
PTC (PTC) Stock Forecast & Price Target
PTC (PTC) Analyst Ratings
Bulls say
PTC is an established and leading provider of technical software and solutions for the global manufacturing industry with a transformation to a more stable recurring subscription revenue base (currently ~90%). Despite macro challenges, PTC's European ARR grew by 10% organically and 6% in Americas, with continuing growth opportunities through the cross-selling effort and innovations in PLM segment. With lowered fiscal estimates and comparable multiples, the PTC Inc. offers 32% returns at the current level for a stock rated Buy.
Bears say
PTC is divesting slower growth businesses to focus on high-growth areas such as PLM and SaaS, but also faces headwinds from customer churn in its ServiceMax division. Despite strong Q1 results, comparable design software multiples have compressed, leading to a lower target price of $200 and a Buy recommendation.
This aggregate rating is based on analysts' research of PTC and is not a guaranteed prediction by Public.com or investment advice.
PTC (PTC) Analyst Forecast & Price Prediction
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