Wedbush Lowers Pegasystems (NASDAQ:PEGA) Price Target to $60.00

Pegasystems (NASDAQ:PEGA) had its price objective decreased by stock analysts at Wedbush from $75.00 to $60.00 in a report issued on Thursday,Benzinga reports. The brokerage currently has an “outperform” rating on the technology company’s stock. Wedbush’s target price indicates a potential upside of 49.08% from the stock’s previous close.

A number of other brokerages have also weighed in on PEGA. Citizens Jmp lowered their price objective on Pegasystems from $78.00 to $58.00 and set a “market outperform” rating on the stock in a report on Thursday. Royal Bank Of Canada restated an “outperform” rating and issued a $80.00 price objective (up from $70.00) on shares of Pegasystems in a report on Wednesday, October 22nd. Weiss Ratings reiterated a “hold (c+)” rating on shares of Pegasystems in a report on Monday, December 29th. Citigroup reaffirmed a “buy” rating on shares of Pegasystems in a research report on Thursday. Finally, Wall Street Zen upgraded shares of Pegasystems from a “buy” rating to a “strong-buy” rating in a research note on Saturday, January 31st. Ten equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Pegasystems has an average rating of “Moderate Buy” and a consensus target price of $68.05.

Pegasystems Trading Up 6.1%

Shares of PEGA traded up $2.32 during mid-day trading on Thursday, hitting $40.25. 1,401,712 shares of the company’s stock were exchanged, compared to its average volume of 2,032,458. Pegasystems has a fifty-two week low of $29.84 and a fifty-two week high of $68.10. The business’s 50 day moving average is $54.29 and its two-hundred day moving average is $55.92. The firm has a market capitalization of $6.83 billion, a P/E ratio of 18.85 and a beta of 1.07.

Pegasystems (NASDAQ:PEGA) last posted its quarterly earnings data on Tuesday, February 10th. The technology company reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.02. The company had revenue of $504.32 million during the quarter, compared to analysts’ expectations of $494.60 million. Pegasystems had a return on equity of 41.66% and a net margin of 22.54%.The firm’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same period last year, the firm earned $0.80 EPS. Pegasystems has set its FY 2026 guidance at 2.750-2.750 EPS. On average, equities research analysts forecast that Pegasystems will post 1.89 earnings per share for the current year.

Insider Activity

In other Pegasystems news, insider Rifat Kerim Akgonul sold 4,000 shares of the firm’s stock in a transaction on Monday, December 8th. The stock was sold at an average price of $60.19, for a total value of $240,760.00. Following the sale, the insider owned 112,845 shares of the company’s stock, valued at approximately $6,792,140.55. This trade represents a 3.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Kenneth Stillwell sold 14,405 shares of the firm’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $57.87, for a total value of $833,617.35. Following the completion of the sale, the chief financial officer directly owned 131,621 shares in the company, valued at $7,616,907.27. This trade represents a 9.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 108,405 shares of company stock worth $5,896,127. 49.70% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Pegasystems

A number of hedge funds have recently made changes to their positions in the stock. Elo Mutual Pension Insurance Co grew its holdings in shares of Pegasystems by 18.0% during the 4th quarter. Elo Mutual Pension Insurance Co now owns 31,185 shares of the technology company’s stock valued at $1,862,000 after purchasing an additional 4,752 shares during the last quarter. Brown Brothers Harriman & Co. increased its holdings in shares of Pegasystems by 386.3% during the fourth quarter. Brown Brothers Harriman & Co. now owns 710 shares of the technology company’s stock worth $42,000 after buying an additional 564 shares in the last quarter. Swiss National Bank boosted its holdings in shares of Pegasystems by 1.6% during the 4th quarter. Swiss National Bank now owns 185,500 shares of the technology company’s stock valued at $11,078,000 after acquiring an additional 3,000 shares in the last quarter. Aviva PLC grew its position in Pegasystems by 22.4% during the 4th quarter. Aviva PLC now owns 18,892 shares of the technology company’s stock worth $1,128,000 after acquiring an additional 3,456 shares during the last quarter. Finally, CSM Advisors LLC increased its holdings in Pegasystems by 5.3% in the 4th quarter. CSM Advisors LLC now owns 80,028 shares of the technology company’s stock worth $4,780,000 after purchasing an additional 3,997 shares in the last quarter. 46.89% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Pegasystems

Here are the key news stories impacting Pegasystems this week:

• Positive Sentiment: Q4 results beat expectations — Pegasystems reported better‑than‑expected EPS and revenue, with management highlighting AI-driven demand, rising cloud ACV and backlog expansion as growth drivers. Innovation Accelerates Pega’s Q4 2025 Growth
• Positive Sentiment: Raised FY‑2026 outlook and expanded buyback — management set FY‑2026 EPS guidance at $2.75 (above Street) and raised revenue targets while boosting the buyback, signaling confidence in cash flow and growth execution. Pegasystems Raises 2026 Outlook and Boosts Buyback Plan
• Positive Sentiment: Analyst support — Rosenblatt reaffirmed a Buy with a $62 target and other shops (William Blair, DA Davidson, Wedbush) remain constructive, which can underpin upside if execution continues. Rosenblatt Buy Rating / Price Target
• Neutral Sentiment: Strategic positioning — CEO commentary stresses a push to $2B revenue and a “predictable AI” approach (criticizing some multi‑agent hype); strategic direction may reassure long‑term investors but needs execution. Pega targets $2bn revenue milestone as it bets on ‘predictable AI’
• Neutral Sentiment: Valuation checks — recent pieces reassess PEGA’s valuation after share weakness; some analysts still see significant upside while median targets remain well above the current price. Assessing Pegasystems (PEGA) Valuation After Recent Share Price Weakness
• Negative Sentiment: Despite beats, market reacted negatively — shares fell after the release as investors parsed weaker operating profit trends, YoY net income commentary and other mixed metrics. Pegasystems shares fall 5% as net income declines YoY
• Negative Sentiment: Legal settlement — the company agreed to pay $7M to resolve investors’ trade‑secret claims, a modest but headline‑making expense. Pegasystems to Pay $7 Million for Investors’ Trade Secret Claims
• Negative Sentiment: Heavy insider selling flagged — recent disclosures show significant insider share sales, which can be perceived negatively by the market. QuiverQuant: Insider activity and stock reaction

About Pegasystems

Pegasystems Inc is a software company specializing in customer engagement and digital process automation solutions. Headquartered in Cambridge, Massachusetts, Pegasystems develops enterprise applications designed to help organizations streamline operations, manage customer interactions and automate complex workflows. Its platform supports a wide range of use cases, from sales and marketing optimization to case management and robotic process automation.

The core of Pegasystems’ offering is the Pega Platform, a low-code development environment that enables businesses to build and deploy applications with minimal hand-coding.