Recent Research Analysts’ Ratings Changes for Pegasystems (PEGA)

Several brokerages have updated their recommendations and price targets on shares of Pegasystems (NASDAQ: PEGA) in the last few weeks:

• 2/14/2026 – Pegasystems was downgraded by Wall Street Zen from “strong-buy” to “hold”.
• 2/13/2026 – Pegasystems was upgraded by Zacks Research from “hold” to “strong-buy”.
• 2/12/2026 – Pegasystems was given a new $65.00 price target by Royal Bank Of Canada. They now have an “outperform” rating on the stock.
• 2/12/2026 – Pegasystems had its “buy” rating reaffirmed by Citigroup Inc.. They now have a $73.00 price target on the stock, down from $81.00.
• 2/12/2026 – Pegasystems had its price target lowered by Wedbush from $75.00 to $60.00. They now have an “outperform” rating on the stock.
• 2/12/2026 – Pegasystems had its price target lowered by Citizens Jmp from $78.00 to $58.00. They now have a “market outperform” rating on the stock.
• 2/12/2026 – Pegasystems had its “buy” rating reaffirmed by Rosenblatt Securities. They now have a $62.00 price target on the stock.
• 2/6/2026 – Pegasystems had its price target lowered by Rosenblatt Securities from $70.00 to $62.00. They now have a “buy” rating on the stock.
• 2/5/2026 – Pegasystems was given a new $60.00 price target by KeyCorp.
• 1/31/2026 – Pegasystems was upgraded by Wall Street Zen from “buy” to “strong-buy”.

Pegasystems Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Friday, January 2nd were given a $0.03 dividend. The ex-dividend date was Friday, January 2nd. This represents a $0.12 annualized dividend and a dividend yield of 0.3%. Pegasystems’s payout ratio is presently 5.63%.

Insider Activity

In related news, CFO Kenneth Stillwell sold 14,405 shares of Pegasystems stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $57.87, for a total transaction of $833,617.35. Following the sale, the chief financial officer directly owned 131,621 shares of the company’s stock, valued at approximately $7,616,907.27. The trade was a 9.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Rifat Kerim Akgonul sold 4,000 shares of the business’s stock in a transaction 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 in the company, valued at approximately $6,792,140.55. The trade was a 3.42% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 108,405 shares of company stock worth $5,896,127. 50.10% of the stock is currently owned by corporate insiders.

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.