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How Is PTC Inc.'s Stock Performance Compared to Other Software Stocks?
How Is PTC Inc.'s Stock Performance Compared to Other Software Stocks?

Yahoo

time3 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

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