PTC(PTC) ZACKS·2025-03-28 16:05Core Insights - PTC Inc. has launched Codebeamer 3.0, an advanced Application Lifecycle Management (ALM) solution designed to enhance product development, sustainability, quality, and regulatory compliance [1][4]. Product Features - Codebeamer 3.0 introduces a modern branching method and scaled working sets to improve collaboration among engineering teams, enabling faster development by reusing product requirements and test cases [2]. - The new version includes a Sustainability Template to support eco-friendly product development, reducing reliance on physical prototypes and promoting sustainable design practices [3]. - For industries with stringent regulatory requirements, Codebeamer 3.0 provides full traceability across products, aiding in quality assurance and compliance [3]. Strategic Collaborations - PTC has formed strategic collaborations, including a partnership with Microsoft and Volkswagen Group to develop Codebeamer Copilot, an AI-powered tool aimed at streamlining software development processes for physical products [4]. - In September 2024, PTC signed a strategic collaboration agreement with Amazon Web Services to enhance its Onshape solution, focusing on improving features and advancing AI efforts [7]. Financial Outlook - PTC has narrowed its sales outlook for 2025 to a range of 2,530 million, down from the previous projection of 2,605 million, due to forex volatility and a challenging sales environment [8]. Market Performance - PTC currently holds a Zacks Rank of 3 (Hold), with its shares declining by 15.4% over the past year, compared to a 4% decline in the Zacks Computer-Software industry [9].