Core Insights - PTC has expanded its partnership with Garrett Motion to include the adoption of Codebeamer+ ALM and Windchill+ PLM solutions, enhancing Garrett's product development tools and practices [1][6] - The integration of these solutions aims to unify engineering disciplines and improve collaboration across global teams, supporting Garrett's SaaS-driven transformation [3][4] Company Overview - Garrett Motion is a leader in differentiated technology for emission reduction and energy efficiency in the automotive sector, with a 70-year history of innovation [4] - The company focuses on developing technologies for Zero Emission Vehicles, including fuel cell compressors and electric propulsion systems, and operates six R&D centers and 13 manufacturing sites globally [4] Technology and Innovation - The successful implementation of PTC's Onshape platform has democratized access to CAD data and improved collaboration among cross-functional teams at Garrett [3] - The adoption of Codebeamer+ and Windchill+ is expected to enhance data access to software and hardware requirements, bills of material, and product configurations, aligning with PTC's Intelligent Product Lifecycle vision [3][6] Strategic Goals - The partnership aims to create an AI-ready architecture that will advance Garrett's differentiated technologies in the automotive industry [2] - PTC's vision includes deep integrations between CAD, PLM, and ALM to transform engineering processes and build a robust product data foundation necessary for AI adoption [4]

Core Insights - The recent dip in PTC's stock price presents a significant buying opportunity for long-term growth investors [1][2] - PTC is recognized for its leadership in digital transformation within product design and manufacturing, leveraging AI to enhance its software solutions [3][6] Company Overview - PTC specializes in software solutions that facilitate digital transformation across product design, manufacturing, operations, service, and disposal processes [3] - Key offerings include computer-aided design (CAD), product lifecycle management (PLM), application lifecycle management (ALM), and service lifecycle management (SLM) [3] Financial Performance - PTC's current market capitalization stands at $21 billion, with a recent stock price of $173.07, reflecting a 0.65% decrease [4] - The company's annual recurring revenue (ARR) for fiscal 2023 was $2.047 billion, with projections of $2.673 billion for fiscal 2026 [11] - Free cash flow (FCF) is expected to reach $1 billion by fiscal 2026, indicating a price-to-FCF multiple of 21.5, which is considered attractive given its growth rates [12] Growth Catalysts - The integration of AI into PTC's software is expected to enhance the efficacy of its solutions, driving further adoption and value for customers [6][7] - Despite a slowdown in the manufacturing sector, PTC has maintained growth in key metrics, with ARR growth projected to be in the high single-digit percentages [9][12] Market Context - The manufacturing sector has faced a prolonged slowdown, with economic activity contracting for eight consecutive months as of October [8] - PTC's ARR growth has slowed, with management forecasting a growth rate of 7.5% to 9.5% for fiscal 2026, which is below previous targets [9][10]

Core Insights - The company has recently announced divestitures, specifically regarding Kepware and ThingWorx, which have raised questions about the strategic rationale behind these decisions [1] Group 1: Divestitures - The divestitures of Kepware and ThingWorx were influenced by a shift in the direction of these businesses, which has diverged from the company's core focus [1] - There was significant effort invested in these deals in the past, indicating that the decision to divest is strategic rather than impulsive [1]

Core Insights - Investors in PTC Inc. should monitor stock movements due to significant activity in the options market, particularly the Jan 16, 2025 $125.00 Call, which has high implied volatility [1] Group 1: Implied Volatility - Implied volatility indicates the market's expectation of future price movement, suggesting that a significant event may be anticipated that could lead to a major price change [2] - High implied volatility in options often signals that traders expect a substantial move in the underlying stock, which could be due to an upcoming event [2] Group 2: Analyst Opinions - PTC currently holds a Zacks Rank 3 (Hold) in the Computer - Software Industry, which is in the top 22% of the Zacks Industry Rank [3] - Over the past 60 days, two analysts have raised their earnings estimates for the current quarter, while three have lowered theirs, resulting in a net increase in the Zacks Consensus Estimate from $1.57 to $1.68 per share [3] Group 3: Trading Strategies - The high implied volatility may indicate a developing trading opportunity, as seasoned options traders often seek to sell premium on options with high implied volatility to capture decay [4] - The goal for these traders is for the underlying stock to not move as much as initially expected by expiration [4]

Core Insights - PTC Inc. has shown strong financial performance with a significant increase in revenue and earnings per share, indicating robust growth potential in the technology sector [3] - Institutional investors have been actively increasing their stakes in PTC, reflecting confidence in the company's future prospects [1][6] Financial Performance - PTC reported earnings per share of $3.47 for the latest quarter, surpassing the consensus estimate of $2.26 by $1.21 [3] - The company's revenue reached $893.80 million, exceeding analyst expectations of $752.05 million, marking a 42.7% increase compared to the same quarter last year [3] - PTC's net margin stands at 20.74% and return on equity at 17.09% [3] Stock Performance - PTC's stock opened at $179.61, with a 1-year low of $133.38 and a high of $219.69 [2] - The company has a market capitalization of $21.52 billion, a P/E ratio of 42.36, and a P/E/G ratio of 1.90 [2] Analyst Ratings and Price Targets - Analysts have varied price targets for PTC, with BMO Capital Markets lowering their target from $231.00 to $219.00, while Robert W. Baird set a target of $255.00 [4] - The average price target for PTC is currently $205.92, with a consensus rating of "Moderate Buy" [4] Institutional Ownership - Hedge funds and institutional investors own 95.14% of PTC's stock, indicating strong institutional support [1] - Notable increases in stakes include Allworth Financial LP, which boosted its holdings by 887.0% in the second quarter [6]

Core Insights - Donovan Jones is an IPO research specialist with 15 years of experience in identifying high-quality IPO opportunities [1] - He leads the investing group IPO Edge, which provides actionable information on growth stocks through various resources [1] Group 1 - IPO Edge offers first-look IPO filings, previews on upcoming IPOs, an IPO calendar, a database of U.S. IPOs, and a guide to IPO investing [1] - The guide walks investors through the entire IPO lifecycle, including filing, listing, quiet period, and lockup expiration dates [1]

Core Insights - PTC's shares fell 7.5% following a weak revenue forecast for the upcoming quarter, overshadowing strong third-quarter results [1][2] Financial Performance - For Q3, PTC reported revenue of $893.8 million, a 42.7% year-over-year increase, exceeding Wall Street expectations [2] - Adjusted earnings per share for Q3 were $3.47, significantly beating analyst estimates [2] - The company projected Q4 revenue to be around $630 million, below analysts' consensus estimates, indicating potential demand slowdown [2] Market Reaction - PTC's stock is not very volatile, with only 6 moves greater than 5% in the past year, suggesting the market views this news as significant [4] - The stock is down 5.1% year-to-date and is trading 19.8% below its 52-week high of $216.53 from August 2025 [6]

Core Insights - PTC Inc reported a significant increase in non-GAAP EPS of $3.47 for Q4 fiscal 2025, marking a 126% year-over-year growth and surpassing the Zacks Consensus Estimate by 63% [1][9] - The company's revenues reached $894 million, reflecting a 43% year-over-year increase, and exceeded the consensus estimate by 20.2% [2][9] - PTC's fiscal 2025 revenues totaled $2.7 billion, a 19% increase from the previous year, with a strategic divestiture of Kepware and ThingWorx to sharpen focus on core areas [2][3] Revenue Breakdown - Recurring revenues amounted to $861 million, up 47.8% year over year, while perpetual licenses decreased by 15.9% to $8.4 million [4] - License revenues constituted 54.2% of total revenues at $484.1 million, a 102.2% increase from the prior year, while support and cloud services revenues rose 9.2% to $385.4 million [5] - PLM revenues were $588 million, increasing 44% year over year, and CAD revenues reached $306 million, up 40% [6] ARR and Operating Performance - Annualized recurring revenues (ARR) grew to $2.5 billion, a 10% increase year over year, with strong performance across all divisions [7] - Total operating expenses were $343.3 million, compared to $319.7 million in the prior-year quarter, while operating income on a non-GAAP basis rose to $526.3 million [8][10] Balance Sheet and Cash Flow - As of September 30, 2025, cash and cash equivalents were $184 million, down from $266 million a year earlier, while total debt decreased to $1.2 billion [11] - Cash provided by operating activities was $104 million, and free cash flow was $100 million, both showing improvements from the previous year [11] Share Repurchase and Guidance - PTC has a $2 billion share repurchase authorization and plans to execute $200 million in buybacks in Q1 fiscal 2026, indicating confidence in long-term growth [12] - For fiscal 2026, PTC projects revenues between $2.65 billion and $2.9 billion, with non-GAAP EPS estimated between $6.49 and $8.95 [14][15]

Core Insights - The article emphasizes the importance of enabling Javascript and cookies in browsers to prevent access issues [1] Group 1 - The article suggests that users may face blocks if ad-blockers are enabled, indicating a need for users to disable them for proper access [1]

Core Insights - PTC Inc. reported a revenue of $893.8 million for the quarter ended September 2025, marking a year-over-year increase of 42.7% and significantly surpassing the Zacks Consensus Estimate of $743.69 million by 20.18% [1] - The company's EPS for the same period was $3.47, compared to $1.54 a year ago, reflecting an EPS surprise of 53.54% against the consensus estimate of $2.26 [1] Revenue Breakdown - Annual Recurring Revenue (ARR) was reported at $2.48 billion, slightly above the average estimate of $2.47 billion from three analysts [4] - Recurring Revenue reached $861.07 million, exceeding the four-analyst average estimate of $706.85 million, with a year-over-year increase of 47.8% [4] - Professional Services revenue was $24.35 million, below the estimated $29.58 million, representing a year-over-year decline of 28.7% [4] - Total Software revenue (License + Support & Cloud Services) was $896.44 million, surpassing the average estimate of $715.45 million, with a year-over-year increase of 51.3% [4] - Perpetual License revenue was reported at $8.37 million, slightly below the average estimate of $8.63 million, reflecting a year-over-year decrease of 15.9% [4] Stock Performance - PTC Inc. shares have returned -5.1% over the past month, contrasting with the Zacks S&P 500 composite's +1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]