PTC (NASDAQ:PTC) Price Target Cut to $195.00 by Analysts at KeyCorp

PTC (NASDAQ:PTC) had its price objective reduced by KeyCorp from $210.00 to $195.00 in a research report issued on Tuesday,Benzinga reports. The firm currently has an “overweight” rating on the technology company’s stock. KeyCorp’s price objective suggests a potential upside of 27.49% from the stock’s previous close.

Several other research firms have also recently issued reports on PTC. Stifel Nicolaus set a $180.00 target price on PTC in a research report on Thursday, February 5th. Weiss Ratings downgraded PTC from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. JPMorgan Chase & Co. lowered PTC from a “neutral” rating to an “underweight” rating and dropped their price objective for the stock from $205.00 to $162.00 in a report on Monday, February 2nd. Oppenheimer cut 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. Finally, BMO Capital Markets reduced their target price on PTC from $219.00 to $189.00 and set an “outperform” rating for the company in a report on Thursday, February 5th. Eleven analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $182.85.

PTC Stock Performance

Shares of PTC stock traded down $2.99 during trading on Tuesday, reaching $152.96. The company’s stock had a trading volume of 133,833 shares, compared to its average volume of 1,106,429. The company has a 50-day moving average price of $160.32 and a two-hundred day moving average price of $179.86. PTC has a fifty-two week low of $133.38 and a fifty-two week high of $219.69. The firm has a market cap of $18.20 billion, a PE ratio of 22.39, a P/E/G ratio of 2.55 and a beta of 1.03. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.31.

PTC (NASDAQ:PTC) last posted its quarterly earnings data on Wednesday, February 4th. The technology company reported $1.92 earnings per share for the quarter, topping analysts’ consensus estimates of $1.59 by $0.33. PTC had a return on equity of 24.63% and a net margin of 28.86%.The company had revenue of $685.83 million during the quarter, compared to analysts’ expectations of $635.44 million. During the same period last year, the firm earned $1.10 EPS. The firm’s revenue for the quarter was up 21.4% on a year-over-year basis. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. On average, analysts forecast that PTC will post 4.46 EPS for the current year.

Insider Buying and Selling

In other news, EVP Staats Aaron C. Von sold 240 shares of the company’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $161.10, for a total transaction of $38,664.00. Following the completion of the transaction, the executive vice president owned 22,221 shares of the company’s stock, valued at $3,579,803.10. This represents a 1.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.29% of the company’s stock.

Institutional Investors Weigh In On PTC

Several institutional investors have recently bought and sold shares of PTC. Elyxium Wealth LLC acquired a new stake in shares of PTC during the fourth quarter worth approximately $27,000. Palladiem LLC acquired a new position in PTC during the 4th quarter valued at approximately $28,000. DV Equities LLC bought a new position in shares of PTC during the fourth quarter worth about $29,000. Root Financial Partners LLC bought a new stake in PTC in the 3rd quarter valued at about $30,000. Finally, SJS Investment Consulting Inc. grew its position in 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 purchasing an additional 158 shares during the last quarter. 95.14% of the stock is currently owned by hedge funds and other institutional investors.

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.