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PTC (DE:PMTA)
FRANKFURT:PMTA

PTC (PMTA) Price & Analysis

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PMTA Stock Chart & Stats

€101.00
€3.62(3.29%)
At close: 4:00 PM EDT
€101.00
€3.62(3.29%)

Bulls Say, Bears Say

Bulls Say
High Profitability / Margin ExpansionPTC’s TTM margins are materially higher than historical levels (net margin ~42%, EBIT ~39%), driven by high gross margins (roughly 79–84%) and operating leverage from subscription revenue. Sustained elevated margins provide durable cash generation and buffer slower top-line cycles if product mix and renewals hold.
Solid Cash Generation And ConversionFree cash flow closely tracks net income (FCF to net income ~0.99) and operating/FCF grew 14% YoY, indicating reliable cash conversion from reported earnings. Strong FCF supports buybacks, deleveraging and reinvestment, giving management durable financial flexibility over the next several quarters.
Recurring ARR Growth And Product MomentumRecurring ARR growth (~8.5% YoY) and management’s guidance (7.5%–9.5% ARR) reflect steady subscription demand across PLM, CAD, ALM and SLM. Recent product releases, AI-led modernization, and notable displacement wins suggest durable competitive positioning and an expanding pipeline that can sustain ARR-led revenue over coming quarters.
Bears Say
Slower Top-line GrowthRevenue growth has been uneven, with FY2025 nearly flat and only modest re-acceleration in the TTM (~4.8%). Slower organic top-line momentum increases reliance on margin expansion, share buybacks and one-time items to drive EPS, making sustained earnings upside more sensitive to renewed organic growth and cross-sell execution.
Back-half Execution And Deferred ARR DependenceManagement expects a meaningful Q4 step-up driven by deferred ARR, making full-year outcomes concentrated in H2 execution. This creates execution risk: if conversion or timing slips, ARR and revenue targets may miss, complicating forecasting and raising short-to-medium term volatility in growth trajectories.
Early-stage AI MonetizationWhile AI releases and customer POCs show product innovation, management acknowledges monetization is nascent and meaningful revenue contribution may lag. Dependence on eventual AI revenue adds uncertainty to medium-term growth assumptions and requires sustained R&D and GTM investment before providing durable top-line lift.

PTC News

PMTA FAQ

What was PTC’s price range in the past 12 months?
PTC lowest stock price was €98.00 and its highest was €190.15 in the past 12 months.
    What is PTC’s market cap?
    PTC’s market cap is €12.70B.
      When is PTC’s upcoming earnings report date?
      PTC’s upcoming earnings report date is Nov 04, 2026 which is in 98 days.
        How were PTC’s earnings last quarter?
        PTC released its earnings results on Jul 29, 2026. The company reported €0.904 earnings per share for the quarter, missing the consensus estimate of €1.375 by -€0.471.
          Is PTC overvalued?
          According to Wall Street analysts PTC’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does PTC pay dividends?
            PTC does not currently pay dividends.
            What is PTC’s EPS estimate?
            PTC’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does PTC have?
            PTC has 115,505,790 shares outstanding.
              What happened to PTC’s price movement after its last earnings report?
              PTC reported an EPS of €0.904 in its last earnings report, missing expectations of €1.375. Following the earnings report the stock price went up 3.419%.
                Which hedge fund is a major shareholder of PTC?
                Currently, no hedge funds are holding shares in DE:PMTA
                What is the TipRanks Smart Score and how is it calculated?
                Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                  Company Description

                  PTC

                  PTC Inc. operates as a global provider of software and services, with its market presence extending across the Americas, Europe, and the Asia Pacific regions. The company's business is organized into two primary divisions: Software Products and Professional Services. Among its key offerings is the ThingWorx platform, which furnishes enterprises with a suite of functionalities to drive digital innovation across their operations. These solutions are characterized by ease of creation and deployment, scalability for future demands, and their ability to accelerate value realization for customers. Another significant product, Vuforia, enables the visualization of digital information within real-world contexts and facilitates the development of augmented reality applications. PTC also delivers Onshape, a cloud-based product development platform that seamlessly integrates computer-aided design with robust data management, collaborative tools, and real-time analytical capabilities. For product lifecycle management (PLM), the company provides Arena, a solution designed to empower product teams to collaborate virtually from any location, and Windchill, another comprehensive PLM software. Furthermore, Creo stands as a leading 3D CAD technology, supporting the digital design, validation, and refinement of product models. Additional specialized software includes Integrity, an application lifecycle management solution, and Servigistics, focused on optimizing service parts management. Beyond its software portfolio, PTC offers an extensive array of professional services, encompassing consulting, implementation support, training programs, cloud solutions, and ongoing licensing and technical assistance. Established in 1985 and headquartered in Boston, Massachusetts, the company was originally named Parametric Technology Corporation before officially rebranding as PTC Inc. in January 2013.

                  PTC (PMTA) Earnings & Revenues

                  PMTA Company Deck

                  PMTA Earnings Call

                  Q2 2026
                  0:00 / 0:00
                  Earnings Call Sentiment|Positive
                  The call emphasized multiple positive operational and financial trends: ARR growth at the high end of guidance (8.5% YoY), 14% YoY cash flow growth, raised revenue and EPS guidance, aggressive share repurchases, and clear momentum from AI-driven modernization and product releases. Management highlighted measurable go-to-market improvements, higher-quality pipeline, and several displacement/customer wins across PLM, CAD, ALM and SLM. Offsetting these positives are familiar risks: macro uncertainty, comparability challenges from the divestiture, early-stage AI monetization (expected to ramp over time), and dependence on deferred ARR plus strong H2 execution to achieve full-year targets. Overall, the positives and concrete progress materially outweigh the listed risks, though several execution and macro caveats remain.View all DE:PMTA earnings summaries

                  PMTA Revenue Breakdown

                  63.57%63.57%36.43%
                  63.57% Product lifecycle management (PLM)
                  36.43% Computer-aided design (CAD)
                  tipranks

                  PMTA Stock 12 Month Forecast

                  Average Price Target

                  €149.11
                  ▲(47.63% Upside)
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10,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":152.25,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 9,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 7, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":151.15,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 8,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 7, \t&nbsp;</span>\n    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