PTC (NASDAQ:PTC) Stock Rating Lowered by KeyCorp

07 Oct 2026, 06:54 by Mitch Edgeman · The Markets Daily

PTC (NASDAQ:PTC – Get Free Report) was downgraded by analysts at KeyCorp from an “overweight” rating to a “sector weight” rating in a research report issued on Monday, MarketBeat.com reports.

Several other brokerages have also recently commented on PTC. Loop Capital cut PTC from a “buy” rating to a “hold” rating and increased their target price for the stock from $200.00 to $205.00 in a report on Monday. BNP Paribas Exane began coverage on PTC in a report on Thursday, June 18th. They issued a “neutral” rating and a $130.00 price target for the company. Royal Bank Of Canada downgraded shares of PTC from a “buy” rating to a “sector perform” rating and upped their price target for the stock from $195.00 to $306.00 in a research report on Monday. Barclays increased their price objective on shares of PTC from $150.00 to $155.00 and gave the stock an “overweight” rating in a report on Thursday, July 30th. Finally, Stifel Nicolaus lowered their price objective on shares of PTC from $180.00 to $165.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. Two research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $200.06.

Get Our Latest Stock Analysis on PTC

PTC Stock Up 0.4%

Shares of PTC opened at $193.00 on Monday. The company has a market capitalization of $20.94 billion, a P/E ratio of 18.67, a PEG ratio of 2.42 and a beta of 0.99. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.03 and a quick ratio of 1.03. PTC has a one year low of $108.50 and a one year high of $206.82. The business’s 50 day simple moving average is $145.37 and its 200-day simple moving average is $137.51.

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

Insider Activity at PTC

In other news, Director Corinna Lathan sold 1,750 shares of PTC stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $195.75, for a total transaction of $342,562.50. Following the completion of the sale, the director owned 6,679 shares in the company, valued at $1,307,414.25. The trade was a 20.76% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.29% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On PTC

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. T. Rowe Price Investment Management Inc. grew its holdings in PTC by 3.4% during the 4th 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 acquiring an additional 602,858 shares during the period. State Street Corp raised its position in shares of PTC by 10.2% during the 2nd quarter. State Street Corp now owns 6,452,323 shares of the technology company’s stock valued at $733,048,000 after acquiring an additional 596,955 shares during the last quarter. Jupiter Topco LLC acquired a new position in shares of PTC in the 2nd quarter valued at $418,553,000. Janus Henderson Group PLC lifted its stake in shares of PTC by 0.3% in the 1st quarter. Janus Henderson Group PLC now owns 3,530,070 shares of the technology company’s stock valued at $503,000,000 after purchasing an additional 11,278 shares during the period. Finally, Pictet Asset Management Holding SA boosted its position in shares of PTC by 17.8% in 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 purchasing an additional 529,208 shares during the last quarter. 95.14% of the stock is owned by institutional investors.

Key Headlines Impacting 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.