PTC Inc. (PTC) Stock Price & Analysis
PTC Inc. (PTC) closed at USD 194 on Thursday, October 22, 2026, down 0.20% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 194.38; the Oct 22, 2026 session ranged USD 193.95–194.61 on volume of 2,554,945 shares. Market capitalization is $21.07B, with a 52-week range of USD 108.5–206.67 (NMS). Source: Nexqual, retrieved October 23, 2026 at 09:49 UTC.
Also available as compact Markdown for AI agents: nexqual.com/PTC.md
Key facts (PTC)
- Last four reported quarters (through Jun 30, 2026): revenue $2.95B, net income $1.22B (41.4% margin), free cash flow $935M (SEC filings).
- Valuation: P/E 17.2x (avg 53.4x at the last 3 fiscal year-ends), EV/EBITDA 18.2x, net debt $1.07B.
- Earnings quality: non-operating income $479M vs operating income $1.12B over the last four quarters; P/E excluding non-operating income ≈25.1x (estimate: non-operating income taxed at the company's 20% effective rate).
- Insider open-market sales, last ~7 months: 2 Form 4 filings, $462K; 1 not under a Rule 10b5-1 plan ($119K); 1 by opportunistic insiders (0 outside 10b5-1 plans), 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Hold (mean 2.94 on a 1–5 scale) (17 analysts), mean target USD 201 (range 170–205).
- Total return with dividends: 1Y -5.2% vs S&P 500 +14.9%; 5Y +51.4% vs S&P 500 +80.3%.
- Next earnings: 2026-11-04, EPS estimate USD 1.96, revenue estimate $665M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (PTC)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $1.81B | $1.93B | $2.10B | $2.30B | $2.74B | $2.95B |
| Gross profit | $1.44B | $1.55B | $1.66B | $1.85B | $2.29B | — |
| Operating income | $381M | $447M | $458M | $588M | $982M | $1.12B |
| Net income | $477M | $313M | $246M | $376M | $734M | $1.22B |
| EPS (diluted) | $4.03 | $2.65 | $2.06 | $3.12 | $6.08 | — |
| Free cash flow | $344M | $416M | $587M | $736M | $857M | $935M |
| Gross margin | 79.5% | 80.0% | 79.0% | 80.6% | 83.8% | — |
| Operating margin | 21.1% | 23.1% | 21.9% | 25.6% | 35.9% | 37.8% |
| Net margin | 26.4% | 16.2% | 11.7% | 16.4% | 26.8% | 41.4% |
| Revenue growth | +23.9% | +7.0% | +8.5% | +9.6% | +19.2% | — |
| Cash + short-term investments | $327M | — | — | $266M | $184M | — |
| Total debt | $1.44B | $1.35B | $1.70B | $1.75B | $1.20B | — |
Fiscal years end Sep. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (PTC)
P/E 17.2x · P/E ex non-operating (est.) ≈25.1x · P/S 7.1x · EV/EBITDA 18.2x · EV/Sales 7.5x · P/FCF 22.5x · P/B 6.1x · FCF yield 4.44% · Earnings yield 5.81% · Buyback yield (TTM) 6.65% · Net debt $1.07B · EV $22.1B
P/E at fiscal year-ends: Sep 2025 33.4x, Sep 2024 58.0x, Sep 2023 68.9x.
Insider sales (SEC Form 4, open-market, last ~7 months) (PTC)
1 of 2 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-10-05 | Lathan Corinna | Director | 1,750 | $343K | 20.8% | Yes (adopted May 14, 2026) | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-05-12-05:00 | Christenson Alice | Chief Accounting Officer | 816 | $119K | 39.2% | No | Too little history (no open-market trades in 2023) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (PTC)
Consensus Hold (mean 2.94 on a 1–5 scale), 17 analysts; mean target USD 201 (low 170, high 205).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-06 | Citigroup | Target raised | Neutral | $141 → $205 |
| 2026-10-06 | Oppenheimer | Downgrade | Outperform → Perform | |
| 2026-10-06 | Mizuho | Target raised | Neutral | $160 → $205 |
| 2026-10-06 | BMO Capital | Downgrade | Outperform → Market Perform | $164 → $205 |
| 2026-10-05 | Rosenblatt | Downgrade | Buy → Neutral | $190 → $205 |
| 2026-10-05 | Barclays | Downgrade | Overweight → Equal-Weight | $155 → $205 |
| 2026-10-05 | JP Morgan | Upgrade | Underweight → Neutral | $145 → $205 |
| 2026-10-05 | RBC Capital | Downgrade | Outperform → Sector Perform | $195 → $306 |
| 2026-10-05 | Keybanc | Downgrade | Overweight → Sector Weight | |
| 2026-10-05 | Loop Capital | Downgrade | Buy → Hold | $200 → $205 |
| 2026-07-31 | Citigroup | Target raised | Neutral | $127 → $141 |
| 2026-07-30 | Stifel | Target lowered | Buy | $180 → $165 |
Total return (dividends reinvested) (PTC)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -5.2% | +51.4% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -5.2% | +8.6% |
| Volatility (annualized) | 46.6% | 32.7% |
| Max drawdown | -45.1% (Oct 2025→Jun 2026) | -47.1% (Aug 2025→Jun 2026) |
PTC revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Recurring Services | $576.0M | 96.0% | -6.1% |
| Product Lifecycle Management | $357.0M | 59.5% | -11.6% |
| Computer Aided Design | $243.1M | 40.5% | +1.2% |
| Perpetual License | $691,000 | 0.1% | -91.1% |
| Total revenue | $600.0M | 100% | — |
PTC revenue by region (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Americas | $270.3M | 45.0% | -4.3% |
| Europe | $202.5M | 33.8% | -15.4% |
| Asia Pacific | $127.2M | 21.2% | +4.2% |
| Total revenue | $600.0M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
PTC suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | ServiceMax | “While our Arena, ServiceMax, and Onshape solutions are cloud-native SaaS solutions, and we have introduced our Windchill+ and Creo+ SaaS solutions, customers may not adopt them as we expect.” |
| Partner | ITC Infotech India | “In 2022, we sold a portion of our PLM services business to ITC Infotech India Limited pursuant to a Strategic Partner Agreement dated as of April 20, 2022 by and between PTC and ITC Infotech.” |
| Partner | Parrot US Buyer | “On November 5, 2025, we entered into an Asset Purchase Agreement with Parrot US Buyer, L.P., a Delaware limited partnership ("Purchaser"), an entity controlled by investment funds affiliated with TPG Global, LLC.” |
| Partner | TPG Global | “On November 5, 2025, we entered into an Asset Purchase Agreement with Parrot US Buyer, L.P., a Delaware limited partnership ("Purchaser"), an entity controlled by investment funds affiliated with TPG Global, LLC.” |
| Competitor | Siemens | “For enterprise CAD and PLM solutions, we compete with large established companies including Autodesk, Dassault Systèmes SA, and Siemens AG.” |
| Competitor | IBM (IBM) | “For our ALM products, we compete with IBM, Jama Software, Inc. and Siemens AG.” |
| Competitor | Oracle (ORCL) | “For our SLM products, we compete with enterprise software companies such as Oracle, SAP, IFS AB, Microsoft, and Salesforce, and with companies that offer point solutions.” |
| Competitor | SAP (SAP) | “For our SLM products, we compete with enterprise software companies such as Oracle, SAP, IFS AB, Microsoft, and Salesforce, and with companies that offer point solutions.” |
| Competitor | Microsoft (MSFT) | “For our SLM products, we compete with enterprise software companies such as Oracle, SAP, IFS AB, Microsoft, and Salesforce, and with companies that offer point solutions.” |
| Competitor | Salesforce (CRM) | “For our SLM products, we compete with enterprise software companies such as Oracle, SAP, IFS AB, Microsoft, and Salesforce, and with companies that offer point solutions.” |
Quoted from the company's 10-K filed Nov 21, 2025.
PTC company outlook (results filed Jul 29, 2026)
- “Our strong financial performance in Q3 highlights the consistent commitment to excellence we strive for, resulting in our key metrics landing above the high end of our guidance.”
- “This performance to date and the visibility we have into our Q4 pipeline gives us confidence in raising the midpoint of our ARR guidance for the full year," said Jen DiRico, CFO. "Further, we remain committed to our capital allocation priorities, reinvesting in the business while identifying tuck-in acquisitions and opportunities to repurchase PTC stock.”
Quoted word-for-word from the SEC 8-K results press release.
PTC analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $1.96 | $1.81 | +8.3% | $665.3M | 15 |
| Next quarter (ends Dec 2026) | $1.94 | $1.85 | +4.7% | $670.9M | 13 |
| Current fiscal year (ends Sep 2026) | $8.20 | $8.08 | +1.5% | $2.72B | 19 |
| Next fiscal year (ends Sep 2027) | $8.92 | $8.63 | +3.3% | $2.90B | 19 |
PTC options: expected move
Options price a move of about ±1.3% (±$2.45) by Nov 20, 2026, which includes earnings on Nov 4, 2026. Over the last 8 reports the stock moved ±5.3% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 4.5% | ±1.3% |
| Dec 18, 2026 | 56 | 5.3% | ±1.4% |
| Jan 15, 2027 | 84 | 5.7% | ±2.3% |
| Apr 16, 2027 | 175 | 6.4% | ±4.0% |
30-day implied volatility 2.7% vs 86.6% realized over the last 30 trading days. Put/call ratio (volume) 0.26. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:49 UTC)
| Price | USD 194 |
|---|---|
| Change | ▼ 0.20% (down) |
| Previous Close | USD 194.38 |
| Open | USD 194.38 |
| Day Range | USD 193.95 – 194.61 |
| 52-Week Range | USD 108.5 – 206.67 |
| Volume | 2,554,945 shares |
| Market Cap | $21.07B |
| Exchange | NMS |
Technical Analysis (PTC)
Nexqual's technical model rates PTC "BUY" based on 5 bullish and 1 bearish signals across 127 daily candles, as of October 23, 2026 at 09:49 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 77.98 (overbought) |
| vs SMA50 | Above (USD 157.61) |
| MACD | 13.09 (positive) |
Analyst Ratings (PTC)
Wall Street analysts rate PTC "Hold" based on 17 analysts, with a mean price target of USD 201 (range USD 170–205), per Nexqual as of October 23, 2026 at 09:49 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 17 |
| Mean Target | USD 201 |
| High Target | USD 205 |
| Low Target | USD 170 |
| Buy / Hold / Sell | 1 / 16 / 0 |
Earnings (PTC)
| Next Earnings Date | 2026-11-04 |
|---|---|
| EPS Estimate | USD 1.96 |
| Revenue Estimate | $665.31M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 1.58 vs est 1.56 ▲ beat |
| 2026-03-31 | USD 2.69 vs est 2.1 ▲ beat |
| 2025-12-31 | USD 1.92 vs est 1.56 ▲ beat |
| 2025-09-30 | USD 3.47 vs est 2.27 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:49 UTC.
Financials & Fundamentals (PTC)
| Total Revenue | $2.95B |
|---|---|
| Revenue Growth (latest quarter, YoY) | -6.80% |
| Gross Margin | +84.50% |
| Operating Margin | +28.23% |
| Profit Margin | +41.43% |
| ROE | +35.05% |
| Debt / Equity | 0.46 |
| Current Ratio | 1.03 |
| Total Cash | $351.45M |
| Total Debt | $1.61B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $935.48M (31.7% of revenue) |
Source: Nexqual, October 23, 2026 at 09:49 UTC.
Financial Health Score (PTC)
Nexqual rates PTC Inc.'s overall financial health "Strong" across five dimensions, as of October 23, 2026 at 09:49 UTC.
| Growth | Strong — Revenue +19% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 85%, operating 28% (last 12 months) |
| Balance Sheet | Solid — $351M cash and investments vs $1.42B debt (Jun 2026, SEC) |
| Cash Flow | Strong — FCF $935M (last 4 quarters to Jun 2026, SEC), 32% margin |
| Efficiency | Strong — ROE 35%, ROA 11.5% |
Ownership (PTC)
| Insider Ownership | +0.35% |
|---|---|
| Institutional Ownership | +107.53% |
| Shares Outstanding | 108.63M |
| Float | 107.91M |
| Short % of Float | +8.49% |
Source: Nexqual, October 23, 2026 at 09:49 UTC.
Leadership (PTC)
PTC Inc. is led by Neil Barua, President, CEO & Director, per Nexqual as of October 23, 2026 at 09:49 UTC.
| President, CEO & Director | Neil Barua |
|---|---|
| EVP, Chief Marketing & Sustainability Officer | Catherine A. Kniker |
| Executive VP & Chief Revenue Officer | Robert Dahdah |
| Executive VP & CFO | Jennifer DiRico |
| Chief Strategy Officer | Amit Jain |
Major Backers & Investors (PTC)
Notable institutional backers of PTC Inc. include T. Rowe Price, Jupiter Topco LLC, Pictet Asset Management Holding SA, according to Nexqual as of October 23, 2026 at 09:49 UTC.
Active Investors
| Investor | Stake |
|---|---|
| T. Rowe Price | 12.02% |
| Jupiter Topco LLC | 3.4% |
| Pictet Asset Management Holding SA | 3.39% |
| NORGES BANK | 2.89% |
| Invesco | 2.47% |
| JANUS INVESTMENT FUND-Janus Henderson Enterprise Fund | 2.4% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 12.24% |
| BlackRock | 10.6% |
| State Street | 5.95% |
| Geode Capital | 3.46% |
Source: Nexqual, October 23, 2026 at 09:49 UTC.
From PTC Inc.'s Latest SEC 10-K Filing (filed 2025-11-21)
Key Strengths & Strategy (as disclosed to the SEC)
- We employ over 7,000 people and support more than 30,000 customers globally.
- Our proprietary rights are subject to the risks and uncertainties described under Item 1A.
- Our strategic reseller and software partners enable us to increase our market reach, offer broader solutions, and add compelling technology to our offerings.
Partnerships
- Our Onshape® SaaS product development platform unites computer-aided design with data management, collaboration tools, and real-time analytics.
Legal & Regulatory Risks (Item 1A, quoted)
- The regulatory landscape for sustainability disclosures and obligations continues to evolve and expand, and additional laws or regulatory requirements may impose further compliance burdens on us and further increase our compliance and operating costs.
- We are subject to increasing, evolving, and conflicting expectations and scrutiny with respect to our sustainability disclosures and initiatives. Failure to meet stakeholder expectations or actual or perceived inconsistencies or inaccuracies in our sustainability disclosures could result in reputational harm, regulatory investigations, or litigation.
- Any legal action to protect our intellectual property rights that we may bring or be engaged in could be expensive, divert management's attention from regular operations, and lead to additional claims against us, and we may not prevail, any of which could adversely affect our business, financial condition, operating results, and prospects.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| SSNC | SS&C Technologies Holdings, Inc | USD 89.54 | ▲ 2.81% |
| DT | Dynatrace, Inc. | USD 63.37 | ▼ 2.18% |
| FICO | Fair Isaac Corporation | USD 823.27 | ▲ 3.53% |
| U | Unity Software Inc. | USD 40.27 | ▼ 2.28% |
| TYL | Tyler Technologies, Inc. | USD 392.45 | ▲ 4.44% |
| ZM | Zoom Communications, Inc. | USD 96.2 | ▼ 3.26% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:49 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt