PTC Inc. (PTC)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
PTC Inc. (PTC) trades at $124.55 with AI Score 86/100 (Grade A+). PTC Inc. provides software and services, enabling digital transformation across industries. Market cap: $14.39B, Sector: Technology.
Price live · AI analysis from May 10, 2026PTC stock analysis for 2026: Analysts have set a consensus price target of $194.80 for PTC Inc., suggesting 56.4% upside from the current price of $124.55. The AI MoonshotScore is 86/100, indicating a strong bullish outlook. Key factors: analyst coverage, AI-driven quantitative scoring.
PTC: 2/2 perspectives are bullish.
How is this calculated? →PTC Inc. (PTC) Technology Profile & Competitive Position
PTC Inc. (PTC) is a global software and services company specializing in solutions for product design, lifecycle management, and augmented reality. Its ThingWorx and Vuforia platforms drive digital transformation for enterprises, positioning PTC as a key player in the industrial software market with a focus on innovation and scalability.
What Is the Investment Thesis for PTC?
PTC Inc. presents a notable research candidate due to its strategic focus on high-growth areas such as IoT and augmented reality. The company's ThingWorx and Vuforia platforms are well-positioned to capitalize on the increasing demand for digital transformation solutions across industries. With a gross margin of 84.3% and a profit margin of 41.6%, PTC demonstrates strong profitability. The company's transition to a subscription-based model provides recurring revenue and enhances predictability. Key catalysts include the continued adoption of its SaaS offerings and expansion into new markets. However, investors should be aware of potential risks related to competition and the pace of technological change. PTC's P/E ratio of 11.7 suggests a reasonable valuation relative to its earnings.
Based on FMP financials and quantitative analysis
PTC Key Highlights
- Market Cap of $14.39B reflects PTC's significant presence in the software industry.
- P/E Ratio of 11.7 indicates a potentially undervalued stock compared to its earnings.
- Profit Margin of 41.6% demonstrates strong profitability and operational efficiency.
- Gross Margin of 84.3% highlights PTC's ability to maintain high revenue relative to the cost of goods sold.
- Beta of 1.06 suggests that PTC's stock price is slightly more volatile than the overall market.
Who Are PTC's Competitors?
PTC is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| MSTR Strategy Inc | $100.77 | +7.90% | $29.94B | — |
| FLEX Flex Ltd. | $136.85 | -10.86% | $50.14B | 45 |
| JBL Jabil Inc. | $341.30 | -9.07% | $35.76B | 65 |
| ZM Zoom Communications, Inc. | $87.14 | -3.31% | $25.55B | 91 |
| VRSN VeriSign, Inc. | $256.43 | +0.21% | $23.34B | — |
| NOW ServiceNow, Inc. | $106.32 | +0.49% | $109.65B | 71 |
| RSASF RESAAS Services Inc. | $0.28 | -3.45% | $23.53M | 69 |
| PDFS PDF Solutions, Inc. | $59.18 | -11.51% | $2.44B | 68 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are PTC's Key Strengths?
- Strong portfolio of software products and services.
- Established presence in the industrial software market.
- High gross and profit margins.
- Recurring revenue from subscription-based model.
What Are PTC's Weaknesses?
- Dependence on specific industries and customer segments.
- Potential for disruption from emerging technologies.
- Complexity of integrating software solutions with existing systems.
- Exposure to economic cycles and industry downturns.
What Could Drive PTC Stock Higher?
- Continued adoption of ThingWorx platform for IoT solutions.
- Launch of new features and capabilities for Vuforia augmented reality platform.
- Expansion of Onshape SaaS platform into new markets.
- Strategic partnerships and alliances with key industry players.
- Geographic expansion in the Asia Pacific region.
What Are the Key Risks for PTC?
- Intense competition from established and emerging players.
- Rapid technological changes and evolving customer needs.
- Cybersecurity threats and data breaches.
- Economic uncertainty and geopolitical risks.
- Integration challenges with customer's existing systems.
What Are the Growth Opportunities for PTC?
- Expansion of ThingWorx Platform: The ThingWorx platform offers significant growth potential as enterprises increasingly seek to digitally transform their operations. The global IoT market is projected to reach $1.6 trillion by 2025, providing a substantial opportunity for PTC to expand its market share. By enhancing the platform's capabilities and targeting specific industry verticals, PTC can drive further adoption and revenue growth. This expansion is ongoing and expected to yield results in the next 3-5 years.
- Adoption of Vuforia Augmented Reality: PTC's Vuforia platform is poised to benefit from the growing demand for augmented reality solutions across industries such as manufacturing, healthcare, and retail. The global AR market is expected to reach $88.4 billion by 2026. By focusing on developing innovative AR applications and partnering with key industry players, PTC can capitalize on this trend and drive significant revenue growth. This growth is anticipated to accelerate over the next 2-3 years.
- SaaS Transition with Onshape: PTC's Onshape platform, a software-as-a-service product development platform, offers a compelling growth opportunity by providing a cloud-based solution that integrates CAD with data management and collaboration tools. The global SaaS market is projected to reach $307.3 billion by 2026. By expanding the platform's features and targeting small and medium-sized businesses, PTC can drive further adoption and recurring revenue growth. This transition is ongoing and expected to contribute significantly to PTC's revenue stream.
- Strategic Partnerships and Alliances: Forming strategic partnerships and alliances with other technology companies and industry leaders can provide PTC with access to new markets, technologies, and customers. By collaborating with companies that complement its offerings, PTC can expand its reach and enhance its competitive position. These partnerships can also help PTC to accelerate innovation and develop new solutions that address emerging market needs. These strategic initiatives are expected to materialize over the next 1-2 years.
- Geographic Expansion in Asia Pacific: Expanding its presence in the Asia Pacific region represents a significant growth opportunity for PTC, given the region's rapid economic growth and increasing adoption of digital technologies. By investing in sales and marketing efforts, establishing local partnerships, and tailoring its solutions to meet the specific needs of the region, PTC can drive significant revenue growth. The Asia Pacific region is expected to be a key growth driver for the global software market over the next 5 years.
What Opportunities Does PTC Have?
- Expansion into new markets and geographies.
- Development of innovative solutions for emerging technologies.
- Strategic partnerships and alliances.
- Increasing adoption of digital transformation technologies.
What Threats Does PTC Face?
- Intense competition from established and emerging players.
- Rapid technological changes and evolving customer needs.
- Cybersecurity threats and data breaches.
- Economic uncertainty and geopolitical risks.
What Are PTC's Competitive Advantages?
- Proprietary software platforms (ThingWorx, Vuforia, Onshape).
- Strong brand reputation and established customer base.
- Extensive industry expertise and domain knowledge.
- High switching costs for customers due to integration with existing systems.
What Does PTC Do?
PTC Inc., formerly known as Parametric Technology Corporation, was founded in 1985 and is headquartered in Boston, Massachusetts. The company has evolved into a leading provider of software and services designed to digitally transform businesses across various industries. PTC operates through two segments: Software Products and Professional Services. Its core offerings include the ThingWorx platform, which enables enterprises to develop and implement innovative IoT solutions, and Vuforia, an augmented reality platform that allows users to visualize digital information in a physical context. PTC also provides Onshape, a software-as-a-service product development platform that integrates CAD with data management and collaboration tools. Other key products include Arena, a PLM solution; Creo, a 3D CAD technology; and Windchill, a product lifecycle management software. Additionally, PTC offers Integrity, an application lifecycle management solution, and Servigistics, a service parts management solution. The company serves customers in the Americas, Europe, and the Asia Pacific, providing consulting, implementation, training, cloud, and license and support services. PTC's solutions are designed to help companies improve product development processes, enhance operational efficiency, and create new revenue streams through digital transformation.
What Products and Services Does PTC Offer?
- Provides the ThingWorx platform for IoT solutions.
- Offers Vuforia for creating augmented reality experiences.
- Develops Onshape, a SaaS product development platform.
- Provides Arena, a PLM solution for product teams.
- Offers Creo, a 3D CAD technology for product design.
- Provides Windchill, a product lifecycle management software.
- Offers Integrity, an application lifecycle management solution.
- Provides Servigistics, a service parts management solution.
How Does PTC Make Money?
- Software licensing and subscription fees.
- Professional services, including consulting, implementation, and training.
- Cloud-based services and solutions.
- Maintenance and support services.
What Industry Does PTC Operate In?
PTC Inc. operates in the application software industry, which is experiencing rapid growth driven by the increasing adoption of digital transformation technologies. The market is characterized by intense competition, with companies like Strategy Inc (MSTR) and Zoom Communications, Inc. (ZM) vying for market share. PTC's focus on IoT and augmented reality positions it well to capitalize on these trends. The industry is also influenced by factors such as cloud computing, data analytics, and cybersecurity. PTC's ability to innovate and adapt to these changes will be critical to its long-term success.
Who Are PTC's Key Customers?
- Enterprises across various industries, including manufacturing, healthcare, and retail.
- Product development teams.
- Service organizations.
- Engineering departments.
PTC Inc. Financial Trajectory
PTC Inc. (PTC) reported $774.3M in revenue for Q1 2026, reflecting 12.9% growth compared to the prior quarter. The company recorded net income of $590.7M, with diluted EPS of $4.98. Quarter-over-quarter revenue has been mixed, typical for a large-cap company operating in Technology. Across the four most recent quarters, PTC averaged $2.61 in diluted EPS.
Company Profile
PTC Inc. operates in the Software - Application industry within the Technology sector. It is headquartered in Boston, US. The company is led by CEO Neil Barua. PTC has traded publicly since 1989.
How PTC Inc. Is Valued
PTC Inc. carries a market capitalization of $14.39B, placing it in the large-cap category. Relative to its peer group, PTC's quantitative score of 86/100 is above the peer average of 67/100.
ROE 33%Key Financial Metrics
Return on equity for PTC Inc. stands at 33.1%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 19.1%, showing how much profit it generates from its asset base. PTC trades at a trailing price-to-earnings ratio of 11.69, below the Technology sector average of ~38x. Its free cash flow yield is 6.5%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.06 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 8.6%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 8/9Financial Health
PTC Inc.'s Piotroski F-Score is 8/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 5.12 places it in the safe zone, indicating low near-term bankruptcy risk.
8/8 beatsEarnings Track Record
PTC Inc. has beaten Wall Street's EPS estimate in 8 of its last 8 reported quarters — a consistent record of delivering on expectations. Reported results have landed about 24.7% above estimates on average.
FY2026 estForward Outlook
Wall Street analysts project PTC Inc. revenue of about $2.73B for fiscal 2026, with EPS near $8.04. The estimate reflects 15 contributing analysts.
Net sellingInsider Activity
Over the past six months, PTC Inc. insiders filed 15 SEC Form 4 transactions — 9 sales and 6 purchases. On net that is roughly 148 shares disposed (about $741K), a signal worth weighing alongside the fundamentals.
PTC Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in PTC's future performance, indicating that executives believe the stock is undervalued.
- Community sentiment has shifted positively, with discussions highlighting PTC's strong position in the IoT and AR markets as a growth driver.
- Analysts are noting PTC's ongoing innovation in digital transformation solutions, reinforcing its competitive edge.
- Recent partnerships and collaborations have positioned PTC favorably within its industry, enhancing its market presence.
Bear Case
- Concerns over economic headwinds may impact PTC's growth trajectory, as clients could tighten budgets on technology investments.
- Some community members express skepticism about PTC's ability to sustain its growth rates amid increasing competition.
- Recent earnings calls revealed challenges in meeting previous growth expectations, leading to cautious sentiment among investors.
- Market perception is mixed, with some analysts questioning the long-term viability of PTC's current business model amidst rapid technological changes.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
From the Earnings Call
“In Q3, our constant currency ARR, excluding Kepware and ThingWorx, we expect growth of approximately 8% to 9%. This corresponds to a net new ARR range of $40 million to $55 million.”
— Jennifer DiRico, Chief Financial Officer
“PTC delivered a strong Q2. We grew constant currency ARR 8.5% at the high end of guidance and free cash flow 14% year-over-year, exceeding our guidance range.”
— Neil Barua, Chief Executive Officer
PTC Q2 FY2026 earnings call transcript · 2026-05-06
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $774M | $591M | $4.98 |
| Q4 2025 | $686M | $167M | $1.39 |
| Q3 2025 | $894M | $348M | $2.88 |
| Q2 2025 | $644M | $141M | $1.17 |
Based on FMP financials and quantitative analysis
PTC Latest News
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Can PTC Inc. (PTC)’s New AI Strategy Drive a Comeback?
Yahoo! Finance: PTC News · Jul 2, 2026
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Health Catalyst, PubMatic, and PTC Stocks Trade Up, What You Need To Know
Yahoo! Finance: PTC News · Jul 1, 2026
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PTC: Raising target price to $125.00
Argus Research · Jul 1, 2026
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PTC (PTC) Launches Creo 13 and Creo+ 13.3 With New Creo AI Assistant to Accelerate Design Workflows
Yahoo! Finance: PTC News · Jun 30, 2026
PTC Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for PTC.
Price Targets
Consensus target: $194.80
PTC MoonshotScore
What does this score mean?
The MoonshotScore rates PTC's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Latest News
Can PTC Inc. (PTC)’s New AI Strategy Drive a Comeback?
Health Catalyst, PubMatic, and PTC Stocks Trade Up, What You Need To Know
PTC: Raising target price to $125.00
PTC (PTC) Launches Creo 13 and Creo+ 13.3 With New Creo AI Assistant to Accelerate Design Workflows
Related Investment Themes
Leadership: Neil Barua
Chief Executive Officer
Neil Barua serves as the Chief Executive Officer of PTC Inc. He has a strong background in technology and business leadership. Prior to joining PTC, Barua held various executive positions at leading technology companies. His experience includes driving growth, leading strategic initiatives, and managing large teams. Barua's expertise spans across software development, product management, and sales and marketing. He is known for his strategic vision and ability to execute complex business plans.
Track Record: Since becoming CEO, Neil Barua has focused on accelerating PTC's growth and expanding its market share. He has overseen the company's transition to a subscription-based model and has driven the adoption of its SaaS offerings. Under his leadership, PTC has strengthened its position in the IoT and augmented reality markets. Barua has also emphasized innovation and customer satisfaction, leading to improved product offerings and enhanced customer relationships.
What Investors Ask About PTC Inc. (PTC) — Technology
What does PTC Inc. do?
PTC Inc. is a global software and services company that provides solutions for product design, lifecycle management, and augmented reality. The company's core offerings include the ThingWorx platform, which enables enterprises to develop and implement innovative IoT solutions, and Vuforia, an augmented reality platform that allows users to visualize digital information in a physical context. PTC's solutions are designed to help companies improve product development processes, enhance operational efficiency, and create new revenue streams through digital transformation. The company serves customers across various industries, including manufacturing, healthcare, and retail.
What do analysts say about PTC stock?
Analyst consensus on PTC stock is generally positive, reflecting the company's strong growth prospects and strategic focus on high-growth areas such as IoT and augmented reality. Key valuation metrics include a P/E ratio of 11.7, which suggests a potentially undervalued stock compared to its earnings. Analysts also highlight PTC's high gross and profit margins as indicators of strong profitability and operational efficiency. Growth considerations include the continued adoption of its SaaS offerings and expansion into new markets. However, analysts also caution about potential risks related to competition and the pace of technological change. This is a neutral summary of analyst sentiment; investors should conduct their own research.
What are the main risks for PTC?
The main risks for PTC include intense competition from established and emerging players in the software industry. Rapid technological changes and evolving customer needs could also pose a challenge to PTC's ability to maintain its competitive position. Cybersecurity threats and data breaches represent another significant risk, as they could disrupt operations and damage the company's reputation. Economic uncertainty and geopolitical risks could also impact PTC's financial performance. Additionally, the complexity of integrating PTC's software solutions with existing customer systems could create integration challenges and delay implementation.
What are the key factors to evaluate for PTC?
PTC Inc. (PTC) holds an AI score of 86/100 (high). P/E: 11.7x vs the S&P 500's ~20-25x. Analysts target $194.80 (+56%). Not financial advice.
How frequently does PTC data refresh on this page?
PTC prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven PTC's recent stock price performance?
PTC Inc. (PTC) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong portfolio of software products and services. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider PTC overvalued or undervalued right now?
PTC Inc. (PTC) trades at 11.7x earnings. Analysts target $194.80 (+56%) — upside seen. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying PTC?
Before investing in PTC Inc. (PTC), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on provided source data and may not reflect the most recent developments.