Pegasystems - PEGA Stock Forecast, Price & News

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pegasystems in the last twelve months. There are currently 1 sell rating, 9 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" PEGA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PEGA, but not buy additional shares or sell existing shares.
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12 Wall Street research analysts have issued 12-month price targets for Pegasystems' stock. Their PEGA share price forecasts range from $25.00 to $100.00. On average, they anticipate the company's stock price to reach $50.20 in the next twelve months. This suggests a possible upside of 3.5% from the stock's current price.
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Pegasystems' stock was trading at $34.24 on January 1st, 2023. Since then, PEGA shares have increased by 41.6% and is now trading at $48.48.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our PEGA earnings forecast.

Pegasystems Inc. (NASDAQ:PEGA) posted its earnings results on Wednesday, October, 27th. The technology company reported ($0.40) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.27) by $0.13. The technology company had revenue of $256.27 million for the quarter, compared to analyst estimates of $275.32 million. Pegasystems had a negative net margin of 26.22% and a negative trailing twelve-month return on equity of 26.08%. The firm's revenue for the quarter was up 13.4% on a year-over-year basis. During the same quarter last year, the company earned ($0.60) EPS.

Pegasystems announced a quarterly dividend on Friday, March 17th. Shareholders of record on Monday, April 3rd will be given a dividend of $0.03 per share on Monday, April 17th. This represents a $0.12 dividend on an annualized basis and a yield of 0.25%. The ex-dividend date of this dividend is Friday, March 31st.
Read our dividend analysis for PEGA.

ETFs with the largest weight of Pegasystems (NASDAQ:PEGA) stock in their portfolio include Innovator Loup Frontier Tech ETF (LOUP), SmartETFs Advertising & Marketing Technology ETF (MRAD), Direxion Work From Home ETF (WFH), First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT), Global X Robotics & Artificial Intelligence ETF (BOTZ), Small Cap US Equity Select ETF (RNSC), Global X Founder-Run Companies ETF (BOSS) and Fidelity Cloud Computing ETF (FCLD).

Pegasystems (NASDAQ:PEGA) pays an annual dividend of $0.12 per share and currently has a dividend yield of 0.26%.
Read our dividend analysis for PEGA.

Shares of Pegasystems split on the morning of Wednesday, April 2nd 2014. The 2-1 split was announced on Monday, March 10th 2014. The newly issued shares were distributed to shareholders after the market closes on Tuesday, April 1st 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Pegasystems issued an update on its FY 2023 earnings guidance on Wednesday, February, 15th. The company provided earnings per share (EPS) guidance of $1.50-$1.50 for the period, compared to the consensus EPS estimate of $0.62. The company issued revenue guidance of $1.40 billion-$1.40 billion, compared to the consensus revenue estimate of $1.38 billion.

807 employees have rated Pegasystems Chief Executive Officer Alan Trefler on Glassdoor.com. Alan Trefler has an approval rating of 93% among the company's employees. This puts Alan Trefler in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Pegasystems investors own include NVIDIA (NVDA), Netflix (NFLX), Walt Disney (DIS), Tesla (TSLA), Salesforce (CRM), CrowdStrike (CRWD), Shopify (SHOP), Okta (OKTA), Adobe (ADBE) and PayPal (PYPL).

Pegasystems trades on the NASDAQ under the ticker symbol "PEGA."

Pegasystems' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Bares Capital Management Inc. (6.75%), Riverbridge Partners LLC (1.65%), Fisher Asset Management LLC (0.92%), Geode Capital Management LLC (0.77%), Mirae Asset Global Investments Co. Ltd. (0.69%) and Norges Bank (0.50%). Insiders that own company stock include Douglas I Kra, Efstathios A Kouninis, Kenneth Stillwell, Leon Trefler, Michael R Pyle, Richard H Jones and Rifat Kerim Akgonul.
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Shares of PEGA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PEGA stock can currently be purchased for approximately $48.48.

Pegasystems (NASDAQ:PEGA) has a market capitalization of $4.00 billion and generates $1.32 billion in revenue each year. The technology company earns $-345,580,000.00 in net income (profit) each year or ($4.23) on an earnings per share basis.

The company employs 6,145 workers across the globe.

Pegasystems' mailing address is ONE ROGERS STREET, CAMBRIDGE MA, 02142. The official website for the company is www.pega.com. The technology company can be reached via phone at (617) 374-9600, via email at pegainvestorrelations@pega.com, or via fax at 617-374-9620.