Pegasystems - PEGA Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Pegasystems in the last twelve months. There are currently 9 hold ratings for the stock. The consensus among Wall Street 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.
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9 Wall Street analysts have issued 12-month target prices for Pegasystems' stock. Their PEGA share price forecasts range from $39.00 to $129.00. On average, they predict the company's share price to reach $66.00 in the next year. This suggests a possible upside of 104.5% from the stock's current price.
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Pegasystems' stock was trading at $111.82 at the beginning of the year. Since then, PEGA shares have decreased by 71.1% and is now trading at $32.27.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our PEGA earnings forecast.

Pegasystems Inc. (NASDAQ:PEGA) announced its earnings results on Wednesday, July, 27th. The technology company reported ($0.38) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by $0.36. The technology company had revenue of $274.34 million for the quarter, compared to analyst estimates of $338.31 million. Pegasystems had a negative net margin of 31.10% and a negative trailing twelve-month return on equity of 29.68%. The company's revenue was down 15.8% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.02) earnings per share.

Pegasystems announced a quarterly dividend on Friday, September 16th. Stockholders of record on Monday, October 3rd will be paid a dividend of $0.03 per share on Monday, October 17th. This represents a $0.12 annualized dividend and a yield of 0.37%. The ex-dividend date is Friday, September 30th.
Read our dividend analysis for PEGA.

Pegasystems (NASDAQ:PEGA) pays an annual dividend of $0.12 per share and currently has a dividend yield of 0.36%.
Read our dividend analysis for PEGA.

Pegasystems's stock split before market open on 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.

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%), TPG GP A LLC (2.98%), Riverbridge Partners LLC (1.80%), Riverbridge Partners LLC (1.59%), Eminence Capital LP (1.51%) and Millennium Management LLC (0.69%). Insiders that own company stock include Douglas I Kra, Efstathios A Kouninis, Efstathios A Kouninis, Kenneth Stillwell, Leon Trefler, Michael R Pyle, Michael R Pyle, Richard H Jones and Rifat Kerim Akgonul.
View institutional ownership trends.

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 $32.27.

Pegasystems (NASDAQ:PEGA) has a market capitalization of $2.64 billion and generates $1.21 billion in revenue each year. The technology company earns $-63,040,000.00 in net income (profit) each year or ($4.65) on an earnings per share basis.

The company employs 6,133 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.