New York, May 29, 2026 (GLOBE NEWSWIRE) -- The Insight Partners published its latest market intelligence report on the Global Digital Twin Market. The study finds the market, valued at US$ 13,739.99 million in 2024, is projected to reach US$ 140,938.14 million by 2031, registering a compound annual growth rate (CAGR) of 40% over the 2025 - 2031 forecast period. Research draws on primary interviews with C-suite executives, OEM engineers, procurement heads, and policy analysts across more than 15 countries, augmented by proprietary databases and third-party validation. Market Overview The Digital Twin market comprises software platforms and virtual simulation technologies that create real-

PTC named Official Engine Design Software Partner of TRDCreo CAD and Windchill PLM are designated solutions for design and development of TRD's high-performance enginesCreo CAD and Windchill PLM enable advanced engineering capabilities, efficiencies, and speed to marketBOSTON, May 28, 2026 /PRNewswire/ --  PTC (NASDAQ:PTC) today announced that it was named the Official Engine Design Software Partner of TRD U.S.A. (Toyota Racing Development). PTC and its Creo® computer-aided design (CAD) and Windchill® product lifecycle management (PLM) solutions will support TRD in strengthening engineering capabilities, improving efficiency, and accelerating speed to market.

Mazda selects Codebeamer ALM solution to help strengthen requirements management, improve quality, support compliance, and accelerate innovation for software-defined vehicle developmentMaintains connectivity to Mazda's advanced Model-Based Development (MBD)Establishes foundation for integrated product development and future AI-enabled workflowsBOSTON, May 21, 2026 /PRNewswire/ -- PTC (NASDAQ:PTC) today announced that Mazda Motor Corporation, a leading global automaker, has selected the PTC Codebeamer® Application Lifecycle Management (ALM) solution to support its software-defined vehicle development (SDV). Mazda will use Codebeamer to standardize requirements, testing, and validation, enabli

Free access to Onshape, Creo+, Codebeamer+, and a startup package for Arena to manage every stage of the product lifecycle from design and development through compliance and launchAnnual renewals available to support startups through key funding and revenue milestonesExposure to PTC's global ecosystem to support industry visibilityBOSTON , May 13, 2026 /PRNewswire/ -- PTC (NASDAQ:PTC) today announced the expansion of its startup program to companies across all industries, extending a model that began with its Aerospace and Defense Startup Program, launched in 2025. Building on that program's success, PTC for Startups now makes PTC's professional-grade product development tools available to q

Connects Printed Circuit Board (PCB) design from Altium directly into Onshape in a unified cloud-native workflowEliminates file-based PCB data exchange between electrical and mechanical designStreamlines inclusion of detailed components in your personal or company libraryBOSTON, May 12, 2026 /PRNewswire/ -- PTC (NASDAQ:PTC) today announced a new integration between its cloud-native Onshape® computer‑aided design (CAD) and product data management (PDM) platform and Altium. The connector enables electrical and mechanical engineering teams to collaborate more effectively by bringing Printed Circuit Board (PCB) designs directly into Onshape and keeping changes synchronized across both platforms.

Collaboration agreement formed to advance market-specific ALM-PLM solutionsCodebeamer ALM solution selected to enhance collaboration, validation, traceability, and regulatory compliance across product development workflowsMulti-year collaboration aims to advance PTC's ALM and PLM market-specific capabilitiesBOSTON, May 5, 2026 /PRNewswire/ -- PTC (NASDAQ:PTC) today announced that Hamilton Medical, a global leader in intelligent mechanical ventilation solutions, selected PTC's Codebeamer® Application Lifecycle Management (ALM) solution to replace its legacy ALM system and paper-based processes. Further, PTC and Hamilton Medical, a long-term user of PTC's Windchill® Product Lifecycle Managemen

Allows users to ask questions in natural language to quickly find answers through an embedded chat interfaceHelps teams save time by summarizing and surfacing key details from product documentsApplies AI to existing Windchill data while maintaining security and access controlsBOSTON, April 28, 2026 /PRNewswire/ -- PTC (NASDAQ:PTC) today announced the release of Windchill AI Assistant, a new artificial intelligence (AI) capability built in its Windchill® product lifecycle management (PLM) solution. This new capability introduces generative AI into Windchill via a natural language chat interface, making it easier for users to find, understand, and work with critical product information already

CD&R (or the "Firm") today announced that Jim Lico, former President and Chief Executive Officer of Fortive Corporation (NYSE:FTV), a diversified industrial growth company, has been engaged as an Operating Advisor to CD&R funds. Jim will work with the Firm's industrials team to help source new investments and advise the funds' industrials businesses. Jim served as founding President and CEO of Fortive from 2016 to 2025, leading the company's separation from Danaher Corporation (NYSE:DHR), growing its market capitalization from $16 billion to $25 billion and delivering safety and productivity solutions across the industrial and healthcare sectors. During his tenure, Fortive delivered stron

MUNICH, April 22, 2026 /PRNewswire/ -- PTC (NASDAQ:PTC) PTC today announced it will demonstrate how Bobcat, a leading global manufacturer of compact equipment, can leverage the Intelligent Product Lifecycle to improve the development process of an excavator at Hannover Messe (HM) 2026. By creating a centralized product data foundation that connects design, engineering, and operations and enables AI-driven transformation, Bobcat can reduce time, errors, and rework across highly complex products and processes. Bobcat is known for inventing the compact equipment industry and has be

BOSTON, April 13, 2026 /PRNewswire/ -- PTC (NASDAQ:PTC) will release its fiscal 2026 second quarter results and on Wednesday, May 6th after the stock market closes. Senior management will host a live webcast and conference call to review the results on Wednesday, May 6th at 5 pm Eastern Time. The earnings press release, accompanying earnings presentation, and financial data tables will be accessible prior to the conference call and webcast on the Investor Relations section of the company's website at PTC Investor Relations. What: PTC Fiscal Q2'26 Conference Call and WebcastWhen:

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Barclays resumed coverage of PTC with a rating of Overweight and set a new price target of $180.00

BMO Capital Markets reiterated coverage of PTC with a rating of Outperform and set a new price target of $189.00 from $219.00 previously

Analyst downgraded PTC from Neutral to Underweight and set a new price target of $162.00

BMO Capital Markets reiterated coverage of PTC with a rating of Outperform and set a new price target of $219.00 from $231.00 previously

BMO Capital Markets reiterated coverage of PTC with a rating of Outperform and set a new price target of $231.00 from $187.00 previously

BMO Capital Markets reiterated coverage of PTC with a rating of Outperform and set a new price target of $187.00 from $183.00 previously

BMO Capital Markets reiterated coverage of PTC with a rating of Outperform and set a new price target of $183.00 from $220.00 previously

Analyst downgraded PTC from Overweight to Neutral and set a new price target of $160.00

Berenberg downgraded PTC from Buy to Hold and set a new price target of $196.00 from $210.00 previously

Mizuho downgraded PTC from Buy to Neutral and set a new price target of $190.00 from $200.00 previously

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BOSTON, Oct. 13, 2025 /PRNewswire/ -- PTC (NASDAQ:PTC) today announced that it has appointed James (Jim) Lico to its Board of Directors, effective October 13, 2025. Lico is the former President and Chief Executive Officer of Fortive Corporation, a provider of safety and productivity solutions to industrial and healthcare markets. During his tenure as President and CEO, Lico led Fortive's transformation following its 2016 separation from Danaher Corporation, building a focused portfolio that grew annual revenue to more than $6 billion and overseeing the separation of its Precis

BOSTON, Aug. 11, 2025 /PRNewswire/ -- PTC (NASDAQ:PTC) today announced that it has appointed Jon Stevenson as Executive Vice President, Chief Product Officer. Stevenson will be responsible for the strategy, development, and delivery of PTC's Digital Thread product portfolio. Stevenson brings more than three decades of experience in product development, engineering leadership, and technology innovation across CAD, PLM, AI, and SaaS. He previously held executive roles at Stratasys and GrabCAD and has more recently served as a board member, advisor, and investor to a variety of p

BOSTON, April 2, 2025 /PRNewswire/ -- PTC (NASDAQ:PTC) today announced the acquisition of IncQuery Group. IncQuery Group offers application lifecycle management (ALM) and systems engineering development and consultancy services to global manufacturers and product companies. IncQuery Group helps simplify the product development process by connecting hardware and software engineering systems and enables better collaboration across development teams and more efficient management of product data. The acquisition further expands PTC's deep expertise in ALM, systems engineering, and

BOSTON, March 13, 2025 /PRNewswire/ -- PTC (NASDAQ:PTC) today announced that it has appointed Trac Pham to its Board of Directors, effective March 17, 2025. Pham is the former Chief Financial Officer of Synopsys, a recognized leader in electronic design automation and semiconductor development. During his tenure as CFO, Pham led Synopsys through two significant transformations that helped scale the company from $2.0B to $5.1B in revenue while expanding operating margins. He is currently on the Board of Directors of UKG and SiFive, serving as Chair of the Audit Committee for bo

BOSTON, Dec. 9, 2024 /PRNewswire/ -- PTC (NASDAQ:PTC) today announced that it has appointed Robert Dahdah as Executive Vice President, Chief Revenue Officer. Dahdah joins PTC from Microsoft, where he served as Corporate Vice President of Global Healthcare and Life Sciences. Dahdah will be responsible for global sales and customer success for PTC's Digital Thread group and the overall execution of the company's vertical-focused go-to-market strategy. "Rob is an accomplished go-to-market leader with a proven track record of delivering results, building winning teams, and creatin

NEW YORK, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Vimeo (NASDAQ:VMEO), the world's most innovative video experience platform for creators and enterprises, today appointed Charlie Ungashick as Chief Marketing Officer. Ungashick, who has supported the brand as interim CMO since January 2024, will oversee the brand's comprehensive marketing efforts across the consumer and commercial channels as Vimeo integrates leading-edge AI capabilities to deliver value for businesses, creators and video professionals globally. He will also lead and produce the company's first customer conference, Vimeo REFRAME, later this month. "Charlie's proven track record of building and scaling marketing organizations, co

BOSTON, Sept. 3, 2024 /PRNewswire/ -- PTC (NASDAQ:PTC) today announced that it has appointed Rob Bernshteyn to its Board of Directors, effective September 9, 2024. Bernshteyn has held leadership and executive roles in the enterprise software space for over 30 years, including 14 years as CEO and Chairman of Coupa Software, a provider of business spend management solutions. During his tenure at Coupa, Bernshteyn transformed the company into a high-growth industry leader and led a successful IPO in 2016. He is currently a General Partner at ICONIQ Growth. "We're pleased to welco

TYSONS CORNER, Va. and PETAH TIKVA, Israel, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Cellebrite (NASDAQ:CLBT), a global leader in premier digital investigative solutions for the public and private sectors, announced today that Troy Richardson has joined its board of directors, effective August 13, 2024. Mr. Richardson is a seasoned technology executive with more than 30 years of experience in leading, scaling and transforming global organizations. He currently serves on the Unisys Corporation (NYSE:UIS) Board of Directors and previously served as a Director of the Board for Carestream Dental. Mr. Richardson was president of the Digital Thread group at PTC Inc. (NASDAQ:PTC) from 2021 until 2022

Bill Mitchell elevated to Executive Chair of the Board of Directors HungerRush, the leading cloud software provider for the restaurant industry, today announced the appointment of Mike Jerich as Chief Executive Officer effective February 5th. Mike succeeds Interim Chief Executive Officer Bill Mitchell, who has been elevated to Executive Chair of the Board of Directors. In his new role, Bill will continue providing his invaluable guidance and expertise, drawn from 30 years of exceptional leadership experience. He will remain actively involved in key aspects of the company's strategic planning and focus on restaurant relationships, offering his insights to ensure the ongoing success of Hung

– Company Welcomes World-Class Go-To-Market Executive to Scale its Customer Facing Operations – Evolv Technology (NASDAQ:EVLV), the leader in AI-based weapons detection security screening, today announced the appointment of Jay Muelhoefer to serve as Chief Commercial Officer, effective October 12, 2023. Mr. Muelhoefer will assume global responsibility for the Company's Sales, Marketing, Alliances, Channels, and Customer Success teams to help expand brand awareness, drive revenue growth globally, and ensure exceptional customer experiences. Mr. Muelhoefer joins the Company from Kinaxis (TSX:KXS), a leading SaaS-based supply chain management applications provider focused on planning and e

BOSTON, April 13, 2026 /PRNewswire/ -- PTC (NASDAQ:PTC) will release its fiscal 2026 second quarter results and on Wednesday, May 6th after the stock market closes. Senior management will host a live webcast and conference call to review the results on Wednesday, May 6th at 5 pm Eastern Time. The earnings press release, accompanying earnings presentation, and financial data tables will be accessible prior to the conference call and webcast on the Investor Relations section of the company's website at PTC Investor Relations. What: PTC Fiscal Q2'26 Conference Call and WebcastWhen:

Divestiture of Kepware Industrial Connectivity and ThingWorx IoT businesses enables PTC to increase focus on Intelligent Product Lifecycle visionUpdating post-divestiture financial guidance for FY'26 and Q2'26Net after-tax proceeds from the divestiture will be used for share repurchases; Announcing $375 million accelerated share repurchase programBOSTON, March 16, 2026 /PRNewswire/ -- PTC (NASDAQ:PTC) today announced it has completed the previously announced sale of the company's Kepware® industrial connectivity and ThingWorx® Internet of Things (IoT) businesses to TPG, a leading global alternative asset management firm.   

Strategic focus on Intelligent Product Lifecycle vision Solid execution in Q1'26Constant currency ARR growth of 8.4%; 9.0% excluding Kepware and ThingWorxOperating and free cash flow growth of 13%Embedding AI across portfolio and building common AI infrastructure to drive customer adoption and valueExecuting on our $2 billion share repurchase authorization: $200 million of repurchases in Q1'26; expect to use net after-tax proceeds from the Kepware and ThingWorx divestiture for incremental repurchases; targeting repurchases of ~$1.115 billion to ~$1.315 billion in FY'26BOSTON, Feb. 4, 2026 /PRNewswire/ -- PTC (NASDAQ:PTC) today reported financial results for its first fiscal quarter ended Dec

BOSTON, Jan. 14, 2026 /PRNewswire/ -- PTC (NASDAQ:PTC) will release its fiscal 2026 first quarter and on Wednesday, February 4th after the stock market closes. Senior management will host a live webcast and conference call to review the results on Wednesday, February 4th at 5pm Eastern Time. The earnings press release, accompanying earnings presentation, and financial data tables will be accessible prior to the conference call and webcast on the Investor Relations section of the Company's website at PTC Investor Relations. What: PTC Fiscal Q1'26 Conference Call and Webcast Whe

Posts record annual cash flow; Strategic focus positions company for durable growth Solid execution in FY'25Constant currency ARR growth of 8.5%Record operating and free cash flow, growth of 16%Strategic focus on delivering Intelligent Product Lifecycle vision with divestiture of Kepware industrial connectivity and ThingWorx Internet of Things (IoT) businessesContinuing to build a strong foundation for AI-driven and verticalized growthIntroducing FY'26 guidance for constant currency ARR growth of 7% to 9%, operating cash flow of approximately $1.03 billion, and free cash flow of approximately $1 billion (including Kepware and ThingWorx for the full year); to be updated when the divestiture i

BOSTON, Oct. 8, 2025 /PRNewswire/ -- PTC (NASDAQ:PTC) will release its fiscal 2025 fourth quarter and full year results on Wednesday, November 5th after the stock market closes. Senior management will host a live webcast and conference call to review the results on Wednesday, November 5th at 5pm Eastern Time. The earnings press release, accompanying earnings presentation, and financial data tables will be accessible prior to the conference call and webcast on the Investor Relations section of the Company's website at PTC Investor Relations. What: PTC Fiscal Q4'25 Conference Ca

Solid execution in Q3'25Constant Currency ARR Growth of 9.3%; at higher end of guidance rangeOperating and Free Cash Flow Growth of 14%; exceeded guidance rangesRaising guidance for ARR, Free Cash Flow, Revenue, EPS, and Non-GAAP EPSProceeding with share repurchases under our $2 billion authorizationContinuing to build a strong foundation for AI-driven and verticalized growthBOSTON, July 30, 2025 /PRNewswire/ -- PTC (NASDAQ:PTC) today reported financial results for its third fiscal quarter ended June 30, 2025. "Q3 was another solid quarter of execution for PTC. Our strategy of enabling product data foundations and extending the value of that data across the enterprise is resonating with cus

BOSTON, July 9, 2025 /PRNewswire/ -- PTC (NASDAQ:PTC) will release its fiscal 2025 third quarter results on Wednesday, July 30th after the stock market closes. Senior management will host a live webcast and conference call to review the results on Wednesday, July 30th at 5pm Eastern Time. The earnings press release, accompanying earnings presentation, and financial data tables will be accessible prior to the conference call and webcast on the Investor Relations section of the Company's website at PTC Investor Relations. What:  PTC Fiscal Q3'25 Conference Call and Webcast When:

Delivered solid execution in Q2'25 and exceeded guidance across all metricsConstant Currency ARR Growth of 10% Operating Cash Flow Growth of 12%Free Cash Flow Growth of 13%Proceeding with share repurchases under our $2 billion authorizationContinuing to build a strong foundation for AI-driven and verticalized growthUpdating FY'25 guidance to proactively manage macroeconomic riskBOSTON, April 30, 2025 /PRNewswire/ -- PTC (NASDAQ:PTC) today reported financial results for its second fiscal quarter ended March 31, 2025. "Q2 was a solid quarter for us, and I remain extremely optimi

BOSTON, April 9, 2025 /PRNewswire/ -- PTC (NASDAQ:PTC) will release its fiscal 2025 second quarter results on Wednesday, April 30th after the stock market closes. Senior management will host a live webcast and conference call to review the results on Wednesday, April 30th at 5pm Eastern Time. The earnings press release, accompanying earnings presentation, and financial data tables will be accessible prior to the conference call and webcast on the Investor Relations section of the Company's website at PTC Investor Relations. What:  PTC Fiscal Q2'25 Conference Call and Webcast W