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 $16.4 billion by market cap, the company’s technology is also used to connect products to the Internet for purposes of capturing and analyzing information from them.
Shares of this global software company have underperformed the broader market over the past year. PTC has declined 16.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 24.3%. In 2026, PTC stock is down 17.3%, compared to the SPX’s 8.1% rise on a YTD basis.