Several brokerages have updated their recommendations and price targets on shares of Pegasystems (NASDAQ: PEGA) in the last few weeks:
- 4/24/2026 – Pegasystems was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.
- 4/24/2026 – Pegasystems was downgraded by Zacks Research from “strong-buy” to “hold”.
- 4/23/2026 – Pegasystems had its price target raised by Citigroup Inc. from $70.00 to $71.00. They now have a “buy” rating on the stock.
- 4/23/2026 – Pegasystems had its “outperform” rating reaffirmed by Wedbush. They now have a $60.00 price target on the stock.
- 4/22/2026 – Pegasystems had its “outperform” rating reaffirmed by Royal Bank Of Canada. They now have a $60.00 price target on the stock, down from $65.00.
- 4/20/2026 – Pegasystems had its “buy” rating reaffirmed by Rosenblatt Securities. They now have a $62.00 price target on the stock.
- 4/17/2026 – Pegasystems was given a new $55.00 price target by DA Davidson. They now have a “buy” rating on the stock.
- 4/14/2026 – Pegasystems had its price target lowered by Citigroup Inc. from $75.00 to $70.00. They now have a “buy” rating on the stock.
- 3/27/2026 – Pegasystems had its “hold (c+)” rating reaffirmed by Weiss Ratings.
- 3/11/2026 – Pegasystems had its price target raised by Citigroup Inc. from $73.00 to $75.00. They now have a “buy” rating on the stock.
Pegasystems Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 1st were issued a $0.03 dividend. The ex-dividend date was Wednesday, April 1st. This represents a $0.12 annualized dividend and a dividend yield of 0.3%. Pegasystems’s dividend payout ratio (DPR) is 6.45%.
Insider Activity
In other news, CAO Efstathios A. Kouninis sold 1,000 shares of the stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $42.88, for a total value 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Rifat Kerim Akgonul sold 7,594 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $43.39, for a total transaction of $329,503.66. Following the sale, the insider owned 111,429 shares of the company’s stock, valued at $4,834,904.31. The trade was a 6.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 52,594 shares of company stock worth $2,344,024 over the last three months. Corporate insiders own 49.70% of the company’s stock.
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.
Further Reading
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