentiment: Analyst/metrics coverage — several outlets (Zacks, Investing.com) highlight key metric comparisons to estimates and year-ago results; useful for modeling but not market-moving by itself. Zacks: Key metrics on PTC Q1
• Neutral Sentiment: Coverage of the quarter — multiple recaps confirm the beat and provide access to the earnings slide deck and call recording for detail on bookings, ARR, and product commentary. Investing.com: PTC earnings recap
• Negative Sentiment: Analyst downgrade — JPMorgan downgraded PTC to Underweight, which can increase selling pressure and weighs on near-term sentiment despite the beat. AmericanBankingNews: JPMorgan downgrades PTC
• Negative Sentiment: Market caution on guidance/legacy products — some stories note the stock dipped for investors who read the forward commentary as less convincing on long-term growth (legacy business concerns and cloud/AI transition questions). Investing ZA: Shares fall despite beat

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.