PTC Inc. (PTC)
NASDAQ: PTC · IEX Real-Time Price · USD
179.88
-0.62 (-0.34%)
Apr 25, 2024, 4:00 PM EDT - Market closed
PTC Inc. Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for PTC Inc. stock have an average target of 197.73, with a low estimate of 151 and a high estimate of 215. The average target predicts an increase of 9.92% from the current stock price of 179.88.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 4 | 4 | 4 | 3 |
| Buy | 6 | 6 | 7 | 7 | 7 | 7 |
| Hold | 3 | 3 | 2 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 13 | 13 | 13 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Rosenblatt | Rosenblatt | Strong Buy Maintains $195 | Strong Buy | Maintains | $195 | +8.41% | Apr 12, 2024 |
| Barclays | Barclays | Buy Maintains $198 → $215 | Buy | Maintains | $198 → $215 | +19.52% | Apr 11, 2024 |
| Baird | Baird | Buy Maintains $210 | Buy | Maintains | $210 | +16.74% | Apr 2, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $166 → $195 | Strong Buy | Maintains | $166 → $195 | +8.41% | Feb 1, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $202 | Buy | Reiterates | $202 | +12.30% | Feb 1, 2024 |
Financial Forecast
Revenue This Year
2.35B
from 2.10B
Increased by 11.97%
Revenue Next Year
2.63B
from 2.35B
Increased by 12.01%
EPS This Year
5.00
from 2.06
Increased by 142.75%
EPS Next Year
6.18
from 5.00
Increased by 23.51%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.5B | 2.8B | 3.2B | 3.4B | 3.8B |
| Avg | 2.3B | 2.6B | 2.9B | 3.2B | 3.6B |
| Low | 2.3B | 2.5B | 2.6B | 3.2B | 3.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.8% | 20.9% | 22.8% | 16.2% | 16.5% |
| Avg | 12.0% | 12.0% | 10.6% | 11.7% | 12.0% |
| Low | 7.9% | 5.3% | -0.6% | 8.4% | 8.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.49 | 7.72 | 8.82 | 7.57 | 8.10 |
| Avg | 5.00 | 6.18 | 7.36 | 7.28 | 7.79 |
| Low | 4.66 | 5.32 | 6.38 | 7.07 | 7.56 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 166.6% | 54.3% | 42.8% | 2.9% | 11.2% |
| Avg | 142.8% | 23.5% | 19.2% | -1.1% | 6.9% |
| Low | 126.4% | 6.4% | 3.3% | -4.0% | 3.8% |
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.