Pegasystems Inc. (PEGA)
NASDAQ: PEGA · IEX Real-Time Price · USD
56.90
-0.60 (-1.04%)
At close: Jun 17, 2024, 4:00 PM
56.62
-0.28 (-0.49%)
After-hours: Jun 17, 2024, 5:52 PM EDT

Pegasystems Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for Pegasystems stock have an average target of 75.43, with a low estimate of 60 and a high estimate of 90. The average target predicts an increase of 32.57% from the current stock price of 56.90.

Analyst Consensus: Buy
Target Low Average Median High
Price $60 $75.43 $75 $90
Change +5.45% +32.57% +31.81% +58.17%

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 Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 332222
Buy 333332
Hold 553334
Sell 000000
Strong Sell 000000
Total 11118888

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
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 +58.17% Jun 12, 2024
RBC Capital
RBC Capital
Buy
Reiterates
$77
Buy Reiterates $77 +35.33% Jun 11, 2024
Wedbush
Wedbush
Buy
Reiterates
$90
Buy Reiterates $90 +58.17% Apr 26, 2024
Barclays
Barclays
Hold
Maintains
$66$69
Hold Maintains $66$69 +21.27% Apr 26, 2024
More Analyst Ratings

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%
Year 2019202020212022202320242025202620272028
Revenue
911.38M1.02B1.21B1.32B1.43B1.52B1.63B1.77B2.11B2.37B
Revenue Growth
2.22%11.65%19.08%8.76%8.71%5.82%7.72%8.39%19.04%12.67%
EPS
-1.14-0.76-0.77-4.220.732.843.273.454.315.21
EPS Growth
-----288.79%15.24%5.35%25.22%20.80%
Forward PE
-----20.0517.4016.5113.1910.92
No. Analysts -----1616933
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 1.6B 1.7B 1.9B 2.2B 2.4B
Avg 1.5B 1.6B 1.8B 2.1B 2.4B
Low 1.4B 1.5B 1.6B 2.0B 2.3B

Revenue Growth

Revenue Growth 20242025202620272028
High
10.0%
13.5%
17.6%
22.5%
16.0%
Avg
5.8%
7.7%
8.4%
19.0%
12.7%
Low
-0.2%
0.1%
-0.2%
14.4%
8.3%

EPS Forecast

EPS 20242025202620272028
High 3.09 3.76 4.35 4.44 5.37
Avg 2.84 3.27 3.45 4.31 5.21
Low 2.64 2.88 2.03 4.15 5.01

EPS Growth

EPS Growth 20242025202620272028
High
322.9%
32.4%
33.1%
28.9%
24.4%
Avg
288.8%
15.2%
5.4%
25.2%
20.8%
Low
262.1%
1.5%
-38.0%
20.3%
16.1%
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.