PTC (NASDAQ:PTC) Updates FY 2026 Earnings Guidance

PTC (NASDAQ:PTC) issued an update on its FY 2026 earnings guidance on Wednesday morning. 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 also updated its Q4 2026 guidance to 1.630-2.210 EPS.

PTC Trading Up 3.9%

Shares of NASDAQ:PTC traded up $4.95 during midday trading on Wednesday, reaching $132.46. The company’s stock had a trading volume of 2,884,147 shares, compared to its average volume of 1,431,705. PTC has a fifty-two week low of $108.50 and a fifty-two week high of $219.69. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.23 and a current ratio of 1.23. The firm has a 50 day moving average price of $126.60 and a two-hundred day moving average price of $142.46. The firm 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 (NASDAQ:PTC) last issued its earnings results on Wednesday, May 6th. The technology company reported $2.69 earnings per share for the quarter, topping analysts’ consensus estimates of $2.06 by $0.63. The business had revenue of $774.30 million during the quarter, compared to the consensus estimate of $712.40 million. PTC had a return on equity of 25.84% and a net margin of 41.81%.The firm’s revenue for the quarter was up 21.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.79 earnings per share. PTC has set its FY 2026 guidance at 6.650-8.900 EPS and its Q3 2026 guidance at 1.240-1.780 EPS. As a group, analysts forecast that PTC will post 6.35 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Weiss Ratings downgraded PTC from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 6th. Barclays reduced their price objective on PTC from $185.00 to $150.00 and set an “overweight” rating for the company in a research note on Monday, July 13th. Robert W. Baird set a $198.00 target price on PTC in a research report on Thursday, May 7th. Rosenblatt Securities reissued a “buy” rating and issued a $190.00 price target on shares of PTC in a research report on Tuesday, May 5th. Finally, Citigroup boosted their price target on shares of PTC from $146.00 to $155.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Seven analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $172.50.

Insider Buying and Selling at PTC

In other news, CAO Alice Christenson sold 816 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $145.82, for a total value of $118,989.12. Following the transaction, the chief accounting officer owned 1,265 shares in the company, valued at $184,462.30. This trade represents a 39.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.29% of the stock is owned by corporate insiders.

Trending Headlines about PTC

Here are the key news stories impacting PTC this week:

• Positive Sentiment: PTC raised its fiscal 2026 outlook for annual recurring revenue, revenue and earnings per share while reaffirming cash-flow guidance. The company reported constant-currency ARR growth of 9.1% excluding divested businesses, above the high end of its prior target. PTC Announces Third Fiscal Quarter 2026 Results
• Positive Sentiment: PTC generated $260.6 million in operating cash flow and $249.3 million in free cash flow during the quarter, with growth exceeding management’s guidance ranges. It also repurchased approximately $525 million of stock, bringing fiscal-year buybacks above the high end of its target and potentially supporting per-share results. PTC Q3 Revenue Falls 7 Percent as EPS Reaches $1.03
• Neutral Sentiment: Fiscal third-quarter adjusted earnings were reported at $1.58 per share, essentially in line with some analyst estimates but below the $1.60 Zacks consensus. Revenue of approximately $600.0 million missed the $611.6 million consensus estimate. PTC Inc. Q3 Earnings and Revenues Miss Estimates
• Negative Sentiment: Quarterly revenue declined about 7% year over year to $600 million, while net income fell from $141.3 million to $118.8 million. The weaker reported results and lower-than-expected fourth-quarter EPS outlook could limit upside, although the full-year guidance increase is the more favorable signal for investors. PTC Q3 Revenue Falls 7 Percent as EPS Reaches $1.03

Hedge Funds Weigh In On PTC

Large investors have recently bought and sold shares of the stock. DV Equities LLC bought a new position in PTC during the fourth quarter valued at about $29,000. Quarry LP boosted its stake in PTC by 86.2% in the third quarter. Quarry LP now owns 203 shares of the technology company’s stock valued at $41,000 after acquiring an additional 94 shares during the last quarter. Geneos Wealth Management Inc. grew its position in shares of PTC by 34.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 297 shares of the technology company’s stock valued at $46,000 after acquiring an additional 76 shares during the period. Osterweis Capital Management Inc. bought a new position in shares of PTC during the 4th quarter valued at approximately $50,000. Finally, MUFG Securities EMEA plc purchased a new stake in shares of PTC during the 2nd quarter worth approximately $61,000. 95.14% of the stock is currently owned by 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.