S&P 500 rides Apple-led tech rally higher
PTC (NASDAQ:PTC) Inc. has reached an all-time high with its stock price hitting 213.96 USD, pushing its market capitalization to $26 billion. According to InvestingPro analysis, the company’s impressive gross profit margin of 81% demonstrates strong operational efficiency. This milestone reflects a significant upward trajectory for the company over the past year. The stock’s performance has been robust, with a 1-year change of 23.49%, underscoring strong investor confidence and potentially favorable market conditions. InvestingPro analysis indicates the stock is trading above its Fair Value, with a P/E ratio of 54.7x. Discover 12 additional exclusive ProTips and comprehensive valuation metrics with an InvestingPro subscription. This rise in stock value marks a notable achievement for PTC, as it continues to navigate the competitive landscape of its industry. For deeper insights into PTC’s financial health and future prospects, access the detailed Pro Research Report available exclusively on InvestingPro.
In other recent news, PTC Inc. reported impressive third-quarter earnings and revenue results, surpassing analyst expectations. The company achieved earnings per share of $1.64, significantly higher than the projected $1.18 by Rosenblatt and $1.21 by other analysts. Revenue reached $644 million, exceeding the anticipated $582.3 million. Following these results, both Rosenblatt and BMO Capital adjusted their price targets for PTC Inc. Rosenblatt increased its target from $204 to $227, while BMO Capital raised its target from $187 to $231, maintaining a Buy and Outperform rating, respectively. BMO Capital noted modest improvements in deal trends and described the results as "better than feared." These developments indicate a strong performance for PTC Inc. in the third quarter of 2025.
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