KeyCorp Estimates Pegasystems’ Q3 Earnings (NASDAQ:PEGA)

Pegasystems Inc. (NASDAQ:PEGA) – Research analysts at KeyCorp cut their Q3 2026 EPS estimates for Pegasystems in a note issued to investors on Wednesday, July 22nd. KeyCorp analyst D. Au now anticipates that the technology company will earn $0.28 per share for the quarter, down from their prior forecast of $0.40. KeyCorp has a “Sector Weight” rating on the stock. The consensus estimate for Pegasystems’ current full-year earnings is $1.79 per share. KeyCorp also issued estimates for Pegasystems’ Q4 2026 earnings at $0.99 EPS, FY2026 earnings at $1.73 EPS, Q1 2027 earnings at $0.27 EPS, Q2 2027 earnings at $0.24 EPS, Q3 2027 earnings at $0.31 EPS and FY2027 earnings at $1.79 EPS.

Pegasystems (NASDAQ:PEGA) last issued its quarterly earnings data on Tuesday, July 21st. The technology company reported $0.35 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.08). Pegasystems had a return on equity of 32.21% and a net margin of 18.66%.The company had revenue of $420.72 million during the quarter, compared to analysts’ expectations of $427.38 million. During the same quarter last year, the business earned $0.28 earnings per share. The business’s quarterly revenue was up 9.4% on a year-over-year basis.

PEGA has been the topic of several other reports. Zacks Research lowered Pegasystems from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 24th. Loop Capital downgraded Pegasystems from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $55.00 to $25.00 in a report on Thursday, July 23rd. Citizens Jmp lowered Pegasystems from an “outperform” rating to a “market perform” rating in a research report on Wednesday, July 22nd. William Blair cut shares of Pegasystems from an “outperform” rating to a “market perform” rating in a report on Wednesday, July 22nd. Finally, Weiss Ratings downgraded shares of Pegasystems from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, June 4th. Six investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $50.10.

Pegasystems Stock Performance

Shares of NASDAQ:PEGA opened at $28.60 on Tuesday. Pegasystems has a 52-week low of $25.10 and a 52-week high of $68.10. The firm has a market capitalization of $4.70 billion, a P/E ratio of 16.16 and a beta of 0.87. The stock has a 50 day moving average price of $32.02 and a 200-day moving average price of $39.34.

Pegasystems Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were given a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Wednesday, July 1st. Pegasystems’s payout ratio is currently 6.78%.

Insider Buying and Selling

In related news, insider Rifat Kerim Akgonul sold 4,545 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $33.35, for a total value of $151,575.75. Following the sale, the insider owned 107,070 shares in the company, valued at $3,570,784.50. This represents a 4.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CAO Efstathios A. Kouninis sold 750 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $36.99, for a total value of $27,742.50. Following the transaction, the chief accounting officer directly owned 2,144 shares of the company’s stock, valued at approximately $79,306.56. This trade represents a 25.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 6,795 shares of company stock worth $229,613. Insiders own 48.40% of the company’s stock.

Institutional Investors Weigh In On Pegasystems

A number of institutional investors have recently modified their holdings of the stock. NewEdge Advisors LLC increased its holdings in shares of Pegasystems by 141,900.0% during the first quarter. NewEdge Advisors LLC now owns 4,260 shares of the technology company’s stock valued at $296,000 after acquiring an additional 4,257 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in Pegasystems by 450.4% in the 1st quarter. Jones Financial Companies Lllp now owns 1,844 shares of the technology company’s stock worth $128,000 after purchasing an additional 1,509 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Pegasystems by 5.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 248,168 shares of the technology company’s stock valued at $17,253,000 after purchasing an additional 13,075 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Pegasystems by 18.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 155,783 shares of the technology company’s stock valued at $10,830,000 after purchasing an additional 23,713 shares during the last quarter. Finally, Focus Partners Wealth increased its stake in Pegasystems by 55.0% during the 1st quarter. Focus Partners Wealth now owns 5,476 shares of the technology company’s stock valued at $381,000 after purchasing an additional 1,943 shares in the last quarter. 46.89% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Pegasystems

Here are the key news stories impacting Pegasystems this week:

• Neutral Sentiment: KeyCorp maintained a “Sector Weight” rating on Pegasystems, signaling a cautious view rather than a direct buy or sell recommendation. Its revised FY2027 EPS estimate of $1.79 now matches the broader consensus forecast. KeyCorp Has Pessimistic Outlook of Pegasystems Q4 Earnings
• Negative Sentiment: KeyCorp cut its FY2026 EPS forecast to $1.73 from $2.11 and its FY2027 forecast to $1.79 from $2.38. Quarterly estimates were also reduced, including Q3 2026 to $0.28 from $0.40, Q4 2026 to $0.99 from $1.14, Q1 2027 to $0.27 from $0.43, Q2 2027 to $0.24 from $0.39, and Q3 2027 to $0.31 from $0.41. The broad-based downgrades point to lower expected profitability and are the main bearish catalyst for PEGA. KeyCorp Has Pessimistic Outlook of Pegasystems Q4 Earnings

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.