PTC - PTC Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PTC in the last twelve months. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PTC shares.
View PTC analyst ratings or view top-rated stocks.

10 Wall Street research analysts have issued 12 month price targets for PTC's shares. Their PTC share price forecasts range from $128.00 to $165.00. On average, they anticipate the company's stock price to reach $147.89 in the next twelve months. This suggests a possible upside of 9.5% from the stock's current price.
View analysts price targets for PTC or view top-rated stocks among Wall Street analysts.

PTC's stock was trading at $120.04 at the start of the year. Since then, PTC shares have increased by 12.5% and is now trading at $135.09.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 1st 2023.
View our PTC earnings forecast.

PTC will be holding an earnings conference call on Wednesday, February 1st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

PTC Inc. (NASDAQ:PTC) posted its quarterly earnings results on Wednesday, November, 2nd. The technology company reported $0.99 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.84 by $0.15. The technology company had revenue of $507.93 million for the quarter, compared to the consensus estimate of $498.19 million. PTC had a trailing twelve-month return on equity of 18.58% and a net margin of 16.19%.

PTC updated its FY 2023 earnings guidance on Wednesday, November, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.91 billion-$1.99 billion, compared to the consensus revenue estimate of $2.12 billion.

783 employees have rated PTC Chief Executive Officer Jim Heppelmann on Glassdoor.com. Jim Heppelmann has an approval rating of 85% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other PTC investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Micron Technology (MU), Intel (INTC), PayPal (PYPL), Tesla (TSLA), QUALCOMM (QCOM), Taiwan Semiconductor Manufacturing (TSM), Cisco Systems (CSCO) and Block (SQ).

PTC trades on the NASDAQ under the ticker symbol "PTC."

PTC's stock is owned by a number of retail and institutional investors. Top institutional investors include DNB Asset Management AS (0.55%), Stephens Investment Management Group LLC (0.33%), DAVENPORT & Co LLC (0.22%), Capital Investment Services of America Inc. (0.18%), Peregrine Capital Management LLC (0.14%) and Exchange Traded Concepts LLC (0.12%). Insiders that own company stock include Blake D Moret, Catherine Kniker, Corinna Lathan, Eduarda Camacho, James E Heppelmann, Kathleen Mitford, Kristian Talvitie, Michael Ditullio, Phillip M Fernandez, Robert Schechter, Staats Aaron C Von and Staats Aaron C Von.
View institutional ownership trends.

Shares of PTC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of PTC stock can currently be purchased for approximately $135.09.

PTC (NASDAQ:PTC) has a market capitalization of $15.96 billion and generates $1.93 billion in revenue each year. The technology company earns $313.08 million in net income (profit) each year or $2.65 on an earnings per share basis.

The company employs 6,503 workers across the globe.

PTC's mailing address is 121 SEAPORT BOULEVARD, BOSTON MA, 02210. The official website for the company is www.ptc.com. The technology company can be reached via phone at (781) 370-5000, via email at investor@ptc.com, or via fax at 781-370-6000.