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PTC Inc. announced new AI capabilities for its Onshape computer-aided design (CAD) platform, integrated as the Onshape AI Advisor, which provides real-time guidance for users. The enhancements, powered by Amazon Bedrock, are aimed at increasing design speed and accuracy, and are available to all Onshape users starting from this month.
For fiscal 2025, PTC projects revenues between $2,570 million and $2,630 million, representing a year-over-year increase of 12-14%. Non-GAAP EPS is estimated to be in the range of $6.63 to $7.03, reflecting a growth of 31-38% compared to the previous year.
In the past six months, PTC shares have risen by 41.3%, outperforming the Zacks Computer-Software industry, which has grown by 39% during the same period.
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