Pegasystems (NASDAQ:PEGA) Price Target Lowered to $58.00 at Citizens Jmp

Pegasystems (NASDAQ:PEGA) had its price objective cut by Citizens Jmp from $78.00 to $58.00 in a report issued on Thursday,Benzinga reports. They currently have a market outperform rating on the technology company’s stock.

Several other equities analysts have also weighed in on PEGA. Rosenblatt Securities reaffirmed a “buy” rating and set a $62.00 price objective on shares of Pegasystems in a research report on Thursday. Citigroup restated a “buy” rating and set a $73.00 price target (down previously from $81.00) on shares of Pegasystems in a research note on Thursday. Wall Street Zen raised shares of Pegasystems from a “buy” rating to a “strong-buy” rating in a research note on Saturday, January 31st. KeyCorp set a $60.00 price objective on shares of Pegasystems in a report on Thursday, February 5th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $80.00 target price (up from $70.00) on shares of Pegasystems in a report on Wednesday, October 22nd. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $66.95.

Pegasystems Trading Up 7.0%

Shares of NASDAQ:PEGA opened at $40.59 on Thursday. The firm has a market cap of $6.86 billion, a price-to-earnings ratio of 19.01 and a beta of 1.07. Pegasystems has a 1 year low of $29.84 and a 1 year high of $68.10. The business has a fifty day simple moving average of $53.96 and a 200 day simple moving average of $55.81.

Pegasystems (NASDAQ:PEGA) last issued its earnings results on Tuesday, February 10th. The technology company reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.02. Pegasystems had a return on equity of 38.86% and a net margin of 22.54%.The company had revenue of $504.32 million for the quarter, compared to analyst estimates of $494.60 million. During the same period in the prior year, the firm posted $0.80 EPS. The business’s revenue was up 2.8% compared to the same quarter last year. Pegasystems has set its FY 2026 guidance at 2.750-2.750 EPS. On average, sell-side analysts forecast that Pegasystems will post 1.89 EPS for the current year.

Pegasystems Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Friday, January 2nd were given a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Friday, January 2nd. Pegasystems’s dividend payout ratio is 8.05%.

Insider Buying and Selling at Pegasystems

In other Pegasystems news, insider Rifat Kerim Akgonul sold 4,000 shares of Pegasystems stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $60.19, for a total transaction of $240,760.00. Following the sale, the insider directly owned 112,845 shares of the company’s stock, valued at approximately $6,792,140.55. The trade was a 3.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Kenneth Stillwell sold 14,405 shares of the company’s stock in a transaction that occurred on 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 owned 131,621 shares in the company, valued at approximately $7,616,907.27. This represents a 9.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 108,405 shares of company stock valued at $5,896,127. 49.70% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

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

More Pegasystems News

Here are the key news stories impacting Pegasystems this week:

• Positive Sentiment: Q4 results beat on EPS and revenue, with management citing AI-driven demand, rising cloud ACV and expanding backlog—this is the primary catalyst supporting the rally. Q4 Earnings Beat
• Positive Sentiment: Analysts and boutiques remain supportive: Rosenblatt reaffirmed a Buy with a $62 PT, and William Blair reiterated a Buy citing accelerating ACV and cloud growth—these keep upside narratives intact. Rosenblatt Note
• Positive Sentiment: CEO Alan Trefler and company messaging emphasize a push to a ~$2B revenue milestone and a focus on “predictable AI,” reinforcing investor expectations for multi‑year cloud/AI revenue acceleration. Pega $2B Revenue Target
• Neutral Sentiment: Analyses and transcripts provide additional context on metrics, guidance and strategy—useful for modeling but not immediate price drivers. Earnings Presentation
• Neutral Sentiment: Standalone pieces on valuation and peer comparisons are circulating as investors reassess multiples after the recent weakness. Valuation Assessment
• Negative Sentiment: Several firms cut price targets this morning—Wedbush lowered its PT to $60 (still an outperform) and Citizens JMP cut to $58—these downgrades trim near‑term upside expectations. Wedbush Price Target Cut
• Negative Sentiment: Shares dipped earlier despite the beat, reflecting investor focus on margin/earnings details and guidance cadence—so some profit‑taking and skepticism remain. Shares Fall After Q4
• Negative Sentiment: Pega agreed to pay $7M to resolve investors’ trade-secret claims—a modest cash hit but a legal overhang to factor into near-term free cash flow and risk assessments. Legal Settlement

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.