PTC upgraded by KeyBanc Capital Markets with a new price target
$PTC
Computer Software: Prepackaged Software
Technology
KeyBanc Capital Markets upgraded PTC from Sector Weight to Overweight and set a new price target of $155.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/16/2025 | $220.00 → $183.00 | Outperform | BMO Capital Markets |
| 4/9/2025 | $160.00 | Overweight → Neutral | Analyst |
| 11/1/2024 | $210.00 → $196.00 | Buy → Hold | Berenberg |
| 6/4/2024 | $200.00 → $190.00 | Buy → Neutral | Mizuho |
| 1/4/2024 | $130.00 → $200.00 | Neutral → Overweight | JP Morgan |
| 10/30/2023 | $165.00 | Perform → Outperform | Oppenheimer |
| 6/14/2023 | $150.00 | Neutral | Piper Sandler |
| 5/24/2023 | $166.00 | Outperform | BMO Capital Markets |
8-K - PTC INC. (0000857005) (Filer)
8-K - PTC INC. (0000857005) (Filer)
10-Q - PTC INC. (0000857005) (Filer)
New AI-powered assistant offers designers step-by-step guidance and recommendations during design processOnshape Government delivers cloud-native CAD and PDM to aerospace and defense companies with ITAR and EAR compliance requirementsBOSTON, April 15, 2025 /PRNewswire/ -- PTC (NASDAQ:PTC) today announced two new offerings from its cloud-native Onshape® computer-aided design (CAD) and product data management (PDM) platform: Onshape AI Advisor, an intelligent, generative AI-powered assistant that enables the enhancement of design productivity and expertise, and Onshape Government, a specialized solution designed to meet the International Traffic in Arms Regulations (ITAR) and Export Administra
BOSTON, April 9, 2025 /PRNewswire/ -- PTC (NASDAQ:PTC) will release its fiscal 2025 second quarter results on Wednesday, April 30th after the stock market closes. Senior management will host a live webcast and conference call to review the results on Wednesday, April 30th at 5pm Eastern Time. The earnings press release, accompanying earnings presentation, and financial data tables will be accessible prior to the conference call and webcast on the Investor Relations section of the Company's website at PTC Investor Relations. What: PTC Fiscal Q2'25 Conference Call and Webcast W
BOSTON, April 2, 2025 /PRNewswire/ -- PTC (NASDAQ:PTC) today announced the acquisition of IncQuery Group. IncQuery Group offers application lifecycle management (ALM) and systems engineering development and consultancy services to global manufacturers and product companies. IncQuery Group helps simplify the product development process by connecting hardware and software engineering systems and enables better collaboration across development teams and more efficient management of product data. The acquisition further expands PTC's deep expertise in ALM, systems engineering, and
BMO Capital Markets reiterated coverage of PTC with a rating of Outperform and set a new price target of $183.00 from $220.00 previously
Analyst downgraded PTC from Overweight to Neutral and set a new price target of $160.00
Berenberg downgraded PTC from Buy to Hold and set a new price target of $196.00 from $210.00 previously
BOSTON, April 2, 2025 /PRNewswire/ -- PTC (NASDAQ:PTC) today announced the acquisition of IncQuery Group. IncQuery Group offers application lifecycle management (ALM) and systems engineering development and consultancy services to global manufacturers and product companies. IncQuery Group helps simplify the product development process by connecting hardware and software engineering systems and enables better collaboration across development teams and more efficient management of product data. The acquisition further expands PTC's deep expertise in ALM, systems engineering, and
BOSTON, March 13, 2025 /PRNewswire/ -- PTC (NASDAQ:PTC) today announced that it has appointed Trac Pham to its Board of Directors, effective March 17, 2025. Pham is the former Chief Financial Officer of Synopsys, a recognized leader in electronic design automation and semiconductor development. During his tenure as CFO, Pham led Synopsys through two significant transformations that helped scale the company from $2.0B to $5.1B in revenue while expanding operating margins. He is currently on the Board of Directors of UKG and SiFive, serving as Chair of the Audit Committee for bo
BOSTON, Dec. 9, 2024 /PRNewswire/ -- PTC (NASDAQ:PTC) today announced that it has appointed Robert Dahdah as Executive Vice President, Chief Revenue Officer. Dahdah joins PTC from Microsoft, where he served as Corporate Vice President of Global Healthcare and Life Sciences. Dahdah will be responsible for global sales and customer success for PTC's Digital Thread group and the overall execution of the company's vertical-focused go-to-market strategy. "Rob is an accomplished go-to-market leader with a proven track record of delivering results, building winning teams, and creatin
SC 13G/A - PTC INC. (0000857005) (Subject)
SC 13G/A - PTC INC. (0000857005) (Subject)
SC 13G/A - PTC INC. (0000857005) (Subject)
4 - PTC INC. (0000857005) (Issuer)
4 - PTC INC. (0000857005) (Issuer)
3 - PTC INC. (0000857005) (Issuer)
BOSTON, April 9, 2025 /PRNewswire/ -- PTC (NASDAQ:PTC) will release its fiscal 2025 second quarter results on Wednesday, April 30th after the stock market closes. Senior management will host a live webcast and conference call to review the results on Wednesday, April 30th at 5pm Eastern Time. The earnings press release, accompanying earnings presentation, and financial data tables will be accessible prior to the conference call and webcast on the Investor Relations section of the Company's website at PTC Investor Relations. What: PTC Fiscal Q2'25 Conference Call and Webcast W
Solid ARR and Cash Flow BOSTON, Feb. 5, 2025 /PRNewswire/ -- PTC (NASDAQ:PTC) today reported financial results for its first fiscal quarter ended December 31, 2024. "In Q1'25, we delivered solid year-over-year constant currency ARR growth of 11% and cash flow growth above 25%, which was in-line with our guidance. Our differentiated strategy leverages our unique portfolio to help product companies accelerate their time to market and manage increasing complexity. It's an exciting time because our products are at the epicenter of driving business transformation at our customers,"
BOSTON, Jan. 15, 2025 /PRNewswire/ -- PTC (NASDAQ:PTC) will release its fiscal 2025 first quarter results on Wednesday, February 5th after the stock market closes. Senior management will host a live webcast and conference call to review the results on Wednesday, February 5th at 5 pm Eastern Time. The earnings press release, accompanying earnings presentation, and financial data tables will be accessible prior to the conference call and webcast on the Investor Relations section of the Company's website at PTC Investor Relations. What: PTC Fiscal Q1'25 Conference Call and Webca