PTC
PTC Inc.
PTC has lower modeled downside risk, despite its lower overall score.
SNDK
Sandisk Corporation
SNDK has a slight edge over PTC overall, supported by stronger modeled upside and stronger fundamentals.
PTC Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Strong | |
| Strong | |
| Healthy |
PTC's profitability, cash flow and balance sheet are currently healthy, but its revenue is under pressure.
SNDK Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
SNDK's revenue, profitability, cash flow and balance sheet are all currently strong.
PTC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 19x | $196 | — |
| Forward | 22x | $196 | — |
| Cheap | 26x | $269 | +37% |
| Fair | 52x | $532 | +171% |
| Expensive | 91x | $941 | +379% |
Historical ranges are pointers, not guarantees.
PTC's PE is in its cheap range at 19x, but its recent earnings include one-off gains. On analysts' estimates for next year's earnings, today's price would be 22x.
SNDK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 3.8x | $937 | — |
| Current | 7.5x | $937 | — |
| Cheap | 17x | $2,173 | +132% |
| Fair | 24x | $3,048 | +225% |
| Expensive | 59x | $7,452 | +695% |
Historical ranges are pointers, not guarantees.
SNDK has the edge over PTC in the historical PE scenario, which offers more potential upside but is not a forecast.
PTC Forward outlook
| Metric | Outlook |
|---|---|
| Deteriorating | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for PTC, with profitability improving.
SNDK Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| High |
SNDK has the edge over PTC on the outlook, with more favorable valuation expectations.
PTC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $8.98 | -13% |
| Q2 2026 | $10.28 | +142% |
| Q1 2026 | $10.42 | +185% |
| Q4 2025 | $6.79 | +109% |
PTC's earnings per share have climbed steadily: $10.28 over the past year, up 142% from the year before, and higher year over year every quarter since late 2025. Its recent earnings include one-off gains.
SNDK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $247.30 | +97% |
| Q3 2026 | $125.61 | +$137.63 |
| Q2 2026 | $73.76 | +$85.07 |
| Q2 2025 | -$11.31 | -$6.65 |
SNDK has the edge over PTC in the latest year-over-year earnings comparison.
PTC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $673.3M | -25% |
| Q2 2026 | $600M | -6.8% |
| Q1 2026 | $774.3M | +22% |
| Q4 2025 | $685.8M | +21% |
PTC's revenue fell from its 2025 peak and has held roughly level since: $673M last quarter, down 25% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 28% | -4.8 points |
| Q1 2026 | 38% | +3.1 points |
| Q4 2025 | 32% | +12 points |
| Q3 2025 | 49% | N/A |
| Q2 2025 | 33% | N/A |
| Q1 2025 | 35% | N/A |
| Q4 2024 | 20% | N/A |
PTC's operating margin was 28% last quarter, down 4.8 points from the same quarter a year ago.
SNDK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $11B | +378% |
| Q2 2026 | $9B | +372% |
| Q1 2026 | $6B | +251% |
| Q4 2025 | $3B | +61% |
| Q3 2025 | $2.3B | +23% |
| Q2 2025 | $1.9B | +8% |
| Q1 2025 | $1.7B | -0.6% |
| Q4 2024 | $1.9B | +13% |
SNDK has the edge over PTC on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 80% | +72 points |
| Q2 2026 | 78% | +78 points |
| Q1 2026 | 69% | +180 points |
| Q4 2025 | 35% | +25 points |
| Q3 2025 | 7.6% | -9 points |
| Q2 2025 | 0.9% | N/A |
| Q1 2025 | -111% | -122 points |
| Q4 2024 | 10% | +6.6 points |
SNDK has the edge over PTC on profitability, with a higher operating margin.
PTC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $249.3M | +3% |
| Q1 2026 | $318.2M | +14% |
| Q4 2025 | $267.4M | +13% |
SNDK has the edge over PTC in the latest year-over-year cash flow comparison.
SNDK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $6.3B | +1340% |
| Q2 2026 | $7.1B | +14355% |
| Q1 2026 | $3B | +$3B |
| Q3 2025 | $438M | +$636M |
| Q2 2025 | $49M | +$217M |
| Q1 2025 | -$18M | +$23M |
| Q3 2024 | -$198M | -$157M |
SNDK has the edge over PTC in the latest year-over-year cash flow comparison.
PTC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -3% | -3.6M shares |
| 1 year | -4.6% | -5.5M shares |
PTC has the edge over SNDK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $500M |
| Q1 2026 | $626.1M |
| Q4 2025 | $200M |
| Q3 2025 | $75M |
| Q2 2025 | $75M |
| Q1 2025 | $75M |
| Q4 2024 | $75M |
PTC spent $1.4B buying back its own shares over the past year.
SNDK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.6% | -1M shares |
| 1 year | +3.4% | +5M shares |
| 3 years | +6.9% | +10M shares |
SNDK has 154M diluted shares, up 3.4% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $5B |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
PTC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 0.9x | Very low |
| Q1 2026 | 0.6x | Very low |
| Q4 2025 | 0.8x | Very low |
| Q3 2025 | 0.9x | Very low |
| Q2 2025 | 1.2x | Healthy |
| Q1 2025 | 1.5x | Healthy |
| Q4 2024 | 1.2x | Healthy |
PTC's net debt is less than a year of its operating earnings (EBITDA), down from 1.2 years a year ago.
SNDK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -0.7x | Net Cash |
SNDK has the edge over PTC on leverage, with a lower net debt burden relative to earnings.
PTC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 69.8 | Neutral |
| Stochastic | 99.0 | Overbought |
PTC's weekly RSI is 70 (neutral) and its Stochastic is 99 (overbought).
SNDK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.2 | Neutral |
| Stochastic | 10.6 | Oversold |
SNDK's weekly RSI is 40 (neutral) and its Stochastic is 11 (oversold).
PTC PE vs Technology Sector
| Metric | PTC | Sector median | Relative |
|---|---|---|---|
| PE | 19x | 28x | 31% below |
| PE % | 8 | 35 | 27 pts below |
PTC is trading at 19x earnings, a 31% discount to the Technology sector's median of 28x, though its recent earnings include one-off gains.
SNDK PE vs Technology Sector
| Metric | SNDK | Sector median | Relative |
|---|---|---|---|
| PE | 7.5x | 28x | 73% below |
| PE % | 4 | 27 | 23 pts below |
SNDK has the edge over PTC on valuation relative to its sector.
PTC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $181.3 | 8.3% above |
| 20 week MA | $154.8 | 27% above |
| 50 week MA | $152.1 | 29% above |
| 100 week MA | $166.7 | 18% above |
| 200 week MA | $163.6 | 20% above |
PTC has stronger trend alignment. PTC is above 5 of 5 weekly averages versus SNDK above 0 of 3.
SNDK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1,317.5 | 29% below |
| 20 week MA | $1,465.4 | 36% below |
| 50 week MA | $1,119.6 | 16% below |
SNDK is in a downtrend: it's below all three of its weekly moving averages, and 16% below its 50-week average.
PTC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $75.8 | $119.9 | +58% |
| 2021 | $119.9 | $120.5 | +0.6% |
| 2022 | $120.5 | $121.3 | +0.6% |
| 2023 | $121.3 | $175.0 | +44% |
| 2024 | $175.0 | $184.5 | +5.5% |
| 2025 | $184.5 | $176.6 | -4.3% |
| 2026 YTD | $176.6 | $196.3 | +11% |
PTC has finished higher in five of the last six years. It's up 11% so far in 2026.
SNDK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2025 | $50.4 | $250.1 | +396% |
| 2026 YTD | $250.1 | $937.5 | +275% |
SNDK has the edge over PTC on returns for 2026, with the stronger performance.