PTC INC. (PTC) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does PTC INC. Do?
PTC Inc. operates as software and services company in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Software Products and Professional Services. It offers ThingWorx platform, which offers a set of capabilities that enable enterprises to digitally transform every aspect of their business with innovative solutions that are simple to create, easy to implement, scalable to meet future needs, and designed to enable customers to accelerate time to value; and Vuforia, which enables the visualization of digital information in a physical context and the creation of AR. The company also provides Onshape, a software-as-a-service product development platform unites computer-aided design with data management, collaboration tools, and real-time analytics; Arena, a PLM solution enables product teams to collaborate virtually anytime and anywhere; Creo, a 3D CAD technology enables the digital design, testing, and modification of product models; and Windchill, a product lifecycle management software. In addition, it offers Integrity, an application lifecycle management solution; Servigistics, service parts management solution; and consulting, implementation, training, cloud, and license and support services. The company was formerly known as Parametric Technology Corporation and changed its name to PTC Inc. in January 2013. PTC Inc. was incorporated in 1985 and is headquartered in Boston, Massachusetts. PTC INC. (PTC) is classified as a large-cap stock in the Technology sector, specifically within the Computer Software industry. The company is led by CEO James E. Heppelmann and employs approximately 6,500 people, headquartered in Needham, Massachusetts. With a market capitalization of $17.0B, PTC is one of the prominent companies in the Technology sector.
PTC INC. (PTC) Stock Rating — Reduce (April 2026)
As of April 2026, PTC INC. receives a Reduce rating with a composite score of 40.2/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.PTC ranks #2,437 out of 4,446 stocks in our coverage universe. Within the Technology sector, PTC INC. ranks #263 of 584 stocks, placing it in the upper half of its Technology peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
PTC Stock Price and 52-Week Range
PTC INC. (PTC) currently trades at $133.44. The stock lost $5.75 (4.1%) in the most recent trading session. The 52-week high for PTC is $219.69, which means the stock is currently trading -39.3% from its annual peak. The 52-week low is $133.38, putting the stock 0.0% above its annual trough. Recent trading volume was 1.3M shares, reflecting moderate market activity.
Is PTC Overvalued or Undervalued? — Valuation Analysis
PTC INC. (PTC) carries a value factor score of 43/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 31.75x, compared to the Technology sector average of 45.27x — a discount of 30%. The price-to-book ratio stands at 4.46x, versus the sector average of 3.16x. The price-to-sales ratio is 6.89x, compared to 1.06x for the average Technology stock. On an enterprise value basis, PTC trades at 24.39x EV/EBITDA, versus 12.79x for the sector.
Overall, PTC's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
PTC INC. Profitability — ROE, Margins, and Quality Score
PTC INC. (PTC) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 14.0%, compared to the Technology sector average of -1.4%, which is within a healthy range. Return on assets (ROA) comes in at 8.4% versus the sector average of -1.0%.
On a margin basis, PTC INC. reports gross margins of 81.9%, compared to 50.9% for the sector. The operating margin is 29.6% (sector: -0.5%). Net profit margin stands at 21.3%, versus -1.5% for the average Technology stock. Revenue growth is running at 13.7% on a trailing basis, compared to 14.2% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.
PTC Debt, Balance Sheet, and Financial Health
PTC INC. has a debt-to-equity ratio of 31.0%, compared to the Technology sector average of 43.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 1.22x, suggesting adequate working capital coverage. Total debt on the balance sheet is $1.17B.
PTC has a beta of 0.97, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for PTC INC. is 65/100, reflecting average volatility within the normal range for its sector.
PTC INC. Revenue and Earnings History — Quarterly Trend
In TTM 2026, PTC INC. reported revenue of $2.48B and earnings per share (EPS) of $1.40. Net income for the quarter was $539M. Gross margin was 81.9%. Operating income came in at $750M.
In Q1 2026, PTC INC. reported revenue of $686M and earnings per share (EPS) of $1.40. Net income for the quarter was $167M. Gross margin was 82.8%. Operating income came in at $221M.
In FY 2025, PTC INC. reported revenue of $2.74B and earnings per share (EPS) of $6.12. Net income for the quarter was $734M. Gross margin was 83.8%. Revenue grew 19.2% year-over-year compared to FY 2024. Operating income came in at $982M.
In Q3 2025, PTC INC. reported revenue of $644M and earnings per share (EPS) of $1.18. Net income for the quarter was $141M. Gross margin was 82.9%. Revenue grew 24.2% year-over-year compared to Q3 2024. Operating income came in at $210M.
Over the past 8 quarters, PTC INC. has demonstrated a growth trajectory, with revenue expanding from $603M to $2.48B. Investors analyzing PTC stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
PTC Dividend Yield and Income Analysis
PTC INC. (PTC) does not currently pay a dividend. This is common among growth-oriented companies in the Computer Software industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Technology dividend stocks may want to explore other Technology stocks or use the stock screener to filter by dividend yield.
PTC Momentum and Technical Analysis Profile
PTC INC. (PTC) has a momentum factor score of 32/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 28/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 15/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
PTC vs Competitors — Technology Sector Ranking and Peer Comparison
Within the Technology sector, PTC INC. (PTC) ranks #263 out of 584 stocks based on the Blank Capital composite score. This places PTC in the upper half of all Technology stocks in our coverage universe. Key competitors and sector peers include IHS Holding Ltd (IHS) with a score of 55.0/100, VERISIGN INC/CA (VRSN) with a score of 56.0/100, ESCO TECHNOLOGIES INC (ESE) with a score of 51.7/100, CareCloud, Inc. (CCLD) with a score of 46.9/100, and MMTec, Inc. (MTC) with a score of 47.4/100.
Comparing PTC against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full PTC vs S&P 500 (SPY) comparison to assess how PTC INC. stacks up against the broader market across all factor dimensions.
PTC Next Earnings Date
No upcoming earnings date has been announced for PTC INC. (PTC) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy PTC? — Investment Thesis Summary
The quantitative profile for PTC INC. suggests caution. Momentum is weak at 32/100, a headwind for near-term performance. Low volatility (stability score 65/100) reduces downside risk.
In summary, PTC INC. (PTC) earns a Reduce rating with a composite score of 40.2/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on PTC stock.
Related Resources for PTC Investors
Explore more research and tools: PTC vs S&P 500 comparison, top Technology stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare PTC head-to-head with peers: PTC vs IHS, PTC vs VRSN, PTC vs ESE.