From what 14 stock analysts predict, the share price for PTC Inc (PTC) might increase by 13.04% in the next year. This is based on a 12-month average estimation for PTC. Price targets go from $177.00 to $220.00. The majority of stock analysts believe PTC is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 14 Wall Street analysts have assigned PTC 12 buy ratings, 2 hold ratings, and 0 sell ratings. This means that analysts expect PTC Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on PTC. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
andrew obin Bank of America Securities | Buy | $200.0 | reiterated | Feb 1, 2024 |
joseph vruwink Robert W. Baird | Buy | $210.0 | maintained | Feb 1, 2024 |
kenneth wong Oppenheimer | Buy | $210.0 | rated | Feb 1, 2024 |
blair abernethy Rosenblatt Securities | Buy | $195.0 | maintained | Feb 1, 2024 |
matthew broome Mizuho Securities | Buy | $210.0 | maintained | Feb 1, 2024 |
yun kim Loop Capital Markets | Buy | $220.0 | maintained | Feb 1, 2024 |
clarke jeffries Piper Sandler | Hold | $177.0 | reiterated | Feb 1, 2024 |
daniel jester BMO Capital | Buy | $200.0 | reiterated | Feb 1, 2024 |
matthew hedberg RBC Capital | Buy | $202.0 | maintained | Jan 31, 2024 |
tyler radke Citi | Hold | $198.0 | maintained | Jan 29, 2024 |
nay soe naing Berenberg Bank | Buy | $210.0 | maintained | Jan 29, 2024 |
jason celino KeyBanc | Buy | $190.0 | maintained | Jan 12, 2024 |
stephen tusa J.P. Morgan | Buy | $200.0 | upgraded | Jan 4, 2024 |
saket kalia Barclays | Buy | $198.0 | maintained | Jan 4, 2024 |
dan bergstrom RBC Capital | Buy | $175.0 | rated | Oct 22, 2023 |
adam borg Stifel Nicolaus | Buy | $160.0 | maintained | Jul 31, 2023 |
gal munda Wolfe Research | Buy | $165.0 | maintained | Jul 27, 2023 |
alex tout Deutsche Bank | Buy | $145.0 | maintained | Nov 4, 2022 |
sterling auty MoffettNathanson | Hold | $130.0 | maintained | Jan 27, 2022 |
jay vleeschhouwer Griffin | Buy | $156.0 | maintained | Nov 8, 2021 |
PTC Inc. operates as software company in the Americas, Europe, and the Asia Pacific. The company provides Windchill, a suite that manages all aspects of the product development lifecycle(PLM) that provides real-time information sharing, dynamic data visualization, collaborate across geographically distributed teams, and enabling manufacturers to elevate product development, manufacturing, and field service processes; ThingWorx, a platform for Industrial Internet of Things; ServiceMax, a field service management solutions enable companies to asset uptime with optimized in-person and remote service and technician productivity with mobile tools. and deliver metrics; and Arena, a SaaS PLM solution enables product teams to collaborate virtually to share product and quality information with internal teams and supply chain partners and deliver products to customers. It offers Codebeamer, an application lifecycle management for products and software development; Servigistics, a service parts management solution; and FlexPLM, a solution provides retailers with a single platform for merchandising and line planning, materials management, sampling, and others. In addition, it offers Kepware, a portfolio of industrial connectivity solutions helps companies connect diverse automation devices and software applications; Creo, a 3D CAD technology enables the digital design, testing, and modification of product models; and Onshape, a cloud product development platform that delivers computer-aided design with data management tools. Further, it offers Vuforia, an augmented reality (AR) technology enables the visualization of digital information in a physical context and the creation of AR enabling companies to drive results in manufacturing, service, engineering, and operations; and Arbortext, a dynamic publishing solution streamlines how organizations create, manage, and publish technical documentation. PTC Inc. was incorporated in 1985 and is headquartered in Boston, Massachusetts.
When did it IPO
0
Staff Count
7,168
Country
United States
Sector/Industry
Technology/Software - Application
CEO
Mr. James E. Heppelmann
Market Cap
$21.30B
In 2023, PTC generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that PTC's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2019
Revenue From 2020
Revenue From 2021
Revenue From 2022
$1523.19
$199.73
MBLY-USD
$25.63
ENTG-USD
$134.34
EBAY-USD
$43.8
ILMN-USD
$140.05