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Citigroup analyst Tyler Radke maintains PTC (NASDAQ:PTC) with a Neutral and raises the price target from $141 to $205.
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PTC Inc. reported Q4 2026 revenue of $673.25 million, down 24.7% year-over-year, but beating consensus estimates by 2.38%. EPS came in at $2.03 versus $2.00 estimate. Key metrics showed mixed results with ARR slightly below estimates at $2.51 billion, while recurring revenue exceeded expectations. The stock holds a Zacks Rank #2 (Buy) rating.
PTC Inc. announced its financial results for the fourth fiscal quarter of 2026, exceeding analyst expectations for both revenue and adjusted earnings per share.
Investor rights law firms are investigating the proposed acquisition of PTC Inc. by Schneider Electric for $205.00 per share in cash to determine if the deal provides fair value to shareholders.
RBC Capital Markets reaffirmed its 'Outperform' rating on Schneider Electric, characterizing the company's acquisition of PTC as strategically sound despite recent stock price volatility.
Schneider Electric has finalized its multi-billion dollar acquisition of a software business from PTC.