Pegasystems (NASDAQ:PEGA) Receives “Buy” Rating from Rosenblatt Securities

Rosenblatt Securities restated their buy rating on shares of Pegasystems (NASDAQ:PEGA) in a research note issued to investors on Thursday morning,Benzinga reports. They currently have a $62.00 target price on the technology company’s stock.

A number of other equities analysts have also commented on PEGA. KeyCorp set a $60.00 price target on shares of Pegasystems in a report on Thursday, February 5th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Pegasystems in a research report on Monday, December 29th. JPMorgan Chase & Co. boosted their target price on Pegasystems from $65.00 to $74.00 and gave the company an “overweight” rating in a research report on Friday, December 5th. Royal Bank Of Canada restated an “outperform” rating and set a $80.00 price objective (up previously from $70.00) on shares of Pegasystems in a report on Wednesday, October 22nd. Finally, DA Davidson upgraded Pegasystems from a “neutral” rating to a “buy” rating and raised their target price for the company from $60.00 to $85.00 in a report on Wednesday, October 22nd. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $66.95.

Pegasystems Trading Up 7.0%

Shares of Pegasystems stock opened at $40.59 on Thursday. The firm’s 50 day moving average is $53.96 and its 200 day moving average is $55.81. The firm has a market capitalization of $6.86 billion, a PE 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.

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

Pegasystems Dividend Announcement

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

Insider Activity at Pegasystems

In related news, CFO Kenneth Stillwell sold 14,405 shares of the stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $57.87, for a total transaction of $833,617.35. Following the sale, the chief financial officer owned 131,621 shares of the company’s stock, valued at approximately $7,616,907.27. This represents a 9.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Chairman Alan Trefler sold 45,000 shares of Pegasystems stock in a transaction dated Wednesday, January 21st. The shares were sold at an average price of $49.02, for a total value of $2,205,900.00. Following the transaction, the chairman directly owned 44,394,454 shares of the company’s stock, valued at $2,176,216,135.08. The trade was a 0.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 108,405 shares of company stock worth $5,896,127. Corporate insiders own 49.70% of the company’s stock.

Hedge Funds Weigh In On Pegasystems

Several hedge funds have recently bought and sold shares of the company. Hazlett Burt & Watson Inc. purchased a new stake in Pegasystems in the 3rd quarter worth approximately $28,000. International Assets Investment Management LLC bought a new position in shares of Pegasystems in the fourth quarter worth $28,000. Spire Wealth Management raised its position in shares of Pegasystems by 274.2% in the second quarter. Spire Wealth Management now owns 565 shares of the technology company’s stock worth $31,000 after buying an additional 414 shares in the last quarter. Hantz Financial Services Inc. boosted its stake in Pegasystems by 321.6% during the third quarter. Hantz Financial Services Inc. now owns 565 shares of the technology company’s stock valued at $32,000 after buying an additional 431 shares during the period. Finally, Mather Group LLC. purchased a new position in Pegasystems during the third quarter worth about $33,000. Hedge funds and other institutional investors own 46.89% of the company’s stock.

Key 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.