Pegasystems (NASDAQ:PEGA) Sets New 1-Year Low – What’s Next?

Pegasystems Inc. (NASDAQ:PEGA) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $34.67 and last traded at $35.1040, with a volume of 251891 shares trading hands. The stock had previously closed at $37.48.

Pegasystems News Summary

Here are the key news stories impacting Pegasystems this week:

• Positive Sentiment: Pega highlights Blueprint AI and Pega Cloud momentum as drivers of long‑term growth; management framed AI workflow capability as a differentiation point for enterprise demand. Blueprint AI Drives Pega Cloud Momentum in Q1 2026
• Positive Sentiment: Company is targeting ~75% cloud ACV mix and reported rising Pega Cloud ACV — a shift toward recurring, higher‑visibility revenue that could improve margins and multiple over time. Pegasystems eyes 75% cloud ACV despite Q1 revenue miss
• Positive Sentiment: Analyst support remains: Wedbush reaffirmed an “outperform” rating with a $60 price target and Rosenblatt reiterated a buy — these notes support upside if cloud/AI execution accelerates. Benzinga Rosenblatt Securities Reiterates Buy Rating for Pegasystems (NASDAQ:PEGA)
• Neutral Sentiment: Full earnings‑call transcript and highlights are available; management reiterated cloud/AI strategy and provided color on product adoption — useful for modeling conversion of ACV into revenue. Pegasystems Earnings Call Highlights Cloud and AI Surge
• Negative Sentiment: Q1 EPS and revenue missed consensus: EPS $0.46 vs. estimates ~ $0.68 and revenue ~$430M vs. ~$473M — the miss and slower top‑line are the primary drivers of the stock pullback. Pegasystems (NASDAQ:PEGA) Misses Q1 CY2026 Sales Expectations
• Negative Sentiment: Revenue declined roughly 9.6% year‑over‑year and EPS is down materially from the prior year — near‑term growth metrics disappointed investors and raise execution questions until cloud ACV conversion becomes more visible. Pegasystems Q1 results and slides

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of Pegasystems in a research note on Friday, March 27th. DA Davidson set a $55.00 price target on Pegasystems and gave the company a “buy” rating in a report on Friday, April 17th. Wall Street Zen lowered Pegasystems from a “strong-buy” rating to a “hold” rating in a research note on Saturday, February 14th. Citizens Jmp dropped their target price on Pegasystems from $78.00 to $58.00 and set a “market outperform” rating for the company in a report on Thursday, February 12th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $60.00 target price on shares of Pegasystems in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $63.60.

Pegasystems Stock Performance

The firm’s 50 day moving average price is $43.01 and its two-hundred day moving average price is $51.40. The firm has a market cap of $6.10 billion, a PE ratio of 19.30 and a beta of 1.09.

Pegasystems (NASDAQ:PEGA) last released its quarterly earnings data on Tuesday, April 21st. The technology company reported $0.46 EPS for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.22). The business had revenue of $429.97 million during the quarter, compared to analyst estimates of $473.24 million. Pegasystems had a net margin of 20.04% and a return on equity of 30.46%. The company’s revenue was down 9.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.76 earnings per share. On average, analysts forecast that Pegasystems Inc. will post 2.08 earnings per share for the current year.

Pegasystems Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 1st were issued a dividend of $0.03 per share. The ex-dividend date was Wednesday, April 1st. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.3%. Pegasystems’s dividend payout ratio is currently 5.63%.

Insider Buying and Selling

In related news, CFO Kenneth Stillwell sold 44,000 shares of the business’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $44.81, for a total value of $1,971,640.00. Following the sale, the chief financial officer directly owned 109,123 shares in the company, valued at approximately $4,889,801.63. The trade was a 28.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Rifat Kerim Akgonul sold 7,594 shares of the company’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $43.39, for a total transaction of $329,503.66. Following the completion of the transaction, the insider directly owned 111,429 shares in the company, valued at $4,834,904.31. The trade was a 6.38% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 52,594 shares of company stock valued at $2,344,024. 49.70% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Pegasystems

A number of hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. raised its position in Pegasystems by 2.0% in the third quarter. Vanguard Group Inc. now owns 11,272,359 shares of the technology company’s stock valued at $648,161,000 after purchasing an additional 221,791 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in Pegasystems by 23.1% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 4,987,291 shares of the technology company’s stock valued at $286,769,000 after acquiring an additional 937,216 shares during the period. AQR Capital Management LLC grew its position in Pegasystems by 236.2% in the 2nd quarter. AQR Capital Management LLC now owns 4,037,552 shares of the technology company’s stock valued at $217,584,000 after acquiring an additional 2,836,733 shares in the last quarter. Invesco Ltd. increased its stake in Pegasystems by 14.8% during the fourth quarter. Invesco Ltd. now owns 3,127,771 shares of the technology company’s stock worth $186,790,000 after purchasing an additional 402,763 shares during the period. Finally, State Street Corp increased its stake in Pegasystems by 255.3% during the second quarter. State Street Corp now owns 2,907,677 shares of the technology company’s stock worth $157,393,000 after purchasing an additional 2,089,375 shares during the period. Hedge funds and other institutional investors own 46.89% of the company’s stock.

Pegasystems Company Profile

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.