How Is PTC Inc.'s Stock Performance Compared to Other Tech-Software Stocks?

PTC Inc. (PTC), headquartered in Boston, Massachusetts, develops and delivers technology solutions, comprised of software and services, used by discrete manufacturers to design, operate, and maintain complex products. Valued at $14.2 billion by market cap, the company’s technology is also used to connect products to the Internet for purposes of capturing and analyzing information from them.

Companies worth $10 billion or more are generally described as “large-cap stocks,” and PTC perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the software - application industry. PTC's strength lies in its established market position and technological expertise, driven by its PLM and CAD solutions with high customer stickiness. 

Despite its notable strength, PTC slipped 36.9% from its 52-week high of $208, achieved on Sep. 19, 2025. Over the past three months, PTC stock has gained 12%, underperforming the iShares Expanded Tech-Software Sector ETF’s (IGV) 17.2% gains during the same time frame.

Shares of PTC fell 24.8% on a YTD basis and dipped 35.8% over the past 52 weeks, underperforming IGV’s YTD losses of 1.2% and 7.7% over the last year.

To confirm the bearish trend, PTC has been trading below its 200-day moving average since early November, 2025. The stock is trading below its 50-day moving average recently. 

PTC has underperformed primarily due to top-line growth headwinds and lowered full-year revenue guidance following portfolio divestitures. Investor sentiment took a hit as full-year revenue targets were revised downward, partially reflecting the sale of its Kepware and ThingWorx product lines while enterprise spending slowness created friction for new Annual Recurring Revenue (ARR) deals. Furthermore, heavy insider selling and analyst downgrades added persistent downward pressure on the stock, offsetting solid underlying profitability and steady progress in its AI product rollouts. 

In the competitive arena of software - application, Dassault Systèmes SE (DASTY) has taken the lead over PTC, with a 15.7% downtick on a YTD basis and 28.4% losses over the past 52 weeks.

Wall Street analysts are reasonably bullish on PTC’s prospects. The stock has a consensus “Moderate Buy” rating from the 20 analysts covering it, and the mean price target of $172.90 suggests a notable potential upside of 31.8% from current price levels.

On the date of publication, Neha Panjwani 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. For more information please view the Barchart Disclosure Policy here.