Pegasystems Inc. (PEGA)
NASDAQ: PEGA · IEX Real-Time Price · USD
59.67
+0.05 (0.08%)
At close: Jul 19, 2024, 4:00 PM
59.75
+0.08 (0.13%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Pegasystems Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Pegasystems stock have an average target of 74.71, with a low estimate of 60 and a high estimate of 90. The average target predicts an increase of 25.21% from the current stock price of 59.67.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Pegasystems stock from 8 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 2 | 2 | 2 | 2 | 2 |
| Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Hold | 5 | 3 | 3 | 3 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 8 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $87 → $82 | Strong Buy | Maintains | $87 → $82 | +37.42% | Jun 26, 2024 |
| JMP Securities | JMP Securities | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Jun 12, 2024 |
| Wedbush | Wedbush | Buy Reiterates $90 | Buy | Reiterates | $90 | +50.83% | Jun 12, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $77 | Buy | Reiterates | $77 | +29.04% | Jun 11, 2024 |
| Wedbush | Wedbush | Buy Reiterates $90 | Buy | Reiterates | $90 | +50.83% | Apr 26, 2024 |
Financial Forecast
Revenue This Year
1.52B
from 1.43B
Increased by 5.82%
Revenue Next Year
1.63B
from 1.52B
Increased by 7.72%
EPS This Year
2.84
from 0.73
Increased by 288.79%
EPS Next Year
3.27
from 2.84
Increased by 15.24%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.6B | 1.7B | 1.9B | 1.9B | 1.9B |
| Avg | 1.5B | 1.6B | 1.8B | 1.8B | 1.9B |
| Low | 1.4B | 1.5B | 1.6B | 1.7B | 1.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.0% | 13.5% | 17.6% | 5.6% | 6.6% |
| Avg | 5.8% | 7.7% | 8.4% | 2.6% | 3.5% |
| Low | -0.2% | 0.1% | -0.2% | -1.5% | -0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.09 | 3.76 | 4.35 | 2.56 | 2.98 |
| Avg | 2.84 | 3.27 | 3.45 | 2.49 | 2.90 |
| Low | 2.64 | 2.88 | 2.03 | 2.39 | 2.78 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 322.9% | 32.4% | 33.1% | -25.6% | 19.8% |
| Avg | 288.8% | 15.2% | 5.4% | -27.8% | 16.4% |
| Low | 262.1% | 1.5% | -38.0% | -30.6% | 11.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.