Bulls vs Bears
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PTC Inc has a consensus price target of $189.81 based on the ratings of 16 analysts. The high is $230 issued by RBC Capital on November 7, 2024. The low is $138 issued by JP Morgan on December 14, 2021. The 3 most-recent analyst ratings were released by Baird, RBC Capital, and Piper Sandler on November 7, 2024, respectively. With an average price target of $220 between Baird, RBC Capital, and Piper Sandler, there's an implied 16.71% upside for PTC Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for PTC (NASDAQ:PTC) was reported by Baird on November 7, 2024. The analyst firm set a price target for $228.00 expecting PTC to rise to within 12 months (a possible 20.95% upside). 28 analyst firms have reported ratings in the last year.
The latest analyst rating for PTC (NASDAQ:PTC) was provided by Baird, and PTC maintained their outperform rating.
The last upgrade for PTC Inc happened on January 4, 2024 when JP Morgan raised their price target to $200. JP Morgan previously had a neutral for PTC Inc.
The last downgrade for PTC Inc happened on June 4, 2024 when Mizuho changed their price target from $200 to $190 for PTC Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of PTC, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for PTC was filed on November 7, 2024 so you should expect the next rating to be made available sometime around November 7, 2025.
While ratings are subjective and will change, the latest PTC (PTC) rating was a maintained with a price target of $226.00 to $228.00. The current price PTC (PTC) is trading at is $188.50, which is out of the analyst’s predicted range.
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