Loop Capital Downgrades PTC (NASDAQ:PTC) to Hold

07 Oct 2026, 05:36 by Danessa Lincoln · The Markets Daily

PTC (NASDAQ:PTC – Get Free Report) was downgraded by equities researchers at Loop Capital from a “buy” rating to a “hold” rating in a report released on Monday, MarketBeat Ratings reports. They currently have a $205.00 target price on the technology company’s stock, up from their previous target price of $200.00. Loop Capital’s price objective indicates a potential upside of 6.22% from the stock’s current price.

A number of other analysts have also recently weighed in on PTC. Barclays upped their target price on shares of PTC from $150.00 to $155.00 and gave the company an “overweight” rating in a research note on Thursday, July 30th. BNP Paribas Exane initiated coverage on PTC in a report on Thursday, June 18th. They set a “neutral” rating and a $130.00 price objective on the stock. Wall Street Zen lowered PTC from a “buy” rating to a “hold” rating in a research note on Saturday, June 27th. Citigroup increased their target price on PTC from $127.00 to $141.00 and gave the stock a “neutral” rating in a report on Friday, July 31st. Finally, BMO Capital Markets raised their target price on PTC from $155.00 to $164.00 and gave the stock an “outperform” rating in a research report on Thursday, July 30th. Two investment analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $200.06.

Check Out Our Latest Report on PTC

PTC Stock Performance

Shares of NASDAQ PTC opened at $193.00 on Monday. The firm has a market capitalization of $20.94 billion, a price-to-earnings ratio of 18.67, a PEG ratio of 2.42 and a beta of 0.99. PTC has a one year low of $108.50 and a one year high of $206.82. The business has a fifty day simple moving average of $145.37 and a 200 day simple moving average of $137.51. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.40.

PTC (NASDAQ:PTC – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The technology company reported $1.58 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.01. The firm had revenue of $600.05 million for the quarter, compared to the consensus estimate of $611.62 million. PTC had a net margin of 41.67% and a return on equity of 25.31%. The business’s revenue was down 6.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.64 earnings per share. PTC has set its FY 2026 guidance at 7.870-8.420 EPS and its Q4 2026 guidance at 1.630-2.210 EPS. Sell-side analysts expect that PTC will post 6.56 EPS for the current year.

Insider Activity at PTC

In other news, Director Corinna Lathan sold 1,750 shares of the firm’s stock in a transaction on Monday, October 5th. The stock was sold at an average price of $195.75, for a total value of $342,562.50. Following the completion of the sale, the director directly owned 6,679 shares in the company, valued at approximately $1,307,414.25. This trade represents a 20.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.29% of the company’s stock.

Institutional Investors Weigh In On PTC

Hedge funds have recently added to or reduced their stakes in the stock. T. Rowe Price Investment Management Inc. lifted its position in shares of PTC by 3.4% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 18,384,246 shares of the technology company’s stock worth $3,202,720,000 after purchasing an additional 602,858 shares in the last quarter. State Street Corp increased its holdings in shares of PTC by 10.2% in the second quarter. State Street Corp now owns 6,452,323 shares of the technology company’s stock valued at $733,048,000 after purchasing an additional 596,955 shares in the last quarter. Jupiter Topco LLC acquired a new stake in shares of PTC in the second quarter valued at approximately $418,553,000. Janus Henderson Group PLC raised its position in PTC by 0.3% in the 1st quarter. Janus Henderson Group PLC now owns 3,530,070 shares of the technology company’s stock worth $503,000,000 after purchasing an additional 11,278 shares during the last quarter. Finally, Pictet Asset Management Holding SA lifted its holdings in PTC by 17.8% during the 1st quarter. Pictet Asset Management Holding SA now owns 3,505,930 shares of the technology company’s stock worth $499,525,000 after buying an additional 529,208 shares in the last quarter. Institutional investors own 95.14% of the company’s stock.

Trending Headlines about PTC

Here are the key news stories impacting PTC this week:

Positive Sentiment: Schneider Electric’s agreement to acquire PTC in an all-cash deal provides shareholders with a clearly defined $205 exit price and supports the stock’s recent sharp increase. Schneider expects the combination to strengthen its industrial-software and artificial-intelligence capabilities. Schneider Electric inks $22.6 billion takeover of software maker PTC
Positive Sentiment: JPMorgan upgraded PTC to “neutral” and raised its price target to $205 from $145, while Mizuho lifted its target to $205 from $160. These targets align with the proposed transaction value and indicate limited fundamental downside if the deal closes. PTC analyst rating updates
Positive Sentiment: From a technical perspective, PTC has formed a “golden cross,” with its 50-day moving average above its 200-day moving average. This suggests improving momentum, although technical signals are secondary to the pending merger. Should You Buy PTC After Golden Cross

PTC Company Profile

(Get Free Report)

PTC Inc (NASDAQ: PTC) develops software designed to help manufacturers and other industrial companies create, manage, operate and service physical products. Its portfolio supports product lifecycle management, computer-aided design, application lifecycle management, service lifecycle management, industrial Internet of Things applications and augmented reality.