Wedbush Issues Optimistic Outlook for Pegasystems Earnings

Pegasystems Inc. (NASDAQ:PEGA) – Stock analysts at Wedbush raised their Q3 2025 earnings per share estimates for shares of Pegasystems in a research note issued to investors on Thursday, April 24th. Wedbush analyst D. Ives now forecasts that the technology company will post earnings of $0.15 per share for the quarter, up from their prior forecast of $0.09. Wedbush has a “Outperform” rating and a $125.00 price target on the stock. The consensus estimate for Pegasystems’ current full-year earnings is $1.89 per share.

A number of other brokerages have also weighed in on PEGA. Loop Capital reaffirmed a “buy” rating and set a $105.00 target price (up previously from $85.00) on shares of Pegasystems in a research note on Thursday, April 24th. Citigroup cut their price objective on Pegasystems from $119.00 to $107.00 and set a “buy” rating on the stock in a research report on Tuesday, April 22nd. KeyCorp decreased their target price on Pegasystems from $118.00 to $94.00 and set an “overweight” rating for the company in a research report on Wednesday, April 16th. Barclays restated a “positive” rating on shares of Pegasystems in a research report on Thursday, April 24th. Finally, DA Davidson increased their price objective on Pegasystems from $70.00 to $90.00 and gave the stock a “neutral” rating in a report on Wednesday, April 23rd. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $100.27.

Pegasystems Trading Up 0.1 %

Shares of Pegasystems stock opened at $91.16 on Monday. Pegasystems has a 12-month low of $55.71 and a 12-month high of $113.67. The company has a market cap of $7.76 billion, a P/E ratio of 90.26 and a beta of 1.22. The company’s fifty day simple moving average is $73.60 and its two-hundred day simple moving average is $85.93.

Pegasystems (NASDAQ:PEGA) last posted its earnings results on Wednesday, February 12th. The technology company reported $1.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.47 by ($0.20). Pegasystems had a net margin of 6.63% and a return on equity of 32.09%.

Institutional Trading of Pegasystems

Large investors have recently made changes to their positions in the stock. Envestnet Asset Management Inc. lifted its position in Pegasystems by 108.2% during the first quarter. Envestnet Asset Management Inc. now owns 69,600 shares of the technology company’s stock valued at $4,839,000 after purchasing an additional 36,171 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of Pegasystems by 6.0% in the 1st quarter. Bank of New York Mellon Corp now owns 343,220 shares of the technology company’s stock worth $23,861,000 after buying an additional 19,485 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of Pegasystems in the 1st quarter worth $5,664,000. Teacher Retirement System of Texas grew its holdings in shares of Pegasystems by 275.3% in the first quarter. Teacher Retirement System of Texas now owns 603,183 shares of the technology company’s stock worth $41,933,000 after acquiring an additional 442,462 shares during the period. Finally, Cannon Global Investment Management LLC purchased a new stake in Pegasystems during the first quarter valued at $278,000. 46.89% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Pegasystems

In related news, insider Leon Trefler sold 2,049 shares of Pegasystems stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $75.65, for a total value of $155,006.85. Following the completion of the sale, the insider now directly owns 52,019 shares in the company, valued at approximately $3,935,237.35. This trade represents a 3.79 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Alan Trefler sold 31,500 shares of the business’s stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $77.38, for a total value of $2,437,470.00. Following the completion of the transaction, the chairman now directly owns 17,308,786 shares of the company’s stock, valued at approximately $1,339,353,860.68. This trade represents a 0.18 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 135,762 shares of company stock worth $10,386,802. 50.10% of the stock is owned by corporate insiders.

Pegasystems Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st were given a dividend of $0.015 per share. This represents a $0.06 annualized dividend and a yield of 0.07%. The ex-dividend date of this dividend was Tuesday, April 1st. Pegasystems’s dividend payout ratio (DPR) is 5.83%.

About Pegasystems

Pegasystems Inc develops, markets, licenses, hosts, and supports enterprise software in the United States, rest of the Americas, the United Kingdom, rest of Europe, the Middle East, Africa, and the Asia-Pacific. The company provides Pega Infinity, a software portfolio comprising of Pega Customer Decision Hub, a real-time AI-powered decision engine to enhance customer acquisition and experiences across inbound, outbound, and paid media channels; Pega Customer Service to anticipate customer needs, connect customers to people and systems, and automate customer interactions to evolve the customer service experience, as well as to allow enterprises to deliver interactions across channels and enhance employee productivity; and Pega Platform, an intelligent automation software for increasing efficiency of clients’ processes and workflows.