RBC Capital analyst Matthew Hedberg maintained a Buy rating on PTC yesterday and set a price target of $224.00. The company’s shares closed yesterday at $198.82.
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Hedberg covers the Technology sector, focusing on stocks such as Gitlab, ServiceNow, and Snowflake. According to TipRanks, Hedberg has an average return of 21.8% and a 70.00% success rate on recommended stocks.
PTC has an analyst consensus of Strong Buy, with a price target consensus of $200.54, representing a 0.87% upside. In a report released on July 16, Oppenheimer also maintained a Buy rating on the stock with a $210.00 price target.
PTC market cap is currently $23.94B and has a P/E ratio of 54.84.
Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PTC in relation to earlier this year. Most recently, in May 2025, Trac Pham, a Director at PTC sold 38.00 shares for a total of $6,209.96.
Read More on PTC:
- PTC price target raised to $210 from $190 at Oppenheimer
- Autodesk Stock (ADSK) Soars After Signaling that PTC Deal Will Not Happen
- Autodesk no longer pursuing PTC acquisition, Bloomberg reports
- Autodesk jumps after saying focused on strategy, ‘tuck-in acquisitions’
- PTC price target raised to $203 from $175 at Barclays