PTC (PTC) Stock Forecast, Price Target & Predictions
PTC Stock Forecast
PTC stock forecast is as follows: an average price target of $172.00 (represents a -9.12% downside from PTC’s last price of $189.27) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
PTC Price Target
The average price target for PTC (PTC) is $172.00 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $228.00 to $120.00. This represents a potential -9.12% downside from PTC's last price of $189.27.
PTC Analyst Ratings
According to 7 Wall Street analysts, PTC's rating consensus is 'Buy'. The analyst rating breakdown for PTC stock is 0 'Strong Buy' (0.00%), 7 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
PTC Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 07, 2024 | Joe Vruwink | Robert W. Baird | $228.00 | $189.10 | 20.57% | 20.46% |
| Oct 22, 2024 | Joe Vruwink | Robert W. Baird | $226.00 | $184.81 | 22.29% | 19.41% |
| Oct 15, 2024 | Daniel Jester | BMO Capital | $206.00 | $185.50 | 11.05% | 8.84% |
| Oct 14, 2024 | Yun Kim | Loop Capital Markets | $220.00 | $181.00 | 21.55% | 16.24% |
| Jun 04, 2024 | Siti Panigrahi | Mizuho Securities | $190.00 | $174.11 | 9.13% | 0.39% |
| Oct 30, 2023 | Ken Wong | Oppenheimer | $165.00 | $137.85 | 19.70% | -12.82% |
| May 24, 2023 | Daniel Jester | Loop Capital Markets | $166.00 | $130.09 | 27.61% | -12.29% |
| Jan 11, 2023 | - | Berenberg Bank | $155.00 | $127.40 | 21.66% | -18.11% |
| Apr 28, 2022 | - | Barclays | $120.00 | $114.55 | 4.76% | -36.60% |
| Apr 28, 2022 | - | Mizuho Securities | $135.00 | $110.60 | 22.06% | -28.67% |
The latest PTC stock forecast, released on Nov 07, 2024 by Joe Vruwink from Robert W. Baird, set a price target of $228.00, which represents a 20.57% increase from the stock price at the time of the forecast ($189.10), and a 20.46% increase from PTC last price ($189.27).
PTC Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 4 | 5 |
| Avg Price Target | $227.00 | $220.00 | $214.00 |
| Last Closing Price | $189.27 | $189.27 | $189.27 |
| Upside/Downside | 19.93% | 16.24% | 13.07% |
In the current month, the average price target of PTC stock is $227.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 19.93% increase as opposed to PTC's last price of $189.27. This month's average price target is up 3.18% compared to last quarter, and up 6.07% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 15, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Oct 14, 2024 | Loop Capital Markets | Buy | Buy | Hold |
| Aug 01, 2024 | RBC Capital | Buy | Buy | Hold |
| Aug 01, 2024 | Piper Sandler | Underperform | Underperform | Hold |
| Aug 01, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Jun 04, 2024 | Citigroup | Underperform | Underperform | Hold |
| Jun 04, 2024 | Mizuho Securities | Buy | Buy | Hold |
| May 02, 2024 | Robert W. Baird | Underperform | Underperform | Hold |
| May 02, 2024 | Barclays | Buy | Buy | Hold |
| May 02, 2024 | Citigroup | Neutral | Neutral | Hold |
PTC's last stock rating was published by BMO Capital on Oct 15, 2024. The company gave PTC a "Outperform" rating, the same as its previous rate.
PTC Financial Forecast
PTC Revenue Forecast
| Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $550.21M | $546.62M | $542.34M | $542.18M | $465.91M | $507.93M | $462.47M | $505.23M | $457.72M | $480.65M | $435.67M | $461.79M | $429.05M | $390.98M | $351.72M |
| Avg Forecast | $808.19M | $782.10M | $766.12M | $751.93M | $770.27M | $682.01M | $720.21M | $636.85M | $712.55M | $624.94M | $651.08M | $559.35M | $620.72M | $529.55M | $577.45M | $538.08M | $558.14M | $525.76M | $535.58M | $464.71M | $497.12M | $472.23M | $481.54M | $464.24M | $430.48M | $410.47M | $416.01M | $382.19M | $356.95M | $332.90M |
| High Forecast | $832.71M | $805.83M | $789.37M | $774.75M | $793.64M | $702.71M | $742.07M | $656.18M | $734.17M | $643.90M | $675.60M | $562.61M | $620.96M | $531.58M | $577.71M | $544.78M | $570.18M | $541.72M | $551.84M | $478.81M | $497.12M | $472.23M | $481.54M | $464.24M | $430.48M | $410.47M | $416.01M | $382.19M | $356.95M | $332.90M |
| Low Forecast | $787.59M | $762.17M | $746.59M | $732.77M | $750.64M | $664.63M | $701.86M | $620.62M | $694.39M | $609.01M | $635.24M | $553.59M | $620.48M | $527.51M | $577.19M | $534.33M | $546.74M | $512.36M | $521.94M | $452.87M | $497.12M | $472.23M | $481.54M | $464.24M | $430.48M | $410.47M | $416.01M | $382.19M | $356.95M | $332.90M |
| # Analysts | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 9 | 4 | 3 | 4 | 7 | 16 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 8 | 8 | 9 | 13 | 15 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 0.98% | 1.03% | 1.01% | 1.00% | 1.02% | 0.98% | 1.05% | 0.99% | 1.12% | 1.06% | 1.11% | 1.12% | 1.10% | 1.06% |
PTC's average Quarter revenue forecast for Mar 24 based on 4 analysts is $577.45M, with a low forecast of $577.19M, and a high forecast of $577.71M. PTC's average Quarter revenue forecast represents a 4.95% increase compared to the company's last Quarter revenue of $550.21M (Dec 23).
PTC EBITDA Forecast
| Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 9 | 4 | 3 | 4 | 7 | 16 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 8 | 8 | 9 | 13 | 15 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $118.71M | $156.48M | $145.87M | $158.76M | $133.61M | $175.15M | $119.49M | $186.12M | $99.31M | $214.21M | $103.22M | $130.18M | $117.15M | $96.79M | $114.13M |
| Avg Forecast | $219.92M | $212.82M | $208.47M | $204.61M | $209.60M | $185.58M | $195.98M | $173.29M | $193.89M | $170.05M | $177.17M | $152.20M | $168.90M | $144.09M | $79.21M | $146.42M | $151.88M | $143.06M | $72.01M | $104.00M | $129.39M | $225.41M | $125.33M | $120.83M | $112.04M | $106.84M | $65.46M | $99.47M | $92.90M | $86.65M |
| High Forecast | $226.59M | $219.28M | $214.79M | $210.82M | $215.96M | $191.21M | $201.92M | $178.55M | $199.77M | $175.21M | $183.84M | $153.09M | $168.97M | $144.65M | $95.05M | $148.24M | $155.15M | $147.41M | $86.41M | $124.80M | $129.39M | $270.49M | $125.33M | $120.83M | $112.04M | $106.84M | $78.55M | $99.47M | $92.90M | $86.65M |
| Low Forecast | $214.31M | $207.39M | $203.16M | $199.39M | $204.26M | $180.85M | $190.98M | $168.88M | $188.95M | $165.72M | $172.86M | $150.64M | $168.84M | $143.54M | $63.37M | $145.40M | $148.77M | $139.42M | $57.61M | $83.20M | $129.39M | $180.33M | $125.33M | $120.83M | $112.04M | $106.84M | $52.37M | $99.47M | $92.90M | $86.65M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.81% | 1.03% | 1.02% | 2.20% | 1.28% | 1.35% | 0.53% | 1.49% | 0.82% | 1.91% | 0.97% | 1.99% | 1.18% | 1.04% | 1.32% |
4 analysts predict PTC's average Quarter EBITDA for Mar 24 to be $79.21M, with a high of $95.05M and a low of $63.37M. This is -33.28% lower than PTC's previous annual EBITDA (Dec 23) of $118.71M.
PTC Net Income Forecast
| Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 9 | 4 | 3 | 4 | 7 | 16 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 8 | 8 | 9 | 13 | 15 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $66.39M | $45.60M | $61.40M | $63.50M | $75.03M | $106.84M | $70.48M | $89.68M | $46.09M | $292.94M | $51.20M | $109.26M | $23.52M | $53.41M | $34.68M |
| Avg Forecast | $274.69M | $248.54M | $249.98M | $204.18M | $248.51M | $191.95M | $226.61M | $168.08M | $231.04M | $176.78M | $197.50M | $111.85M | $175.66M | $117.16M | $66.48M | $116.93M | $137.98M | $120.67M | $60.44M | $55.53M | $139.20M | $77.06M | $135.86M | $126.68M | $79.52M | $76.49M | $54.94M | $79.29M | $68.65M | $53.62M |
| High Forecast | $285.53M | $258.35M | $259.85M | $212.23M | $258.31M | $199.52M | $235.55M | $174.71M | $240.16M | $183.75M | $207.83M | $169.34M | $182.11M | $117.39M | $79.78M | $125.28M | $151.29M | $125.43M | $72.52M | $66.63M | $146.42M | $92.48M | $135.86M | $126.68M | $79.52M | $76.49M | $65.93M | $79.29M | $68.65M | $53.62M |
| Low Forecast | $265.59M | $240.31M | $241.70M | $197.41M | $240.27M | $185.59M | $219.10M | $162.51M | $223.39M | $170.92M | $176.85M | $88.85M | $169.21M | $116.93M | $53.18M | $114.54M | $124.67M | $116.67M | $48.35M | $44.42M | $131.98M | $61.65M | $135.86M | $126.68M | $79.52M | $76.49M | $43.95M | $79.29M | $68.65M | $53.62M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.57% | 0.33% | 0.51% | 1.05% | 1.35% | 0.77% | 0.91% | 0.66% | 0.36% | 3.68% | 0.67% | 1.99% | 0.30% | 0.78% | 0.65% |
PTC's average Quarter net income forecast for Mar 24 is $66.48M, with a range of $53.18M to $79.78M. PTC's average Quarter net income forecast represents a 0.14% increase compared to the company's last Quarter net income of $66.39M (Dec 23).
PTC SG&A Forecast
| Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 9 | 4 | 3 | 4 | 7 | 16 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 8 | 8 | 9 | 13 | 15 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $206.13M | $197.02M | $202.14M | $195.13M | $169.35M | $169.74M | $178.94M | $163.88M | $177.42M | $178.05M | $181.50M | $189.98M | $174.25M | $161.75M | $140.30M |
| Avg Forecast | $302.91M | $293.13M | $287.14M | $281.82M | $288.69M | $255.62M | $269.93M | $238.69M | $267.06M | $234.23M | $244.03M | $209.64M | $232.65M | $198.47M | $115.60M | $201.67M | $209.19M | $197.05M | $105.09M | $213.74M | $195.27M | $195.67M | $189.15M | $182.36M | $169.10M | $161.24M | $95.53M | $150.13M | $140.21M | $130.77M |
| High Forecast | $312.10M | $302.03M | $295.85M | $290.37M | $297.46M | $263.37M | $278.13M | $245.94M | $275.17M | $241.33M | $253.21M | $210.87M | $232.74M | $199.23M | $138.72M | $204.18M | $213.70M | $203.03M | $126.11M | $256.49M | $195.27M | $234.80M | $189.15M | $182.36M | $169.10M | $161.24M | $114.64M | $150.13M | $140.21M | $130.77M |
| Low Forecast | $295.19M | $285.66M | $279.82M | $274.64M | $281.34M | $249.10M | $263.06M | $232.61M | $260.26M | $228.26M | $238.09M | $207.48M | $232.55M | $197.71M | $92.48M | $200.27M | $204.92M | $192.03M | $84.07M | $171.00M | $195.27M | $156.53M | $189.15M | $182.36M | $169.10M | $161.24M | $76.43M | $150.13M | $140.21M | $130.77M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 0.94% | 1.03% | 1.86% | 0.79% | 0.87% | 0.91% | 0.87% | 0.97% | 1.05% | 1.13% | 1.99% | 1.16% | 1.15% | 1.07% |
PTC's average Quarter SG&A projection for Mar 24 is $115.60M, based on 4 Wall Street analysts, with a range of $92.48M to $138.72M. The forecast indicates a -43.92% fall compared to PTC last annual SG&A of $206.13M (Dec 23).
PTC EPS Forecast
| Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 9 | 4 | 3 | 4 | 7 | 16 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 8 | 8 | 9 | 13 | 15 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.56 | $0.38 | $0.52 | $0.54 | $0.64 | $0.91 | $0.60 | $0.77 | $0.39 | $2.50 | $0.44 | $0.94 | $0.20 | $0.46 | $0.30 |
| Avg Forecast | $2.27 | $2.05 | $2.06 | $1.68 | $2.05 | $1.58 | $1.87 | $1.39 | $1.91 | $1.46 | $1.63 | $0.92 | $1.45 | $0.97 | $1.23 | $0.96 | $1.14 | $1.00 | $1.13 | $1.03 | $1.15 | $1.05 | $1.12 | $1.05 | $0.66 | $0.63 | $0.72 | $0.66 | $0.57 | $0.44 |
| High Forecast | $2.36 | $2.13 | $2.14 | $1.75 | $2.13 | $1.65 | $1.94 | $1.44 | $1.98 | $1.52 | $1.72 | $1.40 | $1.50 | $0.97 | $1.23 | $1.03 | $1.25 | $1.04 | $1.17 | $1.07 | $1.21 | $1.10 | $1.12 | $1.05 | $0.66 | $0.63 | $0.72 | $0.66 | $0.57 | $0.44 |
| Low Forecast | $2.19 | $1.98 | $1.99 | $1.63 | $1.98 | $1.53 | $1.81 | $1.34 | $1.84 | $1.41 | $1.46 | $0.73 | $1.40 | $0.96 | $1.23 | $0.95 | $1.03 | $0.96 | $1.09 | $0.99 | $1.09 | $0.99 | $1.12 | $1.05 | $0.66 | $0.63 | $0.72 | $0.66 | $0.57 | $0.44 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.58% | 0.33% | 0.52% | 0.48% | 0.62% | 0.79% | 0.57% | 0.68% | 0.37% | 3.80% | 0.70% | 1.30% | 0.30% | 0.81% | 0.68% |
According to 4 Wall Street analysts, PTC's projected average Quarter EPS for Mar 24 is $1.23, with a low estimate of $1.23 and a high estimate of $1.23. This represents a 119.05% increase compared to PTC previous annual EPS of $0.56 (Dec 23).
PTC Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CDAY | Dayforce | $69.52 | $81.33 | 16.99% | Hold |
| PCTY | Paylocity | $194.78 | $218.64 | 12.25% | Buy |
| BSY | Bentley Systems | $46.76 | $52.33 | 11.91% | Buy |
| ROP | Roper | $547.96 | $605.11 | 10.43% | Buy |
| ANSS | ANSYS | $339.52 | $359.60 | 5.91% | Buy |
| SSNC | SS&C Technologies | $72.90 | $75.50 | 3.57% | Buy |
| AZPN | Aspen | $247.00 | $254.40 | 3.00% | Buy |
| MANH | Manhattan Associates | $270.74 | $276.57 | 2.15% | Buy |
| TYL | Tyler | $599.68 | $558.00 | -6.95% | Buy |
| CDNS | Cadence Design Systems | $299.63 | $276.07 | -7.86% | Buy |
| PTC | PTC | $189.27 | $172.00 | -9.12% | Buy |
| BLKB | Blackbaud | $83.50 | $74.33 | -10.98% | Buy |
| GWRE | Guidewire Software | $196.37 | $164.70 | -16.13% | Buy |
| SAP | SAP SE | $233.20 | $173.08 | -25.78% | Buy |