On May 1, 2025, the renowned analyst Blair Abernethy from Rosenblatt reaffirmed their rating on PTC (PTC, Financial), maintaining a 'Buy' stance. This decision comes with no changes to the price target, which remains steady at $204.00 USD.
PTC (PTC, Financial) continues to receive positive attention from analysts, with Rosenblatt's assessment reinforcing confidence in the company's market performance. The consistent 'Buy' rating indicates a stable outlook and potential growth in the eyes of the analysts.
The stock price objective for PTC (PTC, Financial) has stayed at $204.00, with no alterations from its previous target. The unchanged price target suggests that the company is expected to maintain its trajectory, meeting the expectations set by Rosenblatt.
As PTC (PTC, Financial) remains on the radar for investors and analysts alike, this reaffirmation by Rosenblatt underlines the positive market sentiment surrounding the company. Investors will be keenly watching how PTC (PTC) performs against the backdrop of this steadfast target and rating.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 18 analysts, the average target price for PTC Inc (PTC, Financial) is $189.39 with a high estimate of $240.00 and a low estimate of $143.56. The average target implies an upside of 18.36% from the current price of $160.01. More detailed estimate data can be found on the PTC Inc (PTC) Forecast page.
Based on the consensus recommendation from 20 brokerage firms, PTC Inc's (PTC, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for PTC Inc (PTC, Financial) in one year is $182.06, suggesting a upside of 13.78% from the current price of $160.01. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the PTC Inc (PTC) Summary page.