Pegasystems Inc. (PEGA)

NASDAQ: PEGA · IEX Real-Time Price · USD
45.78
-0.20 (-0.45%)
Mar 30, 2023, 2:30 PM EDT - Market open
-0.45%
Market Cap 3.77B
Revenue (ttm) 1.32B
Net Income (ttm) -345.58M
Shares Out 82.47M
EPS (ttm) -4.22
PE Ratio n/a
Forward PE 56.82
Dividend $0.12 (0.26%)
Ex-Dividend Date Dec 30, 2022
Volume 72,332
Open 46.27
Previous Close 45.98
Day's Range 45.56 - 46.56
52-Week Range 29.05 - 82.33
Beta 1.03
Analysts Buy
Price Target 48.59 (+6.15%)
Earnings Date Apr 26, 2023

About PEGA

Pegasystems Inc. develops, markets, licenses, hosts, and supports enterprise software applications in the United States, rest of the Americas, the United Kingdom, rest of Europe, the Middle East, Africa, and the Asia-Pacific. It provides Pega Platform, an application development product for clients; and Pega Infinity, a software platform that unifies customer engagement and digital process automation. The company also offers customer engagement applications, including Pega Customer Decision Hub that enable enterprises to enhance customer acquis... [Read more]

Sector Technology
IPO Date Jul 18, 1996
Employees 6,133
Stock Exchange NASDAQ
Ticker Symbol PEGA
Full Company Profile

Financial Performance

In 2022, Pegasystems's revenue was $1.32 billion, an increase of 8.76% compared to the previous year's $1.21 billion. Losses were -$345.58 million, 448.2% more than in 2021.

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for PEGA stock is "Buy." The 12-month stock price forecast is $48.59, which is an increase of 6.15% from the latest price.

Price Target
$48.59
(6.15% upside)
Analyst Consensus: Buy
Stock Forecasts

News

BCE Partners With Palo Alto to Launch Cloud Security Solutions

BCE to deliver managed CNAPP security offerings in collaboration with Palo Alto Networks by leveraging the latter's Prisma Cloud.

Other symbols: ANETBCEPERI
3 hours ago - Zacks Investment Research

Pega Cloud Enhancements Improve Speed, Scalability, and Agility for Optimal Business Performance

New capabilities enable Pega clients to operate on the most current Pega solutions with zero downtime CAMBRIDGE, Mass. , March 28, 2023 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the low-code pl...

2 days ago - PRNewsWire

2 Software Giants to Buy if Rates Have Peaked

Based on the Fed Fund Futures curve, traders now believe that the Fed is actually done raising interest rates

Other symbols: CRM
5 days ago - Zacks Investment Research

Aflac, Citi, Rabobank, and Virgin Media Ireland to Keynote at PegaWorld iNspire 2023

Industry leaders to share how they leverage Pega to transform their organizations to deliver better customer and employee experiences CAMBRIDGE, Mass. , March 21, 2023 /PRNewswire/ -- Pegasystems Inc....

1 week ago - PRNewsWire

Pega Announces Quarterly Cash Dividend for Second Quarter of 2023

CAMBRIDGE, Mass., March 17, 2023 /PRNewswire/ --  Pegasystems Inc.  (NASDAQ: PEGA), the low-code platform provider empowering the world's leading enterprises to Build for Change®, today announced a qu...

1 week ago - PRNewsWire

Here's Why Investors May Bet on Pegasystems (PEGA) Stock

Pegasystems (PEGA) is benefitting from transition to subscription model. The company's subscription revenues topped $1 billion in 2022.

2 weeks ago - Zacks Investment Research

Pega Foundation for Healthcare Enhancements Help Payers and Providers Accelerate Access to Care

New AI and automation capabilities help healthcare organizations speed through complex processes CAMBRIDGE, Mass. , March 7, 2023 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the low-code platform...

3 weeks ago - PRNewsWire

Pega to Integrate New Generative AI Technology to Accelerate Low-Code App Development and Improve Customer Engagement

Pega Infinity to bring the power of Generative AI to the enterprise CAMBRIDGE, Mass. , March 1, 2023 /PRNewswire/ --  Pegasystems Inc.  (NASDAQ: PEGA), the low-code platform provider empowering the wo...

1 month ago - PRNewsWire

Pega Named a Leader in Robotic Process Automation by Independent Research Firm

Pega receives highest score in automation design and development criterion CAMBRIDGE, Mass. , Feb. 28, 2023 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the low-code platform provider empowering t...

1 month ago - PRNewsWire

Pegasystems (PEGA) Could Find a Support Soon, Here's Why You Should Buy the Stock Now

Pegasystems (PEGA) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wa...

1 month ago - Zacks Investment Research

Pega Helps Shawbrook Bank Improve Processing Time for Unsecured Loans by 75%

Specialist UK savings and lending bank uses Pega to transform personal loan process, reducing costs and improving customer experience CAMBRIDGE, Mass. , Feb. 23, 2023 /PRNewswire/ -- Pegasystems Inc. ...

1 month ago - PRNewsWire

3 Stocks to Buy for the Future of Robotics

Automation and robotics are proving to be two megatrends of the 2020s. The pandemic, in particular, showed the vulnerability of our existing supply chains and labor supply.

Other symbols: CGNXCMCO
1 month ago - InvestorPlace

Pegasystems (PEGA) Surpasses Q4 Earnings and Revenue Estimates

Pegasystems (PEGA) delivered earnings and revenue surprises of 811.11% and 18.39%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Q4 2022 Results Highlight Improving Profitability

Annual contract value (ACV) grows 16% year over year (constant currency) Pega Cloud gross margin reaches 70% 2023 free cash flow expected to increase to $150 million CAMBRIDGE, Mass. , Feb. 15, 2023 /...

1 month ago - PRNewsWire

Pega to Present at Upcoming Investor Conferences

CAMBRIDGE, Mass. , Feb. 13, 2023 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the low-code platform provider that builds agility into the world's leading organizations, today announced that Ken St...

1 month ago - PRNewsWire

Pega to Announce Financial Results for the Fourth Quarter and Fiscal Year 2022 via Conference Call and Webcast

CAMBRIDGE, Mass. , Jan. 25, 2023 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the low-code platform that builds agility into the world's leading organizations, today announced that it will report ...

2 months ago - PRNewsWire

Pega's Clients, Culture, Market Leadership, and Sustainability Efforts Recognized for Continued Excellence

Recent accolades demonstrate Pega's consistent ability to create excellent experiences for clients, employees, and partners CAMBRIDGE, Mass. , Dec. 20, 2022 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: P...

3 months ago - PRNewsWire

Pega Announces Quarterly Cash Dividend for First Quarter of 2023

CAMBRIDGE, Mass. , Dec. 16, 2022 /PRNewswire/ --  Pegasystems Inc.  (NASDAQ: PEGA), the low-code platform provider that builds agility into the world's leading organizations, today announced a quarter...

3 months ago - PRNewsWire

Ron Baron Is Loading Up on the 'Lululemon of Health Care'

Baron Funds recently released its 13F portfolio updates for the third quarter of 2022, which ended on Sept. 30.

Other symbols: FIGSGOOGSMAR
4 months ago - GuruFocus

New Pega Smart Investigate Features Help Banks Speed Financial Sanction Reviews

Out-of-the-box workflows automate payment investigations and help keep banks in compliance CAMBRIDGE, Mass. , Nov. 8, 2022 /PRNewswire/ -- Pegasystems Inc.  (NASDAQ: PEGA), the low-code platform provi...

5 months ago - PRNewsWire

Pega to Present at Upcoming Investor Conference

CAMBRIDGE, Mass. , Nov. 2, 2022 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the low-code platform provider that builds agility into the world's leading organizations, today announced that Ken Sti...

5 months ago - PRNewsWire

Pega Announces Winners of Global Software Hackathon

Developers of all skill levels recognized for innovative apps that help solve real-world issues impacting businesses CAMBRIDGE, Mass. , Nov. 2, 2022 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), th...

5 months ago - PRNewsWire

Pega, powered by AWS, Helps Put Children and Families First With Unified Technology For Child Welfare

Brings systems and data together to empower caseworkers to achieve the best possible outcomes CAMBRIDGE, Mass. , Oct. 31, 2022 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), powered by Amazon Web Se...

5 months ago - PRNewsWire

Pega Named a Leader in KYC Solutions by Chartis Research

Pega receives highest scores possible in three out of four categories CAMBRIDGE, Mass. , Oct. 27, 2022 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the low-code platform provider that builds agili...

5 months ago - PRNewsWire

Pegasystems (PEGA) Reports Q3 Loss, Lags Revenue Estimates

Pegasystems (PEGA) delivered earnings and revenue surprises of -36% and 4.31%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research