PTC Inc. (PTC)
NASDAQ: PTC · IEX Real-Time Price · USD
176.24
+2.38 (1.37%)
May 31, 2024, 4:00 PM EDT - Market closed
PTC Inc. Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for PTC Inc. stock have an average target of 196.5, with a low estimate of 151 and a high estimate of 216. The average target predicts an increase of 11.50% from the current stock price of 176.24.
Analyst Consensus: Buy
* Price targets were last updated on May 2, 2024.
Analyst Ratings
The average analyst rating for PTC Inc. stock from 12 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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 4 | 4 | 4 | 3 | 3 |
| Buy | 6 | 7 | 7 | 7 | 7 | 7 |
| Hold | 3 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 13 | 13 | 13 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold Maintains $195 → $187 | Hold | Maintains | $195 → $187 | +6.11% | May 2, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $210 → $200 | Strong Buy | Maintains | $210 → $200 | +13.48% | May 2, 2024 |
| Baird | Baird | Buy Maintains $210 → $216 | Buy | Maintains | $210 → $216 | +22.56% | May 2, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $195 | Strong Buy | Maintains | $195 | +10.64% | Apr 12, 2024 |
| Barclays | Barclays | Buy Maintains $198 → $215 | Buy | Maintains | $198 → $215 | +21.99% | Apr 11, 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 11.50%
EPS This Year
4.97
from 2.06
Increased by 141.20%
EPS Next Year
5.99
from 4.97
Increased by 20.52%
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% | 20.3% | 17.8% | 17.9% |
| Avg | 11.1% | 11.5% | 10.7% | 11.8% | 13.4% |
| Low | 6.9% | 4.3% | 0.1% | 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.