Pegasystems Inc. (PEGA)

Pegasystems Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for Pegasystems stock have an average target of 85.9, with a low estimate of 70 and a high estimate of 100. The average target predicts a decrease of -3.88% from the current stock price of 89.37.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$70	$85.9	$85	$100
Change	-21.67%	-3.88%	-4.89%	+11.89%

Analyst Ratings

The average analyst rating for Pegasystems stock from 10 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	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	2	2	3	3	3	3
Buy	2	4	4	4	4	4
Hold	4	3	3	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	8	9	10	10	10	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Raimo Lenschow Barclays	Barclays	Hold Maintains $74 → $82	Hold	Maintains	$74 → $82	-8.25%	Oct 25, 2024
Daniel Ives Wedbush	Wedbush	Buy Maintains $90 → $100	Buy	Maintains	$90 → $100	+11.89%	Oct 25, 2024
Blair Abernethy Rosenblatt	Rosenblatt	Strong Buy Maintains $90 → $95	Strong Buy	Maintains	$90 → $95	+6.30%	Oct 25, 2024
Blair Abernethy Rosenblatt	Rosenblatt	Strong Buy Maintains $90	Strong Buy	Maintains	$90	+0.70%	Oct 8, 2024
Steven Enders Citigroup	Citigroup	Strong Buy Maintains $87 → $92	Strong Buy	Maintains	$87 → $92	+2.94%	Sep 25, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.51B

Increased by 5.40%

from 1.43B

Revenue Next Year

1.62B

Increased by 7.09%

from 1.51B

EPS This Year

2.94

Increased by 300.67%

from 0.73

EPS Next Year

3.29

Increased by 11.95%

from 2.94

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	911.38M	1.02B	1.21B	1.32B	1.43B	1.51B	1.62B	1.74B
Revenue Growth	2.22%	11.65%	19.08%	8.76%	8.71%	5.40%	7.09%	7.54%
EPS	-1.14	-0.76	-0.77	-4.22	0.73	2.94	3.29	3.49
EPS Growth	-	-	-	-	-	300.67%	11.95%	6.18%
Forward PE	-	-	-	-	-	30.41	27.17	25.58
No. Analysts	-	-	-	-	-	13	13	10

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	1.6B	1.7B	1.9B
Avg	1.5B	1.6B	1.7B
Low	1.4B	1.5B	1.6B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	10.1%	12.7%	14.5%
Avg	5.4%	7.1%	7.5%
Low	-0.2%	-0.1%	-1.2%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	3.09	3.64	4.61
Avg	2.94	3.29	3.49
Low	2.73	2.89	2.20

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	320.9%	24.0%	40.0%
Avg	300.7%	11.9%	6.2%
Low	272.8%	-1.6%	-33.3%

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.