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
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 '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 3 | 3 | 2 |
Buy | 3 | 3 | 3 | 3 | 3 | 3 |
Hold | 4 | 4 | 4 | 5 | 5 | 3 |
Sell | 1 | 1 | 1 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 11 | 11 | 11 | 11 | 11 | 8 |
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 |
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%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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.