Ptc Stock Price, News & Analysis
Company Description
PTC, Inc. (NASDAQ: PTC) is a global software company in the information sector that focuses on software for manufacturers and product companies. According to the company, its software enables customers to digitally transform how they design, manufacture, and service the physical products that the world relies on. PTC is headquartered in Boston, Massachusetts, employs more than 7,000 people, and supports over 30,000 customers globally.
PTC operates in the software publishers industry and develops platforms that address multiple stages of the product lifecycle. Its portfolio includes computer-aided design (CAD), product lifecycle management (PLM), application lifecycle management (ALM), quality management system (QMS) capabilities, and related tools. These offerings are used by manufacturers, product companies, and organizations in regulated industries to manage complex product data, coordinate engineering work, and support compliance requirements.
Core focus: Intelligent Product Lifecycle
Across its news and disclosures, PTC describes a unifying vision it calls the Intelligent Product Lifecycle. This vision centers on helping customers build a product data foundation in engineering, extend the value of that data across the enterprise, and apply artificial intelligence (AI) to transform product development and service processes. PTC highlights this approach in areas such as automotive, medtech, aerospace and defense, federal programs, retail, and other regulated or complex manufacturing environments.
PTC’s Intelligent Product Lifecycle vision is reflected in multiple product families mentioned in company announcements, including:
- Windchill and Windchill+ – PLM solutions, including a software-as-a-service (SaaS) offering used to manage product data, engineering change processes, and collaboration across development and manufacturing teams.
- Onshape and Onshape Government – cloud-native CAD and product data management platforms, including a version designed for U.S. government compliance and hosted on AWS GovCloud (US).
- Arena PLM and Arena QMS – cloud PLM and QMS solutions that support product development, quality workflows, and supply chain collaboration, including Arena PLM for AWS GovCloud.
- Codebeamer and Codebeamer+ – ALM solutions that support requirements management, software development, and traceability, particularly in regulated industries.
- FlexPLM – a retail-focused PLM solution used in product development processes for brands and retailers.
- Creo – CAD software used for the design of complex products, including automotive components.
- ServiceMax – software referenced by PTC in connection with field service execution.
AI-driven capabilities across the portfolio
PTC emphasizes the integration of AI capabilities into its product lines as part of its Intelligent Product Lifecycle strategy. The company has announced:
- Codebeamer AI 1.0, which introduces governed AI assistance in ALM workflows, including a Requirements Assistant and Test Case Assistant designed to detect requirement quality issues and generate test cases from requirements, aligned with guidance such as INCOSE and ISTQB.
- Windchill AI, referenced as providing AI support for areas such as parts rationalization.
- ServiceMax AI, referenced for AI-driven work order insights in field service contexts.
- FlexPLM AI capabilities that automate tech pack creation in retail product development by extracting data from design drawings and populating bills of materials, measurements, construction details, attributes, and colorways.
- Arena AI Engine, which automates document review and comparison within PLM and QMS workflows, offering file summarization and file comparison actions, and is powered by Amazon Bedrock.
- Arena AI Assistant and Arena Supply Chain Intelligence (SCI) enhancements that support multilingual help topics and regulatory monitoring for electronic components.
These AI capabilities are presented by PTC as ways to reduce manual work, improve traceability, strengthen compliance, and help teams make faster, more confident decisions across the product lifecycle.
Support for regulated and complex industries
PTC’s announcements highlight its role in regulated industries and complex engineering environments. For example, the company describes its ALM suite as a system of record for software development and requirements management in industries such as automotive, medtech, federal, aerospace, and defense. PTC also notes that its Onshape Government and Arena PLM for AWS GovCloud connection provides a unified CAD, PDM, and PLM environment designed to meet U.S. government compliance requirements, including ITAR and EAR.
In another example, PTC reports that HOLON, a subsidiary of the BENTELER Group, is using Windchill+ to support the development of an autonomous Level-4 electric vehicle that complies with automotive industry requirements. PTC also describes a collaboration with Automobili Lamborghini S.p.A., where Lamborghini uses Windchill, Codebeamer, and Creo to connect design, engineering, and operations data and to improve development processes.
SaaS and cloud-native product development environments
PTC highlights the use of cloud-native and SaaS-based tools as part of its product strategy. Windchill+ is described as a SaaS PLM solution that replaces manual, paper-based processes with digital workflows. Onshape is characterized as a cloud-native CAD and PDM platform, and Onshape Government is described as the first fully cloud-native CAD and PDM solution designed specifically for U.S. government compliance, hosted on AWS GovCloud (US).
The connection between Onshape Government and Arena PLM for AWS GovCloud is presented as a way to give agencies and contractors a single environment to manage every stage of product development while maintaining security and compliance. PTC also notes that this connection uses measures such as role-based access and audit logs, and keeps bills of materials and engineering changes updated in real time.
Portfolio evolution and divestiture of IoT and industrial connectivity
PTC has announced an agreement to sell its Kepware industrial connectivity and ThingWorx Internet of Things (IoT) businesses to an entity controlled by investment funds affiliated with TPG. The transaction is described in both a press release and an 8-K filing that references an Asset Purchase Agreement. Under that agreement, PTC has agreed to sell these businesses, with the closing subject to regulatory approvals and other customary conditions. PTC states that this sale is intended to increase its focus on its Intelligent Product Lifecycle vision through its core CAD, PLM, ALM, and service lifecycle management (SLM) offerings and the adoption of AI and SaaS.
The 8-K filing describes the structure of the transaction, including the purchase price, potential adjustments, and closing conditions. It also notes that for three years following the closing, PTC and its subsidiaries will not engage in certain specified competitive businesses, subject to exceptions, and that PTC and the purchaser have agreed to indemnification provisions.
Customer use cases and industry applications
PTC’s public communications provide examples of how customers use its software:
- Automotive and mobility: HOLON uses Windchill+ to support development of an autonomous Level-4 electric vehicle, replacing manual processes with cloud-based PLM and enabling collaboration across development and future manufacturing sites. Lamborghini uses Creo for engine design and Windchill and Codebeamer for product data management and requirements and software engineering.
- Automotive technology and energy efficiency: Garrett Motion, described as a differentiated technology provider for emission reduction and energy efficiency, uses Onshape and is adopting Codebeamer+ and Windchill+ to unify engineering disciplines and broaden access to product data.
- Retail: PTC’s FlexPLM solution is used in retail product development, where new AI capabilities automate tech pack creation to help reduce errors and manual work.
- Regulated government programs: U.S. government agencies and defense contractors are cited as users of Onshape Government and Arena PLM for AWS GovCloud to manage product development in an ITAR- and EAR-compliant environment.
Corporate profile and capital markets
PTC is incorporated in Massachusetts and files reports with the U.S. Securities and Exchange Commission under Commission File Number 0-18059. Its common stock trades on NASDAQ under the symbol PTC. The company issues periodic 8-K filings regarding material events such as financial results, significant agreements, and changes in corporate governance, and it announces quarterly earnings dates through press releases.
Frequently Asked Questions (FAQ)
What does PTC, Inc. do?
PTC, Inc. is a global software company that provides software to manufacturers and product companies to help them digitally transform how they design, manufacture, and service physical products. Its portfolio spans CAD, PLM, ALM, QMS, and related tools that manage product and engineering data across the product lifecycle.
Where is PTC headquartered?
PTC states that it is headquartered in Boston, Massachusetts, and identifies itself as a global company with more than 7,000 employees and over 30,000 customers worldwide.
What is PTC’s stock symbol and exchange?
PTC’s common stock trades on NASDAQ under the ticker symbol PTC. The company files reports with the SEC as PTC Inc., a Massachusetts corporation.
What is the Intelligent Product Lifecycle vision?
PTC describes the Intelligent Product Lifecycle as its vision for enabling manufacturers and product companies to build a product data foundation in engineering, extend that data across the enterprise, and apply AI to transform product development, manufacturing, and service processes.
Which industries use PTC’s software?
PTC references usage in industries such as automotive, medtech, aerospace and defense, federal government programs, retail, and other regulated and complex manufacturing environments. Customers highlighted in company communications include HOLON, Automobili Lamborghini S.p.A., Garrett Motion, and organizations operating under U.S. government compliance requirements.
How does PTC use AI in its products?
PTC has introduced AI capabilities in several products, including Codebeamer AI for requirements and test case assistance, FlexPLM AI for tech pack creation in retail product development, Windchill AI and ServiceMax AI for engineering and service insights, and the Arena AI Engine for document summarization and comparison within PLM and QMS workflows.
What is Codebeamer and Codebeamer+?
Codebeamer is PTC’s application lifecycle management software, described as a system of record for software development and requirements management in regulated industries. Codebeamer+ is referenced as part of a SaaS-driven transformation at customers such as Garrett Motion, where it is used alongside Windchill+ and Onshape.
What is Windchill+?
Windchill+ is a SaaS PLM solution from PTC. It is used to create digital product development environments that replace manual, paper-based processes, provide real-time access to product information, and support collaboration across development and manufacturing sites.
What is Onshape Government and how does it relate to Arena PLM?
Onshape Government is described as a fully cloud-native CAD and PDM solution designed for U.S. government compliance and hosted on AWS GovCloud (US). PTC has announced a connection between Onshape Government and Arena PLM for AWS GovCloud that provides a unified CAD, PDM, and PLM environment for agencies, defense contractors, and other regulated organizations.
What is the transaction with TPG involving Kepware and ThingWorx?
PTC has entered into an Asset Purchase Agreement under which an entity controlled by investment funds affiliated with TPG will acquire PTC’s Kepware industrial connectivity and ThingWorx IoT businesses. The transaction is subject to regulatory approvals and other conditions, and PTC states that it intends to focus more on its core CAD, PLM, ALM, and SLM offerings and AI and SaaS adoption as a result of this sale.
Stock Performance
Ptc (PTC) stock last traded at $149.81, down 0.57% from the previous close. Over the past 12 months, the stock has lost 6.3%. At a market capitalization of $17.9B, PTC is classified as a large-cap stock with approximately 119.0M shares outstanding.
Latest News
Ptc has 10 recent news articles, with the latest published 3 days ago. Of the recent coverage, 6 articles coincided with positive price movement and 4 with negative movement. Key topics include conferences, AI, earnings date. View all PTC news →
SEC Filings
Ptc has filed 5 recent SEC filings, including 3 Form 4, 1 Form 144, 1 Form 8-K. The most recent filing was submitted on March 18, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all PTC SEC filings →
Insider Radar
Insider selling at Ptc over the past 90 days can reflect routine portfolio management, scheduled trading plans (Rule 10b5-1), tax planning, or compensation-related dispositions rather than a directional view on the stock.
Financial Highlights
Ptc generated $2.7B in revenue over the trailing twelve months, retaining a 83.8% gross margin, operating income reached $982.4M (35.9% operating margin), and net income was $734.0M, reflecting a 26.8% net profit margin. Diluted earnings per share stood at $6.08. The company generated $867.7M in operating cash flow. With a current ratio of 1.12, the company maintains adequate short-term liquidity.
Upcoming Events
BofA Industrials presentation
J.P. Morgan Global TMT presentation
Mizuho Technology presentation
ENOS Mk1 SpaceX launch
Ptc has 4 upcoming scheduled events. The next event, "BofA Industrials presentation", is scheduled for May 12, 2026 (in 52 days). Investors can track these dates to stay informed about potential catalysts that may affect the PTC stock price.
Short Interest History
Short interest in Ptc (PTC) currently stands at 3.0 million shares, down 10.8% from the previous reporting period, representing 2.6% of the float. Over the past 12 months, short interest has increased by 21.6%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Ptc (PTC) currently stands at 3.3 days, down 20% from the previous period. This days-to-cover ratio represents a balanced liquidity scenario for short positions. The days to cover has increased 21% over the past year, indicating improving liquidity conditions. The ratio has shown significant volatility over the period, ranging from 2.1 to 5.3 days.
PTC Company Profile & Sector Positioning
Ptc (PTC) operates in the Software - Application industry within the broader Services-prepackaged Software sector and is listed on the NASDAQ.
Investors comparing PTC often look at related companies in the same sector, including Tyler Technologies (TYL), Zoom Communications Inc (ZM), Hubspot Inc (HUBS), Ss&C Technologies (SSNC), and Guidewire Software Inc (GWRE). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate PTC's relative position within its industry.