Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Pegasystems Inc Market Cap
From what 5 stock analysts predict, the share price for Pegasystems Inc (PEGA) might increase by 16.08% in the next year. This is based on a 12-month average estimation for PEGA. Price targets go from $70 to $92. The majority of stock analysts believe PEGA is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
Pegasystems Inc has a total of 5 Wall St Analyst ratings. There are 4 buy ratings, 1 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Pegasystems Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of PEGA.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Steven Enders Citigroup | Buy | $92 | Maintains | Sep 25, 2024 |
| Yun Kim Loop Capital | Buy | $84 | Upgrade | Aug 1, 2024 |
| Blair Abernethy Rosenblatt | Buy | $90 | Maintains | Jul 31, 2024 |
| Patrick Walravens JMP Securities | Market Outperform | $85 | Upgrade | Jul 31, 2024 |
| Pinjalim Bora JP Morgan | Overweight | $83 | Maintains | Jul 31, 2024 |
| Daniel Ives Wedbush | Outperform | $90 | Reiterates | Jul 29, 2024 |
| Raimo Lenschow Barclays | Equal-Weight | $74 | Maintains | Jul 26, 2024 |
| Gil Luria DA Davidson | Neutral | $70 | Maintains | Jul 26, 2024 |
| Rishi Jaluria RBC Capital | Outperform | $90 | Maintains | Jul 26, 2024 |
| Kevin Kumar Goldman Sachs | Neutral | $78 | Maintains | Jul 26, 2024 |
| Steven Enders Citigroup | Buy | $82 | Maintains | Jun 26, 2024 |
| Patrick Walravens JMP Securities | Market Perform | Reiterates | Jun 12, 2024 | |
| Daniel Ives Wedbush | Outperform | $90 | Reiterates | Jun 12, 2024 |
| Rishi Jaluria RBC Capital | Outperform | $77 | Reiterates | Jun 11, 2024 |
| Blair Abernethy Rosenblatt | Buy | $75 | Maintains | Apr 26, 2024 |
| Raimo Lenschow Barclays | Equal-Weight | $69 | Maintains | Apr 26, 2024 |
| Daniel Ives Wedbush | Outperform | $90 | Reiterates | Apr 26, 2024 |
| Blair Abernethy Rosenblatt | Buy | $75 | Reiterates | Apr 23, 2024 |
| Raimo Lenschow Barclays | Equal-Weight | $66 | Maintains | Apr 15, 2024 |
| Daniel Ives Wedbush | Outperform | $90 | Reiterates | Apr 10, 2024 |
When did it IPO
1996
Staff Count
5,406
Country
United States
Sector/Industry
Technology/Software—Application
CEO
Mr. Alan Trefler
Market Cap
$6.16B
In 2023, PEGA generated $1.43B in revenue, which was a increase of 8.71% from the previous year. This can be seen as a signal that PEGA's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Thu, 26 Sep 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Pegasystems Inc. has appointed Jackie McKinley as head of Americas commercial sales, overseeing sales strategy and client relationships for commercial clients in the region.
Why It Matters - The appointment of Jackie McKinley as head of Americas commercial sales may enhance Pegasystems' sales strategy and client relationships, potentially driving revenue growth and impacting stock performance.
Mon, 16 Sep 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Pegasystems Inc. has appointed Frank Guerrera as chief cloud officer to accelerate Pega Cloud adoption, enhancing its commitment to client value in digital transformation.
Why It Matters - The appointment of a chief cloud officer signals Pegasystems' focus on cloud growth, potentially enhancing revenue streams and competitiveness, impacting stock performance positively.
Fri, 13 Sep 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Pegasystems Inc. (NASDAQ: PEGA) announced a quarterly cash dividend of $0.03 per share for Q4 2024, payable on October 15, 2024, to shareholders on record as of October 1, 2024.
Why It Matters - Pegasystems' dividend announcement signals financial stability and commitment to returning value to shareholders, potentially attracting income-focused investors and supporting stock price stability.
Tue, 10 Sep 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Pegasystems Inc. (NASDAQ: PEGA) was recognized by Gartner Research as a leader in sales force automation, scoring highest in all evaluated use cases, including B2B and B2C.
Why It Matters - Pega's top ranking in Gartner's report enhances its market credibility, potentially boosting sales and attracting investors, while signaling strong competitive positioning in AI-driven automation.
Thu, 22 Aug 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Pegasystems Inc. (NASDAQ: PEGA) COO and CFO Ken Stillwell will present at the Citi 2024 Global TMT Conference on September 5, 2024. A live webcast will be available.
Why It Matters - Ken Stillwell's presentation at the Citi 2024 Global TMT Conference highlights Pega's strategic positioning and growth potential, influencing investor sentiment and stock performance.
Wed, 07 Aug 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Pegasystems Inc. (NASDAQ: PEGA) is expanding its partnership with AWS to utilize the new AWS European Sovereign Cloud, enhancing its services for EU digital sovereignty compliance.
Why It Matters - Pegasystems' expansion with AWS enhances its competitive edge in AI and workflow automation, targeting growing demand for data sovereignty in Europe, potentially boosting revenue and market position.
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