Core Insights - Dassault Systèmes is a leading French software company specializing in 3D design, digital mock-up, and product lifecycle management (PLM) software, competing with major players like Siemens and Autodesk [1] Leadership Changes - The appointment of Pascal Daloz as both CEO and Chairman of the Board is a strategic decision aimed at enhancing the company's governance and strategic direction, reflecting confidence in his leadership [2] Financial Performance - On February 11, 2026, Dassault Systèmes reported earnings per share of $0.474, exceeding the estimated $0.47, and revenue of approximately $1.99 billion, surpassing the estimated $1.53 billion, indicating strong financial performance under Daloz's leadership [3] Stock Performance - The current stock price of DASTY is $20.33, showing a decrease of 0.85% with a change of $0.18, and has fluctuated between a low of $20.19 and a high of $20.40 today; over the past year, the stock reached a high of $44.18 and a low of $19.18, indicating volatility [4] Market Capitalization - Dassault Systèmes has a market capitalization of approximately $26.76 billion, with a trading volume of 222,214 shares on the OTC exchange, positioning the company well for future growth in the competitive software industry [5]

Core Viewpoint - PTC presents a compelling investment opportunity despite recent stock price pressures, attributed to a shift in investor focus towards AI-related companies and concerns about AI's impact on industrial software [1][2]. Company Overview - PTC is a leader in product lifecycle management (PLM) and computer-aided design (CAD) software, facilitating the creation of a digital thread for products throughout their lifecycle [4]. - The company's preferred metric, Annual Run Rate (ARR), reflects the annualized value of its active subscription software and contracts, which is crucial for revenue and cash flow [5]. Financial Performance - PTC's ARR growth is forecasted to slow to 7.5% to 9.5% in fiscal 2026, a significant decline from previous mid-teens growth expectations [6]. - The stock has declined by 10% over the past year, which is seen as a reaction to the slowing ARR and AI-related market concerns [2][6]. AI Integration - AI is viewed as a major opportunity for PTC rather than a threat, as the company is embedding AI into its existing systems to enhance value [8][9]. - Customers prefer AI to be integrated into trusted systems rather than as standalone solutions, aligning with PTC's strategic focus [9]. Future Outlook - Management anticipates a significant increase in ARR starting in Q4 of fiscal 2026, driven by large deals not yet reflected in current ARR figures [10]. - PTC's restructured go-to-market strategy aims to secure larger enterprise deals, enhancing its market position [11]. - The company expects to achieve $1 billion in free cash flow by 2026, indicating a favorable valuation with a free-cash-flow multiple of 18.7 based on its current market cap of $18.7 billion [12].