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Barchart

Rashmi Kumari

PTC Stock: Analyst Estimates & Ratings

Headquartered in Boston, Massachusetts, PTC Inc. (PTC) provides digital transformation solutions with a market cap of $20.94 billion. Specializing in software for product lifecycle management, industrial IoT, and augmented reality, PTC plays a pivotal role in helping businesses across various industries drive innovation and improve operational efficiency. The company’s comprehensive suite of software solutions enables organizations to design, manufacture, and manage products more effectively, ensuring they stay competitive in an increasingly digital world.

Shares of PTC have underperformed the broader market over the past year. The stock has gained 23.6% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 27%. Also, in 2024, PTC is up marginally compared to SPX’s 16.8% rise on a YTD basis.

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