PTC Stock (NASDAQ:PTC), Trade Ideas

PTC offers high-end computer-assisted design (Creo) and product lifecycle management (Windchill) software as well as Internet of Things and AR industrial solutions. Founded in 1985, PTC has 28,000 customers, with revenue stemming mostly from North America (45%) and Europe (40%).

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Shares of PTC Inc. (NASDAQ: PTC) were climbing in early trading on Monday, just weeks after the company acquired Pure-Systems.

PTC Analyst Turns Bullish, As Stock Trades At Discount To Peers

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PTC Inc (NASDAQ: PTC) has acquired pure-systems, a provider of product and software variant management solutions.

Software Company PTC Acquires pure-systems To Bolster ALM Capabilities

PTC Inc

PT CHANDRA ASRI U/ADR by PT Chandra Asri Pacific Tbk

PT Chandra Asri Pacific Tbk

PURETECH HEALTH PLC ORD by PureTech Health PLC

PureTech Health PLC

PetroGas Co

Petrocorp Inc

PTC Therapeutics Inc

PT WILMAR CAHAYA INDNSIA by PT Wilmar Cahaya Indonesia TBK

PT Wilmar Cahaya Indonesia Tbk

PARADE TECHS LTD SP/GDR by Parade Technologies Ltd.

Parade Technologies Ltd

<p>Rosenblatt  analyst Blair Abernethy   maintains PTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTC#NASDAQ">PTC</a>) with a Buy and maintains $195 price target.</p>


Rosenblatt Maintains Buy on PTC, Maintains $195 Price Target

<p>Barclays  analyst Saket Kalia   maintains PTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTC#NASDAQ">PTC</a>) with a Overweight and raises the price target from $198 to $215.</p>


Barclays Maintains Overweight on PTC, Raises Price Target to $215

<p><i>The collaboration will establish a seamless integration between the Trax and Servigistics platforms, enabling the timely availability of critical parts and allowing companies to streamline aircraft MRO maintenance activities for peak uptime and customer satisfaction.</i></p>


PTC Partners With Trax To Integrate Trax's Platforms And PTC's Servigistics

<p>PTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTC#NASDAQ">PTC</a>) has outperformed the market over the past 10 years by 7.64% on an annualized basis producing an average annual return of 18.42%. Currently, PTC has a market capitalization of $21.90 billion. </p>
<p><strong>Buying $1000 In PTC:</strong> If an investor had bought $1000 of PTC stock 10 years ago, it would be worth <strong>$5,494.63</strong> today based on a price of $183.19 for PTC at the time of writing.</p>
<h3>PTC's Performance Over Last 10 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1712766643_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


$1000 Invested In This Stock 10 Years Ago Would Be Worth $5,500 Today

<p>12 analysts have shared their evaluations of PTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTC#NASDAQ">PTC</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.</p>
<p>The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">9</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">8</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Analysts have set 12-month price targets for PTC, revealing an average target of $199.92, a high estimate of $210.00, and a low estimate of $177.00. This upward trend is evident, with the current average reflecting a 11.87% increase from the previous average price target of $178.70.</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1712059290_0.png" alt="price target chart" /></p>
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
<p>A comprehensive examination of how financial experts perceive PTC is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Joe Vruwink</td>
<td>Baird</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$210.00</td>
<td>-</td>
</tr>
<tr>
<td>Blair Abernethy</td>
<td>Rosenblatt</td>
<td>Raises</td>
<td>Buy</td>
<td>$195.00</td>
<td>$166.00</td>
</tr>
<tr>
<td>Matthew Hedberg</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$202.00</td>
<td>-</td>
</tr>
<tr>
<td>Daniel Jester</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$200.00</td>
<td>$195.00</td>
</tr>
<tr>
<td>Jason Celino</td>
<td>Keybanc</td>
<td>Raises</td>
<td>Overweight</td>
<td>$205.00</td>
<td>$190.00</td>
</tr>
<tr>
<td>Ken Wong</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$210.00</td>
<td>$190.00</td>
</tr>
<tr>
<td>Matthew Broome</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Buy</td>
<td>$210.00</td>
<td>$200.00</td>
</tr>
<tr>
<td>Daniel Jester</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$195.00</td>
<td>$184.00</td>
</tr>
<tr>
<td>Joe Vruwink</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$205.00</td>
<td>$200.00</td>
</tr>
<tr>
<td>Jason Celino</td>
<td>Keybanc</td>
<td>Raises</td>
<td>Overweight</td>
<td>$190.00</td>
<td>$177.00</td>
</tr>
<tr>
<td>Clarke Jeffries</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$177.00</td>
<td>$155.00</td>
</tr>
<tr>
<td>Stephen Tusa</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$200.00</td>
<td>$130.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to PTC. This offers insight into analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of PTC compared to the broader market.</li>
<li><strong>Price Targets:</strong> Gaining insights, analysts provide estimates for the future value of PTC's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
<p>Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of PTC's market position. Stay informed and make well-informed decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/PTC/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on PTC analyst ratings.</strong></a></p>
<h2>Unveiling the Story Behind PTC</h2>
<p>PTC offers high-end computer-assisted design (Creo) and product lifecycle management (Windchill) software as well as Internet of Things and AR industrial solutions. Founded in 1985, PTC has 28,000 customers, with revenue stemming mostly from North America (45%) and Europe (40%).</p>
<h3>Financial Milestones: PTC's Journey</h3>
<p><strong>Market Capitalization Analysis:</strong> Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.</p>
<p><strong>Revenue Growth:</strong> PTC's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of <strong>18.09%</strong>. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Information Technology sector.</p>
<p><strong>Net Margin:</strong> PTC's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of <strong>12.07%,</strong> the company may encounter challenges in effective cost control.</p>
<p><strong>Return on Equity (ROE):</strong> PTC's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of <strong>2.42%,</strong> the company may face hurdles in achieving optimal financial returns.</p>
<p><strong>Return on Assets (ROA):</strong> The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of <strong>1.06%,</strong> the company may need to address challenges in generating satisfactory returns from its assets.</p>
<p><strong>Debt Management:</strong> PTC's debt-to-equity ratio stands notably higher than the industry average, reaching <strong>0.87</strong>. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.</p>
<h2>The Significance of Analyst Ratings Explained</h2>
<p>Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.</p>
<p>Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Assessing PTC: Insights From 12 Financial Analysts

<p><strong>PTC's</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PTC#NYSE">PTC</a>) short percent of float has fallen 18.13% since its last report. The company recently reported that it has <strong>1.67 million shares sold short</strong>, which is 1.58% of all regular shares that are available for trading. Based on its trading volume, <strong>it would take traders 2.33 days to cover their short positions on average.</strong></p>
<h3>Why Short Interest Matters</h3>
<p>Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.</p>
<p>Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.</p>
<p><strong>See Also:</strong> <a href="https://www.benzinga.com/short-interest"><strong>List of the most shorted stocks</strong></a></p>
<h3>PTC Short Interest Graph (3 Months)</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1711738816_0.png" alt="short_fig" /></p>
<p>As you can see from the chart above the percentage of shares that are sold short for PTC has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.</p>
<h3>Comparing PTC's Short Interest Against Its Peers</h3>
<p>Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.</p>
<p>According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, PTC's peer group average for short interest as a percentage of float is 4.19%, which means the company has <strong>less</strong> short interest than most of its peers.</p>
<p>Did you know that increasing short interest can actually be <strong>bullish</strong> for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/"><strong>This post by Benzinga Money explains how you can profit from it.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and was reviewed by an editor.</em></p>


Short Sellers

Short Ideas

(PTC) - Analyzing PTC's Short Interest

<p>PTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTC#NASDAQ">PTC</a>) has outperformed the market over the past 5 years by 2.28% on an annualized basis producing an average annual return of 15.29%. Currently, PTC has a market capitalization of $22.75 billion. </p>
<p><strong>Buying $1000 In PTC:</strong> If an investor had bought $1000 of PTC stock 5 years ago, it would be worth <strong>$2,077.34</strong> today based on a price of $190.28 for PTC at the time of writing.</p>
<h3>PTC's Performance Over Last 5 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1711380616_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Here's How Much $1000 Invested In PTC 5 Years Ago Would Be Worth Today

<p>PTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTC#NASDAQ">PTC</a>) has outperformed the market over the past 10 years by 6.6% on an annualized basis producing an average annual return of 17.28%. Currently, PTC has a market capitalization of $22.21 billion. </p>
<p><strong>Buying $100 In PTC:</strong> If an investor had bought $100 of PTC stock 10 years ago, it would be worth <strong>$485.64</strong> today based on a price of $185.75 for PTC at the time of writing.</p>
<h3>PTC's Performance Over Last 10 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1710426619_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


$100 Invested In This Stock 10 Years Ago Would Be Worth $500 Today

<p><strong>PTC's</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PTC#NYSE">PTC</a>) short percent of float has risen 22.14% since its last report. The company recently reported that it has <strong>1.70 million shares sold short</strong>, which is 1.6% of all regular shares that are available for trading. Based on its trading volume, <strong>it would take traders 1.69 days to cover their short positions on average.</strong></p>
<h3>Why Short Interest Matters</h3>
<p>Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.</p>
<p>Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.</p>
<p><strong>See Also:</strong> <a href="https://www.benzinga.com/short-interest"><strong>List of the most shorted stocks</strong></a></p>
<h3>PTC Short Interest Graph (3 Months)</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1709224222_0.png" alt="short_fig" /></p>
<p>As you can see from the chart above the percentage of shares that are sold short for PTC has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.</p>
<h3>Comparing PTC's Short Interest Against Its Peers</h3>
<p>Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.</p>
<p>According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, PTC's peer group average for short interest as a percentage of float is 3.84%, which means the company has <strong>less</strong> short interest than most of its peers.</p>
<p>Did you know that increasing short interest can actually be <strong>bullish</strong> for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/"><strong>This post by Benzinga Money explains how you can profit from it.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and was reviewed by an editor.</em></p>


<p>PTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTC#NASDAQ">PTC</a>) has outperformed the market over the past 10 years by 5.89% on an annualized basis producing an average annual return of 16.33%. Currently, PTC has a market capitalization of $21.72 billion. </p>
<p><strong>Buying $1000 In PTC:</strong> If an investor had bought $1000 of PTC stock 10 years ago, it would be worth <strong>$4,679.80</strong> today based on a price of $181.67 for PTC at the time of writing.</p>
<h3>PTC's Performance Over Last 10 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1709042419_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Here's How Much $1000 Invested In PTC 10 Years Ago Would Be Worth Today

<p>PTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTC#NASDAQ">PTC</a>) has outperformed the market over the past 5 years by 2.57% on an annualized basis producing an average annual return of 15.2%. Currently, PTC has a market capitalization of $21.37 billion. </p>
<p><strong>Buying $1000 In PTC:</strong> If an investor had bought $1000 of PTC stock 5 years ago, it would be worth <strong>$2,047.88</strong> today based on a price of $178.73 for PTC at the time of writing.</p>
<h3>PTC's Performance Over Last 5 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1707148819_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


$1000 Invested In PTC 5 Years Ago Would Be Worth This Much Today

<p><strong>PTC's</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PTC#NYSE">PTC</a>) short percent of float has fallen 8.16% since its last report. The company recently reported that it has <strong>1.43 million shares sold short</strong>, which is 1.35% of all regular shares that are available for trading. Based on its trading volume, <strong>it would take traders 1.66 days to cover their short positions on average.</strong></p>
<h3>Why Short Interest Matters</h3>
<p>Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.</p>
<p>Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.</p>
<p><strong>See Also:</strong> <a href="https://www.benzinga.com/short-interest"><strong>List of the most shorted stocks</strong></a></p>
<h3>PTC Short Interest Graph (3 Months)</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1706902210_0.png" alt="short_fig" /></p>
<p>As you can see from the chart above the percentage of shares that are sold short for PTC has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.</p>
<h3>Comparing PTC's Short Interest Against Its Peers</h3>
<p>Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.</p>
<p>According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, PTC's peer group average for short interest as a percentage of float is 3.12%, which means the company has <strong>less</strong> short interest than most of its peers.</p>
<p>Did you know that increasing short interest can actually be <strong>bullish</strong> for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/"><strong>This post by Benzinga Money explains how you can profit from it.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and was reviewed by an editor.</em></p>


<p>Keybanc  analyst Jason Celino   maintains PTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTC#NASDAQ">PTC</a>) with a Overweight and raises the price target from $190 to $205.</p>


Keybanc Maintains Overweight on PTC, Raises Price Target to $205

<p>Oppenheimer  analyst Ken Wong   maintains PTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTC#NASDAQ">PTC</a>) with a Outperform and raises the price target from $190 to $210.</p>


Oppenheimer Maintains Outperform on PTC, Raises Price Target to $210

<p>Mizuho has decided to maintain its Buy rating of PTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTC#NASDAQ">PTC</a>) and raise its price target from $200.00 to $210.00.</p>
<p>Shares of PTC are trading down 1.41% over the last 24 hours, at $178.11 per share.</p>
<p>A move to $210.00 would account for a 17.9% increase from the current share price.</p>
<h3>About PTC</h3>
<p>PTC offers high-end computer-assisted design (Creo) and product lifecycle management (Windchill) software as well as Internet of Things and AR industrial solutions. Founded in 1985, PTC has 28,000 customers, with revenue stemming mostly from North America (45%) and Europe (40%).</p>
<h3>About Analyst Ratings</h3>
<p>Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.</p>
<p>Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.</p>
<p>If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Mizuho Maintains Buy Rating for PTC: Here's What You Need To Know

<p>Rosenblatt has decided to maintain its Buy rating of PTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTC#NASDAQ">PTC</a>) and raise its price target from $166.00 to $195.00.</p>
<p>Shares of PTC are trading down 2.02% over the last 24 hours, at $177.00 per share.</p>
<p>A move to $195.00 would account for a 10.17% increase from the current share price.</p>
<h3>About PTC</h3>
<p>PTC offers high-end computer-assisted design (Creo) and product lifecycle management (Windchill) software as well as Internet of Things and AR industrial solutions. Founded in 1985, PTC has 28,000 customers, with revenue stemming mostly from North America (45%) and Europe (40%).</p>
<h3>About Analyst Ratings</h3>
<p>Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.</p>
<p>Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.</p>
<p>If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Rosenblatt Maintains Buy Rating for PTC: Here's What You Need To Know

<p>RBC Capital  analyst Matthew Hedberg   reiterates PTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTC#NASDAQ">PTC</a>) with a Outperform and maintains $202 price target.</p>


Reiteration

RBC Capital Reiterates Outperform on PTC, Maintains $202 Price Target

<p>Mizuho  analyst Matthew Broome   maintains PTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTC#NASDAQ">PTC</a>) with a Buy and raises the price target from $200 to $210.</p>


Mizuho Maintains Buy on PTC, Raises Price Target to $210

<p>BMO Capital  analyst Daniel Jester   maintains PTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTC#NASDAQ">PTC</a>) with a Outperform and raises the price target from $195 to $200.</p>


BMO Capital Maintains Outperform on PTC, Raises Price Target to $200

<p>Rosenblatt  analyst Blair Abernethy   maintains PTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTC#NASDAQ">PTC</a>) with a Buy and raises the price target from $166 to $195.</p>


Rosenblatt Maintains Buy on PTC, Raises Price Target to $195

Gen Digital downgraded; Intapp, others unchanged as earnings approach: Barclays

PTC: Valuations Look Stretched

In a report released on April 15, Matthew Hedberg from RBC Capital maintained a Buy rating on PTC (PTC – Research Report), with a price target of $...

New Buy Rating for PTC (PTC), the Technology Giant

BMO Capital analyst Daniel Jester has assigned their bullish stance on PTC stock, giving a Buy rating on April 15. Daniel Jester has given his Buy ...

Buy Rating Affirmed for PTC with Positive ARR Growth and Strong FY2Q24 Outlook

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>The robotics industry is expected to reach $95.93 billion by 2029, growing at a <a href="https://www.mordorintelligence.com/industry-reports/robotics-market">CAGR of 15.91%</a>. Robotics has become more prominent in the market due to an increase in demand combined with large investments in the industry. This makes it clear that with the innovation-based economy and robotic industry growth, investing in these top robotics stocks to buy will benefit your portfolio.</p>



<h2><strong>PTC (PTC)</strong></h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/09/ptc-stock-1-300x169.jpg" alt="The PTC (PTC) website is displayed on an open laptop."><div>Source: Casimiro PT / Shutterstock.com</div></div><p><strong>PTC </strong>(NASDAQ:<span><a href="https://investorplace.com/stock-quotes/ptc-stock-quote/"><strong>PTC</strong></a></span>)<strong> </strong>provides an augmented reality and industrial IoT platform and CAD software. The company&rsquo;s products help manufacturers digitize product development processes, improving efficiency and driving innovation. Over the past year, its stock has climbed nearly 40%, but analysts are still bullish. 21 analysts have a median <a href="https://www.cnn.com/markets/stocks/PTC">price target</a> of $202, representing a 14% increase from the current price.&nbsp;</p>



<p><a href="https://investor.ptc.com/resources/news/news-details/2024/PTC-Announces-First-Fiscal-Quarter-2024-Results/default.aspx">PTC</a> is well-positioned to benefit from this secular digitization trend, and its latest earnings report underscores this point. In Q1 2024, the company grew ARR by 24% YOY, revenue by 18% YOY and free cash flow by 6% YOY. Despite the challenging macro backdrop, PTC maintained both top and bottom-line growth. For FY2024, the company forecasts ARR to increase by 14% YOY, revenue by 13% YOY, free cash flow by 23% YOY and EPS by 61% YOY. Supported by solid growth, PTC boasts resilient and robust financial figures.<br><br>Moreover, PTC has a history of making strategic acquisitions. Most recently, it <a href="https://www.ptc.com/en/news/2023/ptc-acquires-pure-systems">acquired pure-systems</a>, a leading provider of product variant management solutions. The acquisition is expected to add important functionality to PTC&rsquo;s existing portfolio of products and allow it to better support its customers.</p>



<h2><strong>Zebra Technologies (ZBRA)</strong></h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/09/zbra_zebra_1600-300x169.jpg" alt="A photo of the sign for Zebra Technologies (ZBRA) outside of a building."><div>Source: Michael Vi/ShutterStock.com</div></div><p><strong>Zebra Technologies</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/zbra-stock-quote/"><strong>ZBRA</strong></a></span>)<strong> </strong>provides enterprise asset intelligence solutions worldwide, including barcode scanners, interactive kiosks, mobile devices and software. The company&rsquo;s products help businesses digitize and automate their workflows, improving productivity and operational efficiency.<br><br>Unfortunately, weakening demand has negatively impacted <a href="https://www.zebra.com/us/en/about-zebra/newsroom/press-releases/2024/zebra-technologies-announces-fourth-quarter-and-full-year-2023-results.html">Zebra&rsquo;s sales</a>, and the company&rsquo;s financial figures have been struggling in recent quarters. In Q4 2023, net sales fell by 32.9% YOY, and net income decreased by 90.9% YOY, underscoring Zebra&rsquo;s challenges. However, this weakness can be attributed to market and macroeconomic conditions, not to any issues within the company itself. Zebra&rsquo;s global presence, scale and diversified business give it a distinct competitive advantage.&nbsp;</p>



<p>Moreover, Zebra is at the forefront of the AI revolution, introducing its exciting innovations. The company&rsquo;s <a href="https://www.zebra.com/us/en/about-zebra/newsroom/press-releases/2024/zebra-technologies-to-unveil-new-generative-ai-capabilities-at-google-cloud-next.html">AI initiatives</a> can potentially drive demand for its products. For example, Zebra collaborates with industry giants like <strong>Alphabet&rsquo;s </strong>(NASDAQ:<span><a href="https://investorplace.com/stock-quotes/goog-stock-quote/"><strong>GOOG</strong></a></span>, NASDAQ:<span><a href="https://investorplace.com/stock-quotes/googl-stock-quote/"><strong>GOOGL</strong></a></span>) Google Cloud and Android, as well as <strong>Qualcomm </strong>(NASDAQ:<span><a href="https://investorplace.com/stock-quotes/qcom-stock-quote/"><strong>QCOM</strong></a></span>) to incorporate new generative AI capabilities into its handheld devices. This cutting-edge technology will empower front-line employees to access domain-specific knowledge, enhancing their decision-making abilities and overall productivity.&nbsp;&nbsp;</p>



<p>To summarize, there is hope for a recovery in Zebra&rsquo;s business. Until then, you can pick up this option in robotics stocks to buy at a reasonable <a href="https://seekingalpha.com/symbol/ZBRA/valuation/metrics">25 times forward earnings estimates</a>.</p>



<h2><strong>Hitachi (HTHIY)</strong></h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/01/hitachi-stock-1600-300x169.jpg" alt="the hitachi logo on a building"><div>Source: Denis Linine / Shutterstock.com</div></div><p><strong>Hitachi</strong> (OTCMKTS:<span><a href="https://investorplace.com/stock-quotes/hthiy-stock-quote/"><strong>HTHIY</strong></a></span>)<strong> </strong>is a Japanese multinational conglomerate that produces industrial equipment and technologies for robots. Currently trading at <a href="https://seekingalpha.com/symbol/HTHIY">$179.94</a>, HTHIY is up 24.79% YTD and is <a href="https://seekingalpha.com/symbol/HTHIY/ratings/sell-side-ratings">rated a &ldquo;strong buy&rdquo;</a> by Wall Street analysts.&nbsp;</p>



<p>In <a href="https://www.hitachi.com/New/cnews/month/2024/01/240131/2023_3Qpre.pdf">Q3 2023</a>, Hitachi beat analyst expectations and reported outstanding top- and bottom-line growth. Total revenues increased 16% YOY to 2,258 billion yen, while net income jumped an astonishing 116.2% YOY to 235.9 billion yen. The company&rsquo;s growth is expected to continue, with management forecasting a staggering 114% increase in EPS for FY 2023. This remarkable performance underscores the company&rsquo;s ability to enhance cash flows and scale its revenues, making it an attractive investment.&nbsp;</p>



<p>The most significant catalyst behind Hitachi&rsquo;s success is its <a href="https://www.hitachi.com/New/cnews/month/2024/03/240319.html">recent partnership with AI giant </a><strong><a href="https://www.hitachi.com/New/cnews/month/2024/03/240319.html">Nvidia</a> </strong>(NASDAQ:<span><a href="https://investorplace.com/stock-quotes/nvda-stock-quote/"><strong>NVDA</strong></a></span>) to incorporate generative AI into its business. Hitachi will utilize Nvidia Omniverse to stimulate and develop large-scale solutions through this collaboration. The company will also combine its Lumada AI library with Nvidia&rsquo;s AI Enterprise and Modulus platforms to enhance customer experience, improve its offerings and create a range of intelligent, AI-centric solutions. Overall, Hitachi&rsquo;s partnership with Nvidia will be a boon to its business by boosting efficiency in its products and services.</p>



<p>In summary, Hitachi is an attractive choice among robotics stocks to buy, boasting stellar financials and a strategic partnership with Nvidia.&nbsp;</p>



<p><em>On the date of publication, Michael Que did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;</em><a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank"><em>Publishing Guidelines</em></a><em>.</em></p>



<p><em>The researchers contributing to this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.</em></p>
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<p>The post <a href="https://investorplace.com/2024/04/3-robotics-stocks-to-buy-now-q2-edition/">3 Robotics Stocks to Buy Now: Q2 Edition</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

3 Robotics Stocks to Buy Now: Q2 Edition

Goldman's debt issuers stocks basket

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>The future of the robotics industry appears promising, with significant growth potential anticipated by 2030. As robotics technology advances, there will be a shift towards professional services robots dominating the market, addressing consumer demands for quicker deliveries and personalized products. Automation will increasingly replace lower-paying jobs, driven by labor shortages and rising wages. This evolution suggests a dynamic future where robotics stocks to buy now transform industries and create new opportunities in manufacturing, logistics and personalized services, contributing positively to economic growth and innovation in the U.S.</p>



<p>The robotics industry is expected to reach $95.93 billion by 2029, growing at a <a href="https://www.mordorintelligence.com/industry-reports/robotics-market">CAGR of 15.91%</a>. Robotics has become more prominent in the market due to increased demand combined with large investments in the industry. This makes it clear that investing in the industry will be profitable with the innovation-based economy and robotic industry growth, but investing in these three specific top robotics stocks will benefit your portfolio even more.</p>



<h2><strong>PTC (PTC)</strong></h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/09/ptc-stock-1-300x169.jpg" alt="The PTC (PTC) website is displayed on an open laptop."><div>Source: Casimiro PT / Shutterstock.com</div></div><p><strong>PTC </strong>(NASDAQ:<span><a href="https://investorplace.com/stock-quotes/ptc-stock-quote/"><strong>PTC</strong></a></span>)<strong> </strong>provides an augmented reality and industrial IoT platform and CAD software. The company&rsquo;s products help manufacturers digitize product development processes, improving efficiency and driving innovation. Over the past year, its stock has climbed nearly 40%, but analysts are still bullish. 21 analysts have a median <a href="https://www.cnn.com/markets/stocks/PTC">price target</a> of $202, representing a 14% increase from the current price.&nbsp;</p>



<p><a href="https://investor.ptc.com/resources/news/news-details/2024/PTC-Announces-First-Fiscal-Quarter-2024-Results/default.aspx">PTC</a> is well-positioned to benefit from this secular digitization trend, and its latest earnings report underscores this point. In Q1 2024, the company grew ARR by 24% YOY, revenue by 18% YOY, and free cash flow by 6% YOY. Despite the challenging macro backdrop, PTC maintained both top and bottom-line growth. For FY2024, the company forecasts ARR to increase by 14% YOY, revenue by 13% YOY, free cash flow by 23% YOY, and EPS by 61% YOY. Supported by solid growth, PTC boasts resilient and robust financial figures.<br><br>Moreover, PTC has a history of making strategic acquisitions. Most recently, it acquired pure-systems, a leading provider of product variant management solutions. The acquisition is expected to add important functionality to PTC&rsquo;s existing portfolio of products and allow it to support its customers better.</p>



<h2><strong>Zebra Technologies (ZBRA)</strong></h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/09/zbra_zebra_1600-300x169.jpg" alt="A photo of the sign for Zebra Technologies (ZBRA) outside of a building."><div>Source: Michael Vi/ShutterStock.com</div></div><p><strong>Zebra Technologies</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/zbra-stock-quote/"><strong>ZBRA</strong></a></span>)<strong> </strong>provides enterprise asset intelligence solutions worldwide, including barcode scanners, interactive kiosks, mobile devices, and software. The company&rsquo;s products help businesses digitize and automate their workflows, improving productivity and operational efficiency.<br><br>Unfortunately, weakening demand has negatively impacted <a href="https://www.zebra.com/us/en/about-zebra/newsroom/press-releases/2024/zebra-technologies-announces-fourth-quarter-and-full-year-2023-results.html">Zebra&rsquo;s sales</a>, and the company&rsquo;s financial figures have been struggling in recent quarters. In Q4 2023, net sales fell by 32.9% YOY, and net income decreased by 90.9% YOY, underscoring Zebra&rsquo;s challenges. However, this weakness can be attributed to market and macroeconomic conditions, not to any issues within the company itself. Zebra&rsquo;s global presence, scale and diversified business give it a distinct competitive advantage.&nbsp;</p>



<p>Moreover, Zebra is at the forefront of the AI revolution, introducing its exciting innovations. The company&rsquo;s <a href="https://www.zebra.com/us/en/about-zebra/newsroom/press-releases/2024/zebra-technologies-to-unveil-new-generative-ai-capabilities-at-google-cloud-next.html">AI initiatives</a> can potentially drive demand for its products. For example, Zebra collaborates with industry giants like <strong>Alphabet&rsquo;s </strong>(NASDAQ:<span><a href="https://investorplace.com/stock-quotes/goog-stock-quote/"><strong>GOOG</strong></a></span>, NASDAQ:<span><a href="https://investorplace.com/stock-quotes/googl-stock-quote/"><strong>GOOGL</strong></a></span>) Google Cloud and Android, as well as <strong>Qualcomm </strong>(NASDAQ:<span><a href="https://investorplace.com/stock-quotes/qcom-stock-quote/"><strong>QCOM</strong></a></span>) to incorporate new generative AI capabilities into its handheld devices. This cutting-edge technology will empower front-line employees to access domain-specific knowledge, enhancing their decision-making abilities and overall productivity.&nbsp;&nbsp;</p>



<p>To summarize, there is hope for a recovery in Zebra&rsquo;s business. Until then, you can buy this option in robotics stocks at a reasonable <a href="https://seekingalpha.com/symbol/ZBRA/valuation/metrics">25 times forward earnings estimates</a>.</p>



<h2><strong>Hitachi (HTHIY)</strong></h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/01/hitachi-stock-1600-300x169.jpg" alt="the hitachi logo on a building"><div>Source: Denis Linine / Shutterstock.com</div></div><p><strong>Hitachi</strong> (OTCMKTS:<span><a href="https://investorplace.com/stock-quotes/hthiy-stock-quote/"><strong>HTHIY</strong></a></span>)<strong> </strong>is a Japanese multinational conglomerate that produces industrial equipment and technologies for robots. Currently trading at <a href="https://seekingalpha.com/symbol/HTHIY">$179.94</a>, HTHIY is up 24.79% YTD and is <a href="https://seekingalpha.com/symbol/HTHIY/ratings/sell-side-ratings">rated a &ldquo;strong buy&rdquo;</a> by Wall Street analysts.&nbsp;</p>



<p>In <a href="https://www.hitachi.com/New/cnews/month/2024/01/240131/2023_3Qpre.pdf">Q3 2023</a>, Hitachi beat analyst expectations and reported outstanding top- and bottom-line growth. Total revenues increased 16% year over year to 2,258 billion yen, while net income jumped an astonishing 116.2% year over year to 235.9 billion yen. The company&rsquo;s growth is expected to continue, with management forecasting a staggering 114% increase in EPS for FY 2023. This remarkable performance underscores the company&rsquo;s ability to enhance cash flows and scale its revenues, making it an attractive investment.&nbsp;</p>



<p>The most significant catalyst behind Hitachi&rsquo;s success is its <a href="https://www.hitachi.com/New/cnews/month/2024/03/240319.html">recent partnership with AI giant </a><strong><a href="https://www.hitachi.com/New/cnews/month/2024/03/240319.html">Nvidia</a> </strong>(NASDAQ:<span><a href="https://investorplace.com/stock-quotes/nvda-stock-quote/"><strong>NVDA</strong></a></span>) to incorporate generative AI into its business. Hitachi will utilize Nvidia Omniverse to stimulate and develop large-scale solutions through this collaboration. The company will also combine its Lumada AI library with Nvidia&rsquo;s AI Enterprise and Modulus platforms to enhance customer experience, improve its offerings, and create intelligent, AI-centric solutions. Overall, Hitachi&rsquo;s partnership with Nvidia will be a boon to its business by boosting efficiency in its products and services.</p>



<p>Hitachi is an attractive choice among robotics stocks, boasting stellar financials and a strategic partnership with Nvidia.&nbsp;</p>



<p><em>On the date of publication, Michael Que did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;</em><a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank"><em>Publishing Guidelines</em></a><em>.</em></p>



<p><em>The researchers contributing to this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.</em></p>
<div><p>Michael Que is a financial writer with extensive experience in the technology industry, with his work featured on Seeking Alpha, Benzinga and MSN Money. He is the owner of Que Capital, a research firm that combines fundamental analysis with ESG factors to pick the best sustainable long-term investments.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/04/3-robotics-stocks-to-buy-now-q2-edition/">3 Robotics Stocks to Buy Now: Q2 Edition</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

PTC rises as Baird maintains Outperform rating following 'favorable' reseller feedback

Analyst Joseph Vruwink of Robert W. Baird maintained a Buy rating on PTC (PTC – Research Report), retaining the price target of $210.00. Joseph Vru...