On September 15, PTC Inc. rose 5.2% in regular trading, trading at $137.58 per share, with turnover of approximately $77.36 million.
On the news front, Oppenheimer recently published a research note indicating that PTC's growth trajectory, customer retention and pricing dynamics, fiscal 2027 cash flow outlook, and AI tailwinds have become key areas of investor focus. The firm noted the company remains confident across all these dimensions. PTC has recently rolled out several AI-driven offerings, including the Onshape FeatureScript MCP server and Onshape Labs experimental AI tools, reinforcing its leadership in intelligent design solutions.
For context, PTC reported fiscal Q3 adjusted EPS of $1.58, narrowly beating the $1.57 consensus, while revenue of $600 million came in below the $611.6 million estimate. Earlier in fiscal Q2, PTC delivered a significant earnings beat at $2.69 versus the $2.11 estimate. Oppenheimer previously highlighted potential acceleration of annual recurring revenue growth heading into fiscal 2027, supported by strong sales productivity and expanding AI-focused product roadmaps. Citigroup raised its price target to $141 from $127 while maintaining a Neutral rating, and the average analyst target stands at $174.74.
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