Pegasystems Inc. (NASDAQ:PEGA) Receives $63.70 Average Price Target from Analysts

Posted by on Jun 6th, 2026

Shares of Pegasystems Inc. (NASDAQ:PEGA – Get Free Report) have been given an average recommendation of “Moderate Buy” by the eleven research firms that are covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $63.70.

A number of equities analysts have recently weighed in on PEGA shares. Wedbush reiterated an “outperform” rating and set a $60.00 price target on shares of Pegasystems in a report on Thursday, April 23rd. Zacks Research cut Pegasystems from a “strong-buy” rating to a “hold” rating in a report on Friday, April 24th. Weiss Ratings cut Pegasystems from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday. DA Davidson set a $55.00 price target on Pegasystems and gave the stock a “buy” rating in a report on Friday, April 17th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $60.00 price target (down from $65.00) on shares of Pegasystems in a report on Wednesday, April 22nd.

Check Out Our Latest Stock Analysis on PEGA

Insider Activity at Pegasystems

In related news, CAO Efstathios A. Kouninis sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $42.88, for a total transaction of $42,880.00. Following the completion of the transaction, the chief accounting officer directly owned 3,365 shares in the company, valued at $144,291.20. This trade represents a 22.91% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Kenneth Stillwell sold 44,000 shares of the firm’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 transaction, the chief financial officer owned 109,123 shares of the company’s stock, valued at $4,889,801.63. This trade represents a 28.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 58,639 shares of company stock worth $2,549,404 in the last three months. 48.40% of the stock is owned by company insiders.

Hedge Funds Weigh In On Pegasystems

A number of hedge funds and other institutional investors have recently bought and sold shares of PEGA. AQR Capital Management LLC boosted its holdings in Pegasystems by 236.2% during 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 during the period. State Street Corp boosted its holdings in Pegasystems by 255.3% during the 2nd quarter. State Street Corp now owns 2,907,677 shares of the technology company’s stock valued at $157,393,000 after acquiring an additional 2,089,375 shares during the period. American Century Companies Inc. boosted its holdings in Pegasystems by 357.6% during the 3rd quarter. American Century Companies Inc. now owns 1,586,793 shares of the technology company’s stock valued at $91,241,000 after acquiring an additional 1,239,998 shares during the period. Copeland Capital Management LLC purchased a new position in Pegasystems during the 1st quarter valued at about $47,817,000. Finally, First Trust Advisors LP boosted its holdings in Pegasystems by 271.7% during the 3rd quarter. First Trust Advisors LP now owns 1,111,736 shares of the technology company’s stock valued at $63,925,000 after acquiring an additional 812,634 shares during the period. 46.89% of the stock is currently owned by hedge funds and other institutional investors.

Pegasystems Trading Down 2.1%

NASDAQ PEGA opened at $34.71 on Friday. The stock has a market cap of $5.80 billion, a PE ratio of 18.66 and a beta of 0.86. Pegasystems has a twelve month low of $32.00 and a twelve month high of $68.10. The stock has a fifty day simple moving average of $37.73 and a 200-day simple moving average of $46.34.

Pegasystems (NASDAQ:PEGA – Get Free Report) last released its quarterly earnings results on Tuesday, April 21st. The technology company reported $0.46 earnings per share for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.22). The business had revenue of $429.97 million for the quarter, compared to analysts’ expectations of $473.24 million. Pegasystems had a return on equity of 30.05% and a net margin of 20.04%.The business’s revenue for the quarter was down 9.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.76 earnings per share. Research analysts predict that Pegasystems will post 1.95 EPS for the current year.

Pegasystems Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st were issued a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Wednesday, April 1st. Pegasystems’s dividend payout ratio (DPR) is 6.45%.

About Pegasystems

(Get Free Report)

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.

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Analyst Recommendations for Pegasystems (NASDAQ:PEGA)

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