Latest news with #ServiceMax
Yahoo
4 days ago
- Business
- Yahoo
How Is PTC Inc.'s Stock Performance Compared to Other Software Stocks?
With a market cap of $20.7 billion, PTC Inc. (PTC) operates as a software company in the Americas and internationally. Headquartered in Boston, Massachusetts, the company offers a comprehensive portfolio of software solutions, including computer-aided design modeling, product lifecycle management, data orchestration, and experience management. Companies worth $10 billion or more are typically referred to as "large-cap stocks." PTC fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the software application industry. PTC offers Windchill, a suite that manages all aspects of the product development lifecycle, ThingWorx, an Industrial Internet of Things software, and ServiceMax, a service lifecycle management solution. Dear Tesla Stock Fans, Mark Your Calendars for June 22 Trump Is Giving Tesla's Robotaxis a Leg Up Ahead of June 22. Should You Buy TSLA Stock Now? Nvidia Says Quantum Computing Is Nearing an 'Inflection Point.' Here Are the 3 Best Stocks to Buy Now to Profit. Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Despite its strengths, the stock has plunged 17.5% from its 52-week high of $203.09 touched on Dec. 12, 2024. Moreover, over the past three months, PTC stock has grown 5.5%, underperforming the SPDR S&P Software & Services ETF's (XSW) 7.7% uptick during the same time frame. PTC stock has declined 8.9% on a YTD basis, underperforming XSW's 3.8% fall in 2025. Moreover, PTC has declined 3% over the past 52 weeks, underperforming XSW's 24.8% surge. PTC has been trading below its 200-day moving average since early February and above its 50-day moving average since early May. PTC shares surged marginally following the release of its Q2 earnings on Apr. 30. The company reported a 6% year-over-year growth in its revenue, which amounted to $636 million and topped Street forecasts. The company's non-GAAP operating margin also expanded by 490 basis points to 47%. PTC's adjusted earnings rose 23% from the prior year's quarter to $1.79 and surpassed the analyst estimates by 37.7%. Its rival, Workday, Inc. (WDAY) has declined 5.8% in 2025 and has grown 14.2% over the past year, outperforming the stock. Among the 18 analysts covering the PTC stock, the consensus rating is a 'Moderate Buy.' Its mean price target of $187.50 suggests a modest 11.3% upside potential from current price levels. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
12-02-2025
- Business
- Yahoo
PTC Launches ServiceMax AI, a Generative AI-Powered Field Service Assistant
Leading field service management solution delivers new GenAI capabilities to service organizations to increase technician effectiveness Reschedules appointments, automates manual tasks, reviews asset history, and provides predictive maintenance guidance to streamline service execution Intelligently searches through manuals, troubleshooting guides, and service history to answer technician questions and proactively recommend service resolutions BOSTON, Feb. 12, 2025 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced the release of the ServiceMax AI field service management assistant powered by generative artificial intelligence (GenAI). ServiceMax AI leverages the full documented history of a field asset stored in the ServiceMax® platform, including equipment data, service history, and known service resolutions, to help field service technicians get more done in less time. With the power of GenAI, technicians can use ServiceMax AI Chat to answer questions about a specific job or asset, automate manual documentation and scheduling tasks, and review proactive recommendations for predictive maintenance. ServiceMax AI is based on decades of field service expertise and the latest GenAI technology, enabling service organizations to modernize their workflows and the technician experience. For a more in-depth look at ServiceMax AI, including how it's addressing workforce challenges, how it mimics natural human interaction, and its place in the age of agentic AI, please read this blog from Joseph June, General Manager of ServiceMax: The Next Evolution in Field Service: AI-Powered ServiceMax is Solving the Technician Knowledge Challenge. About PTC PTC (NASDAQ: PTC) is a global software company that enables manufacturers and product companies to digitally transform how they design, manufacture, and service the physical products that the world relies on. Headquartered in Boston, Massachusetts, PTC employs over 7,000 people and supports more than 30,000 customers globally. For more information, please visit @PTC Blogs MediaGreg Paynegpayne@ InvestorsMatt Shimaomshimao@ PTC, ServiceMax, and the PTC logo are trademarks or registered trademarks of PTC Inc. and its subsidiaries in the United States and other countries. View original content to download multimedia: SOURCE PTC Inc.
