Latest news with #Windchill
Yahoo
14-07-2025
- Business
- Yahoo
KeyBanc Maintains ‘Overweight' Rating on PTC Inc. (PTC); Raises PT
Billionaire Kerr Neilson has bought over $1.5 million worth of shares in PTC Inc. (NASDAQ:PTC), representing 0.09% of his stock portfolio, securing the company a spot in . A supply chain employee using the company's secure supply chain management software to update their customer's records. PTC Inc. (NASDAQ:PTC) recently achieved increased traction across its industrial software offerings, thanks to positive reseller channel checks. Citing this, on July 9, 2025, KeyBanc increased its price target on the company's stock from $185 to $198, maintaining an 'Overweight' rating. On the same day, PTC Inc. (NASDAQ:PTC) announced that Nimble, which is an AI logistics robotic firm, has started to leverage the company's Onshape and Arena cloud-based platforms, replacing its own legacy systems. This development, which was fully implemented within 60 days, highlights the growing demand for PTC's cloud-native tools in the high-growth tech industry. Reinforcing the analyst's optimistic outlook for the company's stock, PTC repurchased 463,000 shares for $75 million and repaid $500 million in senior notes, strengthening its financial health. This boosts investors' confidence ahead of fiscal 2025 free cash flow targets. PTC Inc. (NASDAQ:PTC) offers cloud-based platforms, including Windchill, Onshape, Arena, and ThingWorx, supporting digital transformation across a diverse range of sectors, making real-time collaboration, asset optimization, and enhanced product development possible. While we acknowledge the potential of PTC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 7 Best Fertilizer Stocks to Buy According to Hedge Funds and Growth Stock Portfolio: 12 Companies with At Least 30% Annual Growth Rates. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
18-06-2025
- 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
14-06-2025
- Business
- Yahoo
PTC Brings Cloud-Native Model-Based Definition to Onshape
PTC Inc. PTC recently introduced model-based definition (MBD) capabilities within its Onshape platform—a fully cloud-native CAD and PDM solution. This initiative marks the first MBD offering of its kind in a cloud-native environment, designed to streamline product development by embedding product manufacturing information (PMI) directly into 3D models. Currently available in an early visibility program with select customers, this new capability is expected to be generally available by the end of 2025. PTC will showcase these innovations at the Paris Air Show from June 16–19 in collaboration with Aura Aero, a pioneer in sustainable is a method of creating a comprehensive digital product definition within a 3D CAD model. Previously, manufacturing teams relied on 2D drawings to understand a product's design intent—dimensions, tolerances, annotations, materials and finishes. MBD eliminates the need for these separate 2D drawings by embedding all relevant PMI directly into the 3D model not only reduces miscommunication but also enables a seamless digital thread across the entire product lifecycle, from design and simulation to manufacturing and inspection. Despite the widespread adoption of 3D CAD tools, many manufacturing workflows still depend heavily on 2D drawings for critical information. This reliance on outdated methods not only slows down the process but also increases the risk of human error. The interpretation of 2D drawings introduces a manual layer in a digital workflow, creating inefficiencies and raising the likelihood of design and production mismatches. PTC is poised to gain from its strength in the product portfolio. The company's solutions aid industrial enterprises in enhancing operational efficiency, accelerating product and service innovation and boosting workforce productivity. The growing clout of the company's major technology platforms, including 3D modeling (CAD) offering Creo, lifecycle management (PLM) solution Windchill, data orchestration (IIoT) offering ThingWorx, and experience creation (AR) product Vuforia Studio, is expected to drive the top AI initiatives are additional tailwinds for the company's long-term success. PTC advanced its product portfolio with generative AI capabilities across PLM, ALM, SLM and CAD, including Windchill AI, Codebeamer 3.0, ServiceMax AI and Onshape AI Advisor. In April 2025, PTC unveiled two powerful additions to its Onshape platform — Onshape AI Advisor and Onshape Government. These innovative offerings highlight PTC's commitment to empowering engineers, designers and regulated organizations with powerful tools to streamline product development, enhance productivity and ensure regulatory compliance. By fusing gen AI and compliance-grade infrastructure into its cloud-native CAD and PDM ecosystem, it continues to accelerate innovation across industries. PTC Inc. price-consensus-chart | PTC Inc. Quote Besides commercial and government use, Onshape continues to make a huge impact in education as well. More than 1.5 million new signups per year come from students and educators. Top institutions such as Ohio State University, Duke University and the University of Southern California have incorporated Onshape into their engineering curricula, preparing the next generation of designers for a cloud-native, AI-enabled in September 2024, PTC signed an agreement with Amazon Web Services to grow its Onshape solution. This partnership focuses on enhancing Onshape's features, increasing customer adoption and advancing AI efforts, all to help designers and engineers develop high-quality products faster and more PTC continues to face headwinds as the lion's share of its fiscal 2024 revenue came from international markets and a strong U.S. dollar is expected to hurt growth. Ongoing tariff issues and weak global conditions add pressure. Due to this, PTC cut its ARR growth forecast for fiscal 2025 to 7–9%, lowering the high end from 10%, citing deal delays and rising uncertainty. PTC currently carries a Zacks Rank #2 (Buy). Shares of the company have declined 1.4% in the past year compared with the Zacks Computer-Software industry's growth of 11%. Image Source: Zacks Investment Research Some other top-ranked stocks from the broader technology space are Juniper Networks, Inc. JNPR, Arista Networks, Inc. ANET and Ubiquiti Inc. UI. JNPR presently sports a Zacks Rank #1 (Strong Buy), while ANET and UI carry a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank stocks is leveraging the 400-gig cycle to capture hyperscale switching opportunities inside the data center. The company is set to capitalize on the increasing demand for data center virtualization, cloud computing and mobile traffic packet/optical convergence. Juniper also introduced new features within the AI-driven enterprise portfolio that enable customers to simplify the rollout of their campus wired and wireless networks while bringing greater insight to network operators. In the last reported quarter, it delivered an earnings surprise of 4.88%.Arista delivered a trailing four-quarter average earnings surprise of 11.82% and has a long-term growth expectation of 14.81%. Arista currently serves five verticals, namely cloud titans (customers that deploy more than 1 million servers, cloud specialty providers, service providers, financial services and the rest of the enterprise. It supplies products to a prestigious set of customers, including Fortune 500 global companies in markets such as cloud titans, enterprises, financials and specialty cloud service effective management of its strong global network of more than 100 distributors and master resellers improved its visibility for future demand and inventory management techniques. In the last reported quarter, Ubiquiti delivered an earnings surprise of 33.3%. Its highly flexible global business model remains well-suited to adapt to the changing market dynamics to overcome challenges while maximizing growth. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Juniper Networks, Inc. (JNPR) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report PTC Inc. (PTC) : Free Stock Analysis Report Ubiquiti Inc. (UI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research



