Pegasystems (PEGA) News Today

Pegasystems Inc. (NASDAQ:PEGA) is trading on mixed news today, with positive momentum from AI-driven growth stories and price‐target increases offset by insider selling and downward earnings revisions from analysts.

• Positive Sentiment: Barclays raised its price target on PEGA to $58 (from $50), citing another quarter of above‐consensus revenue growth. InsiderMonkey Article
• Positive Sentiment: An analyst outlook on Seeking Alpha highlights “undeniable momentum” as Pegasystems’ AI backlog grows, driving strong annual contract value and revenue visibility. Seeking Alpha Article
• Positive Sentiment: Wedbush upped its price objective on PEGA to $70 and maintained an “Outperform” rating after the company topped Q2 revenue and earnings forecasts. MarketBeat Article
• Positive Sentiment: Citigroup raised its price target on PEGA to $70 and reiterated a “Buy” rating following strong AI backlog commentary. MarketBeat Article
• Neutral Sentiment: An AAII piece compares Adobe Inc. and Pegasystems as investment choices without leaning toward a clear winner. AAII Article
• Neutral Sentiment: MSN’s weekly stock‐picks roundup includes PEGA among other top ideas for the week of July 28. MSN Article
• Neutral Sentiment: Wall Street Zen downgraded PEGA from “Strong Buy” to “Buy,” but kept the positive outlook on the stock. American Banking News Article
• Negative Sentiment: Insider Rifat Kerim Akgonul sold 9,879 shares on July 24 at an average price of $57.82, trimming his stake by about 11%. MarketBeat Article
• Negative Sentiment: CAO Efstathios Kouninis sold 582 shares on July 28 at an average price of $59.65, signaling modest insider profit‐taking. SEC Filing
• Negative Sentiment: Wedbush cut its Q3 2025 EPS estimate on PEGA to $0.07 (from $0.11), reflecting caution on near‐term margins. American Banking News Article
• Negative Sentiment: William Blair lowered its Q3 2025 EPS forecast for PEGA to $0.06 (down from $0.12), pointing to slower revenue conversion. MarketBeat Article