Pegasystems Inc. (PEGA)
NASDAQ: PEGA · IEX Real-Time Price · USD
64.64
-0.43 (-0.66%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Pegasystems Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for Pegasystems stock have an average target of 65.5, with a low estimate of 52 and a high estimate of 87. The average target predicts an increase of 1.33% from the current stock price of 64.64.

Analyst Consensus: Buy
Target Low Average Median High
Price $52 $65.5 $62 $87
Change -19.55% +1.33% -4.08% +34.59%

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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 333332
Buy 333333
Hold 444553
Sell 111000
Strong Sell 000000
Total 11111111118

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Citigroup
Citigroup
Strong Buy
Maintains
$86$87
Strong Buy Maintains $86$87 +34.59% Mar 22, 2024
DA Davidson
DA Davidson
Hold
Reiterates
$60
Hold Reiterates $60 -7.18% Mar 4, 2024
RBC Capital
RBC Capital
Buy
Maintains
$65$77
Buy Maintains $65$77 +19.12% Feb 16, 2024
Goldman Sachs
Goldman Sachs
Hold
Maintains
$50$70
Hold Maintains $50$70 +8.29% Feb 16, 2024
Wedbush
Wedbush
Buy
Reiterates
$58
Buy Reiterates $58 -10.27% Feb 15, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
1.53B
from 1.43B
Increased by 6.80%
Revenue Next Year
1.66B
from 1.53B
Increased by 8.63%
EPS This Year
2.81
from 0.73
Increased by 285.30%
EPS Next Year
3.25
from 2.81
Increased by 15.58%
Year 2019202020212022202320242025202620272028
Revenue
911.38M1.02B1.21B1.32B1.43B1.53B1.66B1.85B2.26B2.53B
Revenue Growth
2.22%11.65%19.08%8.76%8.71%6.80%8.63%11.31%22.16%11.95%
EPS
-1.14-0.76-0.77-4.220.732.813.253.743.784.83
EPS Growth
-----285.30%15.58%15.18%1.06%27.76%
No. Analysts -----1616833
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 1.6B 1.8B 2.0B 2.3B 2.6B
Avg 1.5B 1.7B 1.9B 2.3B 2.5B
Low 1.5B 1.5B 1.7B 2.2B 2.4B

Revenue Growth

Revenue Growth 20242025202620272028
High
10.8%
16.7%
20.6%
25.8%
15.2%
Avg
6.8%
8.6%
11.3%
22.2%
11.9%
Low
1.6%
0.8%
2.3%
17.4%
7.5%

EPS Forecast

EPS 20242025202620272028
High 2.99 3.73 4.57 3.90 4.98
Avg 2.81 3.25 3.74 3.78 4.83
Low 2.65 2.92 3.17 3.64 4.65

EPS Growth

EPS Growth 20242025202620272028
High
309.5%
32.5%
40.6%
4.0%
31.5%
Avg
285.3%
15.6%
15.2%
1.1%
27.8%
Low
263.7%
3.8%
-2.6%
-2.9%
22.8%
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.