Pegasystems (PEGA) Stock Forecast, Price & News

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pegasystems in the last year. There are currently 1 sell rating, 7 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research 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.
View PEGA analyst ratings or view top-rated stocks.

11 brokers have issued twelve-month target prices for Pegasystems' stock. Their PEGA share price forecasts range from $37.00 to $56.00. On average, they anticipate the company's stock price to reach $47.00 in the next year. This suggests that the stock has a possible downside of 2.8%.
View analysts price targets for PEGA or view top-rated stocks among Wall Street analysts.

Pegasystems' stock was trading at $34.24 on January 1st, 2023. Since then, PEGA stock has increased by 41.2% and is now trading at $48.36.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023.
View our PEGA earnings forecast.

Pegasystems Inc. (NASDAQ:PEGA) released its quarterly earnings results on Wednesday, October, 27th. The technology company reported ($0.40) EPS for the quarter, missing analysts' consensus estimates of ($0.27) by $0.13. The technology company had revenue of $256.27 million for the quarter, compared to analysts' expectations of $275.32 million. Pegasystems had a negative net margin of 28.89% and a negative trailing twelve-month return on equity of 84.13%. The business's revenue was up 13.4% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.60) EPS.

Pegasystems declared a quarterly dividend on Friday, March 17th. Shareholders of record on Monday, April 3rd will be paid a dividend of $0.03 per share on Monday, April 17th. This represents a $0.12 dividend on an annualized basis and a dividend 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 Deepwater 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 Thematic 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.

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

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 many different retail and institutional investors. Top institutional shareholders include Bares Capital Management Inc. (6.45%), Federated Hermes Inc. (1.05%), FIL Ltd (0.97%), Fisher Asset Management LLC (0.88%), Mirae Asset Global Investments Co. Ltd. (0.84%) and Geode Capital Management LLC (0.79%). 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 $48.36.

Pegasystems (NASDAQ:PEGA) has a market capitalization of $4.01 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 ($4.48) 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.