Pegasystems Inc. (PEGA)
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]
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 StatementsAnalyst 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.
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.

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 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

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....

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...

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.

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...

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...

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...

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...

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. ...

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.

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?

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 /...

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...

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 ...

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...

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...

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.

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...

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...

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...

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...

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...

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?