We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
PTC's Codebeamer Gains Traction on BMW Group Digital Push
Read MoreHide Full Article
Key Takeaways
PTC Codebeamer will power BMW's shift to a unified engineering platform, replacing fragmented legacy systems.
BMW gains stronger traceability and AI-driven workflows across mechanical, electrical and software.
PTC expands AI across PLM, ALM and CAD, boosting demand as large deals drive ARR growth into 2027-2028.
PTC Inc.’s (PTC - Free Report) Codebeamer application lifecycle management (ALM) solution is being implemented by BMW Group as the foundation for its next-generation digital engineering strategy, marking a major shift from fragmented legacy requirements systems to a unified, enterprise-wide platform. By consolidating hundreds of systems into a single shared data model, BMW is streamlining requirements management across mechanical, electrical and software domains, enabling stronger traceability, consistent processes and seamless digital continuity.
The deployment positions Codebeamer as a core enterprise solution within BMW, supporting integrated mechatronics development while improving collaboration with suppliers and accelerating the adoption of AI-driven engineering workflows. This transformation reflects a broader industry push toward centralized data architectures that can handle increasing product complexity and regulatory demands.
The move also aligns with PTC’s vision of an intelligent product lifecycle, where a unified data foundation enables manufacturers to enhance product quality, speed up time-to-market and drive innovation through advanced technologies like AI. By leveraging Codebeamer, BMW is strengthening its digital engineering capabilities and setting the stage for more efficient, scalable and future-ready automotive development.
PTC continues to embed AI across its portfolio to address high-value customer workflows. It launched Codebeamer AI to enhance requirements quality, speed test development and support compliance, followed by Windchill AI parts rationalization to eliminate duplicate parts, improve data consistency and accelerate searches. PTC’s confidence in its AI strategy is rooted in strong customer demand for structured, contextual product data.
Alongside product-level AI enhancements, it is building a unified AI infrastructure that enables seamless use of data across CAD, PLM, ALM, SLM and third-party systems, supported by robust governance and security. By tightly integrating AI with its core products, PTC aims to drive broader adoption over time. It advanced its product portfolio with generative AI capabilities across PLM, ALM, SLM and CAD, including Windchill AI, Codebeamer 3.0, ServiceMax AI and Onshape AI Advisor.
On Feb. 12, 2026, PTC announced that SPG Company has selected its FlexPLM retail product lifecycle management solution to replace a legacy system and support faster development cycles with a scalable, cloud-based platform.
PTC is riding on large deal momentum, competitive wins, disciplined capital allocation and growing traction across its Intelligent Product Lifecycle (IPL) vision. Restructured go-to-market organization bodes well. Core offerings spanning CAD, PLM, ALM and SLM enable AI-led insights across the full lifecycle and PTC deepened AI integration across its portfolio to support key workflows and drive broader uptake. Rising deal wins will start converting to ARR in the fiscal fourth quarter, with the majority ramping through fiscal 2027 and 2028.
For the second quarter of fiscal 2026, PTC estimates revenues in the $710-$770 million band. Revenues for fiscal 2026 are now projected in the range of $2,675 to $2,940 million, indicating a change of (2)-7% year over year. The prior view was $2,650 to $2,915 million.
PTC’s Zacks Rank & Stock Price Performance
PTC currently carries a Zacks Rank #3 (Hold). Shares of the company have declined 29.7% in the past six months compared with the Zacks Computer-Software industry's fall of 31.6%.
Image Source: Zacks Investment Research
Stocks to Consider From the Computer and Technology Space
Pegasystems’ earnings beat the Zacks Consensus Estimate in all of the trailing four quarters, with the average surprise being 80.38%. In the last reported quarter, PEGA delivered an earnings surprise of 5.56%. Its shares have decreased 23.6% in the past six months.
Blackbaud’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 7.1%. In the last reported quarter, BLKB delivered an earnings surprise of 3.48%. Its shares have decreased 41% in the past year.
Commvault Systems’ earnings beat the consensus estimate in three of the trailing four quarters while missing in one, with the average surprise being 7.77%. In the last reported quarter, CVLT delivered an earnings surprise of 19.39%. Its shares have declined 48.7% in the past year.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
PTC's Codebeamer Gains Traction on BMW Group Digital Push
Key Takeaways
PTC Inc.’s (PTC - Free Report) Codebeamer application lifecycle management (ALM) solution is being implemented by BMW Group as the foundation for its next-generation digital engineering strategy, marking a major shift from fragmented legacy requirements systems to a unified, enterprise-wide platform. By consolidating hundreds of systems into a single shared data model, BMW is streamlining requirements management across mechanical, electrical and software domains, enabling stronger traceability, consistent processes and seamless digital continuity.
The deployment positions Codebeamer as a core enterprise solution within BMW, supporting integrated mechatronics development while improving collaboration with suppliers and accelerating the adoption of AI-driven engineering workflows. This transformation reflects a broader industry push toward centralized data architectures that can handle increasing product complexity and regulatory demands.
The move also aligns with PTC’s vision of an intelligent product lifecycle, where a unified data foundation enables manufacturers to enhance product quality, speed up time-to-market and drive innovation through advanced technologies like AI. By leveraging Codebeamer, BMW is strengthening its digital engineering capabilities and setting the stage for more efficient, scalable and future-ready automotive development.
PTC Inc. Price and Consensus
PTC Inc. price-consensus-chart | PTC Inc. Quote
PTC continues to embed AI across its portfolio to address high-value customer workflows. It launched Codebeamer AI to enhance requirements quality, speed test development and support compliance, followed by Windchill AI parts rationalization to eliminate duplicate parts, improve data consistency and accelerate searches. PTC’s confidence in its AI strategy is rooted in strong customer demand for structured, contextual product data.
Alongside product-level AI enhancements, it is building a unified AI infrastructure that enables seamless use of data across CAD, PLM, ALM, SLM and third-party systems, supported by robust governance and security. By tightly integrating AI with its core products, PTC aims to drive broader adoption over time. It advanced its product portfolio with generative AI capabilities across PLM, ALM, SLM and CAD, including Windchill AI, Codebeamer 3.0, ServiceMax AI and Onshape AI Advisor.
On Feb. 12, 2026, PTC announced that SPG Company has selected its FlexPLM retail product lifecycle management solution to replace a legacy system and support faster development cycles with a scalable, cloud-based platform.
PTC is riding on large deal momentum, competitive wins, disciplined capital allocation and growing traction across its Intelligent Product Lifecycle (IPL) vision. Restructured go-to-market organization bodes well. Core offerings spanning CAD, PLM, ALM and SLM enable AI-led insights across the full lifecycle and PTC deepened AI integration across its portfolio to support key workflows and drive broader uptake. Rising deal wins will start converting to ARR in the fiscal fourth quarter, with the majority ramping through fiscal 2027 and 2028.
For the second quarter of fiscal 2026, PTC estimates revenues in the $710-$770 million band. Revenues for fiscal 2026 are now projected in the range of $2,675 to $2,940 million, indicating a change of (2)-7% year over year. The prior view was $2,650 to $2,915 million.
PTC’s Zacks Rank & Stock Price Performance
PTC currently carries a Zacks Rank #3 (Hold). Shares of the company have declined 29.7% in the past six months compared with the Zacks Computer-Software industry's fall of 31.6%.
Image Source: Zacks Investment Research
Stocks to Consider From the Computer and Technology Space
Some better-ranked stocks from the broader technology space are Pegasystems Inc. (PEGA - Free Report) , Blackbaud, Inc. (BLKB - Free Report) and Commvault Systems, Inc. (CVLT - Free Report) . PEGA sports a Zacks Rank #1 (Strong Buy), while BLKB and CVLT carry a Zacks Rank of 2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Pegasystems’ earnings beat the Zacks Consensus Estimate in all of the trailing four quarters, with the average surprise being 80.38%. In the last reported quarter, PEGA delivered an earnings surprise of 5.56%. Its shares have decreased 23.6% in the past six months.
Blackbaud’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 7.1%. In the last reported quarter, BLKB delivered an earnings surprise of 3.48%. Its shares have decreased 41% in the past year.
Commvault Systems’ earnings beat the consensus estimate in three of the trailing four quarters while missing in one, with the average surprise being 7.77%. In the last reported quarter, CVLT delivered an earnings surprise of 19.39%. Its shares have declined 48.7% in the past year.