PTC Inc. (PTC)
NASDAQ: PTC · IEX Real-Time Price · USD
182.89
+1.87 (1.03%)
At close: Jul 2, 2024, 4:00 PM
184.46
+1.57 (0.86%)
After-hours: Jul 2, 2024, 5:36 PM EDT
PTC Inc. Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for PTC Inc. stock have an average target of 199.73, with a low estimate of 177 and a high estimate of 216. The average target predicts an increase of 9.21% from the current stock price of 182.89.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PTC Inc. stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 3 | 3 | 2 | 1 |
| Buy | 7 | 7 | 7 | 7 | 7 | 7 |
| Hold | 2 | 2 | 2 | 2 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 12 | 12 | 12 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Strong Buy → Hold Downgrades $200 → $190 | Strong Buy → Hold | Downgrades | $200 → $190 | +3.89% | Jun 4, 2024 |
| Citigroup | Citigroup | Hold Maintains $195 → $187 | Hold | Maintains | $195 → $187 | +2.25% | May 2, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $210 → $200 | Strong Buy | Maintains | $210 → $200 | +9.36% | May 2, 2024 |
| Baird | Baird | Buy Maintains $210 → $216 | Buy | Maintains | $210 → $216 | +18.10% | May 2, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $195 | Strong Buy | Maintains | $195 | +6.62% | Apr 12, 2024 |
Financial Forecast
Revenue This Year
2.33B
from 2.10B
Increased by 11.11%
Revenue Next Year
2.60B
from 2.33B
Increased by 11.59%
EPS This Year
4.97
from 2.06
Increased by 141.20%
EPS Next Year
5.99
from 4.97
Increased by 20.53%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.5B | 2.8B | 3.1B | 3.4B | 3.8B |
| Avg | 2.3B | 2.6B | 2.9B | 3.2B | 3.6B |
| Low | 2.2B | 2.4B | 2.6B | 3.0B | 3.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.0% | 19.9% | 20.2% | 17.8% | 17.9% |
| Avg | 11.1% | 11.6% | 10.6% | 11.8% | 13.4% |
| Low | 6.9% | 4.3% | - | 5.9% | 10.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.35 | 7.56 | 8.51 | 9.00 | 8.15 |
| Avg | 4.97 | 5.99 | 7.07 | 7.91 | 7.84 |
| Low | 4.62 | 5.15 | 5.74 | 7.12 | 7.60 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 160.0% | 52.1% | 42.0% | 27.2% | 3.0% |
| Avg | 141.2% | 20.5% | 18.1% | 11.9% | -1.0% |
| Low | 124.1% | 3.7% | -4.1% | 0.7% | -3.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.